What house to buy?

[wolf_Q]

Well they accepted our offer. It's still not for sure, we'll see what happens. This is scary and exciting at the same time.

[Cinder & Smoke]

Well they accepted our offer.
It's still not for sure, we'll see what happens.

Well now ... TWO Houses, huh?
Congrats!

Back to the Wedding Plans.

[krazyaboutkatz]

Congrats!!! I hope that everything will go smoothly. I'm asuming that you'll also be getting a home inspection done so hopefully that will go well too. Do you have any pictures of the house yet?

[wolf_Q]

Soooo...I bought Corby's house, the 800 sq ft house (at least that's what the records say, not 750 as we thought). Got the tax credit to buy it, got a better interest rate than he had. We're doing well here, its small, but we're okay, Corby really wants a two car garage though. I just can't seem to think its worth adding a two car garage to this tiny house when we could buy a bigger house with one for not much more than it would cost to add it.

Well we just looked on the net and the other house is back up again. I do not believe it was ever sold, lots of offers, all the offers have fallen through or something. It's right by my parents house so I've seen it a lot, it looks abandoned. I just called a few weeks ago and she said there was an offer in for about $10k less than what we were going to pay. Well now its up for almost $30k than what we were going to pay. Ahh what do we do? With the tax credit we're supposed to live in this house for 3 years. It makes me wonder why nobody will buy it though. It does need a lot of work, but it seemed to be a structurally sound house. The entire basement is not finished and the upstairs only has 2 bedrooms (but there's a huge "great room" you could easily put a bedroom in). I don't know if that's enough reason for people to not buy it or if there's something else. The yard is huge, I think I just want it for the yard ha ha. Corby is worried about the economy if its going to get even worse. Help me.

[Lillycat]

but in this economy unless you have unlimited dollars, i would stay where you are in your little house.....and watch the world go by for awhile.....that three years you mentioned sounds like a good while time-frame to me.....

[ramanth]

If you are supposed to be in your current home for 3 years, I'd really read the fine print.

My HUD contract says I must live in my home for at least a year. Stiff penalties if I try to sell it or lease it out before a year is up.

Good luck!!