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Old 09-25-2008, 02:38 PM   #41
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Starter home? NO. This is my fourth home. The others were all over 3,000 sq. ft. This is my Last home. And truly the best. It's really about the orginal poster, just a head's up on making sure she has enough room for a growing family.
I wasn't talking about you when I mentioned a starter home - I was talking about Saphellae and her SO. When you're first starting out, as they are, and don't have a lot of furniture or other stuff that needs storage, a smaller home can be much easier to handle.
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Old 09-25-2008, 04:05 PM   #42
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Be wary of condo's, they can have some of the weirdest rules and reg. that can drive you crazy. Be sure you read ALL of their legal documents pertaining to their rules and reg. before you make a decision, once you get locked in, you might have trouble sell because of the rules and reg.s. Good luck and good hunting.
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Old 09-25-2008, 04:44 PM   #43
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Ask the owner to see their utility bills. Things like oil, electricity, gas, etc.
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Old 09-25-2008, 07:28 PM   #44
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Drama, if you're buying your first home, chances are you're coming from a dinky apartment like I am. Over 1100 square feet is PLENTY for just me and Nick, and a baby if one decides to come along.
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Old 09-25-2008, 09:21 PM   #45
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Ask the owner to see their utility bills. Things like oil, electricity, gas, etc.
I have to disagree with this one. Asking to see someone's utility bills is like asking to see their food budget figures. Utility bills tell you nothing except how much THAT family used in a given timeperiod. I use far less gas and electricity than my neighbor, who also lives alone, so figures like that don't count. I would check on the taxes because those are fixed expenses and ask about future assessments that could cost you a bundle.
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Old 09-25-2008, 09:22 PM   #46
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Drama, if you're buying your first home, chances are you're coming from a dinky apartment like I am. Over 1100 square feet is PLENTY for just me and Nick, and a baby if one decides to come along.

I never lived in a dinky apartment and this is my fourth and LAST home.
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Old 09-25-2008, 09:25 PM   #47
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I have to disagree with this one. Asking to see someone's utility bills is like asking to see their food budget figures. Utility bills tell you nothing except how much THAT family used in a given timeperiod. I use far less gas and electricity than my neighbor, who also lives alone, so figures like that don't count. I would check on the taxes because those are fixed expenses and ask about future assessments that could cost you a bundle.
It can actually tell you quite a lot. For instance, my house has an inground pool. By looking at the utility bills of the past owners I was able to see how much the pool caused the energy consumption to go up each summer. Sure there are many factors which could change or skew the numbers, but it does give you an idea at least and that is better than nothing. If you see that the oil consumption is higher than you expect then you can question why. Maybe the furnace is not very efficient. Maybe the insulation is not sufficient. Maybe the windows need to be redone. It just gives you more information to make your decision.
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Old 09-25-2008, 09:31 PM   #48
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If you are able, talk with your prospective neighbors as well. They can tell you about the freight train that goes by 50 yards from your new home every 3:00 a.m., as well as other things!

Barbara
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Old 09-25-2008, 10:09 PM   #49
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I never lived in a dinky apartment and this is my fourth and LAST home.
Then consider yourself lucky.
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Old 09-25-2008, 10:26 PM   #50
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Looks like things are pretty well covered, the corporate outgoings left to check though. For that unit here we would be paying $250K to $350K depending on it's age. In say inner city Sydney or Brisbane, $800K to $1.2M. Rent here for a 3 bed unit is $450 to $600 a week, I don't know what city rents are like.
Accommodation is critical for us, rental vacancies are less than 1% of the market, last Tuesday Sydney [5 million people] had 735 houses and units listed for rent, things are pretty tight.
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