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Bedlam

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Posted: 02/17/20 10:46am Link  |  Quote  |  Print  |  Notify Moderator

In our case, this home will not be financed but it could be issue at resale. We are looking at living options in 900-1200 sqft and it is harder to find builders willing to commit to something with that low of a margin due to size.


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tmartin000

Washington

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Posted: 02/17/20 11:00am Link  |  Quote  |  Print  |  Notify Moderator

If, you build it, you specify that it be built at FHA quality, you can get a regular mortgage. Last we checked it was about 15k more.

Camper_Jeff_&_Kelli

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Posted: 02/17/20 01:46pm Link  |  Quote  |  Print  |  Notify Moderator

Of course you can always try to find something already built in a place you like and not have to deal with all the Bull Poop. Friend of mine just retired, sold his North Bend home he built 30 years ago and bought a place on the Columbia North of Daroga State Park. He's got room for his trailer and toys on the property.


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Bedlam

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Posted: 02/17/20 04:50pm Link  |  Quote  |  Print  |  Notify Moderator

I can afford a purchase in phases without financing but cannot fund the entire purchase at once. I cannot save as fast as prices are going up, so delaying a partial purchase just makes it less affordable on a single income.

spacedoutbob

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Posted: 02/20/20 07:34pm Link  |  Quote  |  Print  |  Notify Moderator

Thank you very much for posting the camper videos. It's nice to see so many different campers. I was disappointed with the Pleasanton RV Show this year, as they only had a couple brands of campers. Great Job!

Spaced-Out Bob (Chan) in Oakland, Calif.


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restlessways

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Posted: 02/21/20 01:49am Link  |  Quote  |  Print  |  Notify Moderator

Bedlam wrote:

I can afford a purchase in phases without financing but cannot fund the entire purchase at once. I cannot save as fast as prices are going up, so delaying a partial purchase just makes it less affordable on a single income.


My friend, that tells you all you need to know about the housing bubble. It is unsustainable. I saw this same thing last go 'round in WA. I sold my house and sat on the cash until the whole shebang collapsed, then turned around and bought 4 acres of property from the bank for 17 cents on the dollar, with some 2nd growth red cedar and fir to boot. The previous owner paid $135k and lost it. I gave them $24k cash. I had a well drilled, 4 bedroom septic installed, and 360 amp service put in. I set up an RV pad and built myself a small cabin as well. Then prices went stupid again and ..... I sold it off for a 300% profit after using it for more than 5 years. And I'll do it all over again when this one crumbles to the ground. Do yourself a favor and keep your powder dry.

Kayteg1

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Posted: 02/21/20 08:24am Link  |  Quote  |  Print  |  Notify Moderator

My friend bought a land in Hawaii unseen, becouse she fund excelent deal on the internet. Since then volcano covered it with lava.
She would gladly sell it for 17 cents on a dollar.
But frankly, the situation when houses will sell in US below cost of build is not going to happen again. At least not in our life.





restlessways

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Posted: 02/21/20 12:25pm Link  |  Quote  |  Print  |  Notify Moderator

Kayteg1 wrote:

My friend bought a land in Hawaii unseen, becouse she fund excelent deal on the internet. Since then volcano covered it with lava.
She would gladly sell it for 17 cents on a dollar.
But frankly, the situation when houses will sell in US below cost of build is not going to happen again. At least not in our life.


I'd love to make a large wager with you on this, held in an escrow account.

Camper_Jeff_&_Kelli

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Posted: 02/21/20 11:18pm Link  |  Quote  |  Print  |  Notify Moderator

spacedoutbob wrote:

Thank you very much for posting the camper videos. It's nice to see so many different campers. I was disappointed with the Pleasanton RV Show this year, as they only had a couple brands of campers. Great Job!

Spaced-Out Bob (Chan) in Oakland, Calif.


Glad you enjoyed the videos. I have continued my research and spoken with others who are looking for new campers too. A couple of us have saddled up more firmly on the AF 865. A 10.5 version would be my choice and Bigfoot makes a mid bath 10.4 mid dry bath. I'd prefer a wet bath and another wardrobe cabinet space.
Take care.

Camper_Jeff_&_Kelli

Seattle

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Posted: 02/21/20 11:22pm Link  |  Quote  |  Print  |  Notify Moderator

restlessways wrote:

Bedlam wrote:

I can afford a purchase in phases without financing but cannot fund the entire purchase at once. I cannot save as fast as prices are going up, so delaying a partial purchase just makes it less affordable on a single income.


My friend, that tells you all you need to know about the housing bubble. It is unsustainable. I saw this same thing last go 'round in WA. I sold my house and sat on the cash until the whole shebang collapsed, then turned around and bought 4 acres of property from the bank for 17 cents on the dollar, with some 2nd growth red cedar and fir to boot. The previous owner paid $135k and lost it. I gave them $24k cash. I had a well drilled, 4 bedroom septic installed, and 360 amp service put in. I set up an RV pad and built myself a small cabin as well. Then prices went stupid again and ..... I sold it off for a 300% profit after using it for more than 5 years. And I'll do it all over again when this one crumbles to the ground. Do yourself a favor and keep your powder dry.


I need to sell my home and move into my rental for 2 of 5 years to convert it back to a personal home to free up the money and move out of Seatroit. Good time to sell with retirement, increasing rental regulations, and travel on the horizon.

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