Promise Acre: Our Journey

[promiseacres]

https://www.trulia.com/p/in/medaryv...ille-in-47957--2049601294?mid=12#lil-mediaTab

So all is on track. We take possession at closing. Mom has an offer on her place... it's all working out.

 

[Baymule]

I like it. I counted something like 6 different colors of paint, not counting the wallpaper. LOL Does mildew count as a color? LOL
The house is BIG, plenty of room! A nice metal barn, land, what a bargain! You have your work cut out for you, but what a fabulous place! This was meant to be!

 

[promiseacres]

I like it. I counted something like 6 different colors of paint, not counting the wallpaper. LOL Does mildew count as a color? LOL
The house is BIG, plenty of room! A nice metal barn, land, what a bargain! You have your work cut out for you, but what a fabulous place! This was meant to be!

There's no good picture of the 80' corn crib....with metal stamped sides...

 

[Baymule]

This is a great place. Y'all are going to be so happy there.

 

[promiseacres]

Soon I will flood this thread with our improvements... and the challenges...

 

[greybeard]

Soon I will flood this thread with our improvements... and the challenges...

Prepare to spend tons of $$$$.
No doubt you have saved $$ your whole life for this...time to put it to work.

 

[Baymule]

Yes, you will spend money, but you will save lots of money by doing the work yourself.

 

[Mike CHS]

That place is going to be a lot of work but I think you know that. It's also going to be your place and sit the way you want it to. That has a whole lot of potential but if you haven't yet, I would have a termite inspection done. We got a couple of surprises that weren't expensive to remedy but would have been at a later date.

 

[greybeard]

Are termite inspections not normally done before closing??
I would think lenders would insist on one before approving a loan, I know they did when I got a mortgage in Pcola Fla, but it's been about 40 years since I borrowed any $$ for a property purchase.
I can't imagine being able to accurately estimate a building's value without first knowing if there is termite damage or current infestation before tendering a bid.

 

[Latestarter]

Generally on a residential property, a termite inspection is a requirement by the lender. I suppose it could be waived with a large enough down payment (like many other stipulations - money has a way of eliminating road blocks). Really happy for you folks! Seems it's all coming together for you just as you wanted/needed. The fun has yet to begin in earnest, but not much longer and you'll be "in it!"