Join Early Retirement Today
Reply
 
Thread Tools Search this Thread Display Modes
Old 06-01-2009, 12:08 PM   #21
gone traveling
 
Join Date: May 2008
Posts: 3,864
Quote:
Originally Posted by bbbamI View Post
but I love good tube.
__________________

__________________
Westernskies is offline   Reply With Quote
Join the #1 Early Retirement and Financial Independence Forum Today - It's Totally Free!

Are you planning to be financially independent as early as possible so you can live life on your own terms? Discuss successful investing strategies, asset allocation models, tax strategies and other related topics in our online forum community. Our members range from young folks just starting their journey to financial independence, military retirees and even multimillionaires. No matter where you fit in you'll find that Early-Retirement.org is a great community to join. Best of all it's totally FREE!

You are currently viewing our boards as a guest so you have limited access to our community. Please take the time to register and you will gain a lot of great new features including; the ability to participate in discussions, network with our members, see fewer ads, upload photographs, create a retirement blog, send private messages and so much, much more!

Old 06-01-2009, 12:26 PM   #22
gone traveling
 
Join Date: May 2008
Posts: 3,864
Quote:
Originally Posted by ziggy29 View Post
"House Hunters: Foreclosure Edition"
I would like to see them run these as a three-part series:

1. House Hunters- focus on the house selection process.
Could be unqualified first-time buyers, spoiled brats with a sense of entitlement, second homes, downsizers, etc.

2. Mortgage Morass- focus on qualifying the buyers, throw in a few unscrupulous brokers, unstable banks, uncooperative assessors, overworked closing agents and fly-by night inspectors for drama.

3. Follow-up Follies- revisit the folks who went thru the process. See how they are holding up a year or two later. Might even provide a pool of qualified applicants for Judge Judy or Divorce Court
__________________

__________________
Westernskies is offline   Reply With Quote
Old 06-01-2009, 01:12 PM   #23
Give me a museum and I'll fill it. (Picasso)
Give me a forum ...
bbbamI's Avatar
 
Join Date: Dec 2006
Location: Dallas 'burb
Posts: 9,039
Quote:
Originally Posted by Westernskies View Post
Ahhhhh haaaaa...who's being naughty now? ....
__________________
There's no need to complicate, our time is short..
bbbamI is offline   Reply With Quote
Old 06-01-2009, 02:27 PM   #24
Thinks s/he gets paid by the post
saluki9's Avatar
 
Join Date: Feb 2005
Posts: 2,032
The wife and I stopped watching house hunters.

I guess the realization that is really was possible to get a fairly new three bedroom house in many parts of the US for $300K was just too much for us to handle. ( as we sat in our fixer upper which set us back much more)
__________________
saluki9 is offline   Reply With Quote
Old 06-01-2009, 02:37 PM   #25
Moderator Emeritus
 
Join Date: May 2007
Posts: 11,044
I used to watch "house Hunters" a lot and I don't remember being particularly shocked at RE prices or people's expectations. It seems like a lot of the houses featured were in California, so I figured that's how they did things over there.
__________________
FIREd is offline   Reply With Quote
Old 06-01-2009, 02:54 PM   #26
Moderator
ziggy29's Avatar
 
Join Date: Oct 2005
Location: Texas
Posts: 15,612
Quote:
Originally Posted by FIREdreamer View Post
I used to watch "house Hunters" a lot and I don't remember being particularly shocked at RE prices or people's expectations. It seems like a lot of the houses featured were in California, so I figured that's how they did things over there.
Living in California for many years, there was a time when I thought a $300K house sounded dirt cheap. After a few years down here, it sounds like the Taj Mahal.
__________________
"Hey, for every ten dollars, that's another hour that I have to be in the work place. That's an hour of my life. And my life is a very finite thing. I have only 'x' number of hours left before I'm dead. So how do I want to use these hours of my life? Do I want to use them just spending it on more crap and more stuff, or do I want to start getting a handle on it and using my life more intelligently?" -- Joe Dominguez (1938 - 1997)

