[audio-pals] Re: Older Houses

  • From: Thomas McMahan <shadowmonstrosity@xxxxxxx>
  • To: audio-pals@xxxxxxxxxxxxx
  • Date: Sat, 14 Mar 2015 07:15:48 -0500

So she didn’t say something like “I don’t want to leave America” huh?  

Well I guess that is about the best treatment you could probably expect 
concerning the topic as apposed to her suddenly discovering a talent for 
throwing large objects or breakable objects at you *lol*.  

> On Mar 14, 2015, at 7:08 AM, Josh <lawdog911@xxxxxxxxxxx> wrote:
> 
> Well, I talked about the Tigers at first, but being that she is not a big 
> baseball fan in the firstplace much less a sports fan the conversation did 
> not go anywhere. So, I just jumped right into we should broaden our search… 
> oh to say somewhere like um well let me think and then I just without warning 
> threw Detroit out there *LOL*. She ignored me *LOL*. 
>  
> From: audio-pals-bounce@xxxxxxxxxxxxx 
> <mailto:audio-pals-bounce@xxxxxxxxxxxxx> 
> [mailto:audio-pals-bounce@xxxxxxxxxxxxx 
> <mailto:audio-pals-bounce@xxxxxxxxxxxxx>] On Behalf Of Thomas McMahan
> Sent: Friday, March 13, 2015 7:21 PM
> To: audio-pals@xxxxxxxxxxxxx <mailto:audio-pals@xxxxxxxxxxxxx>
> Subject: [audio-pals] Re: Older Houses
>  
> Well you must withhold the words Detroit and winter when applied to Michigan, 
> well at the first part of the discussion at least, or a halt will be called 
> by her to that whole topic *lol*.  
>  
> You could start it very vaguely by say talking about American league 
> baseball, although you have to figure out a way to move it along fairly fast, 
> just fast enough that she won’t get bored with that since that topic probably 
> really doesn’t interest her either.  But the word winter must be out of there 
> for a time, in fact if you can avoid that word entirely that would be a good 
> idea.  Let her be the one to bring that up, then you can blame it on her 
> *lol*.  
>  
>> On Mar 13, 2015, at 3:11 PM, Josh <lawdog911@xxxxxxxxxxx 
>> <mailto:lawdog911@xxxxxxxxxxx>> wrote:
>>  
>> How do you propose I begin this conversation then? *LOL* 
>>  
>> From: audio-pals-bounce@xxxxxxxxxxxxx 
>> <mailto:audio-pals-bounce@xxxxxxxxxxxxx> 
>> [mailto:audio-pals-bounce@xxxxxxxxxxxxx 
>> <mailto:audio-pals-bounce@xxxxxxxxxxxxx>] On Behalf Of Thomas McMahan
>> Sent: Friday, March 13, 2015 3:17 PM
>> To: audio-pals@xxxxxxxxxxxxx <mailto:audio-pals@xxxxxxxxxxxxx>
>> Subject: [audio-pals] Re: Older Houses
>>  
>> Well of course you two will work together, but her initial instincts I think 
>> will probably be good.  
>>  
>> But you can run this deal past her and see what she thinks.  Do not 
>> initially ask her how she likes winter times in Michigan, that would be 
>> getting off to the wrong foot probably.  
>>  
>>> On Mar 13, 2015, at 12:44 PM, Josh <lawdog911@xxxxxxxxxxx 
>>> <mailto:lawdog911@xxxxxxxxxxx>> wrote:
>>>  
>>> Hey if you can get me into Windows 10 if I buy the Detroit school building 
>>> then I am sure you will have yourself a deal as far as I am concerned, but 
>>> of course it will have to go through the boss and she is a harder sale. 
>>> There have been houses that I have walked into the sunroom or the garage 
>>> and was redy to buy, but she has balked. 
>>>  
>>> From: audio-pals-bounce@xxxxxxxxxxxxx 
>>> <mailto:audio-pals-bounce@xxxxxxxxxxxxx> 
>>> [mailto:audio-pals-bounce@xxxxxxxxxxxxx 
>>> <mailto:audio-pals-bounce@xxxxxxxxxxxxx>] On Behalf Of Thomas McMahan
>>> Sent: Friday, March 13, 2015 11:49 AM
>>> To: audio-pals@xxxxxxxxxxxxx <mailto:audio-pals@xxxxxxxxxxxxx>
>>> Subject: [audio-pals] Re: Older Houses
>>>  
>>> 10 isn’t ready for prime time yet is it?  Trying to get something before 
>>> market ready?  
