New home search

[Jolly]

@Horace said in New home search:

@Jolly said in New home search:

Whatever you like, tickles me.

I'm just going to remind you...Houston floods in several areas. Doesn't even take a hurricane, a good tropical storm with heavy rains can do it.

Make sure your prospective house sits high and dry. Secondly, if I was spending the money you are, I'd consider a back-up Generac or other generator as part of the deal.

Good luck!

Thanks Jolly. They tell me this place is far enough inland that it’ll never flood. Even during Harvey, only the streets flooded, rather than the homes. The advantage to new construction is that they learn to build correctly. All the yards are graded for drainage into the retention ponds.

That's a good thing. The Cajun Navy are nice folks, but you don't want to meet them on your street in the aftermath of a storm.

[Friday]

I like it. The layout makes sense and there's lots of windows.

[brenda]

@Friday said in New home search:

I like it. The layout makes sense and there's lots of windows.

Agreed! I like old houses, so it's not my style, but I can appreciate new houses that have a good floor plan.

[Mik]

This is getting to me. Last night I dreamed I was moving to Houston, but it was to promote and manage a rock band. MFR said it was OK.

It's a weird mashup. My daughter was complaining about how rude the Black Crowes' team was at Wolftrap the other night. Apparently they had sent in an incorrect hospitality rider.

[Horace]

Thanks all for the feedback. Mik, my wife said this was a dream house, so I assume that’s what she meant.

[George K]

@Horace said in New home search:

Thanks all for the feedback. Mik, my wife said this was a dream house, so I assume that’s what she meant.

So, IOW, you're done.

[Horace]

@George-K said in New home search:

@Horace said in New home search:

Thanks all for the feedback. Mik, my wife said this was a dream house, so I assume that’s what she meant.

So, IOW, you're done.

YOLO

[Jolly]

Happy wife, happy life.

[89th]

@Horace said in New home search:

@George-K said in New home search:

@Horace said in New home search:

Thanks all for the feedback. Mik, my wife said this was a dream house, so I assume that’s what she meant.

So, IOW, you're done.

YOLO

YODO, too

[George K]

Pro tip, @Horace,

Don't buy this house.

[taiwan_girl]

Is that TWO snakes???? :eek

[89th]

Almost looked like an octopus

[taiwan_girl]

@89th said in New home search:

Almost looked like an octopus

Ah okay! It is amazing how octopus can escape and fit into such small small places.

I have read that they are actually quite smart animals.

[George K]

@taiwan_girl said in New home search:

I have read that they are actually quite smart animals.

Wonderful book:

The Soul of an Octopus.

[Horace]

The tweet doesn't show for me.

[George K]

@Horace said in New home search:

The tweet doesn't show for me.

Not showing for me either now. Looks like it's been taken down.

[Horace]

@George-K said in New home search:

@Horace said in New home search:

The tweet doesn't show for me.

Not showing for me either now. Looks like it's been taken down.

I just want you to know that I probably would have been pleased by the tweet, and may even have loled. In fact, I think I will proffer this now. Lol. Thank you sir.

[Horace]

Got a chilling email from our selling agent this morning that the bottom is dropping out of our market, and just in the three weeks since we initially contacted her, she's advising to lower the asking price by 5%. Seems like a bad time to make this move. We'd save more every couple months, sticking to our current mortgage, than we'd lose for backing out of the Houston contract. We'll see what, if any, offers we get on this place. I've always known that financially this is an indefensible move, but it's becoming more and more ridiculous if prices continue to drop and we sell low and buy high. By any objective "affordability" metric we can afford it regardless, but the principle of the thing grates if you feel like your timing was godawful.

[Catseye3]

I am unable to see the octopus house that George posted.

[89th]

@Horace said in New home search:

Got a chilling email from our selling agent this morning that the bottom is dropping out of our market, and just in the three weeks since we initially contacted her, she's advising to lower the asking price by 5%. Seems like a bad time to make this move. We'd save more every couple months, sticking to our current mortgage, than we'd lose for backing out of the Houston contract. We'll see what, if any, offers we get on this place. I've always known that financially this is an indefensible move, but it's becoming more and more ridiculous if prices continue to drop and we sell low and buy high. By any objective "affordability" metric we can afford it regardless, but the principle of the thing grates if you feel like your timing was godawful.

Are you impacted by the rising interest rates on your buying end? That would make it harder and harder to buy (hence the whole point of the fed...to STOP being from buying). Otherwise you are right, with one exception... if you plan on living in the new house for a while, then I would prioritize any housing/location benefits over the financial timing. But that's just me... you're only on this earth for so long.