Results 1 to 7 of 7
Thread: Fixing the Foreclosure
LinkBack URL
About LinkBacks-
03-31-2010, 05:33 PM #1Registered User
- Join Date
- Dec 2007
- Location
- new jersey
- Posts
- 863
- Post Thanks / WTG / Hug
- Blog Entries
- 1
- Rep Power
- 9
Fixing the Foreclosure
Some of you may remember that I purchased a foreclosure last year We closed the end of Decemeber and started working around the second week in Jan. Needed to get permits new meters house didnot have power for over 2 years and inspections It is 2 1/2 months later and I would say we are 80 percent done with what we need to accomplish before we move in. This has been quite the expierence we have done all the work ourselves Dh Ds me and ds #2 and a occasional person who needed work for the day The kitchen was a gut job only thing contracted out was the granite install. We hardwooded the entire house ourselves New heating system as the former owners cut the old one out and took it with them Discovered today that the washing machine that was left doesnt run probably because it has no motor they took that too. I estimate that we have invested 20,000.00 so far which is about on target and what we figured. I estimate that we will need and additional 10,000.00 to do all the things I still want to do. It has been an incredible amount of work and it was much easier to do remodels when we were younger but definitealy worth it. My dh is a contractor if we had to hire all this work out would have been at least double if not triple the cost. My advise if you can get a good property cheap and can do the work yourself go for it I have already been offered more than twice what I paid for the property but I said no way this is my dream home and Im not selling
Married to DH Manny 22 years
Mom to DS Rob dil Kelly Ds Tom DD Jen soninlaw Jason DS Manny jr
Furbabies Foxy and Loki
-
03-31-2010, 07:36 PM #2Super Moderator
- Join Date
- Oct 2002
- Location
- Upstate NY
- Posts
- 27,967
- Post Thanks / WTG / Hug
- Rep Power
- 61
Glad you found a home and made it so it means bunches to you. Enjoy!
~*Darlene*~
Live Well~LaughOften~Love Much
"Too often we underestimate the power of a touch, a smile, a kind word, a listening ear, an honest compliment, or the smallest act of caring, all of which have the potential to turn a life around."
Leo Buscaglia
2012 Challenges
Books Read: 43
:
Become a Fan of Frugalvillage on Facebook!
-
03-31-2010, 07:50 PM #3Registered User
- Join Date
- May 2009
- Location
- Florida
- Age
- 58
- Posts
- 5,311
- Post Thanks / WTG / Hug
- Rep Power
- 33
Congratulations! Sounds like you are coming to the end of the work. I truly hope you enjoy your dream home and you all make many happy memories in it. Hugs long distance
Bank of America is THE godfather of Hell with Wells Fargo running neck and neck. When the world ends the only things that will be left are cockroaches, Walmart, Wells Fargo and Bank of America. Not necessarily in that order. The order remains to be seen.
Challenges
Coupon Challenge May
$00.00
Year / $
May/ Grocery
$/Goal $400 Total
Eat Out No More May
Goal 20
Accomp/18
No Spend Challenge
Goal 10/
Accomp/15
-
03-31-2010, 08:27 PM #4Moderator
- Join Date
- Mar 2008
- Location
- Central NY
- Posts
- 2,146
- Post Thanks / WTG / Hug
- Rep Power
- 19
Sounds like it is all coming together for you
We end up doing a lot of DIY around here ourselves.--------My signature--------
The economy is now uncharted waters... grab a oar and start rowing. ~~
Put the frog in pot, turn up the heat real slow, and the frog doesn't hop out. And by the time he realizes, he should , it's too late... think about it.
-
04-01-2010, 05:25 AM #5
they took the motor out of the washing machine...aghast. speechless.
11% gross to retirement
10% takehome to tithe and offerings
emergency fund maintained at 3000(works for me)
credit card debt 7500
mortgage free
freedom accounts/sinking funds that ebb and flow
then live on the rest!
i am trying something new. LDS church advises savings or debt repayment should be the same as the tithe. 10% each.
"i create prosperity, abundance, and savings for me and my household"
-
04-01-2010, 09:41 AM #6Rude and Vile Master
- Join Date
- May 2008
- Location
- Baltimore, Maryland
- Age
- 43
- Posts
- 8,243
- Post Thanks / WTG / Hug
- Rep Power
- 71
This thread is useless without pics!
If you could kick in the pants the person responsible for your problems, you wouldn't be able to sit for a month.
Did you know that a 4 year student paying $20,000/year who finances their education graduates with over $103,000 in debt to start? But a student who works and pays cash and takes 6 years to graduate ends with $6,300 in their pocket! So much for "getting a head start by financing!"
Greebo(Nerd Spender): Loving and extremely patiently tolerated husband of ceashels.
WARNING: Y Chromosome behind the keyboard. Adjust your listening filters appropriately!
ThreeTwo mortgages,twooneno car loans,oneno credit cards, and a partridge in pear tree!
-
04-01-2010, 11:17 AM #7Registered User
- Join Date
- Sep 2008
- Location
- Connecticut
- Posts
- 865
- Post Thanks / WTG / Hug
- Rep Power
- 8
Sounds like a happy ending to me!
Congratulations!!!Judy
never loose site of the big picture
Reply With QuoteSimilar Threads
-
Help fixing iron
By 2ndGenGranola in forum DIYReplies: 8Last Post: 12-10-2010, 02:30 PM -
Fixing the Foreclosure
By Lora88 in forum General ChatReplies: 1Last Post: 03-31-2010, 07:51 PM -
It's fixing to hit the fan
By IamBlessed in forum General ChatReplies: 27Last Post: 07-27-2008, 09:07 PM -
Fixing a scar?
By my4littlebuffaloes in forum General ChatReplies: 4Last Post: 05-07-2007, 10:29 AM -
Are you fixing anything outside this spring?
By homesteadmamma in forum DIYReplies: 7Last Post: 05-23-2005, 10:13 AM
Bookmarks