As many of you may know (if you read this regularly) we were under contract to buy a house (352 E Westminster). We thought it was such an answer to our prayers. It was in our current ward (which we love), still close to work and school, in our price range and appeared to need just a few coats of paint.
After our inspection last week, we discovered a few small things that needed to be repaired but those fell under the additional $$$ the seller was willing to give us. The inspector also handed us a baggy of the insulation and told us it may contain asbestos materials and although it is very common in older homes, we may want to have it tested because once air born, the product is known to cause cancer.
Feeling cautious, we had it tested; it tested positive for asbestos. A few removal bids later and a firm "no" from the seller on helping to pay to have it removed-We decided to walk away. At almost $6,000 dollars to remove and having to be out of the house for a week, we knew it was something we couldn't afford and didn't want to risk being a safety issue.
So we are definitely in mourning right now. With Cole's internship at Goldman this summer, we may not qualify for the same amount of funding (or at all) because he is technically "unemployed".
However, I am confident we did everything we could, so now we just wait. We are supposed to be out of our current apartment by August 1, so let us know if you know of any great places to rent!