>>>  
>>> Well the plastic part that is definitely doable.  
>>>  
>>>> On Mar 13, 2015, at 10:32 AM, Josh <lawdog911@xxxxxxxxxxx 
>>>> <mailto:lawdog911@xxxxxxxxxxx>> wrote:
>>>>  
>>>> Windows 10 and some plastic over the openings where windows to the outside 
>>>> use to be.
>>>>  
>>>> From: audio-pals-bounce@xxxxxxxxxxxxx 
>>>> <mailto:audio-pals-bounce@xxxxxxxxxxxxx> 
>>>> [mailto:audio-pals-bounce@xxxxxxxxxxxxx 
>>>> <mailto:audio-pals-bounce@xxxxxxxxxxxxx>] On Behalf Of Thomas McMahan
>>>> Sent: Friday, March 13, 2015 10:59 AM
>>>> To: audio-pals@xxxxxxxxxxxxx <mailto:audio-pals@xxxxxxxxxxxxx>
>>>> Subject: [audio-pals] Re: Older Houses
>>>>  
>>>> Windows 8 or 8.1?  
>>>>  
>>>>> On Mar 13, 2015, at 8:47 AM, Josh <lawdog911@xxxxxxxxxxx 
>>>>> <mailto:lawdog911@xxxxxxxxxxx>> wrote:
>>>>>  
>>>>> How about windows, can I at least have windows in my school building. I 
>>>>> would prefer to not think about the utility cost *LOL*.
>>>>>  
>>>>> From: audio-pals-bounce@xxxxxxxxxxxxx 
>>>>> <mailto:audio-pals-bounce@xxxxxxxxxxxxx> 
>>>>> [mailto:audio-pals-bounce@xxxxxxxxxxxxx 
>>>>> <mailto:audio-pals-bounce@xxxxxxxxxxxxx>] On Behalf Of Thomas McMahan
>>>>> Sent: Friday, March 13, 2015 9:20 AM
>>>>> To: audio-pals@xxxxxxxxxxxxx <mailto:audio-pals@xxxxxxxxxxxxx>
>>>>> Subject: [audio-pals] Re: Older Houses
>>>>>  
>>>>> The security in those old buildings may have already been stripped out, 
>>>>> as well as the pipes and wiring and everything else that can be taken.  
>>>>> But you would have a big place to live *lol*.  Can you imagine the 
>>>>> utilities?  
>>>>>  
>>>>>> On Mar 13, 2015, at 7:44 AM, Josh <lawdog911@xxxxxxxxxxx 
>>>>>> <mailto:lawdog911@xxxxxxxxxxx>> wrote:
>>>>>>  
>>>>>> I guess we will be packing up and moving to Detroit. I need to purchase 
>>>>>> me a school building. That will be good, Amanda will get her square 
>>>>>> footage she is looking for, her big kitchen i.e. the cafeteria, and 
>>>>>> Little Man will have a gymnasium. As for me, I just need to be able to 
>>>>>> access the roof and I can use that as a deck *LOL*. I have the guns and 
>>>>>> ammo to live in the area I do believe *LOL*. I wonder if I could ge the 
>>>>>> school system to throw in security or at least alarm system monitoring.  
>>>>>>  
>>>>>>  
>>>>>> From: audio-pals-bounce@xxxxxxxxxxxxx 
>>>>>> <mailto:audio-pals-bounce@xxxxxxxxxxxxx> 
>>>>>> [mailto:audio-pals-bounce@xxxxxxxxxxxxx 
>>>>>> <mailto:audio-pals-bounce@xxxxxxxxxxxxx>] On Behalf Of Thomas McMahan
>>>>>> Sent: Thursday, March 12, 2015 2:08 PM
>>>>>> To: audio-pals@xxxxxxxxxxxxx <mailto:audio-pals@xxxxxxxxxxxxx>
>>>>>> Subject: [audio-pals] Re: Older Houses
>>>>>>  
>>>>>> Why didn’t you tell us you lived in Chicago?  Sounds very much the same 
>>>>>> as it is up there.  
