In a nutshell: Yes, we bought a house!
Is it the house we were orginally going to put a bid on? No.
Here's the story:
After we lost the house in Verona (the one where another buyer bid over the asking price), we began looking again, this time in Bloomfield. I found a gorgeous (or so I thought) Victorian on the Weichert web site. Again, pictures lie. You think I would have learned my lesson by now, but nooo!
Inside, the house needed mucho work. The kitchen was a mess and the backyard, which was described as "big and wonderful," was actually neither and sloped off clifflike into an abyss. Also, smallish rooms, choppy layout. Not for us.
Then we looked at 2 houses on the same street in Bloomfield. Neither one was really to our liking. Rooms were smallish, one had practically no kitchen cabinets, and the houses were very close together.
As we had gone running that morning, we were tired and planned to go home to take a nap. That's when our Realtor called. She found a great 3 BR Cape Cod in Roseland in a wonderful neighborhood in our price range. Sounded too good to be true but we were off.
She was right: The house WAS adorable. The neighborhood, grand. I have a soft spot in my heart for Roseland, having grown up there. We even met the owners, a 60-ish couple who were retiring and who had lived in the house for 35 years. The piece de resistance was their gorgeous Lab mix, Willie, who was the size of small pony but gentle as ever.
I recognized the value in this house. It was very well cared for, just need minor cosmetic work. The yard was cool; after all, Willie liked it and he was bigger than any dog we would ever get. I was ready to put in an offer the next night.
But something didn't sit right with Tom. He was bothered by the fact that this house had only one bathroom--and it was on the first floor. "You know how many times I get up at night to use the bathroom!" he said. Not to worry, those of you who are reading this. He doesn't have cancer or diabetes (he was checked for both). It's just the way he is. He gets very thirsty at night and drinks a lot of water. I know this is TMI for many folks but I wanted to put everyone's mind at rest.
So, we'll put in a second bath, I replied weakly, hearing the sound of an imaginary cash register going "Ka-ching!" inside my head. More money to spend. But, we'd be buying a house in Roseland. And the taxes were HALF of what Verona's and the surrounding towns are.
And then God intervened. We were coming back from a race on Sunday and we were driving through West Orange. I hadn't thought to look for a house in West Orange. Not that I have anything against it, it just hadn't occurred to me. I always mistakenly assumed West Orange was full of split-level Levittown horrors and Mc Mansions. I was wrong.
We saw lots of For Sale signs in West Orange and Tom suggested we go home, shower up and hit some of them. I noted a couple of the addresses and went home to check them out on the Net. Son of a gun, there was one on a dead end street, no less, in our price range: a 4 BR, 2 full bath Cape, with a nice yard with a deck, nice-looking photos of the rooms (I know, I know). Off we went.
Well, Tom fell in love before I did. I just couldn't wrap my brain around living in West Orange, forgive me. But the more I walked around, the more I warmed up to it. The rooms were very spacious and there were 4 of them! Two full baths, one up, one down. Fugly 1950s tiles but in good condition. Kitchen was in good shape, with plenty of knotty pine cabinets and a deck leading out to a great yard with a dog run(nicer than the yard in Roseland). Spacious living room, dining room with built-in, catty-cornered China cabinets (my fave thing about the whole house!)
In fact, there were LOTS of built-ins throughout. Someone, somewhere must have been a carpenter. Basement is partially finished and dry as a bone. And a workshop for Tom!
To make this very long story short, we put in a bid $15,000 less than the asking price and we got it! The owner is already in her new home and is desperate to sell.
I just got word that the attorney review has been completed and I scheduled the inspection for Wednesday. I pray they don't find any surprises!
We close in November...yikes. But it's a kinda good "Yikes!"
Friday, September 28, 2007
Monday, September 17, 2007
Will You Be My Lawfully Wedded House?
Do you take this Cape Cod to be your lawfully wedded house, in (financial) sickness and in health?
Well, it's nitty-gritty time here at Martta's World. Tonight I am putting an offer on the house in Verona that we both like. I understand that there are 2 other offers pending. My offer is for about $10,000 less because if it comes to negotiation, I want the seller to pay for a French drain in the basement.
We looked at another comparable home in Verona but it needed more work, especially the kitchen. Plus, it was listed as a 3BR but the third BR was actually the basement that was converted into a BR! Not fair guys, especially since you also list a basement. You can't have it both ways, it's either a basement or a bedroom. So, we were put off by that.
