08-05-2022, 10:29 AM | #691 | |
Zilvia Addict
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I had about 3 houses over the course of the past 2 years that I am extremely pissed about not getting. First one I was the highest bidder initially. When I was told my offer wasn't picked I called the listing agent, offered more money, ultimately 40k over the next highest bidder but they still stuck with the other offer because they waived every inspection and I wanted inspections. Second one I lost it to someone from New York. They were able to outbid me by a lot, ultimately paying 70k more than what I offered. Don't ask me how I know where they came from LOL. Last one, which really hurts the most, was one that actually had many price drops. It was the perfect specs, but needed work. My father actually talked me out of it. My girlfriend was thrown off by the taxes. I didn't put enough effort in trying to convince her that we should do it. This was a house I would have stayed in forever and put the work in. I ultimately didnt make the offer and about 3 weeks later someone else paid 40k over what I would have gotten it for had I signed the offer letter. |
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08-05-2022, 11:18 AM | #692 |
Yes, I look like that
Join Date: Mar 2002
Location: In my supervillain's lair
Posts: 27,977
Trader Rating: (19)
Feedback Score: 19 reviews
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I dig it, I was walking around with a Rocket Mortgage pre approval which I would learn is only second to cash as far as what sellers' agents want to deal with.
One of the houses was legit about 2mi from my old place and morning of the day we were going to view it my agent texted me and the wife like "they had what the agent described as a 'ridiculous' offer," and asked if we even wanted to bother. Usually where we were losing was on the Due Diligence up front cash to even get the seller under contract because we still had my old house sale pending. This house stayed available because the seller had been a caregiver to her father with dementia so it was marked basically like a group home with exit signs and all kinds of placards and shit. She removed the weird stuff and offered concessions for paint and a bunch of other shit I was gonna do myself. It still appraised $12.5 under our contract price and she ate that. It's been 9.5mo, we added a fence around the back literally while sitting at the closing table and I got my big dog in December. Every room had been painted and all wallpaper removed by Thanksgiving. We added a patio in June. My neighbors are a dream and two even pay me for their yards based on mine. |
08-05-2022, 11:27 AM | #693 | |
Zilvia Junkie
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And your neighbors pay you for their yards? I didn't read the whole thread, so there may be some context I'm missing. |
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08-05-2022, 12:02 PM | #694 | |
Yes, I look like that
Join Date: Mar 2002
Location: In my supervillain's lair
Posts: 27,977
Trader Rating: (19)
Feedback Score: 19 reviews
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I said that after rehabbing the shithole of crab grass that my front yard was before I got here, two of my neighbors now pay me to do THEIR yards. It's a nice little side hustle that doesn't take much effort since I don't need to leave my street. |
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08-08-2022, 08:37 AM | #695 |
Yes, I look like that
Join Date: Mar 2002
Location: In my supervillain's lair
Posts: 27,977
Trader Rating: (19)
Feedback Score: 19 reviews
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Update on the wall/home gym project...
(my sister crocheted the 6ft Niners banner. One can be yours, whatever team necessary, for a cost) The bins and boxes with my hotwheels there will be moved when I get a utility cart next to them moved to the storage building. Then I will add a preacher curl bench and a t-bar row station to the bottom of one of those studs. So far so good. |
08-08-2022, 10:46 AM | #696 |
Post Whore!
Join Date: Oct 2013
Location: Western Mass.
Posts: 2,607
Trader Rating: (3)
Feedback Score: 3 reviews
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Market sucks. I'm afraid to take the plunge, and I hate overpaying. Wish I had taken the risk 5 years ago like all my friends instead of trying to be "responsible and saving more money"
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08-11-2022, 07:02 PM | #697 | ||
Future Moderator
Join Date: Jun 2007
Location: Places
Age: 36
Posts: 12,903
Trader Rating: (17)
Feedback Score: 17 reviews
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Everyone loves to talk equity but even if I sold and made 200K I'd have to buy a house and could not find anything remotely near what I got for quite a bit more than I paid. All these fucking houses being made into rentals and air b and b's.
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08-11-2022, 07:10 PM | #698 | |
Post Whore!
Join Date: Mar 2009
Location: Maricopa, AZ
Age: 33
Posts: 7,721
Trader Rating: (10)
Feedback Score: 10 reviews
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It's so frustrating man. I've changed jobs 3 years ago to increase my pay, I had to move closer to said job and yeah the COL was higher but my wage increase offset it by enough that I was still taking home more money.
