no, i didnt misunderstand.
this house has all those upgrades for $235k.

a similar house without those upgrades are $120-200k!

 

 

^^^ well not necessarily...it depends on the neighborhood you are in...

as they say you dont want to be the cheapest or the most $$$ house in the neighborhood....anywhere in the middle, and you will get the most back for the upgrades you paid for....

unless, you go from rustic oak to freaking cherry wood and pay 30K more in a 250K house, you aint gonna see much come out of it when you go to sell it...

but spend that 30-50K on a million dollar house in a 1.5mil community and you will get every single $ you put in it...

 

why not the cheapest?

 

true, what they did in the 1980's I DO NOT LIKE!

 

Justn, since you're a young single guy, might want to consider having roommates. Pay house down quickly (7-10 years). Then profit, rent your room out and buy a house more fitting your lifestyle at that point.

Or if your life changes, take ownership back and you're at least ahead of the game. Just note that if you tie the knot, wife gets half immediately

Or marry sugar mama in sugar land with a sugar house.

 

no one would want to buy it LOL....unless you are priced in the middle and you got a banging deal....


the houses priced in the middle are the ones which hold their value and evaluate the best...

the most expensive house have no room to grow...

 

Most upgrades are pretty easy to do. If you mod cars, you can mod house. Just don't cut your fingers off!

 

Only a dolt wouldn't buy the cheapest house in a prime neighborhood. Usually the issues are easily fixed, instant equity. Biggest issue here is foundation issues. This usually drops the home value in half, when it's a 25-30k fix. I almost bought a house that was valued $80k under estimate because previous home owner rammed his truck into the garage (foreclosure), and took syrup and jelly to the carpets and walls. We're talking 10-15k max to fix. Unfortunately bank took some suckers bid before ours and ours was 10k more.. dumbasses. Those homeowners got a steal. Now house is almost new and they gained nearly 100k equity within a year.

 

already a few steps a head of you
the 250k budget is with a roommate.
I can afford it myself, however, a quick contract will take most of the load off.

 

I can understand similar houses without upgrades being at 180+ but in no way 120K upgraded to 235K....that seems insane....

we had upgrades which amounted to about 40K (including upgraded hardwood and adding hardwood to dining and living areas, faucets, tiles, insulation, appliances, etc etc)

THIS !!!

if you plan to keep a room mate or 2 who will respect your property and not just trash the place, I say its the best thing to do....it will help you pay the house off very very quickly....

 

am glad you added that part

 

I can be your room mate Justin

 

Do you like salad?

 

^only if it is tossed

 

Be prepared to get raped by property taxes. Also, figure out if neighborhood is MUD or public utilities, could be a big difference.

 

Looks like we have a good candidate here.

Also, do you prefer jelly or gravy?

 

Biggest thing to consider when buying a home justn, all bullshit aside...




































are there any trees in front or adjacent to the garage.

 

Justin knows my preference. After all, I did wake up to find his sweater and shirt in my bed on new years day. True story

 

Butt.. where were his pants?

 

He said I shouldn't tell that part of the story. All jokes aside, you are getting some good advice on here Justin. Take your time and don't rush into anything

 

I thought TX was pretty easy on property taxes....KS absolutely tore me a new butthole last year

 

^depending on the area then you have to consider PID or MUD taxes.

 

Whoa, it got busy. So, wait...we're modding Justin's new house with tossed salad...?

 

and throwing TP all over the house....literally

 

Just to be clear: It's not used-TP, right?

 

Maj- not sure of how marital property is interpreted in TexASS but in FloriDUH if you own the property before marriage, the spouse does not automatically get property ownership rights.

 

it could be if you just got back from Sochi

you know habits are tough to break

 

It's community property here, but I heard there was special common law circumstance for a purchase by a couple who are not yet married but lived together. I can't find an example though. I was told a home purchased before marriage but shared equally can be deemed community property once married. Might be wrong, you'd know better

 

depends on the prenup too right?

if she paid any bit of the mortgage OR property taxes,

 

It fluctuates. Texas is the highest by average I believe.

You pay high taxes because expensive house. By comparison, if you paid our taxes, you might fit an 18-wheeler in there.

In my area it's between 3-3.5%

 

^^^ @ 18wheeler and at 3.5%

mine was about 1.4%...


but you guys dont pay any state tax, so it pretty much evens out in your favor

 

shit, I guess you can park an 18-wheeler in you buttkiss

 

You should have moved to TexASS Anil

More desis here

Bring Steven with you

 

National Instruments is down there, aren't they?

 

yes sir, I have a couple of friends that work there. I almost got a job as a HW engineer but not enough moolah.

 

haha yeah we have very close family friends down in Dallas area as well....

we just dislike the 100+ deg weather....when we were down in Austin and it was past midnight and the wifey and I were roaming around downtown, hitting some clubs, it was 100+ past midnight...was insane....


we can take some cold/snow better than 3+ months of constant 100 plus degs summer

 

Hot temps = ladies in revealing clothing. Y'all done figured it out.

 

bud you will be surprised at how ladies reveal when they have only 4 months to reveal what they have spend 8 months maintaining

 

Haha nah I wouldn't be surprised. I'm not too far from you, it's the almost the same here. It just seems like they are more motivated to maintain when it shows 100% of the time instead of just 33%. Therefore Texas girls are 66% hotter than midwest girls. It just makes sense mathematically.

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