With
so many homes on the market, many buyers house hunt for months, even
years before hitting property pay-dirt. Even for the savvy buyers who
have narrowed their house hunt to an affordable price range, the
condition issues so common in distressed homes can make choosing a home
difficult.
Comments
Go with your gut. I think the "idea" of the property is as important as the reality. By the way I found it on Trulia.
Good luck on your search.
But you have to know what you are getting into when you look closely at things.
Now, Im holding out for the house that tells me that no other house will do. Thank you all for sharing...
He could tell from my tone that it was important and he came. Another couple was coming in an hour who had seen the house when it was on the market before and I knew we had to hurry. Before lunch time we had placed our offer. It came down to the two couples and the owner, who had been present and seen how much we wanted it, chose our offer over the other one. It was meant to be. That house accommodated our family while we raised teenagers, college kids and then moved my mom into her own apartment downstairs. It was perfect for that time of life. Although we have downsized now, we will never forget it.
As for my own experience, I always had an interest in interior decorating so for years would cut out pictures of things in homes that I liked and made a scap book of them..
When my husband and I had outgrown our first home and were looking, we almost purchased a home because I liked a neighborhood of new homes and there were only a few left. We watched as it was being built and got to pick out all kinds of options. We sold our first home and moved into an small appartment while the house was being finished for a couple months. Shortly before it was to close my husband got notice his job was being eliminated and he would need to find a new one within the company (Intel).
Strangely, I wasn't that disappointed in losing that house. We struggled with the relocating possibility but then a position was created to keep us where we were living in the area of Redmond, WA. Back to house hunting we went, The first time out, I found our house and knew instantly. It was a little over what we had been trying to spend so I knew I had some convincing to do with my husband. That turned out to be a pretty simple task as when we were able to show my husband, he fell in love with it as well.
After we moved in and got all settled, I pulled out my scap book of decorating pictures and there was a picture of our exact fireplace! As I skimmed through the book, there were other things that I already had in my new house. Just more proof we had found the one!
But, last week, a home in the same development, but with a larger floorplan and more upgrades listed on Trulia and I called my re agent right away, even taking a day off from work, just to go see it.
I knew the moment I stepped into the house that it was the one and I had a huge Kool Aid smile on my face the whole entire time I was walking through the house.
So, even though I did not get the original "one", I am still (crossing my fingers) getting the next "one" and for $50K less than the other house sold for.
I have to say that all the points that Tara listed are spot on and exactly the way I felt/ feel!
It's been a over a year now since we moved in, and we still know our home was made for us, it just took a while for us to purchase it.
Brenda
I have a request......please do an article on this topic.......asking price vs actual closing price. Shortsale,reo,foreclosure,bank owned....i would like some feedback from some of your reader as to actually what their house actually sold for.....thanks in advance......
The inside looked like time stood still in 1916. All of the woodwork was unpainted, all of the original Art deco light fixtures were still here, and the hardwood floors were gorgeous! As soon as I walked through the door, it just felt like "Home"!
It's funny because I had all those feelings numbered above! I went ahead & looked at the other properties on the list that day, but continually compared it to the first one. As of today, I have lived in my #1 house for 4.5 years. I love it every bit today as the first day I saw it...if not more! I am slowly restoring all of the woodwork with new shellac and have taken the ugly 80's bath that was there back to about 1920! That was the one room that needed a lot of help, but today, she looks much like she would have way back in her heyday!
I love my little Craftsman Bungalow & cannot imagine ever living anywhere else!
What is really great is that I have a "sister" house (my twin) just 2 doors down. It just sold last May to a really sweet woman who has become a very good friend. We love talking about all the quirks of our places. She said she felt the same way when she saw that place. It was just warm, cozy & HOME. This is the first home either of us have owned & we both love our little places! :0)
Then it happens. I fall in love with SOMETHING. It may be something small, but some architectural detail that sets my plan in motion and tells me this is "The One." In my home now, it was the interior brick barbeque in the kitchen. We gutted the entire house, removed the roof, and renovated everything else, but after cleaning the brick and installing a new Viking grill, the barbeque is still my favorite showpiece.
I think the best way to know that it's "The One" is the feeling of possessiveness. It might happen immediately for an impulsive buyer, or a bit longer for a more cautious buyer, but once you've found the right house, you don't want to lose it. I laughed about the description of the buyer looking at another prospect through the daggers in her eyes, because I remember very vividly how I wanted people to stop looking at "my house" while I waited for our offer to be accepted. LOL!
Shortly after the divorce I met a very dear friend who lived in a lovely neighborhood. From the time I started going to visit that area ONE darling little house always seemed to 'call' to me.
I had nearly given up on finding a home that was everything I wanted. I saw a house near my friend's house with a 'Reduced' sign on it and got curious. I didn't have the house number so I searched for by the road name.
