The Real Estate Thread: Buying/Selling/Tips/News

[spike]

Welp, we’re off to another auction on Saturday. Our expectation is this place is a bit of a stretch, and will end up going well over what we can pay, but there are some reasons it could land in our sweet spot. We won’t get our hopes up, and at the very least, this may drive home that we aren’t going to find what we’re looking for in this area and need to truly broaden our search.

Curious to see if the recent market dives affect how much buyers are willing to spend right now too.

Success

go on..

all sorts of people in the street for the auction. what is obvious now, is anyone serious will be in the direct vicinity of the auctioneer - as we've been both times - everyone else is just spectating or possibly plants.

anyway, the only bidders were us and the dude next to us. he came out hot with the opening bid, we upped it substantially but within reason, then the bids climbed at more nominal amounts til it reached the seller's reserve and slightly beyond. it was around then that the other bidder started looking at his phone - either staring at his bank account or surfing whatever site - and that's when i started to realize we might have it, which is when i started getting nervous. we had the highest bid; what followed was the auctioneer trying to squeeze just a bit more - even going back to the other bidder and asking if he'd like to go 1k more - then finally closing the auction.

i was kind of in a daze for the rest of the afternoon, coming down from the adrenaline of it all, and wrapping my head around that we went above our limit. we sat down a bit later and looked at things and we'll be fine, so only then was i able to really start enjoying it. what a fucked up way to buy real estate.

[doug rr]

congrats..cant imagine having to buy that way

[spike]

it's like a 10-15 minute process but feels like an hour. just fucked.

[tragabigzanda]

There is a wolf in me . . . fangs pointed for tearing gashes . . . a red tongue for raw meat . . . and the hot lapping of blood—I keep this wolf because the wilderness gave it to me and the wilderness will not let it go.

There is a fox in me . . . a silver-gray fox . . . I sniff and guess . . . I pick things out of the wind and air . . . I nose in the dark night and take sleepers and eat them and hide the feathers . . . I circle and loop and double-cross.

There is a hog in me . . . a snout and a belly . . . a machinery for eating and grunting . . . a machinery for sleeping satisfied in the sun—I got this too from the wilderness and the wilderness will not let it go.

There is a fish in me . . . I know I came from salt-blue water-gates . . . I scurried with shoals of herring . . . I blew waterspouts with porpoises . . . before land was . . . before the water went down . . . before Noah . . . before the first chapter of Genesis.

There is a baboon in me . . . clambering-clawed . . . dog-faced . . . yawping a galoot's hunger . . . hairy under the armpits . . . here are the hawk-eyed hankering men . . . here are the blonde and blue-eyed women . . . here they hide curled asleep waiting . . . ready to snarl and kill . . . ready to sing and give milk . . . waiting—I keep the baboon because the wilderness says so.

There is an eagle in me and a mockingbird . . . and the eagle flies among the Rocky Mountains of my dreams and fights among the Sierra crags of what I want . . . and the mockingbird warbles in the early forenoon before the dew is gone, warbles in the underbrush of my Chattanoogas of hope, gushes over the blue Ozark foothills of my wishes—And I got the eagle and the mockingbird from the wilderness.

O, I got a zoo, I got a menagerie, inside my ribs, under my bony head, under my red-valve heart—and I got something else: it is a man-child heart, a woman-child heart: it is a father and mother and lover: it came from God-Knows-Where: it is going to God-Knows-Where—For I am the keeper of the zoo: I say yes and no: I sing and kill and work: I am a pal of the world: I came from the wilderness.

[wease]

Spike storage warring for a house

[spike]

Deleted the real estate apps this morning. Now my attention turns to packing, as things could potentially move fast if the rental agency can find a new tenant for our current place quickly. The rental market is hot right now.

[spike]

Congrats spike, sounds like hell

I do not recommend!

Fortunate that my wife thrives at stuff like this (it’s a big part of what she does for a living), so she handled the bidding and did great. But she did admit even she was pretty anxious. She did great though.

We make a good team. I really felt this place would be attainable based on all the real estate legwork and research I’d been doing. It’s just a block outside of one of the postal codes that had sales going way over what was predicted, and has a shared wall with the adjacent property (somewhat common around here), which are both things that I felt would keep the price a bit under control. Also, more time had passed since the latest rate cut, and then the current market uncertainty made it feel like the timing might be just right.

