Friday, October 05, 2007

Now You Know

This is what has been keeping me from my knitting and essentially you guys:

For the past couple of weeks I've been trying to buy a house.

As you can see from the pictures it is a little shack that needs some love. It's in foreclosure and has been on the market for more that 9 months. The asking prices is $27,900. We're offering $24,000.

It's in a nice neighborhood, right downtown in a city close by to my new job (my commute is 1.5 hours a day now instead of 30, living there would give me a 15-20 minute commute total per day). It's right across the street from the hospital which has a helipad for emergencies:

I know a lot of people are scared of buying homes now a days (there's this whole credit crunch and mortgage meltdown in the United States which is a whole bunch of jargon for people are becoming homeless at a very alarming rate).

As everyone else is scared to loose their homes, people like me looking for a home can profit. Homes are way undervalue, that means I can save! And one things for sure once the market bottoms out, it can go no where but up! That is why I'm buying a house now, instead of later, when the prices are really high and I'll have some 30 year mortgage that will never get paid.

Anyway, in knitting news, the little time I've had to just relax and knit I got to finish this:

Socks for Auntie Dee. The plan is to send up a DVD of SurvivorMan (my boyfriend loves the show and Auntie Dee sure loves the outdoors). And seeing that it should start getting cold up north in Canada, I finished these puppies in the nick of time.

I'm working on some other things but frankly, I'm too lazy to pull out my camera and take a picture. So till next week, Happy Knitting!


Adrienne said...

How exciting! I hope they accept your offer!! Your socks look great!

Virtuous said...

LOL @ little shack that needs some love! Gurl I am so glad you said it 1st b/c I was thinking....OMG! Haha! :oD

But you are right! This IS prime location and so many advantages for you that you CAN'T but help to go for it!! It is yours!! Can't wait to see you workin' on it soon!! :oD

Dang nabbit! I need to try those socks very soon! Not like I don't have the sock yarn for it!! :op

Have a great weekend! Can't wait to see the rest of your knits!

Sarah HB said...

Good luck buying the house!

It is scary but so worth it. Especially when your "rent" turns into equity.

Valerie said...

Very exciting! A smart idea too. Good luck!

del said...

What a great idea. Buying a house is one of the best things you can do & right now is a great time for buyers. Good luck!

Anonymous said...

That is a cute little house! How much will the repairs add up to? Once you do the math, you'll see if it's worth. More than likely it is since this is a buyer's market. Good luck!

Linda said...

Hope you get the best house for your needs; love your daring...and the socks.

Deborah said...

good luck with the new house! don't forget about the pesky housework that come with it!

Anonymous said...

girl buy yo' house. right attitude. right attitude you got there.