>>>>>>  
>>>>>> Hey Josh, I just thought of another option.  There are lots of houses 
>>>>>> available in Detroit.  Heck you can probably buy yourself a school 
>>>>>> building there.  That would be a big house for you.  Utilities might be 
>>>>>> a little high though.  
>>>>>>  
>>>>>>> On Mar 12, 2015, at 11:57 AM, BethAnn LaPresta (Redacted sender 
>>>>>>> "bela28_02@xxxxxxxxx <mailto:bela28_02@xxxxxxxxx>" for DMARC) 
>>>>>>> <dmarc-noreply@xxxxxxxxxxxxx <mailto:dmarc-noreply@xxxxxxxxxxxxx>> 
>>>>>>> wrote:
>>>>>>>  
>>>>>>> My house is in a neighborhood that is definitely considered "the hood". 
>>>>>>>  I refinanced in January at $130K and my payment is about $800/mo.  My 
>>>>>>> property taxes are spendy though, over $2K per year, so that adds 
>>>>>>> almost $200/mo right there.  They tossed 26 of my cottage style single 
>>>>>>> detached homes on little 3900 sq ft. lots, so our cul-de-sac is very 
>>>>>>> busy with all of us stacked up right against each other.  But, living 
>>>>>>> out west, things cost much more, it is shocking actually.
>>>>>>>  
>>>>>>> I could've purchased a 100 yr. old home where Heather lives in Ohio 
>>>>>>> with about the same size lot for $60K, just to give perspective.  The 
>>>>>>> guy who got himself into trouble with my house paid $263K for it in 
>>>>>>> 2006 when real estate prices were obscene out here.  Because he was 
>>>>>>> short selling the home, I was able to get it for just $110K in 2011.  A 
>>>>>>> house on my street has just gone up for sale and they're asking $200K 
>>>>>>> for 3 bedrooms (and they are tiny), 2 baths with one car detached 
>>>>>>> garage.  So, if I need to sell, I should still be able to make a little.
>>>>>>>  
>>>>>>> Thought I should explain my monthly payment since I was saying I didn't 
>>>>>>> think the $600/mo. seemed like enough.
>>>>>>>  
>>>>>>> From: Thomas McMahan <shadowmonstrosity@xxxxxxx 
>>>>>>> <mailto:shadowmonstrosity@xxxxxxx>>
>>>>>>> To: audio-pals@xxxxxxxxxxxxx <mailto:audio-pals@xxxxxxxxxxxxx> 
>>>>>>> Sent: Thursday, March 12, 2015 9:23 AM
>>>>>>> Subject: [audio-pals] Re: Older Houses
>>>>>>>  
>>>>>>> Oh mine btw was $162, because we’re cheap!  *lol*.  Then it went down 
>>>>>>> to $150 then down to $128, but again we’re cheap and live in a piece of 
>>>>>>> s— house, but as Pat used to say, “it’s our piece of S— *lol*.  
>>>>>>>  
>>>>>>> 
>>>>>>>> On Mar 12, 2015, at 10:12 AM, BethAnn LaPresta (Redacted sender 
>>>>>>>> "bela28_02@xxxxxxxxx <mailto:bela28_02@xxxxxxxxx>" for DMARC) 
>>>>>>>> <dmarc-noreply@xxxxxxxxxxxxx <mailto:dmarc-noreply@xxxxxxxxxxxxx>> 
>>>>>>>> wrote:
>>>>>>>>  
>>>>>>>> I am not sure that $600/month figure is accurate.  I just refinanced 
>>>>>>>> at 3.25% and my payment is $800/mo. (this does include property taxes 
>>>>>>>> and insurance though).  
>>>>>>>>  
>>>>>>>> From: Josh <lawdog911@xxxxxxxxxxx <mailto:lawdog911@xxxxxxxxxxx>>
>>>>>>>> To: audio-pals@xxxxxxxxxxxxx <mailto:audio-pals@xxxxxxxxxxxxx> 
>>>>>>>> Sent: Thursday, March 12, 2015 4:44 AM
>>>>>>>> Subject: [audio-pals] Re: Older Houses
>>>>>>>>  
>>>>>>>> Amanda did some figuring using a mortgage calculator online and the 
>>>>>>>> 120,000 house was going to run us roughly 600 something a month for I 
>>>>>>>> want to again say it was 1700 sq. ft. We currently live in a 1100 sq. 
