we have a house!
Posted by Kristen on Mar 1, 2012 in Family Fun, Foreign Service, House and Home, Uncategorized, Virginia | 2 commentsWell, my lips have been relatively sealed.
To recap for those who have not had to keep up with the house hunting drama, here ya go….
We met our Realtor in early January while we were in the US, primarily just to meet her in person and to get some preliminary ideas of where we would be looking for a new home. We thought we had a price range in mind but over the following weeks we ran the numbers over and over and decided we just did not want to be maxing out our budget. We have worked so hard to save for a home and it felt silly to save but then put it all into the house and then feel like we were scraping by each month. We wanted to be in an area with great schools, family friendly neighborhood, etc but everything was at least $100k more than we could spend. So we actually offered on a house in an area with so-so schools and ended up withdrawing our offer. There were complications with the seller, i.e his house was on the market for months and he couldn’t decide if he really wanted to sell it. So we moved on. Only the market has not been so slow this year and there are been so few nice homes within our price range! We initially thought we would be buying closer to March or April but with the market being so painfully slow and with so few homes that were even a reasonable possibility our agent really encouraged us to go ahead and make a move sooner rather than later. We had hoped initially for Seth or myself to be able to get back, tour houses and then offer but with the market so limited houses are being snapped up within a couple of days making it impossible to make the trip before making a decision. So we worked backwards knowing we could get out at inspection.
A couple of weeks ago as we scoured the list again a foreclosure caught Seth’s eye. It was one I had put on the “discard list” in the system. His thought was that it was in a wonderful area with wonderful schools but needs a lot of work. We could get it for less because it was a foreclosure and used some of our savings to make it our own. The metro is expanding out our way so we also knew that the house was much more likely to appreciate.
So we offered quite confidently because the banks agent had been quite open about what the bank was looking for. BUT, although they had been slow on offers, an hour before ours another offer came in. And within the next 12 hours 2 more came in. So the next day we learned we were competing with 3 other offers. The bank sent out an addendum asking for our “Highest and Best” offer. It was all a bit tricky because we were in the mountains with intermittent internet. We put in our highest and best and got word the next day that they had chosen our offer to negotiate with. We were pretty stunned. When we learned there were 4 offers we were sure we had little chance. So then we began with their counter, our counter back, followed by another 3 days of waiting for their answer. On Wednesday we were starting to wonder if we should go back to their counter. Our realtor pursued up-ing our price but then decided to wait. On Wednesday night of last week our realtor called at midnight to tell us they had accepted our counter.
So, on Monday Seth flew back to the US for inspection and will be there for a couple of days meeting with various people to get estimates on work being done, setting up lawn care until we arrive in July, going to Jackson’s new school to get the big kindergarten packet, etc. The inspection was yesterday morning. There were no major red flags so we don’t have any major concerns. The house needs lots and lots of work but we are hoping to spruce it up and make it home. There is some quirkiness that we are trying to work out like…say our queen bed barely fitting in the make shift master bedroom…but my husband assures me that it will all work out. If my side of the bed is pressed against a wall with no exit except for to climb over him does that mean I am exempt from night time response duty?! Yep, I think so. Push that bed against the wall. I will take sweet sleep over a bedside table any day. No really, the space will be a complication but we are working with a contractor to figure out how the heck we can miraculously push out some walls. Because I am all about keeping it real here I will be honest and say that this process has been less than fun. For those of you that know me well our lifestyle of moving so much takes it’s toll on me. I have been dreaming of a home of our own for a long time. This house is a huge blessing and I feel very fortunate to have found it but at this point I haven’t felt a ton of warm fuzzies. Dealing with the stress of arranging for other people to look at homes for us and relying on a zillion other opinions to make what feels like a very personal decision has been humbling at best. So I see so much potential in this house but there is nothing that makes my heart giddy at this point….most likely more due to the fact that I have never even stepped foot in it. I look forward to being in it and making it our own. (Many people have mentioned their concern about us not having space for our furniture from this ginormous house, no worries. You should all know me well enough to know I have already made a plan for arranging and selling it. No good and useful furniture will go to waste in this move rest assured
We will be doing tons of improvements on the house so you can look forward to lots of “before and after” pictures. We are hoping to have most of the bigger stuff done before we move in. We will have a few weeks to work on it before our things arrive from Bern so we are going to try to take advantage of that wait time. We want to do lots ourselves but we are willing to have help on things we don’t have experience with!! Obviously we know nothing is for sure until the keys are in our hands. But at this point things are progressing and we are waiting for the April 6th closing. Stay tuned!
Oh yea, and it is in Herndon, Virginia so we will be close to lots of friends and family. And a Chickfila. And a Wegman’s with childcare. I will be joining Community Bible Study and MOPs with Owen. And Jackson will be embarking on his kindergarten adventure (I am so not ready for this one!!!!) And Seth will be starting a new job with Foreign Aide Department that he is really excited about. These things make me feel excited and anticipate this new chapter in the Kolb family adventures!
I’m excited for you and with you!!
WOW. Girlfriend, you need a break, just to process all this! Praying for you; that God would give you peace and a joyfullness about the house, and that it would end up being more than you could of ever imagined.
Heck, you are going to be near a Chickfila…that makes up for everything.