We wanted to see another cute Cape Cod in Caldwell that was supposed to have an open house on Sunday. We got there and the sign said "Open House Cancelled." Bummer! Just as we were walking away, the owner drove up. We explained why we were there and he said, "My wife wanted to fix a few things up before we open the house. Call the Realtor if you want to see it during the week."
Now this tells me one of two things.
1. His wife wants to hide the bodies.
2. They are not truly motivated to sell.
If they were truly motivated (especially in this market!), he would have invited us in to look around. This tells us that there's something else going on there. My Realtor agreed. So, we're not going to bother going back. It's also a mite higher than we wanted to spend.
I will keep you posted about our offer. Send pixie dust, please!
Well, it's nitty-gritty time here at Martta's World. Tonight I am putting an offer on the house in Verona that we both like. I understand that there are 2 other offers pending. My offer is for about $10,000 less because if it comes to negotiation, I want the seller to pay for a French drain in the basement.
We looked at another comparable home in Verona but it needed more work, especially the kitchen. Plus, it was listed as a 3BR but the third BR was actually the basement that was converted into a BR! Not fair guys, especially since you also list a basement. You can't have it both ways, it's either a basement or a bedroom. So, we were put off by that.
We wanted to see another cute Cape Cod in Caldwell that was supposed to have an open house on Sunday. We got there and the sign said "Open House Cancelled." Bummer! Just as we were walking away, the owner drove up. We explained why we were there and he said, "My wife wanted to fix a few things up before we open the house. Call the Realtor if you want to see it during the week."
Now this tells me one of two things.
1. His wife wants to hide the bodies.
2. They are not truly motivated to sell.
If they were truly motivated (especially in this market!), he would have invited us in to look around. This tells us that there's something else going on there. My Realtor agreed. So, we're not going to bother going back. It's also a mite higher than we wanted to spend.
I will keep you posted about our offer. Send pixie dust, please!
Wednesday, September 12, 2007
I Think I'm in Love!
With a house, you sillies. Don't get all excited! :-)
Anyhoo, we looked at 3 more houses tonight after work. One in Verona, one in West Caldwell that I've had my eye on for awhile, and one in Caldwell.
First stop: Verona. This is where I fell in love. Adorable cottage-style Cape Cod on quaint street. The listing said 2BR but the second BR is actually a tandem bedroom which means it's a bedroom with an attached space. Perfect for a couple with no kids (us) and perfect for a computer/trophy room.
The house is in terrific condition, everything from the kitchen (recently remodeled), the roof (10 years old), the exterior (freshly painted). Nice yard, flat and deep, perfect for a dawg. Fireplace, clean unfinished basement, screened-in porch in the back, nice details like wall molding, two-car garage. All in all, move in ready. The only thing we'd do is rip up the fugly old wall-to-wall carpeting (we both hate wall-to-wall, especially other people's!) There are hardwood floors underneath.
Really, the nicest one we've seen so far. So nice that I am thinking of making an offer. The price is right: $399,000 but my Realtor says that because it's new to the market, I have very little wiggle room as far as negotiation. Especially since it's in such good condition. I have 2 more to look (they're not on till this weekend). Tom is on the same page as me about this one.
Second stop: Caldwell, a 3BR colonial priced at $375,000. The. worse. one. I've. seen. yet. Not only a handyman's special, but dirty and chock full of crap piled EVERYWHERE. Granted, the people are getting ready to move but my Gawd! I had to walk sideways through some rooms because there was so much junk. Moldy ceiling in the bathroom, Toilet looked as if it hadn't been cleaned since the year 1. Kitchen as old as my grandma. I didn't even want to see the basement. Next!
Third stop: West Caldwell. The things that attracted me to this house were the unusual architecture. The house is set back from the street and has one of those low-maintenance yards with lots of flowers, very little actual lawn, which we like.
Plus the driveway is bookended by two gorgeous stone walls. We both like stone.
The other thing I like is that the front of the house sports a huge balcony that stretches from one end to the other. Perfect for entertaining.
The inside, however, was disappointing. Lowish ceilings and a very cramped feeling. This is due, in part, to the fact that the family living there has humongous furnishings which dwarf the rooms. Also, the layout of the house doesn't flow well. Most of the land is in the front of the year, therefore there is no real backyward for a dawg.
This house is priced at $449,000, higher than my budget but I figured that because it's been on the market since May, there'd be some wiggle room. But, it's a moot point anyway since it's not for us.
So, the Realtor is previewing another Cape for me tomorrow in Caldwell. It's priced at $429,000 but the neighborhood is sweet. She'll let me know how it compares to the one I love.
Then there's another one in Verona that doesn't open till Sunday, a small, brick, 3BR ranch priced at $399,000. Looks cute from the outside but you can never tell.