RIP to Reemy, my avatar dog (2003 - 9/16/2017)
ziggy29 is offline   Reply With Quote
Old 06-01-2009, 03:25 PM   #27
Give me a museum and I'll fill it. (Picasso)
Give me a forum ...
Moemg's Avatar
 
Join Date: Jan 2007
Location: Sarasota,fl.
Posts: 10,035
Quote:
Originally Posted by FIREdreamer View Post
I used to watch "house Hunters" a lot and I don't remember being particularly shocked at RE prices or people's expectations. It seems like a lot of the houses featured were in California, so I figured that's how they did things over there.

I'm not shocked at the price of houses . I'm shocked that these first time home buyers are sooo picky . When did granite , soaking tubs and three car garages become a must have for first time home buyers ?
__________________
Moemg is offline   Reply With Quote
Old 06-01-2009, 03:56 PM   #28
Moderator
ziggy29's Avatar
 
Join Date: Oct 2005
Location: Texas
Posts: 15,612
Quote:
Originally Posted by Moemg View Post
I'm not shocked at the price of houses . I'm shocked that these first time home buyers are sooo picky . When did granite , soaking tubs and three car garages become a must have for first time home buyers ?
Precisely. So many of them are first timers who only have enough to look at the low end of the housing market. And then they complain that the kitchen is outdated or that it's too far to walk to the beach (waaaa!) or that the commutes are awful or that it's too small or (fill in the blank).

Or the worst thing -- they don't like the wall colors. (People, paint is a VERY cheap "fix" and should be the least of your concerns.)

What were they expecting to see in the LOW END price range of their local housing market?
__________________
"Hey, for every ten dollars, that's another hour that I have to be in the work place. That's an hour of my life. And my life is a very finite thing. I have only 'x' number of hours left before I'm dead. So how do I want to use these hours of my life? Do I want to use them just spending it on more crap and more stuff, or do I want to start getting a handle on it and using my life more intelligently?" -- Joe Dominguez (1938 - 1997)

RIP to Reemy, my avatar dog (2003 - 9/16/2017)
ziggy29 is offline   Reply With Quote
Old 06-01-2009, 04:08 PM   #29
Thinks s/he gets paid by the post
DangerMouse's Avatar
 
Join Date: Jan 2007
Location: Silicon Valley
Posts: 1,812
If you like House Hunters take a peek at Property Virgins. The expectations of that lot tend to make the House Hunters look realistic.

I'm not sure when a starter home transitioned from being a 1 bedroom apt. to a 4/2 300 sq foot with a landscaped lot with a massive pool out the back, but it does seem to be the minimum expectation these days.
__________________

I be a girl, he's a boy. Think I maybe FIRED since July 08. Mid 40s, no kidlets. Actually am totally clueless as to what is going on with DH.
DangerMouse is offline   Reply With Quote
Old 06-01-2009, 04:23 PM   #30
Moderator Emeritus
 
Join Date: May 2007
Posts: 11,044
Quote:
Originally Posted by Moemg View Post
I'm not shocked at the price of houses . I'm shocked that these first time home buyers are sooo picky . When did granite , soaking tubs and three car garages become a must have for first time home buyers ?
Hum, I just figured that in California that's what EVERYONE would expect in a home, be it a starter home. If I paid $500K for a house, it better have all the amenities I want! Granite countertops seem to be a big selling point in CA and, in that price range, it's a relatively cheap upgrade. So I can see why people would be expecting it.

