This little gem popped up for sale today and I was instantly attracted! It speaks to me. I immediately called the realtor, and after a few negotiations we got an appointment to see it this early evening. We brought the boys with us, and thankfully I had snacks to keep them happy.
Gasport, NY
$49,900 (Fannie Mae owned)
Built 1855
2400sqft 4bd 2b
0.8 acres
2 car garage
As you can see, it needs some major work. But you can also see the amazing potential it has to be brought back to life from its former glory! We could put in a couple hard core years of major work and after that, it would be perfect and exactly what WE want to live in for the rest of our lives.
The area is beautiful, it's a quiet street, it's close to a major town, and only about a 35-40min drive from my work. We have the money to pay cash for it....but that wouldn't leave us with any savings or money for reno. So now we are discussing what we want to do. If we financed it, we would have to get a special reno mortgage and that would mean a monthly payment. However that would give us the money right away to start fixing it up, plus leave us our savings and money for closing costs.
What to do, what to do....
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