It’s been just about two months since my last house search update. We’re still searching, so I figured it was time for another! About one week after my previous post, we went under contract on a house! Wheeee! This one couldn’t have been more different from the first house we put an offer on — it was in a downtown area, it was historic, and it needed some love. I actually mentioned it in this post — it’s the one that was right across from a school. It had been on our radar for a few months, but we didn’t pursue it because it was on the upper end of our budget. But after doing some extensive research on the neighborhood, we felt like it was overvalued, and that the seller might be willing to drop the price. We scheduled a visit, loved it in person, and figured we’d write an offer in the next few days. That afternoon our realtor forwarded us an email that the seller’s agent had sent to all of the buyers’ agents that had ever taken clients to see the property, saying that the seller was willing to drop the price by $20,000, but wanted to be under contract by the end of the week or was going to take begin renting it. Yikes! That certainly lit a fire under us, so we met with our realtor the next morning to write an offer. Within a few hours, the seller had countered our offer, which we accepted. We immediately launched into inspections, as we wanted to know as soon as possible if there was something major that we needed to know about, budget-wise. We knew the seller had purchased the home two years ago, and that he had done some extensive updates: additional stabilizing under