House Hunting

I'm going to try to keep a blog about my house hunting experience, even though Glenn and I have been looking for over a month already. Melissa suggested I do this, so here goes.

Yesterday, we went back to a SFR in Irvine that is listed at $449k to get Glenn's dad's opinion about the work involved to make the property nice. Basically, this house would need a new everything. At that price we wouldn't have much cash left over for the work we would need done before we could even live in the house. Glenn's dad thought it would be too much for us, and we agreed. It might be the only shot at a SFR in Irvine, but the market is still weak, so we'll see.

We made an offer last week on a 4br 2.5ba condo in Laguna Hills. They countered, we counter-countered, and another bid came in. The other bidders have $300k for a down payment, so most likely the sellers will choose them over us, since we can only put 10% down.

After looking at well over 50 properties in the past month and a half, Glenn wanted to take a break this weekend. We'll be going out again a week from Sunday to look at more properties and hopefully find something else on which to make an offer. Now, I need to start packing since my lease is ending on May 30. I have seven or nine boxes packed so far with many left to go.