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	<title>see story run &#187; thehouse</title>
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		<title>Justice is Done!</title>
		<link>http://www.seestoryrun.com/2009/10/02/justice-is-done/</link>
		<comments>http://www.seestoryrun.com/2009/10/02/justice-is-done/#comments</comments>
		<pubDate>Fri, 02 Oct 2009 23:39:49 +0000</pubDate>
		<dc:creator>chris</dc:creator>
				<category><![CDATA[blog]]></category>
		<category><![CDATA[thehouse]]></category>

		<guid isPermaLink="false">http://www.seestoryrun.com/?p=1551</guid>
		<description><![CDATA[Jump in the fire! We found a house, made an offer, and closed! Ups and downs abound, a few weeks late- but done! Supposedly it went smoothly, it was still emotionally exhausting. I&#8217;ll spare you the details of the buying process; lets cut to the meat of this hush puppy- Built 1945 &#8211; added onto [...]]]></description>
			<content:encoded><![CDATA[<p><a href="http://www.seestoryrun.com/2009/10/02/justice-is-done/"><img class="alignleft" title="Justice is Done!" src="http://www.seestoryrun.com/gallery/_20091015thequeen/index.jpg"/></a>Jump in the fire!  We found a house, made an offer, and closed!  Ups and downs abound, a few weeks late- but done!  Supposedly it went smoothly, it was still emotionally exhausting.  I&#8217;ll spare you the details of the buying process; lets cut to the meat of this hush puppy-</p>
<li>Built 1945 &#8211; added onto in the 50&#8242;s &#038; 60&#8242;s</li>
<li>~1800 square feet</li>
<li>3 bedrooms, 2 bathrooms, 2 living areas</li>
<li>large garage</li>
<li>large corner lot with big, old trees</li>
<li>pool</li>
<li>character-a-plenty</li>
<p><span id="more-1551"></span></p>
<h3>
This is part of a work log documenting the victories and failures of the queen&#8217;s empire.<br />
<a href="http://www.seestoryrun.com/tag/thehouse/">Read more about the house here »</a><br />
</h3>
<h3>I introduce to you- THE HOUSE!</h3>

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<br />
The house isn&#8217;t perfect, but that&#8217;s part of the appeal.  There is a lot of room for updating, the lady we bought it from had lived there since she and her husband had it built in the 40&#8242;s, which is nice.  There are some problem areas with some minor/major wood rot that need to get addressed pretty quick, but its been kept up well over all.  The electrical is another area that is a little scary.  I think her husband was a bit of an electrical hobbyist, as there are signs of an old rather Rube Goldberg alarm system and possibly an old DIY 1960&#8242;s style sprinkler system, though we&#8217;re not sure exactly.  Lots of extension cords plugged into extension cords plugged into 6 port expanders plugged into light sockets.  One room&#8217;s wall outlets were actually powered by an extension cord that ran into the room next to it.<br />
<br />
Anyhow, be sure to keep checking back, as I will be adding posts on interesting items found in the house and projects we take on.   </p>
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		</item>
		<item>
		<title>An Experiment in Responsible Lending Practices</title>
		<link>http://www.seestoryrun.com/2009/08/01/theexperiment/</link>
		<comments>http://www.seestoryrun.com/2009/08/01/theexperiment/#comments</comments>
		<pubDate>Sat, 01 Aug 2009 22:29:50 +0000</pubDate>
		<dc:creator>chris</dc:creator>
				<category><![CDATA[blog]]></category>
		<category><![CDATA[thehouse]]></category>

		<guid isPermaLink="false">http://www.seestoryrun.com/?p=1535</guid>
		<description><![CDATA[Gee, wouldn&#8217;t it be swell if 2 friends could go in on a house together? Too bad no sane bank would lend good money to 2 oafs&#8230; These long held thoughts, became verbalized over lunch between myself and my good friend and many year roommate Jon. We are running out of our lease at the [...]]]></description>
			<content:encoded><![CDATA[<p>Gee, wouldn&#8217;t it be swell if 2 friends could go in on a house together?  Too bad no sane bank would lend good money to 2 oafs&#8230;</p>
<p>These long held thoughts, became verbalized over lunch between myself and my good friend and many year roommate Jon.  We are running out of our lease at the place we are renting with some other roommates so new housing is in order.  We have noticed rent houses we like in the areas near our place of work seem few and far between, however homes for sale are all over the place.  Again, the question of buying a house with a friend has come to mind&#8230;   is it really that crazy?  We consulted google- sure enough, banks are dumb enough to lend good money to 2 oafs like Jon and I.</p>
<p><span id="more-1535"></span><br />
</p>
<h3>
This is part of a work log documenting the victories and failures of the queen&#8217;s empire.<br />
</h3>
<p><a href="http://www.seestoryrun.com/tag/thehouse/">Read more about the house here »</a><br />
<br />
After consulting google a bit buying a house with a trusted friend doesn&#8217;t seem that crazy.  A few documents squaring away solutions for dealing with possible problems are needed between the two parties, but its not that uncommon.  I won&#8217;t go into too much detail here, but since most people think we&#8217;re crazy for trying it- I&#8217;ll just say that we&#8217;ve thought a lot about it and we have ways of dealing with disagreement and fists. Basically it comes down to this; If we can&#8217;t reach an agreement within a given period of time- we sell the house.  We realize that unless house prices sky rocket in the next 3-5 years we won&#8217;t make money on the place, but we should save money over renting pretty much no matter what we do.  So if we get in a horrible situation and we hate each other- sell the house.<br />
<br />
At this point we applied to a few banks to talk about lending and we&#8217;re pre-approved for a loan&#8230;   Crazy is the only real word that comes to mind.  No wonder banks are in trouble.  Whatever, lets take advantage of their insanity and the governments healthy 8 grand first time home owners tax credit and buy a house!<br />
<br />
A friend recommended us a <a href="http://www.kevinbottke.com/" target="blank">realtor</a>- it is time to figure out what we can afford and what that buys us near work.<br />
<br />
An epic quest into adulthood has begun.</p>
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