Progression on my house

moyer777 · January 20, 2008, 07:37:10 AM

Thanks! I hope I didn't bore any of you with it all. It was an adventure, but all in all and so far a good one!

davekill · January 20, 2008, 01:05:45 PM

Quote from: jedijeff on January 09, 2008, 10:29:45 AM
Looking at all these pictures of your house Rick is making me want to renovate mine (well actually more like wanting to move) Things are looking good

lol - :D
change can be good (and painful at times).
I'm not ready to give up my green shag carpet and swag lamps, although my AMC Pacer died years ago.

Congratulations on completion of the repairs - with upgrades!

Rico · January 20, 2008, 02:55:40 PM

Glad you are back in safe and sound Rick. I didn't know you had Ethan Phillips (Neelix) helping you move?! ;)

jedijeff · January 20, 2008, 05:06:42 PM

Quote from: davekill on January 20, 2008, 01:05:45 PM
Quote from: jedijeff on January 09, 2008, 10:29:45 AM
Looking at all these pictures of your house Rick is making me want to renovate mine (well actually more like wanting to move) Things are looking good

lol - :D
change can be good (and painful at times).
I'm not ready to give up my green shag carpet and swag lamps, although my AMC Pacer died years ago.

Congratulations on completion of the repairs - with upgrades!

My Wife and I went to look at a house today. So Rick with all his renovations to his house has inspired me a bit. I was thinking renovations as well, but I am not getting the feeling the place I am in right now will be long term for me.

davekill · January 20, 2008, 10:52:14 PM

Quote from: jedijeff on January 20, 2008, 05:06:42 PM
My Wife and I went to look at a house today. So Rick with all his renovations to his house has inspired me a bit. I was thinking renovations as well, but I am not getting the feeling the place I am in right now will be long term for me.

Jeff, Hope your plans come together and you can make a move to a new house when your ready and on your terms. :cheers

I'm stuck in a rut, so when the unexpected happens - I'm surprised and a little annoyed at myself at how rattled I get.

With his faith and family, Rick makes it look easy.
Though I'm sure that having your world turned upsde-down is anything but.

jedijeff · January 21, 2008, 07:57:11 AM

My wife and I are not rushing it, so if something comes up that we like, then we move, if not we are good where we are. I live in a townhouse right now, and just does not feel like this will be the place I will be in longer term. House prices where I live have been through the roof the past few years, I have been in my town house around 4 years, and it has already more then doubled in worth. The down side being is so has everything else as well, lately the market has stabilized a lot, as houses were just getting to out of range for regular people. A lot of nice houses sit, as they are to expensive. The house I looked at yesterday was listed in the summer, and is now listed again at 60,000 less, and was relsited in December. There is another offer on it right now, so if we don't get a chance not to concerned as there will be more. At least I have equity built up in my townhouse, that I can move to something else, but I feel bad for the young people starting out, as for a lot of money, they really get nothing. My Townhouse is entry level, and it goes for 250,000 now.

Best of luck Dave, I know ruts are not that great, but they can change as well. What happend to Rick was a bad deal, but in the end, like you said faith, family and friends pulled together. I guess the positive is a nicely renovated home that would never had been done without the storm. So sometimes things workout for the best.

moyer777 · January 21, 2008, 10:19:19 AM

Quote from: Rico on January 20, 2008, 02:55:40 PM
Glad you are back in safe and sound Rick. I didn't know you had Ethan Phillips (Neelix) helping you move?! ;)

If you are looking at the guy on the right, that's coastgames from the forum! He is a great friend of mine... :)

billybob476 · January 21, 2008, 10:39:10 AM

The wife and I are trying to buy but the housing market in Toronto is booming right now. There was some craziness a few months back. A new 80 story condo building is being built right downtown. People lined up for 2 weeks to put down a deposit on units. The day before they opened the sales office, there was a sign outside saying units ranged between 300,000 - 2 million dollars. the day of, they had updated the sign to say 500,000 - 8 million dollars.

They all went.

davekill · January 21, 2008, 11:19:30 AM

I was born and raised in the foothills where I still live - a regular hillbilly, but I like to think of myself more as a Hobbit.
When I was a kid houses sold for 35k - 80k. Now that the realestate bubble has burst, I can drive around the northern Sacramento communities and see many houses with dead lawns that are bank repos. Guess it just got to easy too borrow money.
My little foothill town is a "Sacramento bedroom/retirement community". The sellers are still in denial because prices lag behind the rest of the market. A 3 bedroom house with detached garage on a small lot sells for over 500k up here. I'll wait another 12 to 18 months then buy.

Geekyfanboy · January 21, 2008, 11:35:18 AM

I wish the bubble in LA would burst... decent and I mean fixer uppers start at $500,000 in an okay area. And in a good/great part of town you're looking at 1 million + at the very least.

davekill · January 21, 2008, 11:57:36 AM

Quote from: StarTrekFanatic5 on January 21, 2008, 11:35:18 AM
I wish the bubble in LA would burst... decent and I mean fixer uppers start at $500,000 in an okay area. And in a good/great part of town you're looking at 1 million + at the very least.

The company I work for is based in Rancho Bernardo, Most folks I know won't or can't transfer down there because the home prices are off the hook!

jedijeff · January 21, 2008, 12:32:19 PM

It is so tough for people who don't have a house to get into one now. I feel for you Kenny, in who has $500,000, and to carry a mortgage that high would suck up all your money. I guess my greatest fear, is buying a house, and then having the value drop to less then what I paid for. It has raised so sharply where I live over the past 10 years, and now we have it a bit of a levelling of time. I don't think things will crash where I am, but some houses have sat for quite sometime, and had to have large reductions. I guess I consider myself fortunate that I bought a house when I did. At the time my rent went up, and it was cheaper to own a house. Just feel so bad for young people starting out, as it will not be very easy at all for them to get into a house like it was for me.

billybob476 · January 21, 2008, 12:49:04 PM

We have the same fear. We are in a good position in that we don't have a house to get rid of but the thought of making a mistake and getting into a bad investment is crippling.

moyer777 · January 21, 2008, 02:17:52 PM

My wife and I bought our first house 19 years ago for $24,000. Yeah, it was a HUD house that someone had forclosed on. Years later we put a $25,000 addition on and then sold it for $65,000. With our equity as a down payment we bought our house here in Aberdeen for right around 100k. It's worth $130 now. It's a three bedroom one bathroom house in a nice part of the area. We paid for location. You all should move to Aberdeen, you can get into a nice home for cheap! :) plus you would have fun neighbors! If you bought a $500 thousand home you would live in a mansion with some property.

I too couldn't see paying rent over and over and getting nothing. It was cheaper for us to buy a home monthly, and it was an investment too. We were blessed to get the first loan from my mother in law, who is a great lady. After I paid her off, I got a loan through WA Mutual. I remember making the first payment and shaking it was so much for us! :) Now it's actually pretty low all things considered.

The housing market here though is most definitley a buyers market. They just remodeled a beatiful home two doors down. Anyone want to move? I'll take pictures!

:)

Geekyfanboy · January 21, 2008, 02:38:05 PM

If the entertainment business was big up there Rick.. I would be there in a second. Still might move up there anyways.