Monday, February 8, 2010

COURT

Well its been a challenge for this mama but I kept things low key until we officially became OWNERS just a couple of hours ago to a foreclosure home here in town! I really didn't think we were going to get it as foreclosures are quite the rigamarol...We spent all day in court, yes Alistair too, until finally our case came up. Alistair and I had to sit outside on cushy chairs for most of the day as Alistair decided to become a little vocal misterman! We got a few giggles and a couple cold stares so I figured we had better go hang out outside out of respect for those who were actively having their case reviewed. It would have been interesting though as it wasn't only foreclosures that were being dealt with there were also such things as adoptions and financial disputes. For our case there were two lawyers there as the former owner was trying to make a case but the judge didn't see it in his favor to our delight. He was trying to say the realtor didn't make enough of an effort to sell the property but they did have 63 viewings and 8 offers in aproximately 4 months. So that whole idea was kiboshed. The bank had their lawyer there too which supported our side of things. We also thought there were going to be other realtors and perspective buyers there to challenge our original offer but NO! Whoop whoop. Its quite the experience dealing with foreclosures as even though the bank accepts your offer you can loose it in court. This is due to the fact that competing offers can be brought to court and then you blindly put in a new offer and the highest offer gets it. Quite archaic really but I guess it works.
Our New Home!!

So ya we are so pleased that we didn't have to go any higher as now we have a nice cushion if something else surprises us as new owners of an older home. Anyhooo about the house! Its a 2500 sq ft home on three city lots around downtown PG over by Conaught Hill. Its in an older part of town but this particular area is starting to get fixed up and everytime we went for a drive by (every few days) people were outside shoveling their walks and carrying for their homes. In otherwords it didn't look like rentville...It looks like quite a well settled area. Anyhoo it also has a detached single car garage and a huge front yard with spruce, mountain ash, and birch trees. It needs quite a lot of work to make it pretty and updated but Jason had a good look from the attic to the basement foundation and found it overall to be quite a solid structure. So bonus for being married to a carpenter! So yeppers we are quite pleased to have done so well with our percedings especially considering we are both first time home buyers!! So now out comes the good ol' Bargain Finder, some trips to the Habitat for Humanity warehouse, and scanning of the flyers to see what kind of deals we may get for our new home. It'll be quite some time yet before we can actually move in but until then it'll be fun to fix up and make our own! Once again WHOOP WHOOP for us! Looking down the center of the house
The view out the front window...nice big front yard!
~ Hope you all had a great day cause we sure did! Cheerio Julie

6 comments:

  1. Congratulations!!!!!!! Alister has a new home!

    I am very happy for everyone.
    There will be a big void in Grandma's house ( been there when Sophie was with me alone for four months in 2004)
    My very best wishes . When do you move in? Is this a fixer-upper house? love and big hugs, auntie rosi

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  2. In my rush to get in my congrats on your blog I skipped over the end of your entry. Sooooooo please disregard all the questions I asked!!! AR

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  3. yay!!!! SO happy for you guys! Congratulations!!!

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  4. Congratulations on becoming home owners. Looks like a nice house! Now the work begins to upgrade to how you want it. Good talking to you last week, will get some recipes together for you. Hi Lis! All the best to all of you.............Anita

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  5. Yay! Congratulations! Love your home. Love the yard (seems we too have always bought "the yard", the house came with it. ha!) enjoy as you dream, fix, putter, grow and live in your space.

    Eloise and crew

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  6. Hey Juels
    Congrats on being official home owners! Won't you & your Mom have fun planning & planting that beautiful big yard.
    Cheers to y'all
    Maureen xo

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