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Poimen
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Postby Poimen » June 13th, 2008, 3:32 pm

BTW, those doors are nine footers. & The original mahogany stair case is still in great condition. :wink: 8)
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Postby one love » June 13th, 2008, 4:52 pm

Chris are you telling me you are going to have to call "ghost hunters" soon and we will see you on Tv?

Hey that is a win, win situation 48k how in the world could you go wrong Brother I think it is wonderful. If you did nothing but sit on it and slowly remodel you still could not go wrong. I cant even comprehend a "lot" for a house being 48k forget a big ole house like that. The trim and and all seems to be still a lot of old orignal craftsmanship from what I could tell and that is also a plus. I am not sure Chris about Alabama but In Va if you buy a old house or building and keep it or parts of it with the original work and restore places that need it there is a tax benefit for that.


Again I have the info on that loan I will try to find it in the morning, i am excited for you I love old architecture like that, solid handrails and trim just awesome :wink:

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Poimen
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Postby Poimen » June 14th, 2008, 1:50 pm

So! The wife has really got the itch for this place now. :D

HERE is an example (before & after pictures) of some of her design/refurbish ideas. 8)
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Postby pastorables » June 15th, 2008, 4:50 pm

Poimen wrote:So! The wife has really got the itch for this place now. :D

HERE is an example (before & after pictures) of some of her design/refurbish ideas. 8)


Neat. What kind of program did she use to do the before and after? Is there a program available or did she do it from scratch?

pa
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Postby Mole_J » June 19th, 2008, 8:07 pm

If you can find a good mortgage broker, maybe hard to find sometimes, they maybe a little better than the bank. Banks tend to be very conventional with their loans, with the foreclosures now, you will need a very good credit score to get a loan.

A mortgage broker can be a lot more flexible and deal with different lenders. You need to find a someone you can trust, maybe ask around for someone.

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Poimen
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Postby Poimen » June 20th, 2008, 8:10 pm

It's not done and sealed yet, but we go tomorrow (today) to put the house under contract. Please pray with us that everything will continue to go well and we will indeed purchase this home.
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stevenson
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Postby stevenson » June 21st, 2008, 5:33 pm

Love the house! I'm a little jealous!
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Poimen
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Postby Poimen » June 21st, 2008, 6:17 pm

pastorables wrote:
Neat. What kind of program did she use to do the before and after? Is there a program available or did she do it from scratch?

pa


Sorry PA -- I missed this earlier.

She used photo shop. Of course, she did it herself, but in photo shop.
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Poimen
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Postby Poimen » June 21st, 2008, 6:23 pm

stevenson wrote:Love the house! I'm a little jealous!


Thanks. Just keep praying, please. :) They accepted our offer. So we're a step closer. :D

However, we learned today that due to the age and some of the repairs needed on the property it will probably NOT approve for an FHA loan without the current owners doing those repairs FIRST. Some of them are semi-silly in that they force certain changes and adaptations to be made that neither the seller nor the buyer may be interested in.

However, I feel positive about this, and am trusting God to provide it, unless of course He knows it is not good for us and/or (thus) not in His will.
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Postby one love » June 22nd, 2008, 1:53 am

Poimen wrote:
stevenson wrote:Love the house! I'm a little jealous!


Thanks. Just keep praying, please. :) They accepted our offer. So we're a step closer. :D

However, we learned today that due to the age and some of the repairs needed on the property it will probably NOT approve for an FHA loan without the current owners doing those repairs FIRST. Some of them are semi-silly in that they force certain changes and adaptations to be made that neither the seller nor the buyer may be interested in.

However, I feel positive about this, and am trusting God to provide it, unless of course He knows it is not good for us and/or (thus) not in His will.


Chris I am praying and im very excited for you. I hope this all works out. I iwll try by tomorrow to give you the loan name i was talking about (i forgot sorry :oops: ) But man that house is a treasure, just remember the "grandfather clauses" if you mess with some things they will then need to be brought up to code so be careful with that.
Good luck and I am praying for things to worl out for ya, let us know :wink:


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