An Exit Strategy
We bought our first home, “owner finance”, in 1987; because it was owner financed there was no bank to say we needed to have it inspected, and so we didn’t! We knew it was a fixer-upper, and due to our youthful ignorance, we assumed we were up to the task. But it didn’t take long to figure out it was also hazardous, in more ways than one. Our first Valentine’s dinner was bittersweet. Sweet because it was our first Valentine’s dinner in our own home, and bitter because as I was walking back toward the kitchen, I heard a whooshing noise under the floor. The ancient iron bar that protruded through the floor for turning off the water did not turn off the water. So on Valentine's Day Bruce had to crawl under the house with a flashlight to turn off the water! The old steel pipes had sprung a leak. But that was not all! Besides the old two pole wiring we saw in the attic, we also discovered that the house had had a serious fire. The original roof, which we...
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