Originally Posted by Paigekitten
I think the most exciting thing for me is that we OWN our home, and I get to stay home with the kids. For us, dust and dirt and late nights ripping up tile are worth it, plus SOMEDAY I will have a cute house.
Originally Posted by VisionaryMom
Ours wasn't a foreclosure, but we did buy a house that needed work. In fact, the people we bought it from were selling because it was more than they could handle once they got into it.
I will say that I absolutely love our house and yard. But there are days when I want to cry because of what we got into.
Same here. Our house wasn't a foreclosure but the owner was getting older and didn't have the time, money or ability to keep up with it.
I hardly ever want to cry about it though... there was just this one time when we were living without water for two months and were filling jugs at the nieghbours. I was trying to pour water, tipped over this giant jug causing a lake of water to flood across the floor SOAKING a stack of flooring materials. I had to move the stack of flooring and a washer and dryer that was sitting in the middle of the kitchen in order to clean it all up. That was the only time I lost it.
Overall it's been great. We made an offer contingent on inspection and mortgage approval. Most of the problems with the house were visible but the inspector was really helpful and gave us some tips on easy fix its and gov't programs that we could benefit from. Personally, I was ready to knock a couple thousand off the offer after hearing all the details from the inspector but DH didn't dare. Even with all the work, we still got a pretty GREAT deal considering the area. We're 5 mins from DH's work/town, 10 mins from the 'city' but out in the country with hardly a neighbour in site (except the ones right next door but they're nice).
Houses go for quite
a bit more around here. And
apparently we have great gardening soil!
Good luck with the new house! I remember when we were looking we had our hearts broken many times... but looking back I'm fine with it because I love THIS house so much. If you don't get this one, I hope you find something even better.