We have a commitment letter from the bank! All that is stopping us from slam-dunking this purchase is the contractor bid and the appraised value. The bank will not finance for more than what the completed appraised value of the home would be. The land value alone is about $20k more than what we offered, so hypothetically we should be okay. Plus, our loan agent mentioned that our list of loan contingencies is the smallest he's ever seen, so I think we're almost out of the woods.
Speaking of woods- are you ready to see what a $94,400 house looks like? That's right, 1/5 of an acre, just north of Seattle, in a quiet neighborhood, for less than $100k.
There it is, the Casa Crustante. (I'm not keen on the word "crusty" but I like the word "Rodante," so I put them together.)
And I know you're not supposed to get emotional about house buying, but there's something really comforting about it this little house. It reminds me of the house I grew up in, in some weird way. And although I think it's ugly, it's kind of charmingly ugly. Homely. Very homely.
Plus, it even has the same floor- check out the asbestos tiles:
Let's not forget the lavish kitchen:
Don't worry- you can't catch tetanus from pictures alone.
If you're wondering what we are tentatively planning on doing, here's the list of goodies we're using to flesh out our contractor bid, in blog form: http://www.casacrustante.blogspot.com