Wednesday, June 27, 2012

The First Bid

Around the corner from Kim's work was a side split-level home across the street from a nice sized park. It was in a good area of town, walking distance (10-15 minutes) from the local hipster district, and only $30,000.



We put in a bid.

Fortunately (as it turns out), we were outbid. It was going auction-style, so certain criteria had to be met, and the highest bid is usually the criteria. The house was bank-owned (former foreclosure) and needed a ton of work. But what a bargain!

We came very close to bidding on another bank-owned property, but managed to find our "dream home" in the meantime.

What was important about this house was that it made us think, it made us check boxes, and it really woke us up to the fact that, despite our inclinations to avoid further debt (see: the title of this blog), we were ready to buy a house.

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