Tuesday, May 27, 2014

We bought a new house!

We have had a lot of people surprised when we tell them we bought a new house.  They say, "I didn't even know you were looking."  Well, we weren't looking exactly, but we did know that we wanted to upsize eventually.  We made a wish list of everything we wanted.  Then, we agreed to move for nothing less than everything on the list.  We found a house a couple weeks later on Zillow that we were immediately interested in, so we called our realtors and made an appointment to see it.
We loved the house, but our realtor was convinced we would be happier having a house with a basement.  We took Zach's parents to see it the next night, and then we sat with the idea for a day.  The house has every single thing on our wish list, so we didn't want to lose it.  We made an offer Friday night before leaving town for Easter.

We made the offer contingent on the sale of our own house.  The sellers liked our offer but didn't want a contingency because they had a contingency on the house they were buying.  So, instead, we came home Sunday night and put our house on the market.  Thankfully, we had Monday off from school.  We took Monroe to daycare and got to work cleaning and organizing.  Our sign went in the front yard Tuesday.  We had our first showing Wednesday at 5:20.  They made an offer a couple hours later.  We countered and had an accepted offer the next night.  Then, we put our own offer on the other house.  They accepted the next day, one week after our original offer.  It all happened so quickly it didn't feel real.
 The sign in our yard

Inspections were done on both houses, and both turned up big ticket items to fix.  The inspector of our house said our roof had very little life left.  Our buyers asked for it to be replaced.  Also, they did a radon test and it came back at 4.1.  Anything over 4.0 should be mitigated.  This means a hole is drilled in the basement floor and a pipe is taken out through the roof.  It costs a little over $1,000.  We decided to fix the roof but not mitigate for Radon.  We called our insurance agent to get help with the roof.  We had had adjusters on our roof three times in the last six years, and they told us every time that there was no hail damage.  The inspector said there was hail damage.  Our insurance agent came over with the adjustor and got up on the roof with Zach.  They all decided the roof was totaled.  Because of the age of the roof, they did not pay us for the total cost, but they did write us a check for $4,000.  We were very happy with that.  We also asked the buyers for $1,000 more on the purchase price, since they were getting a house with a brand new roof.
At the inspection for our new house, we found out the siding was way worse than we had thought.  We had intended to replace the siding in the next five years.  He told us it needed to be done immediately.  We asked the sellers for $6,000 to help us pay for the new siding.  After three weeks of waiting for their reply, they agreed to give us $5,000.  All negotiations are complete, finally!  We are closing on July 1st, which is a Tuesday.

3 comments:

  1. Yay! So happy for you guys.

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  2. Congrats again!! Such an exciting time!

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  3. Congratulations on buying a house! I wouldn't have been surprised. Monroe is growing up real fast. I'm guessing you needed an upsize for a new home because she would need a lot of space to play and run around in. That is, once again, a new chapter in your lives. I hope you all have a great time in your new house. Take care always! :)

    Chad Graham @ Graham Commercial Real Estate

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