T-N-T
Senior Member
Don't buy a house too close to your in-laws.
Don't buy a haunted house.
Never buy a 2 story house, when you get old/drunk you sure don't want to be climbing stairs.
My house was built in 1977 on concrete blocks, surrounded by wonderful neighbors, absolutely love it! Very solid and homey, nice original cedar siding and brick. $110k. Valued at $145k after 2 years.
What other kind of foundation is there? 99% of them here are concrete block foundations, some of them really old with no problems that I know of? I reckon y'all don't have basements down there?
I also don't understand the mindset of folks who act like buying a house is mainly for a financial thing. If I buy a house, I want it as a home to live in, pure and simple. And I don't plan on selling it to make money. I'd rather have a rusty trailer or tarpaper shack or tipi out in the middle of nowhere as a 500k house in a HOA subdivision to live in, any day and twice on Sunday. If I want to make a strictly financial investment, I'll do it somewhere else except my home.
No basements down in this part of the country. I don`t guess I`ve ever even seen a basement.
One down here would probably end up being an indoor swimming pool.
For you younger folks.....never buy a house, keep living with your parents. They enjoy the company and smarmy banter about your job prospects.
I call mine squatters. I have 2. They are fully self funded except for their housing, and honestly, they don’t cost me much to have around, and frequently help out.
Sorry to the OP for getting off topic but I have found just about every house you buy has it's own unique quirks or challenges unless it is in a cookie cutter subdivision.
Couple that with the neighborhood's value cratering. By 2012, half of the hood' was in foreclosure. Those were bought out by REIT, and converted into rentals. So today, with over half of that neighborhood being rental property, it really is a "hood." Cops are prowling the streets everyday. Pitbulls are prowling the streets. Empty 40's in the gutters. Trash everywhere. Lawns that have not seen a lawnmower since the last time the county made them cut it. Roofs with blue tarps rotting away on them, with little hope of new shingles going in.
We finally managed to dump it on a rental company, and break even on the mortgage.
So there's a slew of nevers for the thread.
Here's another never.
Never buy a house with vaulted ceilings. They cost a fortune to heat and cool.