Sunday, May 15, 2011

How Quickly Things Change...

We've been going back and forth a little bit about whether we risk jinxing it by posting about our newest development just yet... but we think that this is an important part of the process and that's what this blog is supposed to be all about, so we decided to share:

On Friday we put an offer in on a house and we found out yesterday that our offer was accepted!  We signed the paperwork this morning, and scheduled an inspection for Wednesday so if all goes as planned we are on our way to home ownership!

Our real estate agent emailed us the listing on Friday morning and we got out to see it right away because she was sure this house was perfect for us and that it would not be on the market for long.  She was right that it was perfect, so we put in an offer right away.  We knew there would be other offers so we decided to offer the full asking price for the house.  Yesterday afternoon we found out that our offer had been accepted.  It turns out that the couple who was selling the house had lived there for 60 years and they were excited to sell it to a young couple looking for a home rather than investors offering high prices and cash so that they could turn around and sell the house for a better price.  Lucky for us!

The house is a beautiful 1910 craftsman bungalow.  It needs quite a bit of cosmetic updating but the structure seems to have been very well maintained.  It is in a lovely neighborhood called Arbor Lodge in North Portland and is within walking distance of public transportation, parks and shopping.  In addition to many beautiful features, the house is surrounded by a huge garden maintained by the owners for their entire time living there. 

Here are some more pics of the beautiful and the ugly... including lots and lots of wallpaper and carpeting:

So the next step is to get through the inspection on Wednesday.  If nothing is majorly wrong with the house we should close in the middle of June and have a new house just like that!   Wish us luck on the inspection, we'll keep you posted!

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