
Hi everybody! Welcome to our home renovation blog. We'll try to post daily with lots of pictures as we make progress on the house.
Here's how we got to where we are now (5206 Riggs, Mission KS. 66202)
Rachel and I started looking for a house to purchase fairly seriously after the start of the new year. We had gone to several open houses in the fall, but mostly just to look at different styles of houses. We met our wonderful realtor Rick Philhour at one of these open houses. Rachel and I were by this time in agreement that we wanted an older house that we could fix up, with lots of character and room in the back yard for a garden and a dog. Our first saturday of looking with Rick, we actually looked at our house. We thought it was cute and had lots of potential, but also that it was over-priced. We really weren't willing to make an offer on the first day.
So a month or so passed and we looked at many other houses, even making a lowball offer on a 2 story home near the Brookside neighborhood in Kansas City, MO. It was at the top of our budget and needed alot of work so I'm glad that our offer was not accepted. About this time we noticed a disturbing trend, the market was getting HOT! Some houses that we wanted to see were sold before we had a chance to even look at them. (cue the organ music to indicate fore-shadowing).
I was perusing Rick's website one morning when I noticed something, the house on Riggs was now at the top of the list of homes we were interested in. Since this list was sorted in ascending order by price (low to high) this was quite a development. I called Rick to ask if the new price could be right. It was! Rachel and I made plans with Rick to view the house on that Sunday, but on Saturday Rick calls us to tell us another offer has been received on the house! I think our exact reaction was: NOOOOOOOOOOO! After a few moments of panic, we came up with a plan; meet Rick at the house right away and submit our own offer before the other offer expired. We did and nervously awaited a response. I was sure the sellers would counter back to us. Somewhere in all this mess we learned the reason for the huge price drop, the house was originally listed for sale with a vacant back lot. The sellers had split this into two properties. That's ok, we thought, it still has very large yard.
The next morning I was making some pancakes when Rick called. He told me right away that our offer was accepted! He wanted to play a little trick on Rachel and I agreed. With a straight face I handed her the phone and said that Rick wanted to talk to her. That was fun. : )
What now? The home inspection and mounds of paperwork being faxed back and forth and signed. We were purchasing the house from the heirs of the previous owner. There were something like 14 signatures required from each of them, one of whom we were told was in jail! (note to self: change locks first thing) We were a little worried about the appraisal since we were purchasing with an FHA loan, fortunately the government had just changed the rules regarding what conditions are acceptable for FHA loans to make them accessible to many more people. Beauracracy in action! It was valued above what we purchased it for, so more good news!
Now we wait. That was the hardest part I think. The closing was scheduled for February 20th and we were ready way before then. The day finally came though and Rachel and I sat down at the table. That's when Rachel (wisely) decided to look at the survey. WARNING: Drama ahead.
Apparently the fence at the back of the yard does not mark the new property line. Our property ends about 30 feet short of that. Grrr... Looking at a piece of paper is not the same as seeing the real thing, so we left the closing with Rick to go and take a look at the property one more time. About 1/3 of what we thought was our back yard would no longer be ours. What to do? We really want this house! If we walk away from it, we have to start over and leave alot of money behind (appraisal, home inspection, and stake survey). We decide to go ahead with it and return to the office to sign about 50 documents, finalizing the closing. We were disappointed to find about the yard, but we still feel like we made the right decision.
That night we went out for a celebratory dinner at Granite City (the last for awhile I expect) and perused the appliances at the Mart (Nebraska Furniture Mart for the uninitiated). We both have Tuesday off and we meet Rick in the morning to get our keys!