Of course it also could be that some of those first time home buyers already have upper middle class incomes and matching tastes. When I watch the "can I afford it" segment on the Suze Orman Show (the secret's out ), there is a surpringly large number of young people in their late 20's, early 30's making $8K-$15K net per month. When DW and I bought our first house, we had enough income to bypass the starter home and get something nicer which we could still easily afford (though no granite).
__________________
FIREd is offline   Reply With Quote
Old 06-01-2009, 07:24 PM   #31
Moderator Emeritus
Nords's Avatar
 
Join Date: Dec 2002
Location: Oahu
Posts: 26,617
Quote:
Originally Posted by Martha View Post
I can't believe the young couples who insist on stainless steel, granite counters, three plus bedrooms and two plus baths.
But, but, but... they want to raise a family!

I've noticed a lot of HGTV's potential synergy going to waste. Imagine if "House Hunters" joined forces with "My House Is Worth What?", "Property Ladder", "Flip This House", "Bite Buy Me", "Weekend Warriors", and "Property Virgins"?

"Holmes on Homes" and all the redecorating shows would have lifetime employment...
__________________
*
*

The book written on E-R.org, "The Military Guide to Financial Independence and Retirement", on sale now! For more info see "About Me" in my profile.
I don't spend much time here anymore, so please send me a PM. Thanks.
Nords is offline   Reply With Quote
Old 06-02-2009, 02:28 AM   #32
Full time employment: Posting here.
Urchina's Avatar
 
Join Date: Feb 2008
Location: Central Coast, California
Posts: 891
We are currently house-hunting, as our small condo is rapidly putting the squeeze on us. (I say "rapidly" but the truth is that we've figured we'll be OK staying here for another 3 to 5 years if need be). In the past several months I've looked at dozens of houses, and I think the series that needs to be made is "Messed up remodel." The series could include tales of added bedrooms that are only accessible through other bedrooms, refrigerators in the middle of dining rooms, add-on rooms built without permits or any sense of structural integrity, a large amount of truly hideous wallpaper, and a particularly memorable 4-bedroom house in a fantastic school district that had been "remodeled" into a 2 bedroom, giant kitchen, one bath, no dining room "executive entertainer's dream." Sure, if all your dinners are cocktail parties and you have no kids.

What are people thinking?
__________________
"You'd be surprised at how much it costs to look this cheap." -- Dolly Parton
Urchina is offline   Reply With Quote
Old 06-02-2009, 08:28 AM   #33
Recycles dryer sheets
 
Join Date: Jul 2007
Posts: 116
My wife always comments about the young couples buying those huge houses. She wants to know what they do and how they do it.

My standard line is, They have no retirement accounts and plan on working until their dead. If we didn't max my TSP and Roths we could live like that.
__________________
Gworker is offline   Reply With Quote
Old 06-02-2009, 09:24 AM   #34
Moderator
ziggy29's Avatar
 
Join Date: Oct 2005
Location: Texas
Posts: 15,612
Quote:
Originally Posted by Gworker View Post
My standard line is, They have no retirement accounts and plan on working until their dead.
This is the mindset I have learned to use on myself whenever I want costly "stuff." Yeah, we can afford it, but only if we allow ourselves to be enslaved to the rat race for an extended amount of time.

I can't think of ANY "stuff" I want so badly that I'd allow myself to be forced to work several extra years to pay for it. Not a nice car, not a bigger house, not a bunch of fancy electronic gizmos, not expensive and exotic vacations -- nothing.
__________________
"Hey, for every ten dollars, that's another hour that I have to be in the work place. That's an hour of my life. And my life is a very finite thing. I have only 'x' number of hours left before I'm dead. So how do I want to use these hours of my life? Do I want to use them just spending it on more crap and more stuff, or do I want to start getting a handle on it and using my life more intelligently?" -- Joe Dominguez (1938 - 1997)

RIP to Reemy, my avatar dog (2003 - 9/16/2017)
ziggy29 is offline   Reply With Quote
Old 06-02-2009, 09:26 AM   #35
Administrator
W2R's Avatar
 
Join Date: Jan 2007
Location: New Orleans
Posts: 38,890
Quote:
Originally Posted by Urchina View Post
In the past several months I've looked at dozens of houses, and I think the series that needs to be made is "Messed up remodel." The series could include tales of added bedrooms that are only accessible through other bedrooms, refrigerators in the middle of dining rooms, add-on rooms built without permits or any sense of structural integrity, a large amount of truly hideous wallpaper, and a particularly memorable 4-bedroom house in a fantastic school district that had been "remodeled" into a 2 bedroom, giant kitchen, one bath, no dining room "executive entertainer's dream." Sure, if all your dinners are cocktail parties and you have no kids.

