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Kilroy
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« on: January 05, 2009, 08:40:11 pm » |
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Wish me luck, I've put an offer on a house.
Nothing final yet, and actually it's the 2nd offer, seems Citibank forgot they were given a share of $700 Billion dollars, and is nitpicking on the 9k difference between their asking price, and my first offer, so it's back in their hands.
And to Michigan SMC Mafia, it's got a huge deck, as I'm walking through a second time, I was already planning the BBQ this summer.
It's been a long trip to get this far, I've discovered just how creative real estate agents can be:
Dream Home = featured in Nightmare on Elm Street.
Needs a little TLC = typo, they meant, needs TNT, blast that eyesore off the subdivision plat maps.
Quiet neighborhood – yeah the EPA super site a ¼ mile away dissolved everyone's tongue.
Seller is anxious - yeah, the roof line has a bigger bow line than a Cavalier Wet Box.
The waiting is killing me. But hopefully, I'll be unpacking all the signs, pulling the V39 out of storage, and yelling at the neighborhood kids to stay off my lawn within a few weeks.
Sorry, it's not soda related, but I had to share. i've been holding it in to long, and maybe some good karma will come my way.
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"Restored they go for $6-7,000!!"
Member : Michigan Mafia
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RC kid
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« Reply #1 on: January 05, 2009, 08:47:57 pm » |
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Good luck!
I hope everythong works out in your favor.
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oscar
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« Reply #2 on: January 05, 2009, 08:57:15 pm » |
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Good Luck. Nothing better than owning your own home and making those payments to get that title. One of these years i'll actually own mine free and clear.  |
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Creighton
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« Reply #3 on: January 05, 2009, 08:59:47 pm » |
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Hope you get the house!
Always an exiciting time. Making it a home is the most fun.
Creighton
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coke_and_stuff
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« Reply #4 on: January 05, 2009, 09:00:14 pm » |
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Congrats we bought out first home in July, It took me almost 4 years to get into a house and it was worth every bit of the trouble.
Joey
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Collector of nice original paint machines
Vendo 81 B, C, D
VMC 81 Pepsi, 7up, RC, Generic
6CV Coke, RC, Pepsi
VMC 110 RC
Vendo 39
Jacobs 26
Mills 47
Selectivend 64 7up NOS
Plus 30-50 parts and project machines
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Pat Pixley
Guest
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« Reply #5 on: January 05, 2009, 09:49:22 pm » |
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Oh yeah the First home so this means house warming gift Grandma's Quilt hanging on the wall  . nothin says home like that .. Congrats Jim I hope everything works out . |
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« Last Edit: January 05, 2009, 10:01:13 pm by Pat Pixley »
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Yarochrehc
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« Reply #6 on: January 05, 2009, 09:55:46 pm » |
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Waiting is like sitting on pins & needles, but it will be worth it in the end.  Good Luck! |
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Bob
Restored
Vendo H63B Coke in use in basement
Original
Vendo V/VF63/7 Pepsi in use
Restoring: Glascock Standard
(2) Vendo 63
(2)Vendo 90
Vendo 126 waiting for paint
VMC 56
Westinghouse WE-6
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collecture
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« Reply #7 on: January 05, 2009, 10:05:23 pm » |
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Good Luck Kilroy!
Owning a home is comfort!
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Cav 27, 33, CS-55E-2, 72
S-48 DP
Ideal CC 35, Barq's 55
1930s DP Counter Cooler
Vendo Coin Changers (ea. style - orig w/ stand)
Vendo Junior (rest.), 23 Deluxe, 39D, 44, 56RT, 80SS, 81A (orig), 81D, 6 C.V.
VMC 27, 27A, 81D DP, 110 DP
Westy WC-42-T, WC-44SK, WD-5(2), WB60
Victor C-14
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mznb1u
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« Reply #8 on: January 05, 2009, 11:03:07 pm » |
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Kilroy,
Good luck on the pending offer. It is a buyer's market so don't blink too soon if they counter you unless you really are dead set on the place.
The important question is:
"Does it have a Fallout Shelter?"
I'll bring the burgers for the cookout!
Congrats!
Tim
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bubba
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« Reply #9 on: January 06, 2009, 06:21:03 am » |
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Good luck... Hope the deal goes through for you...
How long does it take to close on a house once the deal was accepted? It normally takes us in NJ 2-3 months before the closing once the deal is accepted.
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Ken
V-63 -Bottles
2-Cavalier USS-64
VMC ST56B Royal Crown - being built
Vendo HA56C Coke
2-V63C DP
V63C Coke
U-Select-It 5cent candybar machine
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BrianB
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« Reply #10 on: January 06, 2009, 07:03:46 am » |
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Good luck on the house! Definitely keep us updated on it.
