[familyguy]

[quote=bearishgurl]This “desire” of first time buyers could be compared to a newly-minted military wife of all of 18-22 years old waltzing into town and demanding a unit in Pacific Beach, Coronado or Pt Loma from the Navy Family Housing Office (yes, this happens every day). Never mind they grew up in a double-wide in Kentucky. They have decided they will NOT accept a unit unless it is located in one of those three areas. Hence, they end up taking the housing allowance and paying rent somewhere (likely NOT in one of their desired areas, lol) while they waitlist, often for years. When they can’t manage their rent and utility bills, they give up and move back “home,” wherever that is, to await the arrival of their deployed spouses and also usually their 1st, 2nd, 3rd or 4th child.

It seems there may be a pervasive mentality among first-time RE buyers that it’s all or nothing … exactly what they desire now or no purchase at all. What’s wrong with a “good enough for the next 5-10 yrs” property? How about a sweat-equity fixer in a GREAT location?? How ELSE are you going to buy in that GREAT location??
[/quote]

God forbid a new young wife wants to stay in a desirable housing area. WOW…BG sounds like you have some real anger issues. Since you know this happens “every day” I am assuming you may work in the Navy Housing office? Given how bitter you are, maybe it’s time to find new employment.

Regarding buying a house thats “good enough” thats a whole other discussion.

[familyguy]

Maybe just buying the basic home and upgrading it later is the way to go. More then likely you can get the built ins, flooring, baseboards, etc. much cheaper from a local business, and probably higher quality. Not to mention you don’t have to mortgage the cost of said upgrades over a 30 year period.

To do it over again i would have definitley done minimum builder upgrades and purchased them later as I had the extra cash as opposed to having them lumped into my mortgage. Live and learn I suppose.

Does anyone else see the logic in this approach, or am I missing something?

[familyguy]

Maybe just buying the basic home and upgrading it later is the way to go. More then likely you can get the built ins, flooring, baseboards, etc. much cheaper from a local business, and probably higher quality. Not to mention you don’t have to mortgage the cost of said upgrades over a 30 year period.

To do it over again i would have definitley done minimum builder upgrades and purchased them later as I had the extra cash as opposed to having them lumped into my mortgage. Live and learn I suppose.

Does anyone else see the logic in this approach, or am I missing something?

[familyguy]

Maybe just buying the basic home and upgrading it later is the way to go. More then likely you can get the built ins, flooring, baseboards, etc. much cheaper from a local business, and probably higher quality. Not to mention you don’t have to mortgage the cost of said upgrades over a 30 year period.

To do it over again i would have definitley done minimum builder upgrades and purchased them later as I had the extra cash as opposed to having them lumped into my mortgage. Live and learn I suppose.

Does anyone else see the logic in this approach, or am I missing something?

[familyguy]

Maybe just buying the basic home and upgrading it later is the way to go. More then likely you can get the built ins, flooring, baseboards, etc. much cheaper from a local business, and probably higher quality. Not to mention you don’t have to mortgage the cost of said upgrades over a 30 year period.

To do it over again i would have definitley done minimum builder upgrades and purchased them later as I had the extra cash as opposed to having them lumped into my mortgage. Live and learn I suppose.

Does anyone else see the logic in this approach, or am I missing something?

[familyguy]

Maybe just buying the basic home and upgrading it later is the way to go. More then likely you can get the built ins, flooring, baseboards, etc. much cheaper from a local business, and probably higher quality. Not to mention you don’t have to mortgage the cost of said upgrades over a 30 year period.

To do it over again i would have definitley done minimum builder upgrades and purchased them later as I had the extra cash as opposed to having them lumped into my mortgage. Live and learn I suppose.

Does anyone else see the logic in this approach, or am I missing something?

[familyguy]

[quote=bluehairdave]EVERYTHING is an upgrade at Toll Bros.[/quote]

I remember thinking that same think about Shay Homes before I bought. I really liked the models but it felt like if I wanted toilets or stairs as opposed to a hole in the floor and a ladder, both were upgrades. I’m exaggerating of course, but you all get the point.

[familyguy]

[quote=bluehairdave]EVERYTHING is an upgrade at Toll Bros.[/quote]

I remember thinking that same think about Shay Homes before I bought. I really liked the models but it felt like if I wanted toilets or stairs as opposed to a hole in the floor and a ladder, both were upgrades. I’m exaggerating of course, but you all get the point.

[familyguy]

[quote=bluehairdave]EVERYTHING is an upgrade at Toll Bros.[/quote]

I remember thinking that same think about Shay Homes before I bought. I really liked the models but it felt like if I wanted toilets or stairs as opposed to a hole in the floor and a ladder, both were upgrades. I’m exaggerating of course, but you all get the point.

[familyguy]

[quote=bluehairdave]EVERYTHING is an upgrade at Toll Bros.[/quote]

I remember thinking that same think about Shay Homes before I bought. I really liked the models but it felt like if I wanted toilets or stairs as opposed to a hole in the floor and a ladder, both were upgrades. I’m exaggerating of course, but you all get the point.

[familyguy]

[quote=bluehairdave]EVERYTHING is an upgrade at Toll Bros.[/quote]

I remember thinking that same think about Shay Homes before I bought. I really liked the models but it felt like if I wanted toilets or stairs as opposed to a hole in the floor and a ladder, both were upgrades. I’m exaggerating of course, but you all get the point.

[familyguy]

ocr and bg…you both make very good points. I guess it’s simply the mental aspect of seeing homes that were once 1.5 now on the market for under 900k. I have heard the stories, but hitting so close to home is a bit of a shocker.

[familyguy]

ocr and bg…you both make very good points. I guess it’s simply the mental aspect of seeing homes that were once 1.5 now on the market for under 900k. I have heard the stories, but hitting so close to home is a bit of a shocker.

[familyguy]

ocr and bg…you both make very good points. I guess it’s simply the mental aspect of seeing homes that were once 1.5 now on the market for under 900k. I have heard the stories, but hitting so close to home is a bit of a shocker.

[familyguy]

ocr and bg…you both make very good points. I guess it’s simply the mental aspect of seeing homes that were once 1.5 now on the market for under 900k. I have heard the stories, but hitting so close to home is a bit of a shocker.

[Author]

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