Buying A House: C or D?

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Be my neighbors! The houses on each side of my property are vacant and are deteriorating quickly after being abandoned by owners who were in various stages of rehabilitating them (one of them is basically just a frame with a brand new roof on it, and it's been like that since summer 2016—I expect it's just going to collapse on itself one day).

So yeah, my mortgage is affordable and I have no directly adjacent neighbors (plenty other people on the street, though, just not next to me), but I also think the value estimates don't take into account I live in a perfectly nice house between two should-be-condemned properties.

Johnny Fever, Saturday, 4 August 2018 15:02 (seven years ago)

The frustrating thing is that other houses all throughout the neighborhood have been rehabbed and quickly turned around for waaaaaaay more than I bought mine for. These two houses are just cursed or something.

Johnny Fever, Saturday, 4 August 2018 15:15 (seven years ago)

I would sit on it for at least five or six more years.

Sure, you'd make back on what you bought it for, but all you've really been paying since 2014 is your interest. Get some of that principal paid, sell it for 20% more or whatever, and you'll really feel like you've made some money.

pplains, Saturday, 4 August 2018 15:29 (seven years ago)

I actually keep looking at land in Winterville (near Athens). Is there ever going to be a train from athens to atlanta? I keep seeing things about it.

Yerac, Saturday, 4 August 2018 17:15 (seven years ago)

I wouldn't hold my breath. There's not even a straight shot on the Interstate from Athens to Atlanta.

Johnny Fever, Saturday, 4 August 2018 17:26 (seven years ago)

Every community has their second ave subway

YouTube_-_funy_cats.flv (Jimmy The Mod Awaits The Return Of His Beloved), Saturday, 4 August 2018 17:56 (seven years ago)

BLOODY solicitors!

Both times selling a property, we've had the normal solicitor go on holiday and older gentlemen fill in (different ones, apparently) who actually cannot use email or even look up anything basic on the internet.
Today he called and was reading random sentences of my own email of questions back to me in order to answer the same questions I was re-asking on the phone.

kinder, Monday, 6 August 2018 20:13 (seven years ago)

i already have a house that i love but this wonderful foursquare is on one of the most beautiful streets in town. i won't buy it but i want it. maybe a tad overpriced, it needs some cosmetic work, not hugely crazy about the kitchen updates but within the next 5 years i think this will be considered a great price for this house especially considering all the other houses are this street are gorgeous. we looked at a few on this street when we were house hunting and i regret not buying one there.

https://www.redfin.com/OH/Lakewood/1452-Northland-Ave-44107/home/70838312?utm_source=myredfin&utm_medium=email&utm_campaign=instant_listings_update&riftinfo=ZXY9ZW1haWwmbD04MTIyMjU0JnA9bGlzdGluZ191cGRhdGVzX2luc3RhbnRfMTUmdHM9MTUzMzg0NjkzMDY2OSZhPWNsaWNrJnM9c2F2ZWRfc2VhcmNoJnQ9aW1hZ2UmZW1haWxfaWQ9ODEyMjI1NF8xNTMzODQ2OTIwXzImdXBkYXRlX3R5cGU9MyZzYXZlZF9zZWFyY2hfaWQ9MTc4NzMyMjAmbGlzdGluZ19pZD04NjIzMjkzOCZwcm9wZXJ0eV9pZD03MDgzODMxMiZwb3NpdGlvbl9udW1iZXI9MQ==

marcos, Friday, 10 August 2018 16:15 (seven years ago)

That’s a Big Family house

YouTube_-_funy_cats.flv (Jimmy The Mod Awaits The Return Of His Beloved), Friday, 10 August 2018 19:03 (seven years ago)

jesus that's ugly inside. look at how the fridge sticks out, lol. nice porch tho.

illegal economic migration (Tracer Hand), Friday, 10 August 2018 20:31 (seven years ago)

it has *potential*

i love the gold brick foundation, all that gorgeous woodwork throughout

marcos, Friday, 10 August 2018 20:50 (seven years ago)

Extensive house hunting today, i day of three smells:

1) the awful cologne of estate agents
2) even worse scented candles
3) the carpet glue smell that hold down the awful cheap grey carpet that seems to have become a mandatory precursor to listing a house.

