Quick House Update

We have decided not to spend any more time, energy, or money on this particular house. It's kind of amazing that it is so difficult for people to buy a house that they can very clearly afford. Nobody seems to be arguing that we can't afford it or even that the house isn't worth buying. Quite to the contrary: they want us to borrow more than we need to, pay extra middle men to consult and inspect while we do repairs paid for out of loans rather than from our own funds, or hire a shady appraiser to see something different from what is there.

We are cutting our losses and washing our hands of the property if you don't mind a mixed metaphor. We are a little weary of the process, so we're not sure when we'll have the energy to look again, but when we do, I'll be sure to post the play-by-play here if we find something worth bidding on.

I was really getting excited about moving to Richmond, so we are also considering renting there instead of here. Still, finding a place to rent also takes time and energy, both expected to be in short supply soon.

Here's hoping that the changes that 2009 is sure to bring are generally of a positive type!

1 comment:

Camille said...

Oh man, Catalin, I'm so sorry you had to go through this exhausting and dispiriting process. It sounds like you guys are definitely making the right decision, though. Hopefully you will have learned some valuable info that can help you avoid headaches in the future. 2009 is going to be a better year--it's Obama Year! Keep the faith.
Camille