We spotted a remarkably cheap property in the village we live in (and love).
So, out of interest, I phoned sent a quick email through the in-app email system. I got a call the next day saying we could see the property that evening, so we decided to go along.
We saw the property, and thought, that's nice, I wonder who will buy it. We got a phone call from the agent the next day asking if we were interested in the property. I said we were, but that our finances weren't in order. She scheduled us in for a meeting with a mortgage constaltant, and was very optimistic about our chances of getting the property.
At this stage, we've seen the property twice, and we're going to see a mortgage advisor tomorrow. It's all happened so fast. However, there are already 4 offers on the property, and I expect at least one of those is at asking price. We're a little scared, but we might put in an offer.
The property is very cheap, but, it has a long list of things that need doing. Here they are, in order of importance:
- Rewiring (and more power points added)
- Central heating putting in the entire house (including radiators)
- Redecorating throughout
- New kitchen
- Bathroom moving upstairs
- Single storey extension (if money allows)
- Garden turfed
When did you buy your first house, or do you rent?
What advice could you give me?