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House Buying Anxiety
Posted on 7/27/09 at 2:46 pm
Posted on 7/27/09 at 2:46 pm
The wife and I offered asking price on a home. Then we learned that another offer was turned in above asking. Our offer was accepted. Getting anxious as this is by far the largest purchase I've made to date.
House
We can afford it, and the wife really likes. Good idea or bad idea?
House
We can afford it, and the wife really likes. Good idea or bad idea?
This post was edited on 7/27/09 at 2:47 pm
Posted on 7/27/09 at 2:56 pm to jglass3lsu
$344k for 1586 sq ft built in 1953? I don't know too much about Houston real estate, but unless you got it way below list price or you work nearby I'd say you probably could have gotten a much better deal in the Houston area.
Posted on 7/27/09 at 3:05 pm to jglass3lsu
If you and the wife are happy, don't look back. Enjoy your new castle! ![](https://images.tigerdroppings.com/Images/Icons/Iconcheers.gif)
![](https://images.tigerdroppings.com/Images/Icons/Iconcheers.gif)
Posted on 7/27/09 at 3:35 pm to jglass3lsu
Got some really nice upgrades with that house. Congrats.
Posted on 7/29/09 at 7:56 am to jglass3lsu
quote:
We can afford it,
Evidently many of the decisions you've made in life to this point have been good decisions. Congrats.
quote:
and the wife really likes.
Always a good thing.
It looks like whoever remodeled the home did a really good job. Granite in kitchen is a must, in the bath is lagniappe.
Plantation shutters are ridiculously and surprisingly expensive. Not having to cover those windows = saved $$$.
Really nice yard. Don't know Houston market, but sounds like a very good area, which I find to be better long term than a "good deal" in a lesser location.
All in all, well done.
Posted on 7/29/09 at 2:09 pm to jglass3lsu
BAD IDEA!
...to blast all over your future home address on TD.COM that is.
...to blast all over your future home address on TD.COM that is.
Posted on 7/29/09 at 9:05 pm to jglass3lsu
Reminds me of my first purchae. Had just moved from BR into Arlington VA. I knew prices would be much higher but was a bit apprehensive about offering $225/sf. I got it and moved in.
My first HOA meeting one of the officers was looking over recent sales and commented that someone had bought a place at an amazingly high price, the highest in the neighborhood ever, in fact. It was, of course, mine. Scary.
But that was in 2002. The current appraised value is about $440/sf even after the bust. A couple of years ago comps were around $500/sf. So sometimes it works out anyway.
Get over the jitters and get into your new home! So long as you can make the payments it's all good.![](https://images.tigerdroppings.com/Images/Icons/Iconcheers.gif)
My first HOA meeting one of the officers was looking over recent sales and commented that someone had bought a place at an amazingly high price, the highest in the neighborhood ever, in fact. It was, of course, mine. Scary.
But that was in 2002. The current appraised value is about $440/sf even after the bust. A couple of years ago comps were around $500/sf. So sometimes it works out anyway.
Get over the jitters and get into your new home! So long as you can make the payments it's all good.
![](https://images.tigerdroppings.com/Images/Icons/Iconcheers.gif)
Posted on 7/30/09 at 12:58 pm to jglass3lsu
quote:
House Buying Anxiety
The wife and I offered asking price on a home. Then we learned that another offer was turned in above asking. Our offer was accepted. Getting anxious as this is by far the largest purchase I've made to date.
Go for it. I don't know if that's considered the Heights or not, but that's what housing is going for out there. Probably $250K for the lot and $95K for the improvements.
That's the going rate out there.
BTW, there's a great coffeehouse; Waldo's at 1030 Heights Blvd. In the back, there's a sign nailed to a tree, "Tigers Fan Parking."
![](https://images.tigerdroppings.com/Images/Icons/Icongeauxtigers.png)
Good luck with the house....and enjoy!
This post was edited on 7/30/09 at 1:00 pm
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