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Major stress!!! ****BIGGGGG UPDATE*******

Original post by Jen2999

So fh and I looked at the cutest little house the other day and we love it. Its only 13 years old and definitely on the small side, but it has a full unfinished basement that we would totlly renovate. The price is right for us and it has a cute little backyard for the pup. I dont think we will find ANYTHING nearly as new or nice for our SUPER low price range in the area we want. Its sachem school district and less than ten mintues from both our parents' houses

Im SOOOO stressed ad nervous about all of this. I SO SO want a house and we have so many ideas as to how to make it our own and fix it up. Its move-in-able now, and we could change things as time goes on.

The thing is, I could see having a baby there, but once it were a few years old, I think we would be cramped and needto move.

Do people stay in their first house? I just hate change I guess so Im freaked out at the thought of having to do this all over again in 5-7 years.

EEEEK!

Advice? I am going back and forth between being so exicted and being sick to my stomach over money.

We are going to bring my dad tomorrow and then we may put in an offer.

Also.. those of you that put in offers.. how much lower did you put in an offer for?


******UPDATE**************

Ok.. so we decided to put in an offer 16k below the asking price... and they countered right away with 10k below the asking price (they already lowered it 10k after putting it on the market)

I think we are going to accept it!!!! My dad said that he can redo the basement with no problem for us and that it is small, but there is potential and its bigger than any apartment that we would get. Plus, fred is a big deciding factor as well.

I know that it may be small on others' standards, but it feels right for us right now, and I think that we are making a good decision.

Im completely FREAKING out, but it will work out.

I will post pictures once we have more definate answers.


megsm3 Posted:

Re: Major stress!!!

i would say to buy it, in order to avoid being a renter for those 5-7 years - a lot of people uy a started home and even stay there bc they are able to make it their own!!
Good Luck
Meaghan729 Posted:

Re: Major stress!!!

how long has it been on the market?

like someone else said before, I would give a low offer (maybe 10% under asking) if they really need to sell, they may counter with someting a little higher-

If you can afford it, buying is better than renting. if you have to sell in 5-7 years, you will have all that equity built up.

FH and I said if we have to live off ramen noodles for the first year we buy our house, so be it. we definitely want a house!
Blu-ize Posted:

Re: Major stress!!!

Jen, are both of you living together now? I say this because once you move in together and see how much space you really do need you may think a two bed one bath house is not enough room.

Just being the voice of reason here. If you already live together say in a one bed on bath apartment think about how much space you have now and how much more you really want.

2bed/one bath is very small. Also the market for that house down the road will not be as desirable as homes that have 3 bedrooms.
Jen2999 Posted:

Re: Major stress!!! ****BIGGGGG UPDATE*******

UPDATED at top!

MrsR72806 Posted:

Re: Major stress!!! ****BIGGGGG UPDATE*******

ohhhh, I'll keep my fingers crossed for you!!!

Good Luck!!!
bridy06 Posted:

Re: Major stress!!! ****BIGGGGG UPDATE*******

bride2b24 Posted:

Re: Major stress!!! ****BIGGGGG UPDATE*******

i would def go for it!!!! if you feel cramped a few years down the line with a baby you can always start looking and when youre ready again youre ready....you wont loos on the investment so you should go for it!

jes81276 Posted:

Re: Major stress!!! ****BIGGGGG UPDATE*******

[******UPDATE**************

Ok.. so we decided to put in an offer 16k below the asking price... and they countered right away with 10k below the asking price (they already lowered it 10k after putting it on the market)

I think we are going to accept it!!!! My dad said that he can redo the basement with no problem for us and that it is small, but there is potential and its bigger than any apartment that we would get. Plus, fred is a big deciding factor as well.

I know that it may be small on others' standards, but it feels right for us right now, and I think that we are making a good decision.

Im completely FREAKING out, but it will work out.

I will post pictures once we have more definate answers.




How exciting! I think that if it feels right, then it is right! Good luck!!!!!!
beautyq115 Posted:

Re: Major stress!!! ****BIGGGGG UPDATE*******

Jen if you and Rob feel that this is right for you than go for it! Its an invtestment...Good Luck
stephanief Posted:

Re: Major stress!!! ****BIGGGGG UPDATE*******


Posted by Blu-ize

Jen, are both of you living together now? I say this because once you move in together and see how much space you really do need you may think a two bed one bath house is not enough room.

Just being the voice of reason here. If you already live together say in a one bed on bath apartment think about how much space you have now and how much more you really want.

2bed/one bath is very small. Also the market for that house down the road will not be as desirable as homes that have 3 bedrooms.



I agree, I think that is too small but good luck with whatever you decide
Happybride2005 Posted:

Re: Major stress!!! ****BIGGGGG UPDATE*******

good luck

Jen2999 Posted:

Re: Major stress!!! ****BIGGGGG UPDATE*******


Posted by stephanief


Posted by Blu-ize

Jen, are both of you living together now? I say this because once you move in together and see how much space you really do need you may think a two bed one bath house is not enough room.

Just being the voice of reason here. If you already live together say in a one bed on bath apartment think about how much space you have now and how much more you really want.

2bed/one bath is very small. Also the market for that house down the road will not be as desirable as homes that have 3 bedrooms.



I agree, I think that is too small but good luck with whatever you decide



Well we definitely cant afford a three bedroom house in the area we want, so this is our option.
CC59 Posted:

Re: Major stress!!! ****BIGGGGG UPDATE*******

That's awesome! Sounds like you guys are getting a GREAt deal! I'd go for it! I know I would if there were more affordable 2 bedroom houses in Nassau!!!!! Good Luck!!!!
ewickens Posted:

Re: Major stress!!! ****BIGGGGG UPDATE*******

Congrats Jen! Hope it all works out for the two of you!!!! Can't wait to see photos!

autumn Posted:

Re: Major stress!!! ****BIGGGGG UPDATE*******

Jen is the house you were looking at in holbrook? I would love to see the picture. FH and I were looking at houses in holbrook.

cjb88 Posted:

Re: Major stress!!! ****BIGGGGG UPDATE*******

congrats!!! how exciting!!
ML110 Posted:

Re: Major stress!!! ****BIGGGGG UPDATE*******

congrats! how exciting!! i wouldn't worry about it being ' too small' by others standards.... our house is only 2 bedrooms, 1 bath and its PERFECT for us right now! like you said, waaay better than renting an apartment thats the same size... you'll have way more options when you're ready for more room in a few years. pretty much nobody starts out in their 'dream house', you have to work up to it- and it sounds like you have a great one to start with!
good luck, and keep us updated!!!
sarahthegreat Posted:

Re: Major stress!!! ****BIGGGGG UPDATE*******

best of luck to you and congrats on taking the first step.
Jen2999 Posted:

Re: Major stress!!! ****BIGGGGG UPDATE*******


Posted by autumn

Jen is the house you were looking at in holbrook? I would love to see the picture. FH and I were looking at houses in holbrook.



No its not in holbrook but we wanted to see one there. another couple's bid was accepted before we had a chance to look at it.
Soon2BeMrs2006 Posted:

Re: Major stress!!! ****BIGGGGG UPDATE*******

I say if you really love the house and the school district is good and plan on staying there at least 5 years then go for it. If you feel there is def. room for expanding etc. then thats a plus as well. I know how frustrating it is, we've been looking for a few weeks now and have looked at about 25 houses. Out of the 25, 3 of them are on our possiblity list, but of course we still want to look around a little more.

My advice is if you really feel its the one and the price is right go for it!!!

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