And it's back on the table

so to speak....

Several weeks ago, when we decided we didn't want the house, Scott called the sellers and said we wanted to cancel the contract due to a bad appraisal. Then the sellers knocked off another 5K to help with the cost of the roof repairs. We haggled back and forth with ourselves and our conscious and finally decided (somewhat reluctantly) to buy the house. After talking with the bank and running the numbers, we decided it was do-able to get both a mortgage and a small home improvement loan which will be consolidated when we finish the repairs. We're going to borrow for the major repairs and then kind of gradually do the "fixer-upper" thing and get everything just like we want it. We signed all of the paperwork today and have our bids in for the repairs. The title work is all done and really all we're waiting on is the appraisal.

Timeline:
- Close by the end of the month
- Start construction the first week of February
- Move the split-second the work is done
- Have a baby sometime around March 6th

Major repairs to be done by the contractors: Leveling and some foundation work, new roof, new underpinning (since there is none to begin with), new HVAC duct work.


Minor repairs to be done by us: Laminate wood flooring, paint, replace a few fixtures, and a good cleaning

Oh, you just wait for the before and after pictures!!!!

Yes, I'm crazy, but I think all of these pregnancy hormones are making me optimistic to the point of becoming some sort of over-achieving super hero. My current game plan is to still stream-line our little house and pack away everything that is not essential to our daily lives. We could probably move some of our stuff over to make room instead of storing it as long as we get our part done in the house. I'll set up for the baby when we get mid-February-ish and only keep out what a newborn will need, everything else gets stored or moved. I figure he'll be tiny and won't take up too much room until he's about 1 month old or so.

On second thought, I see no reason why we can't be working on our part while the contractor is working- he's outside, we're inside. Heck, I don't see why we can't live there while the contractor is working (besides the leveling) as long as we get the inside done. This just might work! Now, if I can only get Scott up to warp speed with me..... Wish me luck!