The 'darling little house' was up for sale again, for the third time within about six months. It was like she was waiting for ME to notice here. I loved the wooded yard with the stream running across and along side it. The house seemed to 'welcome' me and to ask me what took me so long.
She's a tiny, little house but PERfect for me and the two dogs. I don't remember EVER feeling such a sense of peace and tranquility as I do EACH time I come home to her. I even named her!
After a year, my daughter and her family finally came to visit me. I had told my daughter that my NEW place was like a miniature version of where she had grown up except that it had a real house AND a bridge across the stream. When she visited she said 'You're right Mom... it IS like a miniature version of home'.
And another 'odd' thing about the little house? I had dreamed of designing and building a dollhouse with my grandchildren. I found a partially finished dollhouse and worked on finishing the inside the way I wanted it. I went online and found wallpaper that I liked and the wallpaper that I picked for the bedroom in my dollhouse is almost exactly the same as the wallpaper in the front bedroom of my REAL house! :)
Good luck to all who search!
My husband is convinced that the house is not going to sell for less that $275K and doesn't want to stretch our limits. So I feel hopeless about this house but keep thinking about it. I keep picturing us living in there!
bucket list, not just a list. This was from
homes I'd lived in the past. What I
didn't like and wouldn't have again. I'd
also thought I knew just what I wanted. I
found IT. But IT turned out to be not
what I thought I wanted. I just happened to be driving up a street I never drive on and saw it and thought what a neat little house and beautiful lot. It matched the
bucket list to a tee. IT wasn't one I
would have pictured myself even looking
at. I stopped and walked around it a peaked in the windows. I feel in love with what I could see and the outside. It didn't have fancy landscaping it wasn't fancy on the outside. It's a 50 year old house that's been emtpy for a year at least. But I fell for the place. I walked in the in the front door I felt I was home. It took me two weeks to get around and had a friend get me to find a realtor to show me the house.
My mother came with me to look at it, I
asked her, "can you see me living here?
" she smiled her beautiful smile and said
"yes, yes it's your perfect home". I'm supposed to close next week. My own home of my very own in my very own name.
Take an evaluation chart with you, when you view the house, for all the criteria/items/conditions you consider important to you; such as location, any view, crime rate, year built, current condition of the house and floor condition, distance to nearest park, play ground, golf course (for those top 1% in the country), shopping, school, hospital, your close friends/relatives and you office, facilities/utilities and what else come with the house, any visible defects, curb appearance, yard appearance, structure of the house, layout of the rooms, neighbors, noise level surrounding the house, lot size, current tax and last but not the least – PRICE. Grade them one by one as you view the house and make notes. Then, after you get home, tally up the points. The one with the highest point could be 'the one' for you. If after you cool off still believe your own evaluation is correct, then call your RE agent to write the offer, adding prices of appliances according to the conditions and subtracting prices of needed repairs. You will save tons of money and get your dream house rationally.
We actually got to retire much quicker than planned so we were excited to actually be ready to officially look and make an offer on "our house". Well, my heart sank when we drove by and someone new was living there! I was shocked how upset I was but that made me realize how much I really wanted to live in this area. Amazingly, we discovered an even nicer neighborhood across a green space and walked over to it. The view from this area was spectacular and the house on the corner was for sale! And, as luck would have it, there was an open house being held the next day. I had a feeling it was "the one" before I even walked in. With a gorgeous lake view out the front door and a lovely pool in the back, I almost didn't care about the house but it was just the right size and everything we wanted (once I got rid of the mauve kitchen). Been here a year and a half and we love it!
I was relocating from California to Texas for work. On one trip down, my wife joined me and went looking at 8-10 homes during the day while I was working and would pick the best from the day for us to look at that evening. Problem was, my wife fell in love with every house she looked at because it had some "thing" she liked about it so we ended up looking at all the homes again in the evening. When I saw them, I thought "these are not even close to what we need". After a couple of days of this, I knew their had to be a better way. So we sat down and talked about what features we needed and how important each feature was. I then used this to create a wieght score card in spreadsheet form. The next day she would score each house based upon the features and the ones that scored highest were the ones we would look at and we dropped the rest. This process narrowed down our search to where we quickly got to the top 3 contenders and that made our decision a lot easier. We did not have that smack you in the head kinda feeling as the top 3 homes all felt really good. We rescored each home after a couple of visits and one just edged out the others. We did find that the scorecard forced us to really evaluate the priorities we assigned to features as well as the scores we gave each home. However, in the end, the score helped us quantify our feelings and we new we were going after the right house.
Fastforward 7 years and a friend and I started an app develop company for smartphones and tablets. Our 1st app? Yep, we took that concept and expanded upon and developed an app called House Hunter for the iPhone and iPad. We now have a comprehensive tool that can help buyers make sure they are getting the right house for them. And no, ours is not a search tool, nor do we compete with Trulia. We still recommend customers use the appropriate search tools like Trulia and their agent to find the best homes. Our tool is just for tracking, evaluating and rating the homes they are viewing and considering for purchase.