>>>>>>>> ft. apartment and pay 714.00 a month. So, given the differences there 
>>>>>>>> and the fact that we have nothing to show for it at the end of the 
>>>>>>>> year is a little much in my book. So, if the 120,000 was going to be 
>>>>>>>> 600 something it would go to reason that the 112,000 would be less 
>>>>>>>> money than that. Now, as far as utilities go, Knoxville Utilitiy Board 
>>>>>>>> (KUB) will give us high and low figures for the last 12 months. The 
>>>>>>>> last 12 months is a good thing providing there has been someone living 
>>>>>>>> in the house, but if the house has sat empty then the numbers that KUB 
>>>>>>>> quotes are not in the least bit accurate. I really like the idea of 
>>>>>>>> rolling insurance and taxes into the monthly payment so that way at 
>>>>>>>> the end of the year or whenever land taxes are due we are not hit with 
>>>>>>>> a big lump sum of money to pay. Sure it would be nice to think that I 
>>>>>>>> could just put that money back each month and not touch it, but the 
>>>>>>>> minute something needs to be paid for guess where the land tax money 
>>>>>>>> goes that was being put bac into an account. If it is figured into the 
>>>>>>>> monthly payment then for the most part the majority of it will be paid 
>>>>>>>> throughout the year. The thing that really sucks is that stinking PMI 
>>>>>>>> payment each month.   
>>>>>>>>  
>>>>>>>>  
>>>>>>>> 
>>>>>>>> From: audio-pals-bounce@xxxxxxxxxxxxx 
>>>>>>>> <mailto:audio-pals-bounce@xxxxxxxxxxxxx> 
>>>>>>>> [mailto:audio-pals-bounce@xxxxxxxxxxxxx 
>>>>>>>> <mailto:audio-pals-bounce@xxxxxxxxxxxxx>] On Behalf Of Thomas McMahan
>>>>>>>> Sent: Thursday, March 12, 2015 4:58 AM
>>>>>>>> To: audio-pals@xxxxxxxxxxxxx <mailto:audio-pals@xxxxxxxxxxxxx>
>>>>>>>> Subject: [audio-pals] Re: Older Houses
>>>>>>>>  
>>>>>>>> I accidentally hit the send before cleaning up that mail darn it.  
>>>>>>>>  
>>>>>>>> Here’s another little exercise to work on.  Lets say you guys decide 
>>>>>>>> to go for this house.  You should have a ballpark of the monthly 
>>>>>>>> payment.  Sit down and plot out a budget around it on one paper, as 
>>>>>>>> well as a list of possible repairs to do on another list and their 
>>>>>>>> costs.  Yes a house payment can be cheaper than rent, but their are 
>>>>>>>> other realities such as the taxes, and insurance.  Are you going to 
>>>>>>>> escrow your insuranc and tax payments into your house payment?  Most 
>>>>>>>> people do that and it usually works out well until they assess your 
>>>>>>>> house taxes up and then you have to make up the short fall.  Of course 
>>>>>>>> if they assess them downward you get a chunk of money back in the mail 
>>>>>>>> like my sister-in-law has done the past two years.  I didn’t escro my 
>>>>>>>> other payments.  I deal with insurance as I would any other utility, 
>>>>>>>> and we would do our taxes on our own.  Because of that I now pay my 
>>>>>>>> insurance once a year and it’s cheaper, and once the house was paid 
>>>>>>>> for there was less entanglement with the bank.  I even removed the 
>>>>>>>> automatic withdraw for house payment because they double dipped us a 
>>>>>>>> couple of different months, and didn’t have a very good explanation as 
>>>>>>>> to why.  So it put us into over draw land, which isn’t a place you 
>>>>>>>> want to be.  They did the same to my sis-in-law too and she went in 
>>>>>>>> and practically threw a fit because she wasn’t working at the time and 
>>>>>>>> didn’t have income yet.  They refunded her money on that one, but as 
>>>>>>>> she asked them, “now how am I supposed to pay the rest of my bills?  