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Brian
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Kilroy
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« Reply #11 on: January 06, 2009, 08:18:24 am » |
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I know this topic isn't machine related, but I had to blow off some of the stress, and hey, it was my best find this year, well last year. Is it a bad thing part of the criteria when I was looking was such thigs as, how many steps are there if I have to haul machines down the staris, and are the ceilings high enough to put the phone booth in? The important question is:
"Does it have a Fallout Shelter?" LOL TIm, when we were looking, I told my agent one of the criterias was a fallout shelter so I can be ready for the upcoming Collapse of civilization. Luckily she has as twistred sense of humour as I do. This one is a tri-level, and the downstairs has already been taged as the 'Game Room' Bubba- it's on the market as a short sale, so I could close in a few weeks once we come to an agreement,. A little paint, steam the carpts, and off I go |
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"Restored they go for $6-7,000!!"
Member : Michigan Mafia
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RC kid
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« Reply #12 on: January 06, 2009, 06:36:04 pm » |
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I have always been in a house within two to three weeks of making the offer.
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oscar
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« Reply #13 on: January 06, 2009, 07:03:19 pm » |
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You need this for your fallout shelter.  fallout shelter sign unused D.O.D issue - $100 (nashville) Reply to: sale-982738065@craigslist.org [?] Date: 2009-01-06, 2:45PM CST unused fallout shelter sign 14" x20" metal- reflector front In origional wrapper- out for picture only- not replica- Dept of Defense issue call 615-389-9594 $100 call for pic or info |
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Kilroy
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« Reply #14 on: January 06, 2009, 07:34:47 pm » |
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$100? I wish, since I have another 25 or 30 of those signs. And the Michigan Mafia have one to put above their machines also |
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"Restored they go for $6-7,000!!"
Member : Michigan Mafia
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mznb1u
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« Reply #15 on: January 06, 2009, 07:53:30 pm » |
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At $100 a pop you should be able to cover those closing costs!  I'm not letting mine go! Thanks again Kilroy!  |
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jasmine64
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« Reply #16 on: January 12, 2009, 11:14:59 am » |
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Any updates?
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Marsha
Cav. CD 22
Choice Vend 168 - Use daily.
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Kilroy
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« Reply #17 on: January 12, 2009, 03:33:05 pm » |
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Nothing confirmed, though the seller's agent has told us the bank has been in contact with the seller, and he seems to think the bank will accept the second offer. It's all hearsay at this moment, at least the interest rates continue to drop. Last time i looked, they were at 5.25%, not to shabby Gah, it's been since the Friday after Thanksgiving since the initial offer went in, no wonder I'm stressed. |
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"Restored they go for $6-7,000!!"
Member : Michigan Mafia
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Kilroy
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« Reply #18 on: January 25, 2009, 11:16:05 am » |
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Got a call from my agent Friday afternoon, we received a verbal agreement, bank needs a paper or two signed by the owner, but it's pretty much as good as a go.
So I guess it's almost official, we made the offer contingent on passing the home inspection and that the selling price is equal to below the assessed value inspection, which shouldn't be a problem. Closing will prolly be mid February.
Now the stress sets in....
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"Restored they go for $6-7,000!!"
Member : Michigan Mafia
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mznb1u
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« Reply #19 on: January 25, 2009, 11:37:00 am » |
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Congratulations! |
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Pat Pixley
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« Reply #20 on: January 25, 2009, 03:20:33 pm » |
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Congrat's Well that means house party at Kilroy's in June . |
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Kilroy
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« Reply #21 on: January 25, 2009, 03:47:32 pm » |
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June works, I'll have the deck power washed by then, the V39 and Captain Fantastic Pinball machine out of storage, and maybe the Seeburg playing and completed.
Hmm, brats on the grill and a few cold Faygo's, oh yeah, it's a gonna happen
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"Restored they go for $6-7,000!!"
Member : Michigan Mafia
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bubba
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« Reply #22 on: January 25, 2009, 05:01:37 pm » |
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Congrats... good luck. I hope it goes smooth!
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Ken
V-63 -Bottles
2-Cavalier USS-64
VMC ST56B Royal Crown - being built
Vendo HA56C Coke
2-V63C DP
V63C Coke
U-Select-It 5cent candybar machine
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Jim
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« Reply #23 on: January 25, 2009, 06:16:31 pm » |
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Congrats on the new purchase ! ! ! Hope the rest falls into place smoothly... |
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My six cents, Jim  |
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Kilroy
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« Reply #24 on: February 07, 2009, 02:15:21 pm » |
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Ever look at a Vendo 56, think, yeah, this is the one, go back a second time, think, it's going to look primo when I finish it, taker your restore guy with you to pick it up, and find it's a cosmetically touched up (and poorly at that) basket case with more bondo than an a aut obdy shop warehouse?
Yeah, the house went like that. Inspection last Friday. Wow. Major roof issues, pitch issues that caused the water to run into the house were handled by tarring the heck out of the trusses. The bathrooms were retiled to hide moisture damage, bathroom exhaust vents venting into the attic, I could go on, but bottom line one of the Directors at work is a liscensed builder, took him out to the house yesterday to look over. Repairs to make it livable - 8-12K. The home is bank owned,m and the seller agent has said the bank won't give a deal, so I wished them well, and warned them of the mold issues in the attic.
