Friday, May 21, 2010

Buying our first house.

Another intro of sorts, here is the long saga of buying our house. It's probably pretty boring to you, but I love it:

So why were Brian and I 'in the market'? Well, we'd been living together for several years in a tiny apartment in Ann Arbor. I'd been working, he's been trying to finish school and working part time. We lived in 650 square feet. That's not much. We made it work, and it helped that we loved our place and the neighborhood, but it was sooo hard to manage all our stuff in that small space. Since I'm an artist and 'maker' of things I have a lot of crap.

While living there we got engaged and I started really thinking about a home of our own. Then I lost my job. Then I got a new job... that paid more! I found myself doing tons of research on the house buying process and looking at homes online. We were very blessed to have a nice down payment because Brian's parents started an account for just such a thing when he was a baby. So for giggles we talked to a mortgage broker... and before we knew it we were out shopping!

We only saw 6 houses in person (but about 1000 online). Our home was the very first one. It's not within the A2 city limits, but that would have doubled our price, which obviously we couldn't do. We liked it so much we actually put in offer in that night! After some haggling the sellers accepted! The inspection was par for the course, we had a few fix requests, etc. Then the appraisal came... dun dun duuuuuun!

It came back low. REALLY low. We were worried because if the seller didn't come down we weren't going to be able to get the house! They deliberated for freaking ever about 4 days. Luckily they decided to move forward, so we saved about 20K and set our date to close!

We did a walk through right before closing to make sure they made all the fixes and the place hadn't been gutted. All was good except they forgot about the piece of loose siding near the roof, but promised to fix it in the next few weeks, that was super minor so we didn't worry about it.

And after getting completely lost on the way to the closing office we signed everything and went home with the keys! We'd done it! This is our house on the day of the inspection:

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