SubieBlkOut Posted April 16, 2009 Share Posted April 16, 2009 Seems like a lot of these threads lately! My offer of 165K was accepted on this house: http://www.zillow.com/homedetails/171-Mountain-Cloud-Cir-Highlands-Ranch-CO-80126/13437695_zpid/ Going to sign the paperwork to get it officially under contract tonight then the fun begins. It needs some TLC, nothing terrible, a little sweat equity! What do you guys think? Sean Link to comment Share on other sites More sharing options...
Legend Posted April 16, 2009 Share Posted April 16, 2009 Nice! Smokin' deal. You will definitely make money and live free here over the long run. Congratulations! My '05 LGT My '07 Supercharged Shelby Link to comment Share on other sites More sharing options...
tommypenguin Posted April 16, 2009 Share Posted April 16, 2009 Congrats Sean, party at your place coming up. Link to comment Share on other sites More sharing options...
rosscarlson Posted April 16, 2009 Share Posted April 16, 2009 Congrats! Link to comment Share on other sites More sharing options...
Underdog Posted April 16, 2009 Share Posted April 16, 2009 Congratulations! My wife and I just reached an agreement with a seller as well... It was a ~2yr process to find a house but it was worth it! Loving that $8k tax credit too. edit: Just realized this was in regional forum... Just thought I'd stop by and share the joy! The Crimson Dynamo Link to comment Share on other sites More sharing options...
Jerboa113 Posted April 17, 2009 Share Posted April 17, 2009 nice price.. that house reminds me of home.. now.. after almost 2 years of work that is. When i bought this place it was a dump. I'm looking to move up ASAP too if I can get out of this place. congrats. "The penalty good men pay for indifference to public affairs is to be ruled by evil men." - Plato Link to comment Share on other sites More sharing options...
Hops Posted April 17, 2009 Share Posted April 17, 2009 Sweet deal! Definitely a fixer-upper, but it has a lot of potential! Just got done doing mine. Still have a few finishing touches left. Buy my cars! Link to comment Share on other sites More sharing options...
BWD Posted April 17, 2009 Share Posted April 17, 2009 Congrats bro! Nothing like the joy of putting your blood sweat and tears into something that you can appreciate! Link to comment Share on other sites More sharing options...
SubieBlkOut Posted April 17, 2009 Author Share Posted April 17, 2009 Thanks for the comments guys. I walked through the house again last night with my dad and he liked it as well. I already have a lot of plans for it. I will keep you guys posted on the turnout. Link to comment Share on other sites More sharing options...
johnAWD Posted April 17, 2009 Share Posted April 17, 2009 Awesome - congrats! Link to comment Share on other sites More sharing options...
Jerboa113 Posted April 17, 2009 Share Posted April 17, 2009 careful... this may replace your car as your money pit. it happened to me. if I get a bonus, even if its a large bonus.. it goes intot he house and I'm broke again. the good thing is (and its not really a good thing but for you it is) a lot of contractors are starving out there for work.. so they're cutting prices to the bone. I am going in about 30 minutes to look at granite for my ktichen cos its the same price as laminate! "The penalty good men pay for indifference to public affairs is to be ruled by evil men." - Plato Link to comment Share on other sites More sharing options...
ParkerGTL Posted April 17, 2009 Share Posted April 17, 2009 Concrates on the house, but sorry you will have to live in DC. The 231k they value your house at will never reflect the 165k you pay and they will not reduce it and lower your taxes. Also hope the basement was finished, or that makes your new place 159/SQ FT, that's a bit much a a JPMorgan repo... Just MHO and hope this is the bottom for real estate in DC for your sake. Parker-16 years in DC Link to comment Share on other sites More sharing options...
Jerboa113 Posted April 17, 2009 Share Posted April 17, 2009 I kinda hope we're at the bottom for all realestate. I'm dumping tons of money into my house and i'm really afraid I might be upside down on it. "The penalty good men pay for indifference to public affairs is to be ruled by evil men." - Plato Link to comment Share on other sites More sharing options...