>>>>>>>> You think you guys are my only bill to pay?”  Banks and their 
>>>>>>>> computers can be sloppy sometimes.  
>>>>>>>>  
>>>>>>>> Now when you do your budget here’s another game to play which may be 
>>>>>>>> beneficial.  Can you run your whole budget on one income?  Everybody 
>>>>>>>> that lives as a couple should do this whether renting or paying for a 
>>>>>>>> house.  Most of us find we can’t, but it is a nice goal.  The guy we 
>>>>>>>> had going along with us to check out houses etc and sort of pointed 
>>>>>>>> and guided us along through the process gave us that little bit of 
>>>>>>>> wisdom.  As he said, what happens if Pat loses her job and can’t get 
>>>>>>>> one very fast?  Can you live on just your income alone, because if you 
>>>>>>>> can get to that point, then you can start paying extra against your 
>>>>>>>> house on it’s principle and have more paid off faster which is good 
>>>>>>>> for the credit rating, but if you decide to move in 20 years you are 
>>>>>>>> carrying less of a load thus will get more money back to leverage 
>>>>>>>> against your next place should you decide to do that.  Or you can both 
>>>>>>>> pay some extra on house and car, then put the rest in the bank against 
>>>>>>>> major repairs which are going to come even if you buy a house that was 
>>>>>>>> built today, in 30 years you will have to had to replace things, they 
>>>>>>>> just don’t build stuff that good anymore and sometimes that includes 
>>>>>>>> homes btw.  
>>>>>>>>  
>>>>>>>> Lots of decisions, but at least it looks like you guys aren’t just 
>>>>>>>> jumping right and grabbing what shines in front of you which is good.  
>>>>>>>>  
>>>>>>>> Btw, I don’t think our budget is currently within the lowest income 
>>>>>>>> level of the house here at this time which would be Patti’s income, 
>>>>>>>> although it’s not way above that amount.  It is a good goal to work 
>>>>>>>> for actually, so we will be able to start seriously working on this 
>>>>>>>> place.  Get a lot of little stuff done over time, then do a loan down 
>>>>>>>> the road and fix the major stuff such as re doing the roof etc.  I 
>>>>>>>> don’t think I am going to lift the house and work on foundation, but 
>>>>>>>> it would be nice to do actually.  
>>>>>>>>  
>>>>>>>> But it’s a good exercise to do.  I would run it on your income Josh 
>>>>>>>> because it is likely to always be there and Amanda’s income is the 
>>>>>>>> variable one, it can be lower if she’s out of work, but can also be a 
>>>>>>>> lot higher should land a great paying job.  Drop in everything, credit 
>>>>>>>> cards the whole deal, then figure out once you get to where you’re 
>>>>>>>> going which angles to cover and get paid off in the budget.  
>>>>>>>>  
>>>>>>>> I am guessing you guys have done some of this already though in 
>>>>>>>> preparing for checking out the housing market and talking to lenders 
>>>>>>>> because they are going to do roughly the same thing when checking your 
>>>>>>>> credit etc.  Especially if it’s a conservative bank.  
>>>>>>>>  
>>>>>>>> Now I think I’ve completed all I was going to say.  Took two e-mails, 
>>>>>>>> but if I had been able to clean up the other one first it would have 
>>>>>>>> fitted into one probably *lol*.  
>>>>>>>>  
>>>>>>>> Instead you get two.  
>>>>>>>>  
>>>>>>>>> On Mar 12, 2015, at 3:34 AM, Thomas McMahan 
>>>>>>>>> <shadowmonstrosity@xxxxxxx <mailto:shadowmonstrosity@xxxxxxx>> wrote:
>>>>>>>>>  
>>>>>>>>> Wouldn’t worry about a house on market for 5 months.  Most around 
>>>>>>>>> here are on a year or so.  To many deals fall through each time that 
>>>>>>>>> happens that just adds more time that the house is sitting there.  
