Buying a house!!!

Post by **mr tibbs** » Sun Mar 07, 2010 9:52 am

We put an offer in on a house last week and just got the counter offer. We are now countering the counter offer and trying to iron out the details. The house was built in 1970 and looks like it has not been touched since 1970. Out of all of the houses we looked at this one was the most solid and had the biggest yard (.47 acres). It also needs the most updates. I think it has the most potential for future equity because it needs all of the updates. Hopefully by next week sometime we will get an offer accepted and be in escrow!!

Linky #1

Linky #2

Post by **Bfowler** » Sun Mar 07, 2010 10:00 am

you should have it inspected

congrats man.

thats a sweet looking house

Post by **mr tibbs** » Sun Mar 07, 2010 10:04 am

Bfowler wrote:you should have it inspected

congrats man.

thats a sweet looking house

Thanks man!! And if by "sweet" you me "vintage" you are correct sir. Honestly it looks like it dropped out of the sky from 1970. Everything needs to be updated, but it immaculate. We can still live in the house while we update, and the large lot size is hard to beat. I like the area also. We only have neighbors on one side of us and behind us is a warehouse that had not been used in 30+ years.

Post by **Eric D** » Sun Mar 07, 2010 10:09 am

Wow! I am glad you posted those links. This has been a major reality check for me.

My house is a similar size, built in 2003, and has one less bathroom. I have about a 1.6 acre lot. It cost much less than your house.

I had heard where I live is the second worst off area in the US economically, and I think this just proves it. It takes 2 to 3 years to sell a house where I live. And to top it off, I currently owe more on my house than it is worth.

Post by **mr tibbs** » Sun Mar 07, 2010 10:14 am

Eric D wrote:Wow! I am glad you posted those links. This has been a major reality check for me.

My house is a similar size, built in 2003, and has one less bathroom. I have about a 1.6 acre lot. It cost much less than your house.

I had heard where I live is the second worst off area in the US economically, and I think this just proves it. It takes 2 to 3 years to sell a house where I live. And to top it off, I currently owe more on my house than it is worth.

Eric, go to the first link I posted and do a search for a bigger lot size. I think you will be shocked by the price of homes with land!

Post by **Eric D** » Sun Mar 07, 2010 10:21 am

This is more my style...

http://www.utahrealestate.com/866464

Especially if the shit in the yard is included.

Post by **mr tibbs** » Sun Mar 07, 2010 10:23 am

Eric D wrote:This is more my style...

http://www.utahrealestate.com/866464

Especially if the shit in the yard is included.

At least it has a wet bar!!

Post by **Eric D** » Sun Mar 07, 2010 10:25 am

Here is an example of what you can get with your money where I live. This is just a few miles from me. But, you need to factor in that unemployment is about 30% here...

http://www.realtor.com/realestateandhom ... source=web

bretti_kivi · Post by **bretti_kivi** » Sun Mar 07, 2010 11:20 am

love the drapes in #11...

Bret

Post by **mr tibbs** » Sun Mar 07, 2010 11:27 am

bretti_kivi wrote:love the drapes in #11...

Bret

Like I said, straight out of the 70's!

It looks like a mortuary in that pic!

Pedi · Post by **Pedi** » Sun Mar 07, 2010 11:54 am

Wow, for such a house I have to pay minimum double that price - and I live in an area ("countryside") that ain't expensive either....

Post by **fuzzysnuggleduck** » Sun Mar 07, 2010 12:38 pm

Cool stuff, Tibbs! I hope you and the wife get the house. You both seem like industrious people, willing to take on a project like updating a house.

Post by **mr tibbs** » Sun Mar 07, 2010 12:40 pm

fuzzysnuggleduck wrote:Cool stuff, Tibbs! I hope you and the wife get the house. You both seem like industrious people, willing to take on a project like updating a house.

