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might be buying a house

  • Thread starter Thread starter 89streetbeast
  • Start date Start date Jan 17, 2007
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89streetbeast

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Dec 4, 2006
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horton,ks
Jan 17, 2007
#1
  • Jan 17, 2007
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hopefully will hear back in the next couple days. might be getting a 3 bed 1 bath 2 story house for 30K. needs vinyl siding put on and a new roof but other than that the inside is in pretty good shape for being a 100+ yr old home . the lady is willing to do a plan on renting to own and payments will be $308 a month. pretty sad im paying more for rent $450 plus paying utilities which equal to 150+ .
 

90

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Sep 24, 2006
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Michigan insane asylum
Jan 17, 2007
#2
  • Jan 17, 2007
  • #2
well that aint too bad... Good luck with the new house.! i hope it works out for you~!
 

wythors

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Jan 17, 2007
#3
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My god! Around here you couldn't buy a 12-foot travel trailer in a swamp for 30k. Nothing here for under $150,000 and that's a shack.
 

Nopantz

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Jan 17, 2007
#4
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wythors said:
My god! Around here you couldn't buy a 12-foot travel trailer in a swamp for 30k. Nothing here for under $150,000 and that's a shack.
Click to expand...

 

89streetbeast

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horton,ks
Jan 17, 2007
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  • Jan 17, 2007
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yea its pretty cheap here lol. most of the homes that are immaculate go for under 250K. some of the 70K homes that sell are about the range of a 300-500K home anywhere else. only thing that sucks about the town we migth move to is that it has no gas station lol.
 

sunil6784

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Jan 17, 2007
#6
  • Jan 17, 2007
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Wow dude...my sister just bought a house. 375,000 for a garrison, on about 1.5 acres. Up here in Taxachusetts you can't find a house like that for less than 275. Prices are real high.
 

glowstang93

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Feb 9, 2003
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Jan 17, 2007
#7
  • Jan 17, 2007
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I didn't see you say anything about the most important part. Does it have a garage?
 

89streetbeast

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horton,ks
Jan 17, 2007
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glowstang93 said:
I didn't see you say anything about the most important part. Does it have a garage?
Click to expand...



unfortunatly no which is but, has a small shed about 10x10, probly would be good enough to nose the car in and work on it out of the rain. its all good though gets me out of this apartment and back in a house lol.
 

glowstang93

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Jan 17, 2007
#9
  • Jan 17, 2007
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89streetbeast said:
unfortunatly no which is but, has a small shed about 10x10, probly would be good enough to nose the car in and work on it out of the rain. its all good though gets me out of this apartment and back in a house lol.
Click to expand...

Definitely a good start. It takes time to get all the things you want. It was 6 yrs after I moved out before we could buy a house with a garage. Good luck in your future homeownership. Interest rates are still at record lows.
 

89streetbeast

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horton,ks
Jan 17, 2007
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thanks man . figured since the rates are nice now it would only take 9-10yrs to pay it off if i do just monthly payments and not add extra. but who knows they might go up lol.
 

Mike97gt

it doe snot
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Jan 18, 2007
#11
  • Jan 18, 2007
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89streetbeast said:
hopefully will hear back in the next couple days. might be getting a 3 bed 1 bath 2 story house for 30K. needs vinyl siding put on and a new roof but other than that the inside is in pretty good shape for being a 100+ yr old home . the lady is willing to do a plan on renting to own and payments will be $308 a month. pretty sad im paying more for rent $450 plus paying utilities which equal to 150+ .
Click to expand...

My god I pay 1,000 a month with just heat included for a two bedroom apartment.

I am looking at houses right now is southern new hampshire and all the ones I am looking at are in the 300k price range.

I heard housing is much less expensive out in the mid west but i did not know it was that much cheaper.
 

Ozz

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Jan 18, 2007
#12
  • Jan 18, 2007
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Man, for $30K each I'd buy a few tomorrow!

Good luck
 

88Stang331

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Jan 18, 2007
#13
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Any pics of this house?
 

tunedin302

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Jul 29, 2004
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Pennsylvania
Jan 18, 2007
#14
  • Jan 18, 2007
  • #14
mansonozz said:
Man, for $30K each I'd buy a few tomorrow!

Good luck
Click to expand...


+1 - can you ship a few to me?
 

jrichker

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Jan 18, 2007
#15
  • Jan 18, 2007
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Humm... 100 year old home...sounds like the Florida Cracker house that my wife uses for a floral design shop.

