Home Update #2

I've occasionally written about our current living situation. Here's a quick recap:

In Sept 2012, my husband and I sold our home that we dubbed "The T-ton Tear Down" / "TTD." We bought this house in 2010 and in one weekend had a group of our friends and family help us tear out all the flooring and kitchen out so that we started with a blank canvas for our renovation. Perhaps not the best plan of attack, but hey - it was a learning process!

That month we put an offer on New Home #1, which was a foreclosure and vacant so we rented it from the bank during the purchasing process. We ended up moving out after 3 months and abandoning our offer due to a few things coming to light about the house that weren't caught during the inspection. Like a failing septic system.

We moved out and moved into a temporary rental through our friend and are now in the process of our offer on a house that we have very high hopes for. Just like our last house, it has good bones but is in need of some major repairs. We like to capitalize on these kinds of houses because the typical homebuyer shies away from them. New paint, flooring, kitchens, etc don't scare us. My husband and I have learned that there are many aspects of renovations that are completely doable, given the right skill set. Like understanding basic construction, being comfortable with power tools, being friendly with your local hardware store, and able to watch YouTube videos. Not kidding on that one. Oh, and maintain a Pinterest account ;) Of course, even we have our limitations - we had our TTD kitchen's electrical work professionally installed and the granite counter tops were installed by a fabricator as well. But that's pretty much the extent of it.

Last Thursday we had the inspection on the prospective home. Luckily, there wasn't anything we learned that we hadn't known. It's going to need a new roof, likely new siding (which we will wait to do next summer). It needs new flooring and paint inside - immediately. The current family (parents, 4 teens, 2 dogs and I can detect the presence of rodents or ferrets in the past) has lived in this house hard. Although it's been made tidy for our walk throughs and the inspection, it very clearly hasn't had a deep cleaning in years. Mold and mildew on all the windows, clogged drains, nasty growths in caulking around the toilets and sinks. Nothing we can't handle.

It's been fun walking through this house and dreaming up what we'd do to it to not only fix current issues but to make it better. We've been given a tentative closing date of August 4th, which if course can change quickly, but we're hopeful. We'd love to move in before the end of the summer to take advantage of the good weather and tidy up the outside of the house before the rain sets in.

All of the potential in this house has got us so excited. The ability to test our chops on another renovation, a great sized shop in the backyard (that doesn't overshadow the space at all), being in a family friendly neighborhood with 2 parks within a couple blocks and a large park with a lake, shelters and skate park within a mile walking distance away, and a shorter commute to work for Adam.

So send up a little prayer for us, cross your fingers and toes, and keep an eye for more updates. Also, you can follow my I Have a PhD in Renovating Pinterest board to see some of the inspiration we've got in store for this new house!