SubieBlkOut Posted April 17, 2009 Author Share Posted April 17, 2009 Concrates on the house, but sorry you will have to live in DC. The 231k they value your house at will never reflect the 165k you pay and they will not reduce it and lower your taxes. Also hope the basement was finished, or that makes your new place 159/SQ FT, that's a bit much a a JPMorgan repo... Just MHO and hope this is the bottom for real estate in DC for your sake. Parker-16 years in DC No finished basement which is what I was looking for. People are too stupid to finish basements on cheaper houses like this one. They have no imagination, no skills, and no workmanship. I plan on doing the basement myself later down the road. I wanted to get out of DC but they are going to give me 15K down payment assistance, free for 5 years then 3% interest for 25 years after. So I decide to take their money! Plus Obama's 8K. I figure I can put 20K-25K into the house and live and be happy there for the next 3-5 years then rent it, make money on the house every month, and upgrade to a nicer place. Or I can sell and should be able to make a pretty good profit on the place. Link to comment Share on other sites More sharing options...
Jerboa113 Posted April 17, 2009 Share Posted April 17, 2009 obama's 8k? you mean my 8k and everyone else's? sean does your area have an hoa? If so that 3-5 year plan is sound.. if not.. well lets just say 3 years can destroy all your hard work because of things just beyond your property lines. "The penalty good men pay for indifference to public affairs is to be ruled by evil men." - Plato Link to comment Share on other sites More sharing options...
SubieBlkOut Posted April 17, 2009 Author Share Posted April 17, 2009 Yeah I know that it is tax payer money but I will take full advantage of a Democratic government. ( I don't agree with hand-outs but I can't change how 'the people' voted). Yeah it has a very strict HOA. I know you aren't in CO but Highlands Ranch is like Nazi suburbia hell. A bunch of middle to high class people in a bedroom community. It is a really prosperous area for a home. Link to comment Share on other sites More sharing options...
Jerboa113 Posted April 17, 2009 Share Posted April 17, 2009 Yeah it has a very strict HOA. I know you aren't in CO but Highlands Ranch is like Nazi suburbia hell. A bunch of middle to high class people in a bedroom community. It is a really prosperous area for a home. :lol: Then I hope you dont get fined if your grass gets 1/4" too tall! I'm in the opposite area. an HOA is overall a good thing tho because it protects your investment. "The penalty good men pay for indifference to public affairs is to be ruled by evil men." - Plato Link to comment Share on other sites More sharing options...
Legend Posted April 17, 2009 Share Posted April 17, 2009 obama's 8k? you mean my 8k and everyone else's? Damn. You beat me too it darkfox! I'm on my lunch hour taking a break from making money for Obama. Not that I blame Sean for taking advantage of it... My '05 LGT My '07 Supercharged Shelby Link to comment Share on other sites More sharing options...
Jerboa113 Posted April 17, 2009 Share Posted April 17, 2009 nor I. "The penalty good men pay for indifference to public affairs is to be ruled by evil men." - Plato Link to comment Share on other sites More sharing options...
SubieBlkOut Posted April 17, 2009 Author Share Posted April 17, 2009 Damn. You beat me too it darkfox! I'm on my lunch hour taking a break from making money for Obama. Not that I blame Sean for taking advantage of it... Give me a break guys! I am a poor 24 year old about to buy a house....my life of partying is over! Link to comment Share on other sites More sharing options...
Jerboa113 Posted April 17, 2009 Share Posted April 17, 2009 haha, thats for sure.. nowadays when anyone visits me they help me work on my house and when I visit them we go to lowes and look at stuff for my house I was 25 or 26 when I bought this house. I honestly dont remember.. "The penalty good men pay for indifference to public affairs is to be ruled by evil men." - Plato Link to comment Share on other sites More sharing options...
SubieBlkOut Posted May 20, 2009 Author Share Posted May 20, 2009 Leaving for closing right now!!!! I will be a new home owner in about 2 hrs. Link to comment Share on other sites More sharing options...
Legend Posted May 21, 2009 Share Posted May 21, 2009 Congrats! Waiting for the pic of the LGT in front of the new home... My '05 LGT My '07 Supercharged Shelby Link to comment Share on other sites More sharing options...
Jerboa113 Posted May 21, 2009 Share Posted May 21, 2009 +1 "The penalty good men pay for indifference to public affairs is to be ruled by evil men." - Plato Link to comment Share on other sites More sharing options...
tingtang Posted May 21, 2009 Share Posted May 21, 2009 congrats man... anything under 200k in highland ranch is a good deal.... Link to comment Share on other sites More sharing options...
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