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Real Estate
Reply to "Buying an old house regret"
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[quote=Anonymous][quote=Anonymous][quote=Anonymous]Like many on here, we thought the 6,000 sft new build craftman were gaudy and too large, boy did I turn out to be wrong. I just had our number two and my son is now 3 year old. Even with a nanny, DH and I are absolutely exhausted on the weekend from running repairs and meeting contractors for all sorts of work that needed to be done all over the place. We had our fridge and oven break over the course of the same month, our fridge installation had some issues because the waterlines were setup poorly in the house. Overtime, we found moldy spots in the carpeting and had to just live with it because putting hardwood floors is an investment we would never get our money back on. There were multiple leak on the roof that had to be patched. Our water heater had some issues despite being just 5 years old and our AC system had shorts, which we found was possibly due to the way the wiring is done in the house. If I had to do it all over again, I would just bite the costs and live in a new/new-ish build. I am really on the verge of losing it even with a nanny. I feel like even having a full butler won't make up for the headache of owning these old homes. My husband tried to convince me to go for a new build but I wanted to budget some cushion for our retirement and vacation. Boy do I regret it now. If you have young kids, i repeat, do not, ever buy an old house. You are better off renting in an apartment with repair on 24/7 standby or even a new townhouse. If you can stretch it, just buy a new build, the peace of mind of things working at least for the next 10 years is worth your sanity. [/quote] None of this relates to the house. My house was way worse of a fixer upper. Difference is I have no Nanny, my wife is stay at home which helps with the contractors schedules and I am handy and do most repairs myself. I bought my fixer upper when wife was nine months pregant and she had another one 21 months later. Work you described above for me would be something done very easily, call Lowes get new water heater, Fridge and oven. Pull carpet up over some beers, spray mold and order new carpet, hop on roof with some black tar and old paint brush. My house had alluminum wiring, foundation issues, main electric line issues, flooding issues, mold, needed new kitchen and two new bathrooms, new front and rear doors and all new paint and a new roof. Was easy in sense I had no money at the time. I fixed what I could on weekends. I painted whole house on a Pizza/Beer party with relatives and friends over. Trouble with a two income family with a Nanny no one wants to help you. The old home was great as it allowed my wife to stay home as it was cheaper. I sold the home and some shit just never got fixed. My rotted out rear porch is still rotted out. My flat roof still leaks sometimes, my lights flash if too much plugged in. The siding still looks like 1989. Someone bought it and they will fix what they can and pass it on. New construction was around 160K more than house I sold. Buyer will throw 10-15k patch it up and enjoy his 10-15 years. Just chill, or even better fire Nanny and stay home. You have a cheap house why work. [/quote] I’d like to hear your wife’s version of the story. I’m guessing if she was watching the kids all during the week while you worked, and all during the weekend while you had a few and played on house projects, and there was always something that needed to be worked on on the house, and it was never done - she might have a different perspective. I’m also curious why you moved from that house if it was so great and what kind of house you moved to. [/quote]
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