We Found One!

After a few months of searching, we finally put an offer in on a Spanish Colonial Revival style home in midtown, Ventura. Unfortunately, we were in a multiple offer situation (yes, it does happen, even in 2008). In fact, homes in midtown were being purchased and pulled off the market within a couple of weeks here in Ventura! What is this, 2005? We ended up losing that house to a higher bidder. We were back to square 1.

Back in April, we went to an open house in an awesome area. Unfortunately, the home was pricey, and a total fixer! It was hard to see beyond all the work it needed, and it definitely wasn't worth it for the price tag. The house was sold and went into escrow quickly, so we forgot about it.

A few weeks later, it popped up again, but we just ignored it. Later, the price dropped. In June, we decided to take a look at it again with our agent. It was much better the second time around (without the hustle and bustle of an open house)! Apparently it had fallen out of escrow twice because the previous buyers did not have the finances or energy to fix the home up. We decided to put in a lowball offer on it. After only two low counteroffers, we found out that WE GOT THE HOUSE!