Tuesday, June 16, 2009

Foreclosure Experience - 7

As in my previous post of "What our new family member gave us 1-7 (Linked here to #1)", since we were kicked out of our apartment and the landlady gave us one month to move out, we were in a hurry. When our real estate agent, Naomi, visited us this month, she confessed that she never thought that we could make it.

House hunting => Offer => Inspection => Deal => Repair => Move in. All the process were done in less than a month. There are some things that we still do not like or repair more, but we could make the house livable. We were lucky. We like the new home including my wife's color pink paint. (LOL)

I never recommend anyone to do the same. There are too much risk to try rush and patch works in this major investment. You may grab something which you do not like. You may find the property major damaged after you bought it. You may be spending almost equal amount of money you spent for getting the house. You may be cheated by repair or construction people if they know you are in a hurry. If all I could do it again, I would like to spend 2-3 months to select, evaluate, and schedule the entire process.

Now the question is these foreclosure deals could be profitable investment?

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Shaw Funami
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Peter Baca said...


Congratulations on your new home...hopefully everything is settled! It is always a pain to move but if your happy with your house it is important.


Pete Baca
The Car Enthusiast Online

Shaw said...

Hello Pete,

It was a hell of chaos, as you say. Supervise repair and prepare for move, then move. I have some basic things still missing. But it was fun, too. My wife and I are happy about new home.

Thank you for your comment.
Shaw Funami
Fill the Missing Link

Hilary Melton-Butcher said...

Hi Shaw .. your desk looks neat?! Help .. I have papers everywhere!!

Your house looks to suit you well and appears that you made a good choice - well done!

Hilary Melton-Butcher
Positive Letters

Marketing Unscrambled, learn to earn 14 said...

Shaw, thank you for sharing this process. Really glad that things are working out for you. It looks really good. All the happiness in your new place. It is a nice feeling to be able to do what you want with your home. The pink is a nice touch.
Dan and Deanna "Marketing Unscrambled"

Shaw said...

Dear Hilary,

Telling you the truth. I put all the papers on the desk to the other side of the room to take the picture (LOL). Of course the papers are back now.

Thank you for your comment.
Shaw Funami
Fill the Missing Link

Shaw said...

Dear Dan & Deanna,

Thank you for your comment. My wife and I never thought we will own home in US. It was always rent. We are happy about the home and I am happy to see my wife busy for getting my home better.

Thanks again
Shaw Funami
Fill the Missing Link