Midway Real Estate

Baby on the way. Found a home but it is still too much for us. How can we bring the price down? Thank you!!!?

My wife and I have found a fixer-upper in Topsham, Maine and want to know what we can do to bring down the price. They are asking $162,500 for the home. It has good potential and we are to see the inside this weekend. We are to have our first baby on November 2nd and would love to be in a home before that time comes. We maybe able to get a loan for $130,000 (But not sure) how can we get the price to that level? Is it possible? I work at a local Hospital on the Medical/Surgical/Pediatric floor and don’t make much for the line of work I’m in. My wife makes less money than I do and will be out of work without pay when the baby is born. We really need advice and any help that you can offer. Please be kind in your answers to us.

Be realistic–talk to the bank first before you guess on your loan. Also, don’t max out your loan on this house. It’s a fixer-upper.

Also, I would talk with a realator. When you are a BUYER, having someone to help you buy a house doesn’t cost you a thing. How long has it been on the market?

Also, it sounds like you’ve found this ONE house and are in love with it. Can you afford to finish the big fixing up before the baby is due? Will you be able to AFFORD fixing it up?

Talk with a lender AND a real estate agent.

Tags:   fixer upper home · home buying · hudNo Comments