I know it will be a lot of work, but I feel that we are starting with a clean and stable slate. Plus it will be fun! At least for the first few days.

twisted · Post by **twisted** » Sun Mar 07, 2010 3:03 pm

Eric D wrote:Here is an example of what you can get with your money where I live. This is just a few miles from me. But, you need to factor in that unemployment is about 30% here...

http://www.realtor.com/realestateandhom ... source=web

wow that is DIRT cheap!!!!!! thats probably 600k here!!!!!!!

congrats to you and the wife!!!!!!
not a bad place there tibbsy!!!!! hey i also know a guy in your area thats pretty good with wood

heres an example of our realestate in kansas
http://www.realtor.com/realestateandhom ... 1115398539

oldskoolmseriesfan · Post by **oldskoolmseriesfan** » Sun Mar 07, 2010 3:28 pm

Heres what we got to offer here in the Valley, just an hour East of Vancouver, B.C.

oh by the way Tibbs, nice rancher, should be fun to reno and make it your own

this house is only 800 square ft and is up for 179,000.

you would be lucky to buy an apartment for that price here, and the closer you get to the city the prices just get even more rediculouse

Post by **Rold Gold** » Sun Mar 07, 2010 5:06 pm

Radiant heat is nice.....
As long as the floors are good, I say open a HomeDepot account and go nuts!!!! A new kitchen might be spendy but the return on yer investment is second to none. Bathrooms are the same. All with reason ofcoarse.... I mean, putting $30K into that house would get it super comfy for years to come.

Post by **mr tibbs** » Sun Mar 07, 2010 5:52 pm

FuzzyHoNutz wrote:Radiant heat is nice.....
As long as the floors are good, I say open a HomeDepot account and go nuts!!!! A new kitchen might be spendy but the return on yer investment is second to none. Bathrooms are the same. All with reason ofcoarse.... I mean, putting $30K into that house would get it super comfy for years to come.

That's the plan man! Actually before we move in we will get new carpet through out.

The next order of business is to get a furnace installed with A/C and update the gas fireplace to a pellet stove. The radiant heat is actually in the ceiling in the house and is probably due for an update along with the swamp cooler.

After that it will be onto the exterior and then the bathrooms and the kitchen. All in good time...

Post by **Rold Gold** » Sun Mar 07, 2010 8:32 pm

In the ceiling.........

I've always thought that radiant heat was more the double-boiler hot water through the pipes in the concrete type system......

Post by **stipud** » Sun Mar 07, 2010 8:46 pm

I dunno about you guys but I dig the 70's look and I wouldn't change it. Modern cookie cutter renos are too boring for me! All this place needs IMO is a little less brown on the walls! Zazz it up a bit, but keep the 70's flair!

Stoked for you though Casey. I can't wait to buy a house, but as Deane said, buying in this area is absolutely brutally expensive! By comparison that house is fuggin CHEEEAAP! I am jealous!

gridracer · Post by **gridracer** » Sun Mar 07, 2010 9:15 pm

Eric D wrote:Here is an example of what you can get with your money where I live. This is just a few miles from me. But, you need to factor in that unemployment is about 30% here...

http://www.realtor.com/realestateandhom ... source=web

That would be worth close to 1 million dollars where I live.

Post by **Francious70** » Mon Mar 08, 2010 12:13 am

That's a little cheaper than here, but not by much.

Post by **mr tibbs** » Wed Mar 10, 2010 7:58 pm

Well boys, we just accepted an offer!! We go over tomorrow to sign all the paperwork and make it official!

oldskoolmseriesfan · Post by **oldskoolmseriesfan** » Wed Mar 10, 2010 11:11 pm

cool beans dude, congrats

Thumper88 · Post by **Thumper88** » Thu Mar 11, 2010 3:25 pm

Congrats!

Cool link...

Here's a house in my area...

http://www.realtor.com/realestateandhom ... 1116169823

Wow...that's all I can say.

twisted · Post by **twisted** » Thu Mar 11, 2010 5:03 pm

congrats casey!!!!!!!