[spike]

Also, I’m a pool guy now! So I’ll have to learn about pH levels and all that jazz. It’s just a small plunge pool, but the kid will love it, and I suppose we’ll get in there every now and then to cool off too. Only bummer is we’ll likely be moving in just as the temps really start to drop, so won’t get much use til later in the year.

[lennytheweedwhacker]

Nice...was it a foreclosure?

[96583UP]

congrats spike!

pools not that complicated

and on the bright side

every time you have to add pH reducer you can sing sonic reducer to yourself (like it do)

[spike]

congrats spike!

pools not that complicated

and on the bright side

every time you have to add pH reducer you can sing sonic reducer to yourself (like it do)

Haha thanks man

[spike]

Nice...was it a foreclosure?

Lenny I swear to god

[E.H. Ruddock]

Congrats spike!

[Sloppy Dupree]

What is the maximum acceptable HOA fee for a townhouse property in the 400-425k range?

[tragabigzanda]

There is a wolf in me . . . fangs pointed for tearing gashes . . . a red tongue for raw meat . . . and the hot lapping of blood—I keep this wolf because the wilderness gave it to me and the wilderness will not let it go.

There is a fox in me . . . a silver-gray fox . . . I sniff and guess . . . I pick things out of the wind and air . . . I nose in the dark night and take sleepers and eat them and hide the feathers . . . I circle and loop and double-cross.

There is a hog in me . . . a snout and a belly . . . a machinery for eating and grunting . . . a machinery for sleeping satisfied in the sun—I got this too from the wilderness and the wilderness will not let it go.

There is a fish in me . . . I know I came from salt-blue water-gates . . . I scurried with shoals of herring . . . I blew waterspouts with porpoises . . . before land was . . . before the water went down . . . before Noah . . . before the first chapter of Genesis.

There is a baboon in me . . . clambering-clawed . . . dog-faced . . . yawping a galoot's hunger . . . hairy under the armpits . . . here are the hawk-eyed hankering men . . . here are the blonde and blue-eyed women . . . here they hide curled asleep waiting . . . ready to snarl and kill . . . ready to sing and give milk . . . waiting—I keep the baboon because the wilderness says so.

There is an eagle in me and a mockingbird . . . and the eagle flies among the Rocky Mountains of my dreams and fights among the Sierra crags of what I want . . . and the mockingbird warbles in the early forenoon before the dew is gone, warbles in the underbrush of my Chattanoogas of hope, gushes over the blue Ozark foothills of my wishes—And I got the eagle and the mockingbird from the wilderness.

O, I got a zoo, I got a menagerie, inside my ribs, under my bony head, under my red-valve heart—and I got something else: it is a man-child heart, a woman-child heart: it is a father and mother and lover: it came from God-Knows-Where: it is going to God-Knows-Where—For I am the keeper of the zoo: I say yes and no: I sing and kill and work: I am a pal of the world: I came from the wilderness.

[doug rr]

Also, I’m a pool guy now! So I’ll have to learn about pH levels and all that jazz. It’s just a small plunge pool, but the kid will love it, and I suppose we’ll get in there every now and then to cool off too. Only bummer is we’ll likely be moving in just as the temps really start to drop, so won’t get much use til later in the year.

you'll wake up one morning wanting to jump in and it will have a salt croc, some snakes and a brown spider in there enjoying it as well...

[lennytheweedwhacker]

Nice...was it a foreclosure?

Lenny I swear to god

Brothel?

[spike]

Also, I’m a pool guy now! So I’ll have to learn about pH levels and all that jazz. It’s just a small plunge pool, but the kid will love it, and I suppose we’ll get in there every now and then to cool off too. Only bummer is we’ll likely be moving in just as the temps really start to drop, so won’t get much use til later in the year.

you'll wake up one morning wanting to jump in and it will have a salt croc, some snakes and a brown spider in there enjoying it as well...

more likely some hungover bloke who doesn't know where he is. we didn't buy in richmond though.

[Higgs]

Congrats Spike and fam. Auctions aren't much fun in my experience (on either side of the transaction).

Welcome to the Australian property owners club. No HOA fees is a definite plus I'm sure. Also, plunge pools are great.

[spike]

thanks mate, i think she'll be a beaut for us. can't wait to settle in.