zigdon: (Default)
Neighborhood: Southwest Berkeley   School District: BERKELEY UNIFIED

Beds: 2 Type: SFR Sq. Ft.: 1,097 Lot Size: 4,000 Sq. Ft.
Baths: 1/0 Built: 1920 $/Sq.Ft.: $382 List Date: 08/05/09

So it seems that if you make enough offers on enough houses, you might end up owning one!  I'm not at that point yet, but I made an offer, and it has been accepted!

Now, need to figure out the loan, and do piles of paperwork and legwork, but this is progress!

Here are the pictures snagged from zip before the listing disappears.


Jul. 2nd, 2009 02:17 pm
zigdon: (Default)
Remember that house?  Yeah, no.  Got a call yesterday from my agent saying he doesn't know the details, but they accepted another offer.  I'd like to think they accepted a cash offer, because that would mean nothing I could have done would have made a difference.  But if it turns out they just accepted a better one, I'd be pissed - I was ready to make a better offer, and was talked down by the agent, saying the house wouldn't appraise for more.

He's probably right, and it was certainly my decision to accept his advice, but bah.

Guess I should just start looking at rentals until something better comes up.
zigdon: (Default)
Just signed the documents to make an offer on another place - West Oakland, really beautiful house.  Downside - not the best neighborhood, but I think it should be fine.

(click for the rest of the listing pictures)

Keep your fingers crossed - if all goes well, I'll have to figure out what to do with *8* bedrooms ;)

Too slow!

Apr. 8th, 2009 05:28 pm
zigdon: (Default)
Remember that hobbit house?  Well, I finally decided to make an offer on it -- but I took too long to do it.  They apparently accepted an offer on Monday.  Oh well, I'll consider it a dry run for the house I'll actually get.  One thing I learned - making an offer is as simple as telling my agent "get it".

Good to know.
zigdon: (Default)
Went today to look at another house.  It's a tiny little thing in Fremont, but I actually really liked it.  It's cute, it has a really neat yard (not that THAT'LL keep), close to BART, close to the bridge I can ride my bike to work.  Not going to get a chance to do anything about it until after the climbing trip, but I suspect it will still be there. 

That's the listing picture - the ONLY listing picture.  I should go back with my camera to take more, of the indoors and yard.  But I really don't see anything wrong with it, I think the foreclosure people were just being lazy.

Of course, need to get it inspected, especially the roof.  But I'm cautiously optimistic. 

And if it turns out ok, it would be really neat - my monthly payment should be about the same as my current rent, leaving the extra I've been saving for taxes, improvements, etc.
zigdon: (Default)
Well, I kinda do.  Bugs me that I'm flushing rent money down the toilet.  Bugs me that my apt has wall-to-wall carpeting, but it's really too much of a bother to move to a new apt (assuming I'll just have to move again in a year or two).  Bugs me that I live about an hour south of my social life.

So the goal:  Get a house.  It must be within riding distance from work, (and not too close, ideally) - so let's say in the 10-20 mile range.  Has to not have a HOA - I do not play well with others.  Has to have hardwood floors.  Has to be in a reasonable area (crime-wise).  Has to be affordable.

Would be nice if it was on BART.  Would be nice if it was two stories (I suspect the cats would love that).  Would be nice to have a connected garage. 

Looking at the prices in the area, seems my best bet would be to look somewhere around Fremont - I can ride across the Dumbarton bridge, easily get to BART, and houses there are not as insanely priced as houses on the peninsula.

But, I just talked to my bank - seems I have two options.  FHA loans go up to $362k, and require at least 3% down;  I can do that, but that wouldn't buy much around here.  Conventional loans go up to $417k, but require 10% down;  I'm pretty sure I can found houses in that price range, but I can't quite afford the down payment yet.  Over $417k is considered a 'Jumbo loan', and we won't talk about those.

Seems the laws might change, that will raise both of those numbers, meaning I could get an FHA loan, afford the down payment, and be able to get a reasonable place.

Bottom line, I have to wait;  Save more, wait for house prices to drop more, and/or wait for the laws to change.

But hey, I will be getting the paperwork that I'll need to fill out, and I found out some information - so that's progress, right?

February 2015

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