Reconsidering the Dream

That farmhouse? Let’s put it this way, it ain’t gonna happen for us.  After sitting down to contemplate the reality of the purchase, we felt like we might be biting off more than we can chew.  We can fully deal with the fact that it is a one-story and that the one acre has been neglected for at least years.  The harder pill to swallow was the complete, total renovation.  This would include knocking down walls to open up the kitchen, turning the converted garage mud room into a more efficient use of space, and trying to make sense of the choppy lay out and reclaim the dead space throughout the house.  The kitchen would have to be a total demo.  Oh, and that antique stove? One of the stove doors was broken off and the thing hasn’t worked in a decade.

We completely understand that this place has mass potential; that all of these issues can be fixed and the place can be a modern dream space.  Our concern was our financial and emotional budgets begin stretched so thin that we can’t enjoy life. 
In an ‘average offer at 4-days’ climate for home that go up for sale,  I’m beginning to understand why this home hasn’t been snatched up.  It’s possible than other folk have the same mentality as JR and his Okie girl. 

So, we jumped back into the seller’s market wild goose chase.  In about 24 hours, we tried to bite at 7 homes- 4 already had offers and/or were in escrow, one had an undisclosed/ unlicensed garage convert, one had a lease on solar panels (I am NOT touching that one), and one, well we put in an offer.  Yes,  on 4th of July weekend.  (Hopefully those fireworks will be our celebration.)  And oh, sight unseen.  Well, seen in pictures online, but no actual on-site visit.  Like I said, it’s a seller’s market and we’re the buyers.

Seller's market photo credit: http://realestate-ink.com/2016/01/24/buying-a-house-in-a-sellers-market/

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