I have spent some time working on the 100 year old house, and here's what I know. ..
Most of the houses were built before building codes were in force, so there may be some oddities. As you walk through the house, notice the slope of the floors: are they all level and even? Since it is winter all the creepy crawly things that sometimes live under the house are dormant, so plan to crawl under it to inspect the foundations and underside of the floor. Code for most modern homes is 2x8” or better flooring supports spaced 24" apart. Many older homes don't have that, and the floors sag, or are uneven. The foundation spacing has a spec on it too, but I don’t know what it is. While you are contemplating your trip under the house, find a termite inspector to go with you. Many mortgage companies will not write a mortgage on a home that does not have a current termite bond or inspection. If you have a basement, look at the walls: are there evidence of water stains and leaks? Cracks in the basement walls indicate a shifting soil or water seepage problem. Look for cracks in the plaster or ceiling – more indication of foundation problems.

Check out the plumbing and electrical: they can be expensive to fix. Older homes are not usually wired for 3 conductor wiring that includes the safety ground. They also have a shortage of outlets, since they were built before the total electric home became popular. The Florida Cracker house had two outlets per room and I had power strips with 2-3 wire adapters for all the outlets. To top that off, there are many things that don’t work well without a true ground. Computers and high end sound systems are some of them.

Kansas has some cold winters, so how’s the insulation? No insulation in the original 100 year old house makes it run up the winter heating bills very quickly. Think your wallet hurt when gas was $3.00+ a gallon? Think about what heating oil would be if some OPEC country decides the USA is their enemy and jacks up the price sky high. Got a wood fireplace instead of oil or gas heat? Better have a chimney sweep inspect it to make sure the lining is intact and won’t catch the house on fire. A fireplace is really nice, and wives can get very romantic with one, but a fire in the chimney will definitely ruin your evening.


If you are a handy carpenter/plumber/electrician type of guy, the house could be a bargain that is too good to pass up. If you aren’t and don’t have trusted friends who can help and do quality work, run the other way. Spend some time watching educational TV’s “This Old House” and you'll get some perspective on what goes into making an old house comfortable for modren living.
 

89streetbeast

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Dec 4, 2006
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Jan 18, 2007
#16
  • Jan 18, 2007
  • #16
supposed to go look at the inside today. wife took a few pics before she came home. the lady said the inside looks way better than the outside lol. hence why she said it needed siding put on. and the shed is smaller than what i said before , the wife kinda exagerated on the size anyways heres a few she snapped early this morning.


front
View attachment 409834

back of house
View attachment 409836

backyard, kinda hard to see but way back there you can see the road and thats where the property ends.
View attachment 409838

heres my shed for now. hopefully in a few years there will be a nice garage back there
View attachment 409839


soon as i get some pics of the inside i'll post em up. the lady said that as old as the house is the floors and walls are actually straight and dont bow anywhere so thats a plus on the foundation
 

1990Coupe

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Mar 11, 2002
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Toms River NJ
Jan 18, 2007
#17
  • Jan 18, 2007
  • #17
89streetbeast said:
hopefully will hear back in the next couple days. might be getting a 3 bed 1 bath 2 story house for 30K. needs vinyl siding put on and a new roof but other than that the inside is in pretty good shape for being a 100+ yr old home . the lady is willing to do a plan on renting to own and payments will be $308 a month. pretty sad im paying more for rent $450 plus paying utilities which equal to 150+ .
Click to expand...

thats sick a house like that here in new jersey goes for an easy 180k!!! and the average rent is 950 for a 1 bedroom apartment!!!

ps, just saw the pics - looks like that back door is sagging?
 

89streetbeast

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Dec 4, 2006
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Jan 18, 2007
#18
  • Jan 18, 2007
  • #18
1990Coupe said:
thats sick a house like that here in new jersey goes for an easy 195k!!! and the average rent is 950 for a 1 bedroom apartment!!!
Click to expand...


lol man thats crazy. the front porch awning and the back porch are a little sagged but those will be fixed at some point or another. stepdad and my dad are both carpenters so it should go along real nice another thing thats cool about the town where that house is that you can ride a dirt bike or quad down the street and its legal lol. where we are now they take your stuff away and have to pay a hellacious fine.
 

1990Coupe

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#19
  • Jan 18, 2007
  • #19
dude that is so bad a$$ i want a house
 

89streetbeast

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Dec 4, 2006
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horton,ks
Jan 18, 2007
#20
  • Jan 18, 2007
  • #20
hear ya on that. been wanting a house for alomst 6 years and finally can get one lol.
 
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