Wednesday, April 22, 2009

Still searching

for the right home. Boy this house hunting thing can be grueling. We've traveled north, south, and east and still nothing is quite right. I must say that at least we found one contender today. Just need to figure out how much it will take to add air conditioning, remodel the existing kitchen and bathroom and some other relatively minor work. It's on a great street in Beverly. We LOVE the neighborhood. We're waiting to hear back were the owners are on price and offers before we move forward.

It's exciting and scary at the same time. We all it's a great time to buy, low mortgage rates, lots of incentives. But it's also tough to tell how much is too much anymore. How much will any neighborhood hold it's value? We're feeling very confident in the Beverly area. Prices are still somewhat reasonable and there's a good chance the properties will hold their value or even improve in 5-7 years. Cautiously optimistic - is the phrase you keep hearing over and over again.

The one thing that is hard to believe is how different and unique every single home is. Some have great room space and some are so chopped up it makes up wonder what the heck were they thinking. We're looking for something on a larger lot, which is why we're most likely to end up in Beverly. I know we can't live in the standard 25x125 Chicago lot. Too close to the neighbors!

So the hunt continues....there is still a corner lot (my personal favorite) out there we haven't been able to see yet. Maybe that's the one. Stay tuned .

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