In Escrow..

Just got the word.  We had an offer accept on a bank owned property in the area we have been wanting.  I am confident based on rental prices in the area and our spreadsheet calculations, that we are in fact buying at buy=rent here in Sacramento.  We can afford this home easily on one income and it has a lovely sized yard that I can sink my hands into.  I've had to wait out this stupid real estate bubble so long...now it's finally here.  Kiss my a## landlords!!

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May 21 2008 - US

Replies (13)

Profile picture for MarciR

LOL - finally!  Congrats Callista.  I was just about to post on another thread to you that there were over 400 notice of trustee filings last week, so don't give up yet, but I guess I'm too late. 

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May 21 2008

Congratulations.  Have fun!

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May 21 2008
Profile picture for silent_observer

congratulations callista. if you waited for 6 more months you would have got 2 for that price LOL. they are going to say own 1 rent 1 offers from builders!

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May 21 2008
Profile picture for mpal.

Congrats!!!  Really happy for you!!

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May 21 2008

Thanks all..looks like I'll be hitching up my trailer and moving over to the home renovation side of Zillow's postings.  It has laminate in the kitchen...BOOOoooo...and will need sprinklers installed, should be lots of fun.  Oh but the poor trees!  Some dope had no idea how to clip them.  I have a liquidambar that has been clipped so bad it looks like a q-tip.

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May 21 2008

WOO-HOO   

 

The turn around is coming when someone can buy a home for buy=rent, there is hope.

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May 21 2008
Profile picture for chromal

Very awesome. Getting fed up with the rental scene in the frontranges west of Denver is what finally galvanized me to look at buying a foreclosure fixup. Even with MIP, Hazard, and property taxes, it wound up only totalling $100 more than renting, tho there's some fix-up (new roof!) it's still a deal IMO. If it looks like it makes financial sense, this seems like a move to make!

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May 21 2008

WTG Calli! I absolutely love my new house, too. It's so nice to be able to do things and not ask a landlord....

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May 21 2008
Profile picture for Webster3

Congrats Callista! Post a pic after it's finalized.

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May 21 2008

I didn't know you had bought Debts..that's great.  Where was I when that happened?   You got it Webster I'll post a backyard picture when it's all said and done (the site of my new garden..sigh).  I'll also post a picture of that poor liquidambar so you can see what I mean.

 

Hey Aratinga!!!! Where are you?  Looks like I'm gonna win the who buys a house first bet! LOL.

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May 21 2008

Business must be picking up for you too Marci.  My impression was that your area had corrected just as fast.

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May 21 2008
Profile picture for mina36

Congrats!!! I hope you enjoy your new home verra, verra much.

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May 22 2008
Profile picture for luckyme8890

Congrats.  Good things come to those who wait!

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May 22 2008
 
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