Thursday, May 16, 2013

Not My First Rodeo

RMLS Listing Photo

I found the house because I was driving by to look for a rental, this one was down the street and for sale. It's not anyone's dream home, it's a major fixer-upper. I still own the duplex I bought and fixed up in Portland in my 20's and I can see this one working out the same way - work on it while I live there and end up with a nice rental when it no longer works for me. This one is probably in worse shape but I'm more experienced. 

The whole inspection and bidding process has been pretty funny, because people are really cautious with their words and concerned that maybe I think this is my beautiful dream home and they need to tell me it is a decrepit shack. I think it can be a nice home, but it will be a lot of work to get there. On the other hand it's not an expensive house and I love the location. It has a nice yard as well.

My Realtor, Amy Thompson, has done a kick-ass job of getting the price down to a reasonable level for the condition and dealing with the extra difficulties of buying a home owned by Fannie Mae. She probably worked harder than she would have to help me buy more expensive house. Needless to say, if you need a Realtor in Eugene, I highly recommend her. 

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