I feel this much closer to buying a home now. Will keep ya'all posted!
Anyhoo, we looked at 3 more houses tonight after work. One in Verona, one in West Caldwell that I've had my eye on for awhile, and one in Caldwell.
First stop: Verona. This is where I fell in love. Adorable cottage-style Cape Cod on quaint street. The listing said 2BR but the second BR is actually a tandem bedroom which means it's a bedroom with an attached space. Perfect for a couple with no kids (us) and perfect for a computer/trophy room.
The house is in terrific condition, everything from the kitchen (recently remodeled), the roof (10 years old), the exterior (freshly painted). Nice yard, flat and deep, perfect for a dawg. Fireplace, clean unfinished basement, screened-in porch in the back, nice details like wall molding, two-car garage. All in all, move in ready. The only thing we'd do is rip up the fugly old wall-to-wall carpeting (we both hate wall-to-wall, especially other people's!) There are hardwood floors underneath.
Really, the nicest one we've seen so far. So nice that I am thinking of making an offer. The price is right: $399,000 but my Realtor says that because it's new to the market, I have very little wiggle room as far as negotiation. Especially since it's in such good condition. I have 2 more to look (they're not on till this weekend). Tom is on the same page as me about this one.
Second stop: Caldwell, a 3BR colonial priced at $375,000. The. worse. one. I've. seen. yet. Not only a handyman's special, but dirty and chock full of crap piled EVERYWHERE. Granted, the people are getting ready to move but my Gawd! I had to walk sideways through some rooms because there was so much junk. Moldy ceiling in the bathroom, Toilet looked as if it hadn't been cleaned since the year 1. Kitchen as old as my grandma. I didn't even want to see the basement. Next!
Third stop: West Caldwell. The things that attracted me to this house were the unusual architecture. The house is set back from the street and has one of those low-maintenance yards with lots of flowers, very little actual lawn, which we like.
Plus the driveway is bookended by two gorgeous stone walls. We both like stone.
The other thing I like is that the front of the house sports a huge balcony that stretches from one end to the other. Perfect for entertaining.
The inside, however, was disappointing. Lowish ceilings and a very cramped feeling. This is due, in part, to the fact that the family living there has humongous furnishings which dwarf the rooms. Also, the layout of the house doesn't flow well. Most of the land is in the front of the year, therefore there is no real backyward for a dawg.
This house is priced at $449,000, higher than my budget but I figured that because it's been on the market since May, there'd be some wiggle room. But, it's a moot point anyway since it's not for us.
So, the Realtor is previewing another Cape for me tomorrow in Caldwell. It's priced at $429,000 but the neighborhood is sweet. She'll let me know how it compares to the one I love.
Then there's another one in Verona that doesn't open till Sunday, a small, brick, 3BR ranch priced at $399,000. Looks cute from the outside but you can never tell.
I feel this much closer to buying a home now. Will keep ya'all posted!
Sunday, September 09, 2007
Realty Reality Check
Yes, the Happy House Hunting has begun and I've learned a few things this weekend:
1. Pictures lie.
2. Listing Realtors often lie.
3. Anything under $400,000 in suburban Essex County is either a fixer-upper or very small.
My Realtor (who is also a running pal of mine) warned me about this, telling me that I wasn't going to find something really nice for under $400,000, at least not right now. Things may change in a few months as prices continue to stabilize or drop. I thought she was exaggerating. How bad can they be?, I mused.
Pretty bad. House #1 we looked at was in Little Falls (LF), part of Passaic County where taxes are a mite lower. I am still familiarizing myself with LF so I had to do a Mapquest search to see where this particular house was located. Turns out it was near both Route 46 and the Passaic River. NOT a good omen.
From the outside, the house looked OK: well cared for, nice front porch (we both LOVE porches). The street didn't really knock our socks off (it was down the street from some sort of gated foundry, ugh). But we were there, let's start the tour.
The listing said that the house needed a new kitchen. What it failed to mention was that the house need "A" kitchen. That's right: this house had NO kitchen but a room with a stove and a separate tiny room with a sink. A few cabinets were scattered about but to call this a kitchen would be a stretch. Plus, it was carpeted. Yucky-poo. Why the F would you carpet a kitchen?
The rest of the house was rather ramshackle, in need of mucho work. There were indications that some the ceilings had leaked at one time.
The unfinished basement had to be designed by midgets. I am 5'2" and my head almost grazed the ceiling. There was no way to raise it; it would have to be used strictly for storage. Not for us.