>>>>>>>>> Age, is only a problem if the house hasn’t been kept up and 
>>>>>>>>> modernized over the years.  There are people who prefer older houses 
>>>>>>>>> simply because they are more solid.  The house I live in was placed 
>>>>>>>>> here in 1922.  Yes it came from somewhere else.  The house next door 
>>>>>>>>> is older and was also brought in here from another place too.  Fairly 
>>>>>>>>> common in a town that springs up by a railroad.  I wouldn’t worry so 
>>>>>>>>> much about that as apposed to how it’s fundamentally built, there are 
>>>>>>>>> a lot of newer places that are likely to give you just as much 
>>>>>>>>> trouble if not more.  
>>>>>>>>>  
>>>>>>>>> Any house is going to have ongoing mantainence of some kind.  Sided 
>>>>>>>>> house are nice but siding fades over the years for example and 
>>>>>>>>> eventually would need replacing.  Wooden houses have their things 
>>>>>>>>> that have to be done, and so would brick, but brick is the best 
>>>>>>>>> option as far as I’m concerned accept maybe when a big earthquake 
>>>>>>>>> comes, then I would favor a wooden house, but what are the chances of 
>>>>>>>>> that huh?  
>>>>>>>>>  
>>>>>>>>> I don’t know the market down there anymore so don’t know if that is a 
>>>>>>>>> low ball figure on that house or not, but I can tell you it is larger 
>>>>>>>>> than mine is and mine is two stories, but so is it’s price too.  
>>>>>>>>>  
>>>>>>>>> Go through it with a fine tooth comb with the idea of what has to be 
>>>>>>>>> fixed now, and then in the next 5 years and what would be ongoing 
>>>>>>>>> over the years, I don’t think for the long term ongoing it will be 
>>>>>>>>> much different than a 10 year old house verses the 60 year old house, 
>>>>>>>>> but agin it is a matter of what would immediately have to be worked 
>>>>>>>>> on.  When was the house last occupied too?  A house that hasn’t been 
>>>>>>>>> occupied for a good while can have problems such as drainage because 
>>>>>>>>> they haven’t been flushed etc.  It sounds like you already have 
>>>>>>>>> someone with you who knows how to examine a foundation well and give 
>>>>>>>>> you an idea of what would have to be done and when which is good.  
>>>>>>>>> Same with tuck pointing brick etc.  
>>>>>>>>>  
>>>>>>>>> It may be sitting on market because folks think it’s to high also, 
>>>>>>>>> but you are going to drop in a price and they will take it or leave 
>>>>>>>>> it, or you both the buyer and seller will eventually come up with 
>>>>>>>>> something in the middle, or the seller is going to have an empty 
>>>>>>>>> house on their hands.  
>>>>>>>>>  
>>>>>>>>> What heating and cooling does it have, and when was it installed too 
>>>>>>>>> that is a factor, a 30 year old furnace is getting kind of old in 
>>>>>>>>> this part of the world, but most of our furnaces are gas and they do 
>>>>>>>>> have to work pretty hard for a good part of the year.  Does it have 
>>>>>>>>> any chimnies, and where do they run through the house.  Ones that run 
>>>>>>>>> through centers of houses on the surface are nice, but when they have 
>>>>>>>>> to be worked on they are a lot more work.  Of course where you live a 
>>>>>>>>> lot of homes are electric heat and electric water heat, which is 
>>>>>>>>> another thing to add to your check list, how old is the water heater 
>>>>>>>>> and when will you be replacing that.  A brand new house obviously you 
>>>>>>>>> would get to wait a while before doing that, but chances are you 
>>>>>>>>> would have to do it eventually, or have your price knocked down when 
>>>>>>>>> you are selling it, or when your descendants are selling it.  But 
>>>>>>>>> that goes with any house again.  
>>>>>>>>>  
>>>>>>>>> What neighborhood is it in?  How accessible is it to you.  Pretend 
>>>>>>>>> Amanda had to leave town for a Month and start your math, what is 
>>>>>>>>> easy to get to via walking etc.  Maybe that isn’t a problem for you 
>>>>>>>>> at this moment, but life can always hand you changes, and well, next 
>>>>>>>>> thing you know, you are walking to the grocery store if you know what 
>>>>>>>>> I mean.  
>>>>>>>>>  
>>>>>>>>> Find out what their highest bills were for each utility in the last 
>>>>>>>>> year it was occupied if you can, you need that in planning a general 
>>>>>>>>> budget.  I don’t know your property tax situation anymore, but here 
>>>>>>>>> they just give an estimate from the seller, but the problem is, that 
>>>>>>>>> if the sell lived in the house for a long time you might get a little 
>>>>>>>>> surprise when the annual taxes come.  Our’s wasn’t a surprise because 
>>>>>>>>> the previous owner hadn’t lived or owned the house for to long.
