NewbornXenomorphs

NewbornXenomorphs t1_j4xz7c6 wrote

I’m starting to lean towards this - I don’t want to deal with the headache of finding workers and praying they won’t screw us. It’s tough because we have a lot of cash to be able to afford a modest house up front (roughly $500k) and it would be awesome to not take out a mortgage - but if we’re going to spend ~$200k in renovations then we might as well spend that for a move in ready house.

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NewbornXenomorphs t1_j4sf1fc wrote

If you don’t mind, could you elaborate on the kid of work you had done?

In the houses within our cash budget, we’ve typically found homes that look like they haven’t been updated since the 70s. We like the open style home where you can see the kitchen, dining room and living room in the same space. So it would take a lot of removing walls in addition to updating counters and maybe even moving around appliances. Also retiling bathrooms and maybe replacing tubs.

We could however apply for a loan to cover the the amount we’d have to pay after a cash down payment. I know interest rates are crazy but it might be worth the costs to find the perfect house and not deal with workers who may overcharge or totally screw us.

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