Loren and I are officially homeowners! After six-and-a-half weeks of negotiating with a seven-hour inspection, two basement contractors’ estimates, a couple engineers out at the house, five addenda to our initial purchase contract, and an eventual agreement on price, we had the owner’s signature a week ago last Monday—and at that point heard for the first time that two additional heirs would need to also sign the papers. That was supposed to happen that Monday evening, then Tuesday…then eventually Friday, less than a week before we were tentatively scheduled to close. We had locked our mortgage rate in—at a great 3.875%--till April 1, and rates had risen so we were looking at a deadline. Everything has worked out very well, though. I am very thankful for everyone who was so very supportive through these past several weeks, asking about the house, and caring about us. Thank you!
Our home is about a block-and-a-half south of Burns Park and Burns Park elementary school—an incredible, historic, and close-knit neighborhood. We’re also a mile to the University of Michigan central campus so I’ll be able to walk to work each day. Our 1921 house is full of character, much charm, and lovely details. You can see where coal was stored in the basement during the Depression years, evidence of three eras of phone systems, and an ancient-looking cistern hidden under our back porch and that is no longer used. Our home has a renovated kitchen, a full bath on both the first and second floors, and one of its four bedrooms on the first floor (i.e. our office/study space)--all of which are tough things to find at our price point in Burns Park. Unfortunately, knob and tube wiring is still being used, the basement is full of radon and asbestos, windows may need to be replaced, the plaster in the walls has cracks, it has a steam heat system with no vents already in place to easily put in lacking AC, and the foundation walls are bowing. We’ve carefully priced out and researched each of these and are looking forward to initiating many much-needed updates, and making this house our own. We have a busy year or two ahead, but we can work hard and be creative! We would love visitors—especially those who are painters, movers, and landscapers. (We pay well with both hugs and beer.)
Our home is about a block-and-a-half south of Burns Park and Burns Park elementary school—an incredible, historic, and close-knit neighborhood. We’re also a mile to the University of Michigan central campus so I’ll be able to walk to work each day. Our 1921 house is full of character, much charm, and lovely details. You can see where coal was stored in the basement during the Depression years, evidence of three eras of phone systems, and an ancient-looking cistern hidden under our back porch and that is no longer used. Our home has a renovated kitchen, a full bath on both the first and second floors, and one of its four bedrooms on the first floor (i.e. our office/study space)--all of which are tough things to find at our price point in Burns Park. Unfortunately, knob and tube wiring is still being used, the basement is full of radon and asbestos, windows may need to be replaced, the plaster in the walls has cracks, it has a steam heat system with no vents already in place to easily put in lacking AC, and the foundation walls are bowing. We’ve carefully priced out and researched each of these and are looking forward to initiating many much-needed updates, and making this house our own. We have a busy year or two ahead, but we can work hard and be creative! We would love visitors—especially those who are painters, movers, and landscapers. (We pay well with both hugs and beer.)

Congratulations Katie! As the owner of an early 1900's house myself, I can relate to many of your upcoming challenges. However, an old house has great stories, as you've already discovered, and you'll get become part of the new stories. I look forward to hearing more about your adventures!
ReplyDeleteHow very exciting!!!! I hope the renovations go off without a hitch. If we lived closer I'm sure I could get Tony to help out--he loves doing home repairs, remodeling, painting, etc. Good luck in the next few months and welcome to the home owners club :) xoxo Laura
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