When my grandmother passed away a few years back, she left me her home.
The home was paid for years ago and this left me in a great situation although nothing would replace my grandmother.
I would be able to live here for free except for bills I had to pay. I moved in shortly after she passed away and everything was switched over to my name.
While living in this home, I was able to save money up over those few years. I wasn’t saving for anything in particular, but liked having the extra financial security of having money in a savings account in the bank.
I was driving through town one day and saw a home I always loved for sale. I wanted to see how much it was and went to the realtor website to see the listing.
I looked at the pictures of the inside of the home and it was much nicer than I realized and after seeing the price, I decided I wanted to look at it. I really didn’t want to get rid of the home I was living in, but this home was really nice and a great price.
I called the realtor that was selling the home to see if I could see it in person.
I was really interested in seeing it and possibly buying it. I set up an appointment and went to look at it. I asked the realtor what a reasonable down payment would be on a home like this and they told me what they thought.
I told them my current situation and how I owned the home I lived in. I asked them how that would work and they said they could list the home for sale and while they did that I could start the paperwork for buying the new home.
I didn’t want to wait to sell my home so I started looking around to see if there were other options. I talked to a friend of mine that told me they saw a company advertising that “we buy houses Kansas City“. I was able to find the ad that said “we buy houses Kansas City” online.
I decided to look more into that company to see what they could tell me.
They said their home buying process only takes a few days and they pay cash for homes. I asked them if they would come look at my home and give me the price they would offer me for it. They were able to come over later in the day after I talked to them.
When they arrived and looked my home over, they told me what they could offer me for it. It was a really, really low amount and I did not want to sell it for this price.
I was actually a little offended that they offered such a low amount for my home. It was in a great neighborhood and in great condition.
I decided this option wasn’t for me. And now I know why they advertise “we buy houses Kansas City quickly”. While the process is quick and easy, the amount offered is too low. This might be the right option for others, but it wasn’t for me.
I weighed my options of buying the new home and selling the one I was in and decided against it. Even though I loved the home I looked at, it wasn’t going to be worth it for me to take on a house payment.
I have still been saving money and not worrying about a house payment which has been great.