Well ... My mom and I have been pretty obsessively looking at real estate for a number of months now. It’s part of my morning routine to look up new house listings (whether its a sale, pre-foreclosure, foreclosure, auction, or rental property). You could say its right in line with my addiction to HGTV and home remodeling programs. My parents have 3 rental properties currently, so real estate is not a new concept for them. I've been looking at both renting and potentially buying. My mom thinks it worth more of an investment to purchase a home in which I could be her tenant rather than pay to rent out a small space... so that's what we planned to do. I have always wanted to live in a house with lots of character – apartments don’t provide much for me and outdoor space is pretty important.
What I like about Tremont is that there is a sense of community and its very walkable. There is a whole strip of bars and restaurants, and its a popular spot for young professionals. Its a blend of new and old, you will find many houses built in the 1800s ($60k-$90k) sitting directly next to new developments ($300k+). It is also known as the little city of churches as so many preside in the community, I want to say around 20 or so. I miss interacting with strangers and new people as I did in college. I hope I have the opportunity to make new friends in the city. It’s also only 5 minutes from Ohio City and 10 minutes from downtown and Lakewood. I am hoping this departure will be quite the learning experience for me (that’s kind of guaranteed) and will help me figure out the next step in my life. I will be living here for at least 2 years, then we will see where my life takes me. However, it comes at the perfect timing. I am ready for a change, and this is a big one.
Over this past weekend, my mom and I went to look at a single family home - 3 bedroom, 1 bathroom in Tremont. We found out the previous owners were a family. The parents had gotten divorced and the mother and children had already moved out. (Explains the one bright pink bedroom). They had taken out a 170k loan and hadn’t made payments in 4 years. Sad story. It went into foreclosure and was repossessed by the bank. Well for those of you who know little about real estate, foreclosed homes usually come with an incredibly affordable (cheap!) price tag. It had only been listed for 4 days at this point. Before going to see the property, we had to get in contact with the realtor to get a code for the padlock to see the house. After speaking with him, we realized we had to get moving as there were already 6 offers on the house so we left right away ... this being Saturday morning (1/29).
The home offered everything I had been looking for ... Off street parking, outdoor living space, deck, dining area, lots of windows & natural light, lots of storage, washer/dryer hook-up, good location (I can see Lincoln park from my house!). Bonuses: whirlpool tub, sky lights, porch and front yard, air conditioning, 3 bedrooms. It needed new siding, cosmetic work mostly, eventually a new roof. But for the price, it would have been silly not to pass up on the place – theres so much potential. After crunching numbers with the realtor, my mom eventually agreed on a number and submitted her offer Sunday evening. The realtor had told us the bank wanted to make a decision the previous Friday so he expected a quick decision the following week. Tuesday, we heard the news. Our offer was accepted... Which leads me to now.
I’m moving to Tremont in the Spring. The sale is expected to close on February 23rd, then after the inspection, purchasing appliances, painting, cleaning and other work inside is finished ... It’ll be time. It will be costly especially at first as I don’t have anything to furnish the place. I’m actually going to look at a dining room set this evening, after signing the paperwork. I have to admit there are some fears ... Safety a big one. Being lonely secondly. But mostly, I’m ecstatic. I need this. I’m ready for change and a new challenge. Here goes nothing...
The rest of this blog will be dedicated to documenting the renovations, furnishing, decorating, and general frustrations and learning experiences with living on my own. I am most definitely a n00b – you should stick around, that should be entertaining enough in itself. I hope one day I'll have a run-in with Michael Symon seeing that Lolita is located in tremont. One can only dream.
Over this past weekend, my mom and I went to look at a single family home - 3 bedroom, 1 bathroom in Tremont. We found out the previous owners were a family. The parents had gotten divorced and the mother and children had already moved out. (Explains the one bright pink bedroom). They had taken out a 170k loan and hadn’t made payments in 4 years. Sad story. It went into foreclosure and was repossessed by the bank. Well for those of you who know little about real estate, foreclosed homes usually come with an incredibly affordable (cheap!) price tag. It had only been listed for 4 days at this point. Before going to see the property, we had to get in contact with the realtor to get a code for the padlock to see the house. After speaking with him, we realized we had to get moving as there were already 6 offers on the house so we left right away ... this being Saturday morning (1/29).
The home offered everything I had been looking for ... Off street parking, outdoor living space, deck, dining area, lots of windows & natural light, lots of storage, washer/dryer hook-up, good location (I can see Lincoln park from my house!). Bonuses: whirlpool tub, sky lights, porch and front yard, air conditioning, 3 bedrooms. It needed new siding, cosmetic work mostly, eventually a new roof. But for the price, it would have been silly not to pass up on the place – theres so much potential. After crunching numbers with the realtor, my mom eventually agreed on a number and submitted her offer Sunday evening. The realtor had told us the bank wanted to make a decision the previous Friday so he expected a quick decision the following week. Tuesday, we heard the news. Our offer was accepted... Which leads me to now.
I’m moving to Tremont in the Spring. The sale is expected to close on February 23rd, then after the inspection, purchasing appliances, painting, cleaning and other work inside is finished ... It’ll be time. It will be costly especially at first as I don’t have anything to furnish the place. I’m actually going to look at a dining room set this evening, after signing the paperwork. I have to admit there are some fears ... Safety a big one. Being lonely secondly. But mostly, I’m ecstatic. I need this. I’m ready for change and a new challenge. Here goes nothing...
The rest of this blog will be dedicated to documenting the renovations, furnishing, decorating, and general frustrations and learning experiences with living on my own. I am most definitely a n00b – you should stick around, that should be entertaining enough in itself. I hope one day I'll have a run-in with Michael Symon seeing that Lolita is located in tremont. One can only dream.
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