Check out House Hunter in iTunes at:
http://bit.ly/jTyf2Z
Regards,
Jay - Cre8tive Apps, LLC
Dad stopped at a diner and we talked to the local tender about properties for sale in the area. I asked him about the log home a few miles back and he didn't think it was available.
I asked my realtor to check if it was on the market and his answer was no. I lost interest in looking for a new home and decided to focus on other issues in my life. One morning about 6 months later, my realtor called just to keep in touch and tell me about the latest listings. He told me he only knew of two new listings in the canyon. #1 was a log home, but the other is a......"Wait!" I exclaimed cutting him off, did you say a log home? Yes, he replied, but I really think your gonna like the big..... "a log home?" I interrupted again, yes he replied but... "That's it! It's mine. If your talking about the log home in the canyon with a pond and a creek alongside the roadway, it mine. It's it! We don't have to look any more!!!! I was so excited I couldn't hardly breathe!
I asked him everything about it and asked him to tell me again, because I HAD ONLY BUT DROVE PAST IT ONCE!
It took me three years to figure out how to buy that place. Conventional loans wouldn't work because it wasn't finished. I couldn't pay cash because I owed too much on my house, and I didn't have any relatives living beyond their means.
Finally, my Mother and Father refinanced their home, loaned me the money to purchase and finish the home and within a year we got the final. I was able to finance it and repay them! Unfortunately, they didn't put it right back into their home and a house that was nearly paid off now has an outstanding mortgage on it.
It was choices they made to help me get into what was clearly my dream home, and I will forever be grateful to them for all that they did for me!
I knew it was to be mine; I just had to wait for it and leave it into HIS hands. It was a miracle that all those others who tried to buy it during the three years it took me to get a plan together couldn't make it happen. Oh they tried. One of them came so close the owner gave him the floor plans, and when the deal didn't work, the plans never made it back to the house for me to finish the construction.
I took my boyfriend through the house after I saw it. I was so excited! I felt like my whole life was finally coming together! Then as we were driving away he asked me what I was planning to do with the place. I told him, "I'm gonna finish it!" He sat there and told me he wasn't planning on working on it and that he didn't think I was qualified to get the work done without him.
I sat there and realized I hadn't asked him or expected him to work on the place; it was something I wanted to do. I was crushed. How could he not see the potential?
His son was a loan officer so I asked his son to do the refinance on my folk’s house, we closed escrow and I broke up with his father. I learned how to do the electrical and plumbing. I installed tile and linoleum, fans and lights, sheet rock and mud. I learned how to clean and caulk and seal the logs.
Someone I once cared about told me what I couldn't do. Apparently he didn't know me very well, because this country girl is STILL in love with this log home and all it has to offer!
Dare to Dream! Without a dream you have no goal. Believe in yourself!
When we start out, we most often feel unsure about where, how much we should spend, and even how old the home should be.
. When we ask Him, He directs us to what will make us happy, in the long run and since He knows the future and we don't, we need that insight.
Two houses ago, I felt determined to have a new home, one less then 5 yrs old, and this is what we told the realtor and what he showed us. Nothing clicked. The morning of our next outing, I felt God saying that since I am good at "improving" things, the better investment would be an older home with potential and when the realtor called that morning and only slightly disappointed, I changed the parameters for our home search.
Consequently, just four years later, we sold that home for twice the price we paid for it.
Needless to say, this time God has led the way and because we are trusting Him, He has already amazed us and blessed us all over again. Try Him, it works!
My father owned a Minature Schnauser(?) when I was growing up. If we gave the dog a soup bone we might not see it for days. The dog couldn't let go of the bone. Sure, we could take it away, and he'd go back to normal. But, if we gave the bone back to him, he dissappeared - it was all he could think about. My father called this - in old "farmer" lingo - "worrying the bone".
So, if you can't stop thinking about the house, or you do stop and 2 hours later find yourself redcorating, painting, ect, you've found your new home.
"$20K or $30K BELOW MARKET VALUE" had nothing to do with touchy feely or where furniture would go.
It was all about the "DEAL"
Times change, so do clients BUY signals.
It's so awesome to see clients face light up when they find "IT." They're so ethusiastic to write the offer and close yesterday! It's a wonderful feeling!
I was so anxious if we would have a bidding war and went with listing price to get the house in "pending status" as to discourage other buyers from even seeing the property .haha so possessive? oh yes!
-Archana
We never felt that any of them were "it." Luckily, we're both very happy with our eventual decision to bid on our current home.
AJ Macias/Broker
Sharp Realty
FW Tx 76179
AJ Macias/Broker
Sharp Realty
FW Tx 76179