Every time she complains about it I will say talk to the squirrel. I can say **** like that I survived menopause. Older posters will get that and appreciate it, those of you that have not....well impossible to explain.
I may learn taxidermy just to do mounts like that, I would do the arm to the opposite elbow with the middle finger sticking up for european effect.
She's going to ultimately fall upon your account here and see the clock changes on the stove, ahh hell, who am I kidding? Ride that **** to the end, you could be the trend setter the world is after
in states with high property taxes, you might as well rent. As your property values flatline/decrease, your property taxes increase, creating inverse equity when considering per month costs. Easier and better off to just pay a little more in rent than you would in mortgage, pull the plug and move when you get sick of the place or can afford a better one. (Soon to be) 3 homes sold, and I have yet to make money on any real estate in Illinois in the 15 years I have lived here. Between mortgage, interest, property taxes; and maintenance- I EASILY would have been better off financially and honestly happier renting the entire time. That's not even figuring in the thousands of hours I have spent working on them to maintain/increase value. Thinking of how much time and stress that household repairs have put me through...goddamn. I could have spent all those hours in a treestand on dates with my wife. No wonder I drink.
Just an example- OK, that's great say you are "smart" and pay that sucker off in 15 years: Oh, but wait- don't forget you paid an extra $900/mo out of pocket to do that. So by comparison to the 30 year where if you had saved every dime of that per month difference, at the 15 year mark you may have paid off the note but you are now $162,000 in liquid cash poorer than you would be at this point if you were paying the 30yr. So in spite of that, you think you did a good job because you are now 'free and clear' on your house... but now your $330k "asset" that you paid a 55% premium for the privilege of "owning" outright is now in need of a roof ($12k), a new water heater, a new driveway, some foundation work, and completely updated decor. Sure would be nice to have $50-100k laying around to completely renovate your home. Oh, and I forgot to mention that those wood-surrounded corn fields your subdivision was surrounded by 15 years ago when you bought the place? Those are all brand new subdivisions with brand new homes. So that house you bought needs that 50k-100k in repairs just to list it at about the price you bought it at 15 years ago, which means it really cost you about $675K or $3750/mo to buy that place... but that doesn't really matter when a potential buyer can get exactly the same brand new house at the same listing price as you, with all the fixins and a nice home warranty with an FHA loan for next to nothing points-wise and enjoy all those new schools and roads your retarded property taxes paid for all these years. Homeownership- it's the American dream. -or- you could rent a really nice place for $3000/mo stress free and save/invest that $750/mo ($9k/yr) for those 15 years...at a VERY modest return rate of 5% for those 15 years, that comes out to almost $200k...at 8%, it's almost $250k. The concept of mortgaged home ownership being a good investment is a JOKE; especially so in states with high property taxes. Rent, invest extra cash, and then at the end of those 15-20 years buy your retirement home in a low property-tax state IN CASH.
Sorry Noodles even in Minnesota with it's high taxes when I sold my ranch I got over 3 times what I paid for it. Moving to the lake my house payment went up less than $300 per month from what my original monthly payment was on the ranch. I guess I got lucky.
We bought a home in a heavy tax area 5 yrs ago. We looked up what it would sell for now and it's up 150! Def a seller's market here in NY
I see now we good folks at U>S>A Are going to pay for any abortion, worldwide !!!! Yes joe Biden signed the E O Order yesterday !!!!! Not enough people out of work, not enough people that cant pay rent or mortgage, We need to send $ to all citizens every few months, Biden so far killed thousands of jobs < Our daughters must play sports and shower with the Boys, NOW WE HAVE TO PAY FOR WORLD WIDE ABORTIONS !!KISS MY &%%$#
You sold it for 3x what the actual original purchase price was; or 3x the amount of real dollars it cost you over those years with interest, property taxes, homeowners insurance? How much money did you put into upkeep? How many labor hours? And correct me if I am wrong, but did you not have some acreage? That's a whole other ball of wax and good on you for that. Land is pretty much always increasing in value- homes do not nearly so much.
what's heavy tax in NY? $15k/year? So in 5 years you have paid $75k in property taxes...plus (assuming you mortgaged) probably something like a minimum of $1000/mo on the note; so @ 60mos with the taxes you have paid roughly $135k there (and barely made a dent in your principle), plus another $5000 total in homeowners insurance, so you're roughly at just about $150k in real out of pocket cash to list your house today at...$150k more than your purchase price. Add in 5% realtor commission, you're already in the hole or at best a wash. And that's not counting upkeep, renovations, and labor hours. Not to depress you. In the words of the immortal Tyler Durden- or more accurately; the things you finance do.
I did say there's a caveat for property. You are getting much more utility than just a roof over your head which means you are willing to pay for that extra utility. Plus land is (almost) always increasing in value as there is an ever shrinking supply market with increased demands by developers. And Bill Gates. The homes that get thrown up on top of the dirt are an ever expanding supply, which keeps the existing home market flat or suppressed. Supply and demand.
Aaaahhh....no morgage in years. Increased acre at a fraction of market value and payed cash. No realators involved I wrote contracts and used our lawyer. Relative low tax area. Timber value. 4 contiguous properties making division easy if wanted or gifting to kids easy. Value has tripled since purchase but kept taxes low by contesing every increase attempt.
OK, well sorry but $1900/year is ***NOT*** high property taxes, and you haven't answered my question- you sold it for 3x what you bought it for, or 3x what it cost you in real dollars (original purchase price +totality of interest, taxes, homeowner's insurance + upkeep/renovations) If I had to guess your property were in Illinois you would have been paying well over $19,000/year in property taxes. I was paying $12k/yr on my last house and it was on 1/3 of an acre.
Actually a lot of the remodel was covered thru an insurance claim because of ice dams. The master was gutted, the front full length of the house room, and kids bedrooms. Granted it was a lot of labor by me. I worked on the place and the land a great deal but the land is why people wanted it the lot with the ponds and the privacy. I knew what I was buying. The people that bought my place more than doubled the size of the house, good for them enjoy it.
