The Official Homeowners Thread

ahomeplateslugger

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Closed on 11/20, Redfin already says my house is worth 34K more than what I paid for it.

Now, I know there isn't any legit indication of this value being real. :whoa:

But, shyt, it feels good to look at. :ahh:

similar thing happened to me. a year after i bought my apartment i went on redfin and the value went up like crazy. i didn't believe it but smaller apartments in my complex were going for the same price that my 2 bedroom spot was valued at. so i don't think they are too far off from their estimate.
 

Made Man

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Been in my house for about a year in a half. According to Redfin,Realtor and Zillow my value went up between 28-35k :ohhh: . Might consider selling in a year or 2.
 
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Replaced all my sink faucets by MYSELF. I felt accomplished like a MFER. 1st one took the longest after that it was all cake.

Dryer motor went and I didn’t have it covered by warranty or worry free. Had to shell out 1K for a new one and delivery. Horrible. Won’t let that mistake happen ever again.
 

Petty Crocker

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This year I mounted a shelf, installed 2 toilet valves, dealt with ants and electrical issues.

But I still love my house...she just high maintenance as hell.
 

lightskin jermaine

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Finally closed on New Years Eve:blessed:

Now gotta unpack and deal with all these solicitors.


o59dlg.jpg


for some reason these pics won't flip
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i543lu.jpg
 

Azul

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Listen guys, please...PLEASE.

Do not fall into the refinancing trap. I am currently looking for listings and the amount of pre/foreclosures are CRAZY. There are people who bought for like 150k back in the day but after refinancing MULTIPLE times they now owe upwards of 500k :mindblown:

I mean, it is more commission for me :mjgrin: but it is sad to get it at the expense of people who couldn't handle being homeowners.
 
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Closed on my first home yesterday. A 1348sqft 3BR/2BA + 2 car garage condo in Austin TX. Built in 1979 and looks every bit of it at the moment.

- Sale price: $185,000
- Appraisal: $187,000
- Loan amount: $146,150
- Down payment: 20%
- Interest rate: 4.75%
- Monthly payment: $762.39
- Lender: Cornerstone Lending

Not doing escrow. I'll pay my all my insurance and taxes at the end of the year. This year's property taxes will be very low though, because the property still has the homestead exemption for people age 65+ from the previous owner (who was an engineer for NASA). Seller (power of attorney; the owner is in a nursing home due to dementia) also threw in: 1 year home warranty insurance, appliances (washer/dryer, fridge, stove, dishwasher), replaced the electrical panel because it was a Federal Pacific model beforehand, about $3,000 worth of closing costs, and cleaned up the place a bit (carpet cleaning).

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More images:

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Issues that require immediate attention: water heater needs to be replaced ASAP. That's #1 on the list. A bit further down, but still important: energy efficiency upgrades recommended by an energy auditor, like new HVAC, more attic insulation, duct sealing, replace single pane windows. Lower utility bills is always nice.

Plan on giving AirBnB a shot. Got some work to do. Might hire an interior decorator for assistance.
 
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DrunkenNovice

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Finished cutting the grass yesterday.

Copped the electric/cordless mower.

Stood back when I finished and looked at the grass like...:obama:

Do you feel a power difference compared to a gas mower? How much yard are you cutting off one charge?

I'm considering switching to an electric mower this year.

Gotta lot of stuff i want to get done this year, mostly lawn/landscaping related.
 

OfTheCross

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Keeping my overhead low, and my understand high
Closed on my first home yesterday. A 1348sqft 3BR/2BA + 2 car garage condo in Austin TX. Built in 1979 and looks every bit of it at the moment.

- Sale price: $185,000
- Appraisal: $187,000
- Loan amount: $146,150
- Down payment: 20%
- Interest rate: 4.75%
- Monthly payment: $762.39
- Lender: Cornerstone Lending

Not doing escrow. I'll pay my all my insurance and taxes at the end of the year. This year's property taxes will be very low though, because the property still has the homestead exemption for people age 65+ from the previous owner (who was an engineer for NASA). Seller (power of attorney; the owner is in a nursing home due to dementia) also threw in: 1 year home warranty insurance, appliances (washer/dryer, fridge, stove, dishwasher), replaced the electrical panel because it was a Federal Pacific model beforehand, about $3,000 worth of closing costs, and cleaned up the place a bit (carpet cleaning).

NtgZdBi.jpg


More images:

SIUvFeW.jpg


P3QBhPy.jpg


x4AFID6.jpg


P32r2Py.jpg


ILzcaxd.jpg


7MMd8ey.jpg


eVPBDmt.jpg


WnthhQm.jpg

Issues that require immediate attention: water heater needs to be replaced ASAP. That's #1 on the list. A bit further down, but still important: energy efficiency upgrades recommended by an energy auditor, like new HVAC, more attic insulation, duct sealing, replace single pane windows. Lower utility bills is always nice.

Plan on giving AirBnB a shot. Got some work to do. Might hire an interior decorator for assistance.
that home is very nice, breh. Congrats!

How much of a yard do you get? Or do you not care for that anyway?..
 

OfTheCross

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Keeping my overhead low, and my understand high
Thank you. I don't have much of yard, which I'm thankful for, honestly. Lol.
:pachaha:

as a guy with lots of yard..it's a blessing and a curse.

The maintenance is annoying..but I was able to build on it and get some additional income. My yard will be paying for my mortgage in a few months *fingers crossed*
 
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