We're in escrow... again... another little house down the street...

The second house we are bidding on accepted our offer... two houses down from the one the frau and I will be moving into come April/May...

It has renters in it still, which is fine with me because the grandkids father won't be moving out here from Virginia until the end of Summer...

It will be nice for the grandkids to have their father and their mother on the same block... and the parents get along fine, as does the father's girlfriend, so it should go well.

Now to get my inspectors over there this month to tell me what I will need to fix.

I don't know why the other houses we are bidding on want all cash at lower prices than what we are offering, but hey, I figure if the universe wanted me to have that one, I'd have it...

Only $65K... how could we NOT buy it... it sold in 2005 for 1/4 mil... fenced in yards... clean inside with only a couple of cabinets to install to make it a place that I'd like to live in... I'm sure Mike will enjoy life there, when he finally gets his tail out here.

 

We have had almost a half dozen of the houses we made offers above asking price go to someone with a cash offer for less than what we bid...

It isn't our credit score that makes it slip through our grasp though, it's someone with a few more coins in their hands...

We have credit to purchase almost anywhere in Cali with the exception of a few exclusive communities... we just want to buy here because, well... it's here... and everything around us is less than $100K a piece now, which wasn't true 20 years ago.

 

Not "wait" for "the one", Bra... find the one and get it.

 

We're looking at 4.3% note 30 fixed...

The cheapest of the mortgages we have...

 

The renters in the house now, are paying over 300% of what our note will be... and they want to sign a lease with me for the same...

 

We have offers on two other places, but we have also let three houses go after 30 days of no communication...

 

Final papers will be signed tonight in our home at 7pm...

They marked the house down to $54,000...

Our note on the house will be less than $220 p/m... with property taxes and insurance, less than $400...

Unfrikenbelievable...

Less than the note on the Prius I bought in 08...

Current renters want to stay, and want to pay what they are paying now... $1200 (they've been looking for another place and can't find one for under $1500 for their needs)... the kid won't be out here until later, so I'm thinking we'll let them... after they give me proof of insurance (because of their dogs) I will sign em for a 6 month lease... and tell them they will have to be out by or before Halloween.

It took since last Thanksgiving before this short sale closed... well, it hasn't closed yet... that is at 7pm tonight.

Now we're looking at another one across the street... my son and I will have our work cut out for us.

It pays to have good credit and a bit of cash, and be willing to do some labor yourself... I'm running out of relatives to put in em though... :horn::whoo::bounce:

 

They probably did do that Bra...

 

Just installed a roof-mount central heat & air unit for the renters down the street, they are VERY happy... it is hot this week and they now have a cool house in every room...

When I had the contractor remove the window mount air conditioner, the folks living there were thinking



Now they are smiling big time sipping tea...

They were wondering when I was going to raise the rent... I said I ain't going to.

Maricela is making me some of her home-made chili colorado tonight... all from scratch... and all I have to do, is warm up some tortillas...

 

Ha... if I took seriously all the grief tossed at me from naredowells and malcontents, I'd be spending the coins on therapy Bra...

I figure a couple of more years as an auditor here in Cali, and I can sit down and rest... working this day job and then going home to repair the houses we own, takes a bit out of a body these days... I was glad to be able to hire someone to do the install for this little house.