Our house buying process was not easy. The beginning, middle, and ending were all incredibly difficult, but we got through it. Now we have a house that I LOVE.
We have wanted to buy a house since we graduated college, but the expense always held us back. We actually fell into the process by accident. We were very happy with our apartment and it was hard to imagine living anywhere else besides Oak Cliff. We thought we couldn’t afford a house in North Oak Cliff with the current market, and that ended up being kinda true.
I was doing an MLS tour (local real estate board tour of houses) and fell in love with a house on the tour. It was located in Elmwood, which is filled with smaller mid century homes. The house was across from a creek and I could picture ourselves living there so perfectly. Corey was pretty sure we still couldn’t afford to buy, but I tricked him to go look at the house anyways because I knew once he saw it he would love it too.He did love it and the seed was planted. We were not even approved for a loan yet, but we immediately went online and got approved from one of the lenders I frequently worked with.
The truth was, the asking price was way out of our range, and I thought the house was overpriced. We submitted an offer about 10k under ask, and I knew it was a LONG shot, but I was just happy to be starting the process. I knew we wouldn’t get it with our bid, and we didn’t, but at least we took that first step.
We started looking more seriously and I think a few weeks went by before something popped up in our price range. We saw the house within the first six hours it went on the market and again, fell in love. It had a great layout, was in a great neighborhood, and had a ton of potential. Looking back we were ignoring all the red flags. The house had potential yes, but it needed a TON or work. It was a rental house and the tenants hadn’t really taken care of it. It need a lot of landscaping work and a fence. The bathrooms were pretty grimy and it had obvious foundation issues. Ignoring all the bad things and only looking at the house through rose colored glasses we submitted an offer at asking price. We went under contract and I think we both thought this was THE house and were so excited. However, the inspection happened and made our dream world crash to the ground.
It needed a new roof like yesterday. It was just super old and in danger of getting some serious leaks if it rained. New roof quote came back at 10k. Yikes. It also had worse foundation issues than we even suspected. A ton of dirt would need to be excavated by hand, and it had to be done immediately, and the estimate was 15k. Double yikes. We just could not afford it and asked the seller to fix the roof and foundation. We kept fingers crossed for days waiting to hear back.
The seller let us know they would not be fixing anything, it was all on us. We talked and tried to justify going forward, but we couldn’t afford 25k of repairs right up front. We had no choice but to terminate the contract. We were pretty depressed and this point had all but given up on buying a house. We were out $500 from the inspection and option fee, and although we wanted to keep looking, we didn’t think we could handle another rejection. We also had a pretty good set up at our apartment and I think we both silently decided to be happy with what we had. We even decided to book a vacation to Montreal to have something to look forward to.
Now looking back, i’m so glad we didn’t buy that house. We would have been so broke and it was so much work. We would have spent years doing the work slowly and I am not a patient person. We were so excited at the prospect of owning, we weren’t thinking realistically about our situation.
So a few weeks went by, we went about our life. Of course once you decide you want to buy a house, it’s hard to accept apartment living. We started to explore farther south, still Oak Cliff, but not what most people think of as Oak Cliff. We discovered Kiest park and the surrounding area’s filled with beautiful mid century homes. I still held out that I didn’t want to live that far south. We could walk to Bishop Arts from our apartment in under ten minutes. Why would we give that up?
I spent some time thinking about what I wanted in a home. I wanted more space. I wanted to be able to work on furniture and hoard more vintage finds. I wanted a larger kitchen because I love to cook. We started to look at how frequently we went to Bishop Arts. We probably went only once a month to eat/drink. It’s not exactly an everyday place. I had to leave Oak Cliff just to find a decent Kroger. I had to drive to the other side of Dallas to do most of my daily shopping. Corey accepted the idea of moving south much more quickly than I did. I think I still felt sad about leaving the Bishop Arts area right up until we moved.
Even though I was still a little uneasy about moving south, we decided to start home searching again, and open up our search area….
Our house buying story Part: 2 will bring us to an “undiscovered” part of Oak Cliff