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Whatever rings Mel's bells

Posts Tagged ‘house buying’

Housing: the latest

Found a new house!

It’s smaller than I want, but it has a huge workshop area in the basement. I’m going to section off part of that and finish it as a studio, leaving plenty of space for my lathe and casting equipment and bench grinder and all the rest! You know, the ones I don’t have yet because such things don’t fit so well in an apartment.

We went back and forth with the seller over price, but the guy really can’t move as he’s underwater. So we finally settled on a price and all the paperwork is signed and I have a house now… except for the financing.

See, he’s underwater on the house. And my down payment won’t cover the difference. So now it’s up to the bank. Hopefully the appraisal will come in high enough that I can get the loan. If not, I’m not sure what else I can do.

I may be out of moves on this one.

If it comes through, you’ll be subjected – I mean treated – to many photos. So stay tuned!