Bad timing
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@Doctor-Phibes said in Bad timing:
@Ivorythumper our current one is 1988, the next one is 1962.
I’m surprised a recent housing development in a major urban area would allow septic. Does the municipality have a waste sewer system?
wrote on 3 Sept 2022, 16:03 last edited by@Ivorythumper said in Bad timing:
@Doctor-Phibes said in Bad timing:
@Ivorythumper our current one is 1988, the next one is 1962.
I’m surprised a recent housing development in a major urban area would allow septic. Does the municipality have a waste sewer system?
The town put together a big study a few years back and came to the conclusion that hooking everyone up was the only way to go. Sadly, they put it to a vote and the short-sighted morons won the day. They were going to charge everyone about 18k to connect. I thought they would have been better spreading the cost throughout the entire town as they do when, for example, they build a school - everyone pays, not just the people who use it, and the septic system has real environmental dangers for everyone
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@Ivorythumper said in Bad timing:
@Doctor-Phibes said in Bad timing:
@Ivorythumper our current one is 1988, the next one is 1962.
I’m surprised a recent housing development in a major urban area would allow septic. Does the municipality have a waste sewer system?
The town put together a big study a few years back and came to the conclusion that hooking everyone up was the only way to go. Sadly, they put it to a vote and the short-sighted morons won the day. They were going to charge everyone about 18k to connect. I thought they would have been better spreading the cost throughout the entire town as they do when, for example, they build a school - everyone pays, not just the people who use it, and the septic system has real environmental dangers for everyone
wrote on 3 Sept 2022, 16:07 last edited by@Doctor-Phibes said in Bad timing:
@Ivorythumper said in Bad timing:
@Doctor-Phibes said in Bad timing:
@Ivorythumper our current one is 1988, the next one is 1962.
I’m surprised a recent housing development in a major urban area would allow septic. Does the municipality have a waste sewer system?
The town put together a big study a few years back and came to the conclusion that hooking everyone up was the only way to go. Sadly, they put it to a vote and the short-sighted morons won the day. They were going to charge everyone about 18k to connect. I thought they would have been better spreading the cost throughout the entire town as they do when, for example, they build a school - everyone pays, not just the people who use it, and the septic system has real environmental dangers for everyone
The masses are asses.
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@Ivorythumper said in Bad timing:
@Doctor-Phibes said in Bad timing:
@Ivorythumper our current one is 1988, the next one is 1962.
I’m surprised a recent housing development in a major urban area would allow septic. Does the municipality have a waste sewer system?
The town put together a big study a few years back and came to the conclusion that hooking everyone up was the only way to go. Sadly, they put it to a vote and the short-sighted morons won the day. They were going to charge everyone about 18k to connect. I thought they would have been better spreading the cost throughout the entire town as they do when, for example, they build a school - everyone pays, not just the people who use it, and the septic system has real environmental dangers for everyone
wrote on 3 Sept 2022, 20:51 last edited by@Doctor-Phibes said in Bad timing:
They were going to charge everyone about 18k to connect.
That is a lot of money for the average homeowner.
Shouldn't the county issue a long term bond issue or something like that to cover the cost.
Like this: https://www.schwab.com/learn/story/understanding-municipal-revenue-bonds
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Congrats @Horace, my realtor had the same signature in her email too. Perhaps it’s semantics, but usually when you both sign the closing papers, the property is officially transferred to the new owner unless you had a rent-back in the contract. Anyway, time to buy that Apple Air Tag.
@Doctor-Phibes exciting, and best of luck. Yes market timing isn’t the best compared to 6 months ago but compare it to 6 years ago or even 10 years ago…I’m sure you’re home value is up. You should move to Minnesota btw. Horace too.
wrote on 4 Sept 2022, 00:09 last edited by@89th said in Bad timing:
Congrats @Horace, my realtor had the same signature in her email too. Perhaps it’s semantics, but usually when you both sign the closing papers, the property is officially transferred to the new owner unless you had a rent-back in the contract. Anyway, time to buy that Apple Air Tag.
@Doctor-Phibes exciting, and best of luck. Yes market timing isn’t the best compared to 6 months ago but compare it to 6 years ago or even 10 years ago…I’m sure you’re home value is up. You should move to Minnesota btw. Horace too.
+1 and +1
Yes, everyone should move to Minnesooooooota!!!
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wrote on 4 Sept 2022, 23:37 last edited by
Got here and the first stop was the home we have a contract for. Not to the taste of the important half of the decision makers. Some unwelcome things have become apparent now that the fencing is in. Looks like we will be renting for a while. On the bright side, the Airbnb is very nice. But we will only be here for 4 weeks.
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Got here and the first stop was the home we have a contract for. Not to the taste of the important half of the decision makers. Some unwelcome things have become apparent now that the fencing is in. Looks like we will be renting for a while. On the bright side, the Airbnb is very nice. But we will only be here for 4 weeks.
wrote on 4 Sept 2022, 23:43 last edited by@Horace said in Bad timing:
Some unwelcome things have become apparent now that the fencing is in
Like....?
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@Horace said in Bad timing:
Some unwelcome things have become apparent now that the fencing is in
Like....?
wrote on 5 Sept 2022, 00:07 last edited by@George-K said in Bad timing:
@Horace said in Bad timing:
Some unwelcome things have become apparent now that the fencing is in
Like....?
The yard is too small. The back yard, and the side yards. The windows in the bedrooms that face the side of the house, make those rooms feel like jail cells, with the privacy fence an arm’s length away.
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@George-K said in Bad timing:
@Horace said in Bad timing:
Some unwelcome things have become apparent now that the fencing is in
Like....?
The yard is too small. The back yard, and the side yards. The windows in the bedrooms that face the side of the house, make those rooms feel like jail cells, with the privacy fence an arm’s length away.
