06-02-2009, 09:01 AM
Well, I just closed escrow yesterday Blhurr. We haven't moved in yet. 
We'll probably hold on to it for at least 2 years. Beyond that depends on where we want to settle for good.
Two things spurred the renovation. First, I had saved up $40K for a down payment, but FHA only requires 3.5% down. Second, the condo we chose after looking through at least 20 others in the area ended up appraising 20K lower than the price we negotiated. We weren't even sure the owners would want to sell after hearing that, so we ended up looking at 10 more condos while waiting for them to decide.
Like i said, i was planning on dropping at least $20K for wall demolition and a kitchen expansion.
Yeah, no doubt. It's a small space, but still. It's not a question of the price for the work. It's just more along the lines of Snowreaps reasoning that's keeping me from pulling the trigger.
We'll probably hold on to it for at least 2 years. Beyond that depends on where we want to settle for good.
Two things spurred the renovation. First, I had saved up $40K for a down payment, but FHA only requires 3.5% down. Second, the condo we chose after looking through at least 20 others in the area ended up appraising 20K lower than the price we negotiated. We weren't even sure the owners would want to sell after hearing that, so we ended up looking at 10 more condos while waiting for them to decide.
Like i said, i was planning on dropping at least $20K for wall demolition and a kitchen expansion.
Quote:9k sounds extremely cheap for a kitchen renovation.
Yeah, no doubt. It's a small space, but still. It's not a question of the price for the work. It's just more along the lines of Snowreaps reasoning that's keeping me from pulling the trigger.
Moristans: err
What the f*** Skelas - I know this is NSFW, but I coudn't watch this at work...
-Orsun
What the f*** Skelas - I know this is NSFW, but I coudn't watch this at work...
-Orsun