And maybe it's a rebound romance, looked at 2 more this morning, and one is really really nice. 4000sf less, than than the first onew, bigger yard, awesome deck, and move in ready. The previous owners took care of it, and it's for sale since the owners were transferred out of state. Maybe something good came out of this, i'd looked at the online add for the 2nd house several times, but passed since it didn't have a basement. What the listing didn't say was that it had a living room and a large great room, large as yeah, it will be a kicka** man cave, and will hold several machines ( soda and juke) with room for the Michigan mafia to lounge around.
The adventure continues ....
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"Restored they go for $6-7,000!!"
Member : Michigan Mafia
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collecture
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« Reply #25 on: February 07, 2009, 03:11:54 pm » |
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Oh well...better to find out before...good to have someone that will be honest and warn you of the issues!
It is a heck of an investment, so best to be prudent!
Good Luck!
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Cav 27, 33, CS-55E-2, 72
S-48 DP
Ideal CC 35, Barq's 55
1930s DP Counter Cooler
Vendo Coin Changers (ea. style - orig w/ stand)
Vendo Junior (rest.), 23 Deluxe, 39D, 44, 56RT, 80SS, 81A (orig), 81D, 6 C.V.
VMC 27, 27A, 81D DP, 110 DP
Westy WC-42-T, WC-44SK, WD-5(2), WB60
Victor C-14
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mznb1u
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« Reply #26 on: February 07, 2009, 03:29:24 pm » |
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Jim, Sorry to hear about the delay. But as others have already pointed out--the problem is the bank's. If you had closed they would be yours! There are plenty of other houses out there and the deals are still available. Keep looking and always--as everyone who has read this thread has learned--get a good inspection before the contract is binding! And as far as the banks not dealing--tell the realtor to present the offer--the worst that they can say is no. Kind of like offerring $250 to a guy who wants $400 for a Vendo 39 with no drum. Good Luck in the search!  Tim |
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Creighton
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« Reply #27 on: February 07, 2009, 04:16:31 pm » |
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Wise words from all!
I've found that the right house will just jump out from the crowd. Look at as many as you can. Independent inspection is a must. Electrical and plumbing are the hardest to fix if sub-par.
Hope the right deal comes along!!
Creighton
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oscar
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« Reply #28 on: February 07, 2009, 06:16:47 pm » |
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In my line of work I get to see the work of other trades as well as the work of inspectors. I have new home owners call me to fix problems that the inspector has missed. The most important advice I can offer is you need to find someone who knows the codes. If you can get this guy to inspect your next house I would pay him. Even if you have to pay a licenced inspector and pay him also. It's well worth the peace of mind.
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Kilroy
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« Reply #29 on: February 08, 2009, 11:01:08 am » |
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I can't say enough to everyone, get an inspection before closingthe deal. I love my agent, she suggested putting a clause in the sales contract that allowed us an out based on the inspection results. Yeah, I'm out $275 for the cost of the insection, but it's a lot less than the $$ and stress I'd have if I'd bought it.
Tim, as for dealing, based on what we went through already, I know the bank won't dela, and it's okay, I went out looking yesterday, and found two more potentials, both in move in condition. One door closes, one door opens...
I'll still have the Michigan Mafia BBQ this summer at MY new house
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"Restored they go for $6-7,000!!"
Member : Michigan Mafia
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bubba
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« Reply #30 on: February 08, 2009, 02:55:28 pm » |
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I went out looking yesterday, and found two more potentials, both in move in condition. One door closes, one door opens...
Is there such a thing as move in condition? I thought my house was.. The people before me renovated the whole house.... it looked beautiful... I figured we would move in, and I'd be sitting on the couch every night watching tv.. 10 years later, I'm still working on this place..  |
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Ken
V-63 -Bottles
2-Cavalier USS-64
VMC ST56B Royal Crown - being built
Vendo HA56C Coke
2-V63C DP
V63C Coke
U-Select-It 5cent candybar machine
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Kilroy
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« Reply #31 on: February 08, 2009, 08:24:32 pm » |
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Good point. Let's say they appear not to be a money sucking pit the other one turned out to be. Won't really know until a formal inspection.
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"Restored they go for $6-7,000!!"
Member : Michigan Mafia
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oscar
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« Reply #32 on: February 08, 2009, 09:42:44 pm » |
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There is no such thing as a finished house. Expecially if you have a wife. |
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SIGNGUY
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« Reply #33 on: February 10, 2009, 02:01:45 pm » |
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looked at 2 more this morning, and one is really really nice. 4000sf less, than than the first onew, How big of a place are you buying?!!!! if the second choice is 4000 sq ft less, WOW... you should have plenty of room for the "Toys"!!! |
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Soda Machine Enthusiast since 1996!
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