Ix-nay on the Offer-yay

Yep, we jumped the gun on this one. It was a sweet old house, like I said in previous posts. We had an inspection done today and all the dreams were - not shattered - but cracked. It's a bit more than we wanted to get a mortgage for, but we were willing to get it, and do some renovating with cash. Now it needs a completely new roof, new deck, plumber check for all the amateur plumbing in the basement, a replacement for the 40-year-old furnace, etc. We also didn't love the garage/carport in the back of the muddy yard arrangement, but we were willing to work with it, perhaps putting in a driveway and garage at the front of the property eventually. But with all those other things added to the list, suddenly the garage project was too expensive and would have to wait indefinitely. It simply became unacceptable. I'm sad it took us $325 to figure out what we instinctively knew already: that it was more expensive than we wanted to go with, and that it was an old house that would need a lot of maintenance. You'd think we would be more wary of an old house in need of repairs, since that was our last house situation as well. Next time we will be more realistic when looking at the "full" cost of a house (I hope).