Over the past week, I've been lucky enough to spend three whole days checking out some prime real estate in and surrounding Carlisle. Unfortunately, I think we've seen more bad properties then good ones, but I've quickly become familiar with the screwy layout of the downtown (while discovering how directionally challenged I
really am!). Here are some interesting (and scary, and humorous, and...unbelievable) things that I've learned so far in this process.
1. Whoever said 'Rome wasn't built in a day' was
not kidding. If you are so lucky as to find the perfect house for you the first time out then the planets must have aligned for you. We haven't been so lucky, to say the least, so I would say that Rome will be taking a good month or two (and plenty of long day trips) to finish before move in day.
2. For an English major, dealing with all of these financial terms, policies, and math makes your life a living Hell. BUT...I'm glad that I'm learning all of this information about PMI and MILS. I'm proud that I can fill out mortgage pre-approval applications, figure out down payment percentages and monthly mortgage payments all by myself. Just don't ask me to do it again for awhile, my head may burst.
3. Besides your eyes, your nose is the most important of the six senses you own when buying a house. Yes, your eyes can pick out cracks in walls and be subjected to down right ugly decore, but the scents and smells that your nose pick up can tell another thousand words beyond what you've just seen. It can detect the presence of a water problem, let you know that someone really needs to take out the trash, or help you figure out what kind of pets the owner has. Believe me, and no offense to dog lovers, but you're the easiest to spot in the bunch. It has happened that after a long day of searching I can't remember what the inside of a house looked like but I could recall the smell, especially if it hit me like a brick wall.
4. Don't trust everything you read in a blurb about the property on an online website.
Story time: Someone read a very promising blurb about a property online, talking about it's 'great updated kitchen' and 'hardwood floor in the master bedroom'. Hmm...sounds nice. Too bad when we got there the kitchen still had the original appliances from the 1980's and the 'hardwood floor' was nothing but cheap laminent. So lesson learned, unless you can see interior photos the property probably isn't worth your time.
5. Always always always always....
read the disclosure forms. Yes, this may seem like a given, but I don't think that people always do it. I, on the other hand enjoy reading them, for the simple fact that what people write is absolutely HILARIOUS. A question concerning the areas of a house not being heated made me fall off my chair in laughter. The owner's answer:
the second floor. Really now? The floor that houses all the bedrooms ISN'T heated?! Or how about the person who had their roof replaced during their ownership. They didn't know if the existing roofing materials were removed. Don't you pay for that?! How can you not know!? So buyers, just remember to keep those disclosure forms and read them. It doesn't take long and could be entertaining, and well duh, informational. Plus if anything goes wrong after you sign the papers and they don't disclose it, it comes back on them!
So while yes, house hunting can be a frustrating process, it has its perks and entertaining moments that seem to liven up the process a bit. And sometimes, yes sometimes you'll even see a property or two that strikes your fancy. Then it's off into the unknown process of making an offer on a house. Until we get to that bridge and cross it I can't offer too much on that end of things, but I'm sure there will be plenty more life and real estate lessons to come in the near future.