Misadventures in home buying
IdaClaire
8 years ago
last modified: 8 years ago
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Misadventures with Mail Order and The Big Orange Box
Comments (4)I really like BJ. I also have LG. It's planted in clay and the color is a darker purple. This year I divided it and moved a piece to a raised bed with amended soil. The color is still a dark purple but not as dark as the other one. It was one of my first and I'm really glad I bought it. Marg...See MoreBuying a home with backyard sloping towards house?
Comments (10)I've lived in houses that were on a slope, and agree w/what Logic said, it depends on whether the slope ends at the house, or if there's a drainage swale in between so the lowest point is not right next to the house. If the lowest point is next to the house, drainage problems can cause leaking basements, foundation failure, sinking of one side of the foundation, and water can even come up thru the floor in houses built with a slab on grade foundation. Can also get in vents where builders put vents in a slab foundation. Water in crawlspaces, too. It can be remedied but the best thing is to prevent it by proper site grading and foundation construction. Remedies after the fact are usually expensive; often, the damage has already been done. And yes, Logic is also right that people will conceal water damage. I know of someone whose new house had a drainage problem that led to a basement leak. Rather than pursue the builder for proper repairs they finished the basement so the leaks are concealed. Everything in their basement reeks of mold. They are taking their chances that no one can prove it and sue them when they sell. Stupid and unethical, but it happens. Far too many new homes are built on slopes where you see every house has the lowest point of their lot against one side of the house as you go downhill. Even on a slight slope it can wreck the foundation to the tune of tens of thousands of dollars. Just for future reference to any reader, I would not buy a house with a negative grade unless there was evidence a proper drainage swale and everything else required had been built right in the first place. I have lived in such a house and it never had any of the above problems even with a slope in the yard....See Morehow to use equity in present house (not sold) to buy new house
Comments (13)We don't have credit cards. this is the situation. we have a house now that has a balence of $47K. The house comps have it going for $75K. Of course, I know you can not count on getting what you think you will get, especially when you need it. The house we are looking has an asking price of $89K. My realtor hasn't done a whole lot of research yet, but she said that is a bit high for the area. I was looking at the real estate data for my city today (san antonio) and although sales are a little bit down, houses are still appreciating. Days on the market are still a little longer, but not drastically. Price per square foot has gone up, not much, but its gone up. so, we don't have much in savings, so we would need the equity from our present house to put down on the new house. I'm obviously not working with high numbers here. the average house here is $147K. Still way affordable compared to a whole lot of cities. What I'm trying to do here is get an idea, just knock it around, about what my options are and what anyone thinks of the situation. I value the advice I receive here and I really enjoy reading everyone's posts!...See MoreAnyone else name their home à la Keebler Cottage?
Comments (19)Bumblebeez, I AM very lucky, and I say that every single day. I bought this house and yard looking VERY different in Dec. 1986. In all that time, the only time it came close to my house is the '200 year flood' in October 1996. But my house stayed high and dry, despite the road/bridge over the river washing out and the street being closed for 10 days while it was reconstructed. I'm so close to everything I need, stores, airport, you-name-it, but I look out back and feel like I'm on vacation every day....See MoreIdaClaire
8 years ago1929Spanish-GW
8 years ago
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