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property. want.
2011-Jul-02, Saturday 12:56 pmOn a fluke, I checked some local listings for properties in northwest Minneapolis, near where I work. I happened to find something that looks "very interesting". It doesn't look awful, it's only a mile from work (as the crow flies, anyway), and at least one of the two immediate neighbors keeps a tightly manicured yard.
Best of all? The price dropped recently to only $34,900. Yeah, that's right. It seems to be a beneficiary of dual blights: foreclosures and tornado path. Here are the Edina Realty listing and the Minneapolis city reports for the property.
I bicycled over to the house this morning to look around outside it. I saw no major damage to the house itself. The fences are destroyed, the phone/television lines are on the ground because a tree limb fell on them, and there is some foundation cracking on the alley garage (which is still in better condition than where I live now). The house itself looks great from the outside, though.
You can see photos of the house inside and out at the realty listing above. Here are photos of the yard I took this morning from the East (with my bicycle), North (nicely grown over with ferns), West (sunlight for good garden), and South sides of the property.
I took one photo that turned out okay of the kitchen from the south window. And here's what's left of a house just 1 block away. Even a month after the tornado, there's still a lot of work that needs to be done along its path. There were lots of constructions crews working today on roof and wall damage at houses throughout that area.
So. Now what? I want to see in the attic at the roof, and I want to see in the basement at the foundation. I have 20% cash down available, but that would exhaust every penny I have. I have nothing more than that to do the minor repairs indicated on the city reports for the house. I already contacted a realtor, and they referred me to someone who can work with first time buyers for arranging financing. I have emailed her to ask what step(s) I should take next.
Best of all? The price dropped recently to only $34,900. Yeah, that's right. It seems to be a beneficiary of dual blights: foreclosures and tornado path. Here are the Edina Realty listing and the Minneapolis city reports for the property.
I bicycled over to the house this morning to look around outside it. I saw no major damage to the house itself. The fences are destroyed, the phone/television lines are on the ground because a tree limb fell on them, and there is some foundation cracking on the alley garage (which is still in better condition than where I live now). The house itself looks great from the outside, though.
You can see photos of the house inside and out at the realty listing above. Here are photos of the yard I took this morning from the East (with my bicycle), North (nicely grown over with ferns), West (sunlight for good garden), and South sides of the property.
I took one photo that turned out okay of the kitchen from the south window. And here's what's left of a house just 1 block away. Even a month after the tornado, there's still a lot of work that needs to be done along its path. There were lots of constructions crews working today on roof and wall damage at houses throughout that area.
So. Now what? I want to see in the attic at the roof, and I want to see in the basement at the foundation. I have 20% cash down available, but that would exhaust every penny I have. I have nothing more than that to do the minor repairs indicated on the city reports for the house. I already contacted a realtor, and they referred me to someone who can work with first time buyers for arranging financing. I have emailed her to ask what step(s) I should take next.