American Fear of Pranksterism (Ed), Saturday, 11 August 2018 06:57 (seven years ago)

two months pass...

moved in today. chaos obv but I am surprised at how good I feel. I didn't think I cared that much, but the thought I might never have to deal with a landlord again is incredible

ogmor, Wednesday, 17 October 2018 12:33 (seven years ago)

great stuff ogmor, congrats

just sold our house and had an offer accepted on a new place over the weekend, now plunged into the tedious world of arranging contracts, getting movers arranged &c &c

super-psyched to have more space into which i can expand my store of clutter over the next few years

himalayan mountain hole (bizarro gazzara), Wednesday, 17 October 2018 13:19 (seven years ago)

congrats ogmor & bg! good luck to you all

marcos, Wednesday, 17 October 2018 13:23 (seven years ago)

i'm digging my house a lot these days, though i already want to change the color of the walls on the first floor

marcos, Wednesday, 17 October 2018 13:24 (seven years ago)

ah, yes, new house means more scope for clutter, this is surely the true purpose of moving. what is a home but useful clutter? we've never really had to discuss home decor before and suddenly we have to work out our taste. a bit of painting is on the cards. the cats are spooked.

ogmor, Wednesday, 17 October 2018 13:40 (seven years ago)

Current circumstances mean this is in my thoughts at the moment.

First step: I have started segregating clutter.

Bimlo Horsewagon became Wheelbarrow Horseflesh (aldo), Wednesday, 17 October 2018 14:19 (seven years ago)

didn't you move not so long ago? hope all's ok

Here's my biggest biggest tip ever - get anything and everything agreed explicitly in writing with your buyers/sellers even if you assume it's obvious.

Certain people in our transaction are making my life a total misery.

kinder, Wednesday, 17 October 2018 15:38 (seven years ago)

5-6 years since last move, which was a drama.

This is... different. Not really in a position to talk about it yet except that it'll probably involve downsizing which is great for clutter management motivation.

Bimlo Horsewagon became Wheelbarrow Horseflesh (aldo), Wednesday, 17 October 2018 15:41 (seven years ago)

Hope you find your ideal place. <3

kinder, Wednesday, 17 October 2018 15:47 (seven years ago)

That's the problem, this a a huge thing which for me I'm sure will be the ideal place but Mrs aldo requires more of a leap of faith.

Location definitely doesn't have the same type of housing available and the best/easiest answer will involve somewhere smaller. Decluttering will be helpful beyond any need to do so to be honest, and I'll end up doing it anyway.

Bimlo Horsewagon became Wheelbarrow Horseflesh (aldo), Wednesday, 17 October 2018 17:59 (seven years ago)

we’ve been in a couple months now and have so far:
- repointed outside
- cleared gutters at front
- installed new bathroom
- sanded and varnished upstairs throughout
- plastered and painted upstairs throughout
- stripped all wallpaper
- repaired and reseated the double glazing

not sure what to do now. we had thought we were going to build an extension to connect the house to the garden but the architect has quoted figures which are substantially north of what we’d expected. if the garden was south facing (it’s NE) I would probably not balk because I know I would live there long enough (10+ years) to recoup but I’m in two minds. it’s hard to know how “bad” the garden is without having lived a summer with it. it’s quite long so should hopefully get some sun up the back till quite late on... ?

depressing

||||||||, Thursday, 18 October 2018 14:51 (seven years ago)

Have you weatherproofed everything for the winter?

Yerac, Thursday, 18 October 2018 15:22 (seven years ago)

seeing a lot of price drops in my hood, def starting to look like a buyers market again

Fedora Dostoyevsky (man alive), Thursday, 18 October 2018 15:23 (seven years ago)

there were articles last month about how nyc was cutting prices on the most listed apartments since 2006.

Yerac, Thursday, 18 October 2018 15:45 (seven years ago)

we have some original cupboards (edinburgh presses) and wardrobes (from 1927) and they are soooooo narrow. whyyyyyyyyyyyyy ? I can't even hang a suit in one e.g.

||||||||, Saturday, 20 October 2018 18:14 (seven years ago)

Yeah our last place had built-in wardrobes either side of the chimney breast but they're too shallow to hang anything sideways. hanging frontways plus shelves, was the answer.

kinder, Saturday, 20 October 2018 18:29 (seven years ago)

two months pass...

