Buying a forclosed home is a blessing and a curse.
My boyfriend and I just purchased our first home, it is a forclosed home. It's been about a month now and we are still trying to get it ready to move in. We are finally almost there. We've taken out the few kitchen cabinets there were, fixed the ceiling in the bathroom and added ventilation, and just installed new vinyl flooring.
The blesssing is that they are more affordable, but it feels like it's only window dressing. There is so much hidden work inside. When we had the inspection done after our offer had been accepted, it came back with 22 pages (with pictures) of things that needed fixing. A few of these were the main electrical wire to the house needed replacing because the covering was wearing away and water was leaking into the circuit breaker box. We also had to get a new circuit breaker box and new circuit breakers. And the chimneys needed cleaning. The one for the fireplace has so much build up that it needs to be acid washed, not just swept.
Of course it's not all bad. With all the fixing we have to do, when we are done, the house should feel more like ours. We will have added our touch to it, all at the biginning rather than a little at a time. I'm already dreaming of my new kitchen, my first kitchen. I'm like a little kid inside, and the house is my big candy.
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