Tuesday, July 19, 2016
Purchase a house - Why???
We weren't planning on buying a home. We really weren't... We always said we wouldn't buy a house because then you're STUCK there until you can sell it - IF you can sell it. We like to travel - probably more than we should. We've been all over and would like that to continue. We bought this place so we could do just that - travel and DO MORE than just work to pay bills. We bought this place for rental income.
And thanks to www.trulia.com and an FHA mortgage we did it!
We bought a little old 2 family home JUST FOR US! (and our future tenant and our future dog)
Things to know about buying a house:
If you're doing FHA - the house pretty much has to be perfect. AKA: No chipping pain, stairs rails in place and in good condition, no rot, nothing winterized, nothing could be wrong.
So that was fun. It actually went pretty smoothly, the lawyers, realtors, and bank all agreed it was pretty much a no-fuss transaction! That never happens for us...
But as soon as we saw this place we new it was perfect for us!
2 bedroom 2 bathroom, a walk out basement for @nywoodshop to do his thing and it was all crazy clean! and with a 1 bedroom 1 bathroom apartment above - before and after pictures on my other post!
All that said, of course, as with every older house there are things you want to do to make it your own home. We have a home! We've never had a home!
So my first priority was a CHECKLIST (I'm very list-oriented):
I probably missed a few things when writing this checklist, but it gives you a general idea of what you'll be seeing.
All of my posts were done by either me or my husband. We own New York Wood Shop in Middletown, NY.
Subscribe to:
Post Comments (Atom)
No comments:
Post a Comment