Skip to main content

Found house we love in bad school district

My wife and were just married last month and are now in the process of finding and purchasing our first home.

We've only seen three homes so far. The first two homes had issues that prevented us from wanting to purchase them. We loved the third house that we saw.

It's a mid-century modern built in the 1960s. It's not very updated, but it's been well maintained, has a new HVAC and new roof and it has a ton of charm. It's a very unique house with a ton of space, a beautiful front yard and spacious backyard and it's in our budget.

There are two main downsides. The first thing we noticed is that's in on a main road (35 mph speed limit, and doesn't seem like a ton of traffic, but a main road with double yellow lines).

The second thing, that we found out later is that despite it being in a picturesque, charming neighborhood, it is in a terrible school district.

My wife and and probably don't want kids and we absolutely love the house, but we're having second thoughts after we initially thought about putting in an offer. We're worried buying this beautiful house on a busy street with a terrible school district is going to kill the resale value.

We feel very torn and would appreciate any all advice. Thanks in advance!

submitted by /u/BorisDiawisGod
[link] [comments]

source https://www.reddit.com/r/RealEstate/comments/xoiszw/found_house_we_love_in_bad_school_district/

Comments

Popular posts from this blog

North Carolina – “One to Buy; Two to Sell”

I realize I will likely have to contact a real estate attorney but also hoping to hear insights and experiences from others! I have a house in NC that I bought by myself in 2009, and paid off, in full, in 2022. I got married in 2023. My spouse and I have not lived in the house as our "marital residence". We have maintained separate residences even after we got married. (That a separate topic!). I am now selling this house. Realtors have told us that my husband has to sign the deed at time of transfer but I am not convinced since the house has not been our marital residence. The realtors like to use the phrase "one to buy; two to sell", which seems like a broad-stroke statement which is not applicable under all circumstances. And of course, the realtors don’t realize the details of my specific circumstances: I purchased and paid for the house in full prior to marriage Only my name is on the deed And most importantly, we have never lived in the house as a marit...

Question With Tricon "Pending ID".....

My wife and i, along with 2 other peopl applied to rent a house, and our application says "Approved, Pending ID". Anyone else know what that means? Do we pretty much have the place or are we missing something? submitted by /u/Itskrueger [link] [comments] source https://www.reddit.com/r/RealEstate/comments/1orixqj/question_with_tricon_pending_id/

Making offers on houses not listed for sale.

I want to buy a home for retirement. I am looking at lots of options, mostly focusing on the locations that appeal to me. I see lots of Zillow estimates of homes that look like great deals to me. Are these estimates accurate, even though similar houses in the same area that are for sale are usually priced much higher? If so, is it realistic for me to try to make offers to owners that do not have their homes listed? Would a realtor even consider helping me do this? Or, do these values indicate that the houses listed for sale are overpriced, and I should just lowball until someone accepts? Are houses today tending to sell far below list prices, or ??? submitted by /u/chewybrian [link] [comments] source https://www.reddit.com/r/RealEstate/comments/1o4mcon/making_offers_on_houses_not_listed_for_sale/