What are people thinking?
You are SO right! What is a fabulous remodel for the seller might just ruin the house for me. Since I prefer houses with an attached garage, I find it particularly annoying when sellers turn their attached garage into another family room that is obviously never used anyway. "Messed Up Remodel" could be followed by "Remodeling Mysteries". For example, my present home has a remodeling mystery that I wonder about from time to time. There is an arched alcove in one bedroom that I think used to be an arched doorway - - but if it went through, it would end up in the closet of another bedroom. Maybe those two bedrooms were once combined into a master suite. But the present master suite has a big dressing room that wouldn't be expected on a guest bedroom. So, maybe the arched alcove was just intended to be an alcove. Who knows? It is a "Remodeling Mystery".
__________________
Already we are boldly launched upon the deep; but soon we shall be lost in its unshored, harbourless immensities.

- - H. Melville, 1851
W2R is offline   Reply With Quote
Old 06-02-2009, 05:26 PM   #36
Give me a museum and I'll fill it. (Picasso)
Give me a forum ...
Moemg's Avatar
 
Join Date: Jan 2007
Location: Sarasota,fl.
Posts: 10,035
Quote:
Originally Posted by Urchina View Post
a large amount of truly hideous wallpaper, ?



My current house won the hideous wall paper contest . In fact it could have won the hideous decorating contest . The bathroom had foil wall paper on the top half and leopard print on the bottom . It took me weeks to get that off . The living room windows are two and a half stories high and the owner had made tie dye curtains for them . The kitchen had llinoleum from hell with matching counter tops the light fixtures were the cheapest available . So why would I buy such a monstrosity ? My avatar is the view from my deck . My house is 3800 sq. feet with two bay front lots and I got it for a great price . I usually can not look beyond the wallpaper but this time I did .
__________________
Moemg is offline   Reply With Quote
Old 06-02-2009, 06:33 PM   #37
Thinks s/he gets paid by the post
 
Join Date: Mar 2009
Location: Pittsburgh, PA suburbs
Posts: 1,769
I too, am an HGTV fan, but it has lost something of its appeal to me of late. I agree that a lot of the episodes must preceed the housing bubble as everyone is gabbing about appreciation and expressing such grief if their homes have ONLY gone up $100,000 in the five years since they bought it. It is also tiresome to see the sameness of the decorating: taupe walls, granite coutertops, stainless steel appliances, master bedroom suites with giant closets, boring new furniture bought in sets, etc. I am watching more Planet Green as the homes have intelligent design and more affable owners. It is great to see smaller, well designed spaces with an emphasis on energy conservation, reuse, and a concern for future generations.
__________________
WhoDaresWins is offline   Reply With Quote
Old 06-03-2009, 12:19 AM   #38
Moderator Emeritus
 
Join Date: May 2007
Posts: 11,044
Quote:
Originally Posted by Moemg View Post
I am an HGTV fan especially House Hunters but lately I've wondered where they get these couples . It is either very young couples still paying their student loans looking at $600,000 houses and complaining about the granite color or it is international buyers looking at $400,000 second homes and they look like they could not afford bowling money . Is it me or have other HGTV fans noticed this ?
OK, I just watched a couple of "House Hunters" episodes (first time in a couple of years) and now I totally see what you mean... I had forgotten!