Since then the houses here have just rocketed up and pay has not nearly gone up even close to enough where i can't even afford to buy a house around me anymore. And they keep raising my rent every single year too. I make more money now than I did three years ago but after bills are paid I have even less money in my pocket... Idk what to do anymore. Quote:
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08-22-2022, 12:15 PM | #699 |
Post Whore!
Join Date: Aug 2005
Location: SoCal
Age: 34
Posts: 4,719
Trader Rating: (10)
Feedback Score: 10 reviews
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whelp, looks like Zilvia is back and most of us are old now lol.
Moved out of California because running my shop there was basically getting more and more difficult. came to Texas, bought house number 2 (house number 1 in California is being used by my parents since they are building their retirement home in Mexico). not stoked to have HOA, not stoked to be in a track home / development / copy and paste ordeal. BUT after hunting for 8 months and getting outbid on pretty much everything I said screw it. One thing I did notice when buying houses was the amount of "investors" coming in hot and basically ruining chances for new home buyers. Several times, i was looking at houses in new neighborhoods where couples would show up, "these houses are cute, we will take 3" not joking or exaggerating. Either way, long term plans are to rent this house and buy myself a nice piece of land, maybe further north closer to my machine shop in the DFW area. would really like to have my shop in an adjacent lot to my house or something of that sort. currently commuting about 40 minutes one way to the shop from home and it's not the business but had to get away from renting. the apartment i was renting went from $1,350/mo to $2400 in the matter of one year. SO while I am paying a mortgage on a home I'm not 100% stoked on, I'm not throwing my money away paying someone else's mortgage. |
10-17-2022, 01:24 PM | #700 |
Yes, I look like that
Join Date: Mar 2002
Location: In my supervillain's lair
Posts: 27,977
Trader Rating: (19)
Feedback Score: 19 reviews
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If you have a minute, I undertook a small backyard project this weekend...
Full details posted over on my website. |
10-17-2022, 03:58 PM | #701 | |
Post Whore!
Join Date: Sep 2003
Location: Lake Stevens, WA
Age: 41
Posts: 2,657
Trader Rating: (20)
Feedback Score: 20 reviews
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04-26-2023, 09:09 AM | #705 |
Yes, I look like that
Join Date: Mar 2002
Location: In my supervillain's lair
Posts: 27,977
Trader Rating: (19)
Feedback Score: 19 reviews
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Valid thread-bumping activity with necessary lawn porn...
We've been in the house 18mo now and I have the lawn challenges properly figured out now and I am working toward establishing dominance. Technically only everything to the left of that pole is mine but since my neighbor pays me to cut her grass too, our agreement is that everything to the edge of her driveway will be treated and cut with mine. She doesn't care for the geometry and fun shapes of mine, she just wants her shit neat. |
04-27-2023, 07:34 AM | #707 |
Nissanaholic!
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Bought my first property late last year. beautiful .25 acre lot in an established neighborhood in the northwest side of town. House demolished due to fire damage, slab survived and is ready to use. Will have to build around the foundation already inplace, but I can live with that. It's good to own land without a mortgage
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04-27-2023, 05:23 PM | #708 |
Nissanaholic!
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is there any reason to reuse the foundation? unless you know for certain that the fire did not heat the concrete, there is probably gonna be inconsistencies in the strenght of the concrete that was heated...not something i would want to risk/save money on
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04-28-2023, 07:48 AM | #709 |
Nissanaholic!
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to save a lot of money of course, but only after an engineer comes out to evalueate it, otherwise the city wouldnt even allow construction...
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04-29-2023, 07:18 AM | #710 | |
Zilvia Addict
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If the slab isn?t THAT big, you can essentially ?rebuild? the house but use that slab for the garage or something. Then the new slab poured right next to it can be your house. I went to look at a house with that exact scenario. The reason they did that was because of cheaper taxes, however I don?t know if your area is going to reassess it with the new covid pricing. The house I?m talking about was ?rebuilt? in 2012. My area did new assessments this past September out of the blue. Either way, I?d be cautious. I don?t know how bad the fire could have affected it. I?d get multiple inspectors out there to look at it. If it?s not 100% perfect, don?t use it for your home. |
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