As I told you guys a while back, Ben and I dove into the home-buying process a few weeks ago. It's definitely been a whirl wind experience so far. Within a day of picking our realtor, he had sent us a pretty comprehensive list of houses that we could set up viewings of, and then two days later we went out and saw six houses in the Liberty area. There were definitely things we liked about the houses we looked at, and there was one in particular that we were interested in putting an offer in for in Pleasant Valley (NKC schools)... unfortunately, the listing agent did not tell our realtor that it was already under a pending contract, so we were back to the drawing board.
That same night, a new listing came on the market in old Liberty (near downtown and Jewel) for a house we thought we'd really like to see. We went to take a look at it on Saturday afternoon, hoping for the best. It was a 4 bed, 3 bath foreclosure and we really saw some great potential in the bones of the house. We ended up putting an offer in for it on Monday morning, and on Tuesday the bank accepted contingent on inspections. This past Monday we had a structural engineer come out to look at the house. I'm so thankful that we decided to have this done because he ended up finding a number of problems dealing with the structural integrity of the house. He ultimately advised us to not go through with buying the home for fear that it would be a money pit. With this in mind, we decided to back out of the sale. We filed our cancellation paperwork this morning.
At first, we were really disappointed that we lost the house. We had honestly envisioned ourselves in this home, decided where we would put what, thought about paint colors, etc. It was a blow. We thought that this process would be easier and less stressful than it has been. Alas, that's the way the cookie crumbles... nothing worth having is easy.
That said, we stopped and re-grouped Monday night. We each had a beer, we complained for a while, and then we went back through listings (finding some new ones that we hadn't seen, etc.), and set up viewings for me to see today. I'll be going without Ben since he has to work, but in his words... "We won't get it unless Kimberly likes it anyway." Ben is off tomorrow morning though, so anything that I end up liking will be put on the list for him to go see with our realtor then.
We're hopeful that everything will fall into place and we will find the starter home of our dreams. :)
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