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@George-K said in Bad timing:
@Horace said in Bad timing:
Some unwelcome things have become apparent now that the fencing is in
Like....?
The yard is too small. The back yard, and the side yards. The windows in the bedrooms that face the side of the house, make those rooms feel like jail cells, with the privacy fence an arm’s length away.
wrote on 5 Sept 2022, 21:06 last edited by@Horace said in Bad timing:
@George-K said in Bad timing:
@Horace said in Bad timing:
Some unwelcome things have become apparent now that the fencing is in
Like....?
The yard is too small. The back yard, and the side yards. The windows in the bedrooms that face the side of the house, make those rooms feel like jail cells, with the privacy fence an arm’s length away.
I’m surprised that wasn’t obvious from the listing or sale documents.
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I'm surprised that the house and yard are like that. I would expect that in California, not in Texas.
wrote on 5 Sept 2022, 22:17 last edited by Horace 9 May 2022, 22:18@Friday said in Bad timing:
I'm surprised that the house and yard are like that. I would expect that in California, not in Texas.
These master planned communities are built to maximize number of houses. There’s lots of space, but that doesn’t mean lots of space per house. See for instance the satellite view I posted above.
Better lots are available, but they come at the cost of price and time. You have to buy the lot first, then build on it. The less expensive options are resale houses and inventory houses. Inventory are the new homes the builder builds on spec. If they complete before they go under contract, then they are sold at whatever price the market will bear. In a market like today’s, that is about 10% less than the wishful list prices of 4 months ago.
Right now we are considering buying a nice lot and building on it. That would take most of 2023 probably.
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@Horace said in Bad timing:
@George-K said in Bad timing:
@Horace said in Bad timing:
Some unwelcome things have become apparent now that the fencing is in
Like....?
The yard is too small. The back yard, and the side yards. The windows in the bedrooms that face the side of the house, make those rooms feel like jail cells, with the privacy fence an arm’s length away.
I’m surprised that wasn’t obvious from the listing or sale documents.
wrote on 5 Sept 2022, 22:20 last edited by@George-K said in Bad timing:
@Horace said in Bad timing:
@George-K said in Bad timing:
@Horace said in Bad timing:
Some unwelcome things have become apparent now that the fencing is in
Like....?
The yard is too small. The back yard, and the side yards. The windows in the bedrooms that face the side of the house, make those rooms feel like jail cells, with the privacy fence an arm’s length away.
I’m surprised that wasn’t obvious from the listing or sale documents.
It should not have come as a great surprise. But it’s all good. I’m excited to be free if this contract and re-enter the market in some months.
Then again we might find something tomorrow. Or we might decide to go with this current place at a substantial price reduction.
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wrote on 6 Sept 2022, 19:07 last edited by
After the open house this weekend, we just had two offers on our place - both for $20K over asking price (which will cover the neighbours septic cost). I don't want to jinx things, but things are actually looking up....
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After the open house this weekend, we just had two offers on our place - both for $20K over asking price (which will cover the neighbours septic cost). I don't want to jinx things, but things are actually looking up....
wrote on 6 Sept 2022, 19:09 last edited by@Doctor-Phibes Good news! Keep us posted, 'k?
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wrote on 6 Sept 2022, 19:15 last edited by
We also found a second mortgage provider who seems ok with a septic tank designed for only 4 bedrooms in a 5 bedroom house, when we're only using it as a 3 bedroom house.
Now we just wait for the septic inspection results...
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After the open house this weekend, we just had two offers on our place - both for $20K over asking price (which will cover the neighbours septic cost). I don't want to jinx things, but things are actually looking up....
wrote on 6 Sept 2022, 19:19 last edited by@Doctor-Phibes said in Bad timing:
After the open house this weekend, we just had two offers on our place - both for $20K over asking price (which will cover the neighbours septic cost). I don't want to jinx things, but things are actually looking up....
Awesome, glad to hear that.
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After the open house this weekend, we just had two offers on our place - both for $20K over asking price (which will cover the neighbours septic cost). I don't want to jinx things, but things are actually looking up....
wrote on 6 Sept 2022, 19:32 last edited byAwesome.
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wrote on 6 Sept 2022, 19:39 last edited by
Very good to hear, man.
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We also found a second mortgage provider who seems ok with a septic tank designed for only 4 bedrooms in a 5 bedroom house, when we're only using it as a 3 bedroom house.
Now we just wait for the septic inspection results...
wrote on 6 Sept 2022, 19:44 last edited by@Doctor-Phibes said in Bad timing:
We also found a second mortgage provider who seems ok with a septic tank designed for only 4 bedrooms in a 5 bedroom house, when we're only using it as a 3 bedroom house.
Now we just wait for the septic inspection results...
See there, prayer helps.
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@Doctor-Phibes said in Bad timing:
We also found a second mortgage provider who seems ok with a septic tank designed for only 4 bedrooms in a 5 bedroom house, when we're only using it as a 3 bedroom house.
Now we just wait for the septic inspection results...
See there, prayer helps.
wrote on 6 Sept 2022, 22:55 last edited by -
@Doctor-Phibes said in Bad timing:
We also found a second mortgage provider who seems ok with a septic tank designed for only 4 bedrooms in a 5 bedroom house, when we're only using it as a 3 bedroom house.
Now we just wait for the septic inspection results...
See there, prayer helps.
wrote on 6 Sept 2022, 23:01 last edited by@Jolly said in Bad timing:
@Doctor-Phibes said in Bad timing:
We also found a second mortgage provider who seems ok with a septic tank designed for only 4 bedrooms in a 5 bedroom house, when we're only using it as a 3 bedroom house.
Now we just wait for the septic inspection results...
See there, prayer helps.
So does cursing, apparently.