[audio-pals] Re: Older Houses
- From: Thomas McMahan <shadowsmaster@xxxxxxx>
- To: audio-pals@xxxxxxxxxxxxx
- Date: Mon, 16 Mar 2015 15:29:22 -0500
Oh your marriage isn’t fully accessible then where you get an announcement that
you’re getting the look huh? Pat used to announce that to me for some reason.
I wouldn’t think I would have done anything to get such a thing since I am
such a dull bland and borring guy. But managed to get a few of them, well a
lot of them actually.
> On Mar 16, 2015, at 3:01 PM, Josh <lawdog911@xxxxxxxxxxx> wrote:
>
> Nope, only silence *LOL*. I speculate that there may have been a look shot at
> me, but Little Man was not present when I brought the topic up to let me know
> exactly what look I may hve gotten *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: Saturday, March 14, 2015 8:16 AM
> To: audio-pals@xxxxxxxxxxxxx <mailto:audio-pals@xxxxxxxxxxxxx>
> Subject: [audio-pals] Re: Older Houses
>
> 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
>> <mailto: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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