I've been planning on moving to PA, the Lehigh Valley area. A few weeks ago, I found a house that my girlfriend and I absolutely loved. It's a 3 bedroom, 2 full bathroom brick and stone ranch. It is in the Dorneyville subsection of Allentown. For those familiar with this area of PA, it is just south of South Whitehall, on the western edge of Allentown. It's in the Parkland School District. It is about 0.3 miles from Dorney Park and Wildwater Kingdom. The neighborhood is extremely quiet, and the street it is on deadends into a cul-de-sac. The only traffic is from folks who live in the neighborhood.
The house was made in 1957, but owned by only 1 family the entire time. The woman is over 90 years old and kept the house in pristine condition. It has a brand new boiler as well as a brand new Carrier, Central Air/Heat Pump unit. The basement is gigantic and very dry. The ground floor as an eat-in kitchen, a dining room, a living room, and as mentioned 3 bedrooms. There is a main bathroom and a master bathroom. The master bedroom is a nice, large, 17x17 with a walk-in closet. The living room is 14x21 with a HUGE bay window. There is also a 2 car oversized heated attached garage. Yep, a heated garage. When we got it inspected, the inspector (who is also does appraisals) said the house was worth a good $300,000. He also said, that $10,000 invested in finishing the basement would immediately get you a return of $50,000. We are buying the house for $240,000.
So here is the news that got me jumping:
I just got off the phone with the mortgage dude at Wells Fargo.
I got the loan!
He's sending the confirmation letter out now. I'm so stoked. 5.875% on a 30 year fixed