6/11/2015

New House - Not Yet

So unfortunately, Jordan and I had to let the house go that we had put an offer on.  The list was for $250,000 which was our offer but to get the house where it needed to be would have been about $90,000 in renovations (with a LOT of sweat equity).  After doing an appraisal, we found out that it would only add about $20,000 worth of market value.
 
We didn't think it would be 100% of the reno, but it needed to be at least 50% to make it worthwhile.

So...we move on.

Jordan has two houses lined up for us to look at on Sunday.

Related Posts:

  • Negotiations with the LandlordYesterday I told you when we wrote in our e-mail to the Landlord.  This was her reply" Thank you for your email.  No problem on the notice.  I had just passed the email to my husband last night and we can sim… Read More
  • Negotiations with the Landlord - Part TwoAll I have been thinking about over the last couple of days is this lease negotiation business....I called my mom this morning to work out the first e-mail that I was going to send to her today... I wanted to make sure it had… Read More
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  • Moving...or not?So Jordan and I have been doing a tonnne of talking about the whole moving thing, and now we're thinking that we might as well just stay where we are...We figure we'll be going from three roommates to one roommate and that mi… Read More
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2 comments:

  1. Sounds like you've made the right decision.

    I hadn't been reading blogs in a while, life got super busy, but I always enjoyed yours... CONGRATULATIONS on the baby :):):) really happy for you guys!

    ReplyDelete
    Replies
    1. Thanks so much! Life is crazy right now, but we're really enjoying it.

      Delete

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