There are probably a million things wrong with this place (oh, that sliding glass door,) but there's also probably a billion cool things that are right.

https://www.realtor.com/realestateandhomes-detail/506-Sands-Ct_Gallup_NM_87301_M26502-77696#photo23

✈️✈️ (pplains), Friday, 28 December 2018 05:08 (seven years ago)

six months pass...

so today my neighbor's adult son, who is a handyman by trade and cleans his folks' yard every week, tells us that he believe's he's owed compensation for cleaning up leaf litter from the trees on my property that share a boundary with theirs. there are several trees and they drop a fair amount of debris, but nothing harmful to their property by what I understand to be the law in this kind of situation. They're not the friendliest people in the world, so this feels an awful lot like a shakedown. What am i supposed to do, pay him every week to keep his own yard clean?

― Scam jam, thank you ma’am (Sparkle Motion), Thursday, May 17, 2018 4:04 PM (one year ago)

For god's sake he's back at it, albeit this time not explicitly trying to get me to pay him. In the ensuing year, I've taken it upon myself to very tidily trim the hedge/privacy screen between us and his mother's property, trim the tree in my yard to about half the size it has been for the last 5 years, and remove all dead branches from the tree in my backyard that borders their property. Now yesterday he's out telling me that the tree planted by the city in front of my house is "a fire hazard". He's telling me I need to be responsible for the leaves it's dropping (it's a big magnolia and sheds huge leathery leaves regularly). "I don't know what the status is with your parents, but my parents can't be having all these leaves in front of their house. This is ridiculous." I tried to straight out ignore him but he kept going on about it. All I could manage to get out in a courteous manner was "you have the issue completely wrong and I'm done discussing it with you".

the public eating of beans (Sparkle Motion), Thursday, 11 July 2019 17:56 (six years ago)

one month passes...

Can I just say that buying a house is a major fucking dud.

American Fear of Pranksterism (Ed), Monday, 19 August 2019 09:24 (six years ago)

co sign. have you actually bought somewhere or are you in the purgatory of being in a chain?

kinder, Monday, 19 August 2019 12:35 (six years ago)

yes it’s chronic. even worse is buying a fixer upper

im led by donky (||||||||), Monday, 19 August 2019 12:43 (six years ago)

i can't believe i missed the new series of sparkle motion's neighbor's son.

Houses have too much maintenance.

Yerac, Monday, 19 August 2019 13:10 (six years ago)

I bought a new house two or three weeks ago--leaving the city, moving to a small town of 5,000 (with a Baseball Hall of Fame...not Cooperstown). The idea was to make retirement money on the changeover. I'm halfway there; got the new house for under my upper limit, now I have the anxiety of selling this one. I have till mid-November, at least. (The new house is really nice and not a fixer-upper, something I'm ill-equipped to do.)

clemenza, Monday, 19 August 2019 13:30 (six years ago)

Houses have too much maintenance.

it's true

i am not particularly handy and even if i was i don't really have the time. our upstairs bathroom door broke so we just didn't have a bathroom door for 6 months until my dad came over and fixed it

marcos, Monday, 19 August 2019 14:07 (six years ago)

let me recommend obtaining a teenage son, they love to fix shit and whatever they don't know how to do they just watch a youtube video and go for it

Guayaquil (eephus!), Monday, 19 August 2019 16:03 (six years ago)

hopefully the white nationalists / misogynists haven't figured out how to channel those videos into redpill land, but I'm not sure what I'd do if they have, I really need the help

Guayaquil (eephus!), Monday, 19 August 2019 16:04 (six years ago)

youtube videos are so valuable. I've diagnosed and fixed the ignitor on my stove, found out about the reset button on a stopped garbage disposal, opened a stuck front load washing machine door, redid all the caulk in my apartment from youtubes.