House #2 was in Verona and also needed mucho work, every room. How can someone who owns a home let it go to seed like that? I could never understand it. It's your friggin' investment for crying out loud!
I guess if someone was very handy and had a lot of time and money to kill, they could make this a somewhat decent place to live. Still, I see a price reduction in its future.
House #3, also in Verona, was adorable but very small (2BR). Perfect, however, for a single gal or guy who doesn't want to do the condo route. Nice quiet street. But those taxes? Ouch! Over $5,000 on 2BR house? You gotta be shittin' me!
House #4, in Verona as well. The Realtor gushed on and one about this one, saying that we MUST see it, it's in a better neighborhood, blah-blah-blah, only needs cosmetic work. The minute we saw it from the outside, we know it we weren't going to like it. It was part of a (yuck) development, Verona's answer to Long Island's Levittown. Very boxy, no porch, not even a portico. Boring, boxy layout inside, horrible ceilings (looks like structural damage), disgusting wall-to-wall carpet buckling in places. Very depressing.
So, there you have it. Week one of house hunting. What I've learned from all this is that I will have to go up in price a bit. The bottom line is that I am either going to spend the money on fixing up a handyman's special or on buying a house that's a mite pricier but has less things to fix up. I vote for the second option. We don't mind doing some cosmetic work but when it comes to structural stuff, no way. Plus there's always room for negotiation, especially in this market.
Next weekend: the Caldwells.
1. Pictures lie.
2. Listing Realtors often lie.
3. Anything under $400,000 in suburban Essex County is either a fixer-upper or very small.
My Realtor (who is also a running pal of mine) warned me about this, telling me that I wasn't going to find something really nice for under $400,000, at least not right now. Things may change in a few months as prices continue to stabilize or drop. I thought she was exaggerating. How bad can they be?, I mused.
Pretty bad. House #1 we looked at was in Little Falls (LF), part of Passaic County where taxes are a mite lower. I am still familiarizing myself with LF so I had to do a Mapquest search to see where this particular house was located. Turns out it was near both Route 46 and the Passaic River. NOT a good omen.
From the outside, the house looked OK: well cared for, nice front porch (we both LOVE porches). The street didn't really knock our socks off (it was down the street from some sort of gated foundry, ugh). But we were there, let's start the tour.
The listing said that the house needed a new kitchen. What it failed to mention was that the house need "A" kitchen. That's right: this house had NO kitchen but a room with a stove and a separate tiny room with a sink. A few cabinets were scattered about but to call this a kitchen would be a stretch. Plus, it was carpeted. Yucky-poo. Why the F would you carpet a kitchen?
The rest of the house was rather ramshackle, in need of mucho work. There were indications that some the ceilings had leaked at one time.
The unfinished basement had to be designed by midgets. I am 5'2" and my head almost grazed the ceiling. There was no way to raise it; it would have to be used strictly for storage. Not for us.
House #2 was in Verona and also needed mucho work, every room. How can someone who owns a home let it go to seed like that? I could never understand it. It's your friggin' investment for crying out loud!
I guess if someone was very handy and had a lot of time and money to kill, they could make this a somewhat decent place to live. Still, I see a price reduction in its future.
House #3, also in Verona, was adorable but very small (2BR). Perfect, however, for a single gal or guy who doesn't want to do the condo route. Nice quiet street. But those taxes? Ouch! Over $5,000 on 2BR house? You gotta be shittin' me!
House #4, in Verona as well. The Realtor gushed on and one about this one, saying that we MUST see it, it's in a better neighborhood, blah-blah-blah, only needs cosmetic work. The minute we saw it from the outside, we know it we weren't going to like it. It was part of a (yuck) development, Verona's answer to Long Island's Levittown. Very boxy, no porch, not even a portico. Boring, boxy layout inside, horrible ceilings (looks like structural damage), disgusting wall-to-wall carpet buckling in places. Very depressing.
So, there you have it. Week one of house hunting. What I've learned from all this is that I will have to go up in price a bit. The bottom line is that I am either going to spend the money on fixing up a handyman's special or on buying a house that's a mite pricier but has less things to fix up. I vote for the second option. We don't mind doing some cosmetic work but when it comes to structural stuff, no way. Plus there's always room for negotiation, especially in this market.
Next weekend: the Caldwells.
Wednesday, September 05, 2007
What If Labs Went on Strike?
The headline story in The New York Times might read like this:
Dog parks across the New York metro area, normally bustling, were nearly empty today as a group of New York City Labbies began a two-day strike.
Dog parks across the New York metro area, normally bustling, were nearly empty today as a group of New York City Labbies began a two-day strike.
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