Wednesday, December 19, 2007

House Hunting

Trent and I have entered the world of potential home owners. And it is a confusing, stressful, but exciting world!

104 Thomas Lane, Carrboro NC!

This past Sunday we made a very lowball offer on this home! It was built in the 1950's, so it definitely has some "fixing-up" to do, but it is in a great part of town, and by a city park so we feel confident that we could fix it up and sell it for more than we bought it. Hopefully! Regardless, the fixing challenges are all cosmetic. Trent and a paid engineer both scoured the place from roof to crawl space, checking out each brick and board. The house is structurally sound, it just needs some love. Like refinishing the nice hardwood floors, perhaps installing new cabinets in the bathroom and kitchen, and lots and lots of landscaping. But these are all issues we have tackled before, and I think it will be a fun adventure. We also want to capitalize on the "eco-friendly" atmosphere of Carrboro and go with all the best recycle, reclaimed, energy efficient items we can get. Hence, the low offer. We are planning on investing a pretty penny into the fixing up, hopefully our hard work will be rewarded.

So we made an offer, and now are just waiting to hear the inevitable counter offer, and then the games begin. We have a great real estate agent who has been answering all our naive questions, and we know more about APR's and PMI's than I ever imagined.

Wish us luck!

Pretty master bedroom with nice floors and windows.

Trent checks out the bathroom tile.

The kitchen is straight out of 1950's, including an extra fridge probably from that year. I am thinking it is almost vintage cool though!

The side of the house, going to the backyard. We have big plans for a driveway, fencing for a dog, and a shed/carport for all of Trent's tools and such. We'll be busy!