Sunday, April 12, 2009

House Hunt Part II

So we were hoping for the house near the college pictured before, but it has completely fell through about 3 weeks ago. Here's the play by play, we bid on the house, won the bid, bid was wrong so we had to cancel it. Waited a week and a half to bid again, won the bid again, sent in contract, contract was sent back because we didn't initial something about mold on the property when there isn't any mold on the property and above where we were "supposed" to initial said "initial where applicable" so we didn't initial...STUPID HUD PEOPLE!, sent in another contract signed the stupid mold place (we were quite irritated by this point but it's all part of the process right??? no), then they tell us that there is lead base paint on the outside of the property. Not listed anywhere on the property details where they should be online...STUPID HUD PEOPLE! AND... a STUPID HUD CONTRACTOR bids $18,000.00, yes $18,000 to repaint and seal the exterior of a 750 sq ft home. So the moral of the story is: NEVER BID ON A HUD HOME! This may not sound so bad because that doesn't mean that we would have had to pay the rediculous amount of $18,000 to fix it, but we were getting the FHA financing because of the new $100 down if you give the full asking price. And since the $18,000 bid was more than 15% of the homes value we would have had to go for an uninsured loan. So we would have had to come up with a significant down and fix the paint within 10 days of closing. Therefore, we are back where we started. Renting a unit below Mellow Yellow sleeping on an air mattress, no other furniture in the apartment, and using a laundromat. We have to have all of our stuff in a storage unit because we cant fit it down the little hallway and we don't want to be here for very long. I could hack it if I didn't have a baby to haul to the laudromat and a baby to get my clothes dirty within hours of putting it on. Life was much easier living here without a baby, but I would much rather have Rodney than living here easily so it is worth it. Anyway, that is my long and frustrating last couple of months, hope it made sense to you in all my rambling...

1 comment:

Gary and Amy said...

Those stinkin' HUD people. At least you get to live in a place that is called Mellow Yellow, right? It would make me giggle everytime I would think about it. Who knows what the future will hold from here...I am sure a better house in the future! And, thanks for the posts!!