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House
Jul 1, 2015 11:49:17 GMT -5
Post by NYPinTA on Jul 1, 2015 11:49:17 GMT -5
I'm trying to get one.
Looked at one a few days ago about a block away from where I'm living now. It was both a horror show and adorable at the same time. If I had a contractor I trusted it would have been something I would have considered, except for having no off street parking and being right on the main street. :/ Then another house I was interested in that was absolutely PERFECT and had only been on the market for two days turned out to be already under contract when the real estate agent tried to schedule a showing.
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House
Jul 1, 2015 11:50:55 GMT -5
Post by NYPinTA on Jul 1, 2015 11:50:55 GMT -5
And of course any other houses I like or are in neighborhoods I like are about 20-40 thousand too much.
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House
Jul 1, 2015 16:38:39 GMT -5
Post by Lord Loser on Jul 1, 2015 16:38:39 GMT -5
That's the spirit!
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House
Jul 1, 2015 19:01:52 GMT -5
via mobile
Post by NYPinTA on Jul 1, 2015 19:01:52 GMT -5
I think I'm going to try for a real fixer, not just a little paint & scrub. The horror show house could have been so great. I see another like it in a good location, I'm going for it. Maybe.
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House
Jul 1, 2015 19:05:09 GMT -5
via mobile
Post by NYPinTA on Jul 1, 2015 19:05:09 GMT -5
I might just be a tad bitter about the perfect house. |
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House
Jul 3, 2015 13:41:33 GMT -5
Post by ctheokas on Jul 3, 2015 13:41:33 GMT -5
This is what I learned from dipping my toe into the real estate market about 10 years ago:
You have to work your way up to the perfect house.
1. You have to start somewhere you think will blow up, as it were.
2. Wait a few years, and sell when the market is (hopefully) better.
3. Then, you take the money you make on that house, add it to the cash you've been saving, and roll it into the next size up.
4. Repeat.
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House
Jul 4, 2015 23:14:29 GMT -5
via mobile
Post by NYPinTA on Jul 4, 2015 23:14:29 GMT -5
The market around here is pretty steady and has been. But neighborhood I think I can prognosticate...
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House
Jul 6, 2015 13:46:12 GMT -5
Post by NYPinTA on Jul 6, 2015 13:46:12 GMT -5
It appears I am not the kind of person that is good about taking advantage of opportunities. I'm one of those spoiled house buyers that wants turn key. This is a stupid way to be. But I have zero idea about how to find a contractor that doesn't suck. If I knew one, I'd be all over a house that's just a block away from mine as it's got two apartments and I could let someone else pay my house payment each month. But holy moly does it need more work than I could do.
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House
Jul 6, 2015 17:09:42 GMT -5
Post by Lord Loser on Jul 6, 2015 17:09:42 GMT -5
So make the payment and rent the other to a contractor to fix it up!
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House
Jul 6, 2015 19:09:51 GMT -5
Post by ctheokas on Jul 6, 2015 19:09:51 GMT -5
You can make a deal with people so that any improvements they make can come out of their rent.
So what I'm imagining is this: You have enough for a down payment for a decent and decent sized house, but there's none left over for hiring a contractor. Which means you'd have to take out a loan for the contractor. Is that the situation?
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House
Jul 6, 2015 22:51:08 GMT -5
via mobile
Post by NYPinTA on Jul 6, 2015 22:51:08 GMT -5
I would not ask someone to live in either apartment as it is now. They're that bad. I need the Property Brothers.
But, in this specific case I would have enough to do some work, but nightmare money pit situations dance in my head or of contractors that are thieves & since I don't know much about what it takes to fix some of the issues I feel vulnerable to being duped. But the idea of a fixer-upper is getting more attractive the more I look.
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House
Jul 17, 2015 13:59:58 GMT -5
Post by NYPinTA on Jul 17, 2015 13:59:58 GMT -5
Going to look at a townhouse.
Re-read the listing. It's a short sale and the roof leaks. And the carpets are stained. (Which isn't that big of a deal since I was going to yank them out and put down hardwood anyhow...)
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House
Jul 21, 2015 14:50:40 GMT -5
Post by ctheokas on Jul 21, 2015 14:50:40 GMT -5
Leaky roof sucks. So many problems with that, and the can come from that. Still, if you have enough money left over to fix it, maybe?
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House
Jul 21, 2015 14:54:10 GMT -5
Post by NYPinTA on Jul 21, 2015 14:54:10 GMT -5
I had suspected that it would need a new roof just based on the year it was built and was ready for that, but it having already leaked worries me, because of the problems it could have caused. So, I'm not sure about that one anymore. Couldn't see it as it's a short sale and the bank never got back to my agent and I'm busy for the next three weekends... so she's going to check it out for me and get some pictures.
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House
Aug 18, 2015 16:14:56 GMT -5
Post by NYPinTA on Aug 18, 2015 16:14:56 GMT -5
Had to put off the search for the past few weeks because I was too busy, but it's back on! This Thursday I'll be looking at something in a cute neighborhood. From the photos it needs work and the kitchn looks to be the original (except for the appliances) but if the drawers open an close, I don't care. I don't need brand new. I just need functional. If the bathroom is good and there isn't anything horrifically wrong with the place... *fingers crossed*
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