I am now watching a show called "bang for the buck" (new show?), and I can't believe my eyes... People renovating their basement for... $100K? In Columbus, OH? Granite counter tops and stainless steel appliances for a basement kitchen are a must apparently... Wait, why do you need a kitchen in your basement again?

LOL! Frugality is supposedly fashionable again, right? I guess these people didn't get the memo. Now I remember why I stopped watching HGTV...
__________________
FIREd is offline   Reply With Quote
Old 06-03-2009, 08:12 AM   #39
Moderator
ziggy29's Avatar
 
Join Date: Oct 2005
Location: Texas
Posts: 15,612
Quote:
Originally Posted by FIREdreamer View Post
LOL! Frugality is supposedly fashionable again, right? I guess these people didn't get the memo. Now I remember why I stopped watching HGTV...
Well, in fairness, I think a lot of the stuff we're making fun of occurred before the economic meltdown and before "cheapness" became sexy.

House Hunters, 2006 version:

"This house is too small. Where are the walk-in closets or the granite countertops? It only has four bedrooms and we want five. Close to work and on a quiet street in a good neighborhood. And did we mention we're first time buyers with 5% down?"

House Hunters, 2009 version:

"Yeah, we could probably afford the McMansion if neither of us gets laid off for 20 years. But why do we want the huge mortgage payments, taxes, insurance and utility bills? We'd have to buy a lot of stuff to fill it anyway and we'd have to drain the emergency fund for the down payment. We'd never be able to save anything with that big one. I like the cheap bungalow. It's all we really *need* anyway."
__________________
"Hey, for every ten dollars, that's another hour that I have to be in the work place. That's an hour of my life. And my life is a very finite thing. I have only 'x' number of hours left before I'm dead. So how do I want to use these hours of my life? Do I want to use them just spending it on more crap and more stuff, or do I want to start getting a handle on it and using my life more intelligently?" -- Joe Dominguez (1938 - 1997)

RIP to Reemy, my avatar dog (2003 - 9/16/2017)
ziggy29 is offline   Reply With Quote
Old 06-03-2009, 08:29 AM   #40
Full time employment: Posting here.
 
Join Date: Nov 2008
Location: Harrogate, UK
Posts: 864
There are several of these shows here in the UK as well. My wife likes to watch them (we don't have cable/sat either, guess there are 2 of us around). There is one where the couple tells them how much they can spend and the hosts almost never show them houses in their price range. Their limit might be 300,000 Pounds....and they show houses that are over that. Drives my wife nuts......"They just told them they couldn't go over 300K!!!!!!). At that time I look up from the computer and nod and agree. I was watching with her last week and they actually had a couple who were after a reasonable 2 bed semi in Cornwall. They actually showed them a couple of cute little ones we thought were quite nice. Hmmmmm, Cornwall is quite nice.......hmmmm.........
__________________

__________________
F4mandolin is offline   Reply With Quote
Reply


Currently Active Users Viewing This Thread: 1 (0 members and 1 guests)
 
Thread Tools Search this Thread
Search this Thread:

Advanced Search
Display Modes

Posting Rules
You may not post new threads
You may not post replies
You may not post attachments
You may not edit your posts

BB code is On
Smilies are On
[IMG] code is On
HTML code is Off
Trackbacks are Off
Pingbacks are Off
Refbacks are Off


Similar Threads
Thread Thread Starter Forum Replies Last Post
Nice House! calmloki Other topics 22 03-19-2008 02:23 PM
So, How Big IS Your House? SteveR Other topics 126 02-23-2008 07:12 PM
Hobby house LeatherneckPA Life after FIRE 6 03-02-2007 08:19 PM
Flip this House yAyA Other topics 11 10-31-2005 09:37 AM
House Hunting... usc_et Young Dreamers 30 10-17-2005 04:47 PM

 

 
All times are GMT -6. The time now is 06:25 AM.
 
Powered by vBulletin® Version 3.8.8 Beta 1
Copyright ©2000 - 2017, vBulletin Solutions, Inc.