Yerac, Monday, 19 August 2019 16:18 (six years ago)

when the father in law vacates his full workshop im moving out west and working my way through the entiyah noo yenkee werkshaap

phil neville jacket (darraghmac), Monday, 19 August 2019 16:26 (six years ago)

Currently on year 3 or 4 of kitchen remodel

the public eating of beans (Sparkle Motion), Monday, 19 August 2019 16:56 (six years ago)

How old is the neighbor's son btw? Is he single?

Yerac, Monday, 19 August 2019 17:02 (six years ago)

ha! My guess is that he's over 50. The parents have to be He lives nearby, presumably, since he stops by their house often. He rides around on a bicycle with a trailer that carries his weedwhacker & leaf blower and wears a jumpsuit. I have no idea about any friends, partner he may have. He's very friendly but for this one particular topic

the public eating of beans (Sparkle Motion), Monday, 19 August 2019 17:18 (six years ago)

My dad's been my handyman since I bought my house in 2014, but he's 70 this year and I don't know how much longer I want him pushing himself too hard. Gonna have to start hiring people for shit soon.

Johnny Fever, Monday, 19 August 2019 18:23 (six years ago)

Today was day one of two solid months of going in and out of stores muttering, "Are there boxes here? Have you seen any boxes?"

clemenza, Monday, 19 August 2019 20:09 (six years ago)

I’m in the purgatory of having failed to buy several houses. The Australian system is, of course, nuts in that everything is sold as seen do if you don’t notice any defects before bidding that’s on you.

Flat 1 - went to auction, thought we had a good shot, budget sufficiently over the asking price in a down market, we thought, auction breezes past our limit
House 2 - get ready to bid on this, on final inspection, find some cracks in an outside wall that our building inspector missed, don’t bid, it goes for way under the asking price, someone got a bargain or a world of troubles, happy about not winning that
Flat 3 - EOI process, building inspector say building is about to come apart at the seams and points out a lot of defects, don’t bid, it goes for way over what we were prepared to pay for it
Flat 4 - current one, come back with a revised budget, EOI process, miss being first bidder so we have to bid blind and have no right to counter, scrape the bottom of the savings barrel to make an offer, prepared to do this because I’ve been doing this for a year and don’t want buying a house to become a lifestyle and I can go back to playing frisbee on Saturday mornings- to be continued

Seems like it is a great flat in a great building (former knicker factory) in an area we hadn’t originally considered. I know at least one person who lives in the building and we had a chat with the chair of the residents committee, it seems well run, unusually detailed and thorough accounts and minutes from the committee, possibly because the chair is an accountant.

American Fear of Pranksterism (Ed), Monday, 19 August 2019 21:04 (six years ago)

ah, I was thinking house vs apartment and houses being a bigger pain. Good luck!

Yerac, Monday, 19 August 2019 21:16 (six years ago)

I now have schrödingers flat.

American Fear of Pranksterism (Ed), Tuesday, 20 August 2019 01:53 (six years ago)

two months pass...

My bf has found a house he likes very much and wants to buy. I'm not so sure about it, for the following reasons...

1. the road is unadopted by the council and I don't like the idea of being liable for repairs in front of us/having them not done if neighbours won't pay. also it looks tatty and uneven imo, and iirc unlit

2. money worries - I think it'll be tighter than he's realised, as I think he's bunged our major outgoings into a mortgage calculator but not looked at the whole budget inc. food, bills, etc - but if I talk about budgets a finger-pointing argument about my minor extravagances will ensue, so meh
(we could both stand to tighten our belts a bit but also need to be realistic)

2a. not sure this is a good time to buy with Brexit

3. there are a few other small worries for me like a stained section of kitchen ceiling from a previous bathroom leak but "it's all fine now" say the owners and "it's probably fine, the house-buying survey will tell us if not" says my bf - hmm

However, it is the nicest thing we've seen within our budget locally - and pretty much the only thing still in that category as prices keep on going up.

Dunno what I'm asking here really. Any advice re decision-making? Anyone lived on an unadopted road? Is there any risk from old water damage that the survey may not turn up, or am I being needlessly paranoid?

a passing spacecadet, Wednesday, 23 October 2019 11:50 (six years ago)

Is there any risk from old water damage that the survey may not turn up

There's always a mold risk, but especially if there's been established water damage.

Johnny Fever, Wednesday, 23 October 2019 12:12 (six years ago)


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