>>>>>>>>>  
>>>>>>>>> So it becomes also a matter of do you get a house that you won’t have 
>>>>>>>>> to do any work or as little work as possible on, verses one that may 
>>>>>>>>> have to have some work done, or one that is a fixer upper.  We bought 
>>>>>>>>> a fixer upper, but when we bought it was a seller’s market, it 
>>>>>>>>> definitely isn’t that nowadays, so we went for a house we knew we 
>>>>>>>>> could likely get.  Well the trade off is that it’s needed work done 
>>>>>>>>> on it and still does actually, but likely we would at least get some 
>>>>>>>>> money back when we sell it.  Maybe not a lot but probably some when 
>>>>>>>>> all is said and done, and of course the sell of this place could be 
>>>>>>>>> the lverage to getting a better place.  It’s probably what you 
>>>>>>>>> parents did, if not them then your grand parents did, that is more 
>>>>>>>>> the normal thing in history.  Well up until recently where you have 
>>>>>>>>> people who expect to buy a brand new house that is larger than what 
>>>>>>>>> their parents owned as their first house.  Well if it can be swung, 
>>>>>>>>> go for it, but to me it’s a little unrealistic, well to my income 
>>>>>>>>> level it is *lol*.  
>>>>>>>>>  
>>>>>>>>> What appliances are already there, and how quickly do you think you 
>>>>>>>>> will be having to replace say: stove, washer, or more of a bear 
>>>>>>>>> dishwasher?  What about cabinetry etc, is Amanda happy with that, 
>>>>>>>>> having that done can also be expensive unless you have someone who 
>>>>>>>>> works with you to give you a break.  How much stuff will you guys do 
>>>>>>>>> on your own for modifications verses having to hire outsiders.  So 
>>>>>>>>> yes the advantage of a new place is that you won’t have to do that, 
>>>>>>>>> but I guarantee you will pay up front for that, but that is why newer 
>>>>>>>>> houses don’t stay on market long.  
>>>>>>>>>  
>>>>>>>>> So then it falls back to degree of work and mantainence that has to 
>>>>>>>>> be done.  
>>>>>>>>>> On Mar 11, 2015, at 9:41 PM, Josh <lawdog911@xxxxxxxxxxx 
>>>>>>>>>> <mailto:lawdog911@xxxxxxxxxxx>> wrote:
>>>>>>>>>>  
>>>>>>>>>> Hello,
>>>>>>>>>>   We are finding tons of older houses that we absolutely love. When 
>>>>>>>>>> I say older I am talking 1950’s. I am struggling with this a bit 
>>>>>>>>>> though because I am looking ahead, past when I am living there. Or 
>>>>>>>>>> rather to the point that I am ready to not live there anymore. So, 
>>>>>>>>>> when I get to the point of not wanting to live there anymore it 
>>>>>>>>>> could be 10, 20, 30 or more years down the road, but I am sure there 
>>>>>>>>>> will come a time that I am ready to move on. If this is not the case 
>>>>>>>>>> and I stay there until I die then it is not a concern, However, a 
>>>>>>>>>> 1950 house that I live in for 20 years will then be 85 years old. I 
>>>>>>>>>> know the specific house that we are looking at has been on the 
>>>>>>>>>> market for right about 5 months. So, what do you all think, do you 
>>>>>>>>>> think I would have trouble selling an 85 year old home? It is on the 
>>>>>>>>>> market for 5 months at the age of 65 years old. It is right about 
>>>>>>>>>> 112,000.00 right now without negotiating a lower price. Do you think 
>>>>>>>>>> I would be able to get my money back? If it is not a major concern, 
>>>>>>>>>> the age of the house, then I will not let it sway my decision, but 
>>>>>>>>>> taking into consideration that it is an all brick rancher with over 
>>>>>>>>>> 1700 sq. ft. and it is almost 100,000.00 and still on the market 
>>>>>>>>>> concerns me regardless how beautiful the house seems right now.      
>>>>>>>>>>    

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