Appraisal of the House and New Washing Machine
In true financial fashion, the good energy does come with the bad. Our washing machine has gone up and I am purchasing a new one. 3 years ago this would have been devastating to my finances because I had no savings and was not very good with money. But now I am not worried. We’re going to buy a cheap one because we don’t need a big expensive one (and my dad is hard on them anyway). We’re looking at maybe $300 from Sears or Lowes and will either have it delivered or pick it up this weekend.
Still no committed sales on my electric guitar or bronco headers on craigslist, but unlike ebay or the newspaper, listing on craigslist is free and local (no shipping fees, yay). They also keep your listing up for 45 days (as opposed to 7 days), and you can put up multiple listings within that time frame. These items alone will more than pay for the washing machine.
In other news, my dad called our deceased landlord’s estate lawyer this morning and they have appraised this place for $200k (which is ridiculously cheap compared to the 400k and 800k houses around us). He even said we would be able to negotiate that, so I’m hoping I can get $150k or less, which should be easy (well, easy enough) to handle on just my income. I imagine part of that is contributed to the supposed recession that is looming over our heads.
However I am still interested in the landlord’s farm, so we’re going to call back and see how much that was appraised at. They will definitely be selling it as well, so we’ll need to see if my dad’s friend is still interested in purchasing all three properties.
So the plan is to either:
1. Buy this property for $150k or less, fix it up and/or tear down and rebuild and resell later on.
2. Wait for my dad’s friend to buy the large farm and buy it from her at a small mortgage payment (if I even like the property).
My dad and I are going to run over to the farm on Saturday to take a look at it and see if it’s actually a piece of property that we want since it’s right down the road.
My dads account is overdrawn this month, but it looks like Suburban Propane for some reason had their check cashed twice, which completely fubared his account. I’m going to see if I can talk to them today about reversing the overdraft charge and removing the extra check cash.
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