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Old 02-21-2021, 2:39am   #1
BADRACR1
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Default Looking at another house

We've been contemplating a move for a couple of years now but nothing serious yet. Looked at a couple a few weeks ago but passed on them. Then this one fell right into our laps.
Turns out a friend of the wife's family is about to sell their house after the new one is completed. Coincidentally, they live next door to the wife's oldest son. During a conversation week before last out in the drive between the friend, my wife and daughter in law the friend mentioned they would be looking to sell in a couple of months.
The property is almost perfect as to what we are looking for. Four bedrooms, two baths, 2200 sq feet so not too big, not too small. New HVAC last summer and the roof on the house and garage replaced summer before last. One and a quarter flat acre and just a few blocks off the main highway. It has a large above ground pool with a deck.
Biggest drawbacks are it is located across the GA state line which means state income tax, half hour drive to work each way as opposed to about eight minutes now, and as mentioned before it is next to the wife's oldest son which means grandkids and daughter in law seven days a week. Don't get me wrong, love them all but the DIL is quick to drop them at our house now for every little errand she needs to do. They're here usually four or five days a week for anywhere from a couple of hours to overnight and I can't help but think it would become more frequent being that accessible as opposed to the twenty five minute trip now.
The catch is that her niece already asked if she could buy their house when the new one was completed. She is hoping that the niece doesn't qualify (and doesn't think she can) so that she can sell to us without looking like a bad guy. The niece was told she could take a couple of weeks to try to arrange financing. Time's up.
So. Will the pros outweigh the cons? We could always resell it in a year or two if things don't work out. The current price is a good 20/30k under market value so we'd have instant equity. The house is close to what we want with a little modification and the property is great.
Oh, one more thing. The garage. Two bays, covered carport on one end, another bay that runs the full length longways across the back of the building TOTALING 2800 SQ FT OF CENTRAL HEATED AND AIR CONDITIONED WORK SPACE!!!
Decisions, decisions.
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