Fixer upper divorce update reddit If you're looking to finance a fixer upper, one option is to consider a renovation loan such as the FHA 203(k) or Fannie Mae HomeStyle loan. Fixer Upper What sort(s) of issues would you guys consider buying with a new place? I have been kind of getting frustrated with a lot of places selling super quick or just spiraling into bidding wars and wondering if I should just lower my expectations and buy something this is ugly, and then put in the work to fix it up. At least with a fixer-upper you can (usually) see more clearly what needs to be fixed, rather than it being hidden behind paint. To me this kinda feels like a similar situation to older generations talking about buying used cars, when in today’s market used cars go for nearly the same If you need financing and haven’t looked in to that yet, you should evaluate the realities of financing a true fixer upper. I would be concerned that this person got 100 offers for 20k and is trying to sell it for 70-150k type thing rather then selling it for 25-30k as "profit" for waiting years for the transaction to be complete. These loans allow you to borrow money for both the purchase price and the cost of renovations, and can be a great option for buying a home that needs updating. Yeah, my husband and I bought a fixer upper and we fight about it constantly. Reno a kitchen, update a bathroom, and make it your own! 50-100k for total remodel of a kitchen, 25-50k for total bathroom remodel depending on size, materials, how fancy you want to get, etc etc. Also don’t like Flip or Flop Vegas. Buy a fixer upper in a great location at a discount because of its condition > customize to your liking > enjoy the instant equity. If my mortgage payment would go from 2. Updates. New construction isn’t the quality it used to be, and flips often hide damage. I hate Fixer Upper. what is your goal? A fixer upper is cheaper to buy, but that doesn't mean it is cheaper in the long run. He doesn’t want to do any work himself but also doesn’t want me to hire people so I feel trapped in this mess and it causes me constant stress. If your only advice is to jump straight to NC or divorce, your comment may be subject to removal at moderator discretion. I bought a fixer upper and am going to have a contractor come in and update everything (Sheetrock, plumbing, and electrical). Aug 12, 2023 路 Together, Chip and Joanna Gaines are the power couple who skyrocketed HGTV's viewer ratings with their home renovation show "Fixer Upper. What’s the opinion of putting all of my income to update house over next 2 years? 40 years old, have good savings already with high paying steady job. Windows Update doesn't work. Also had a bunch of days where I met the contactor at 8 am then went to work late. I shouldn't say this but as the owner of a unique historic property myself, I'd be loathe to tear out its character. There are always people calling for divorce. We bought a house that wasn't a fixer upper, exactly, but there were some things that absolutely had to be done for us to be able to move in, and a lot of deferred maintenance to handle, on top of which are a number of updates that are technically optional but would go a looooong way toward making the house more comfortable and functional. And we did budget a good amount for renovation and modernization of an arched cabin style home built in 1978. Repairing those deficiencies would have eaten every bit of my liquidity. A lot of fixer upper homes are $300-350k at least if we don’t want to downgrade in square footage from our current situation. What youre suggesting is going to make your daughter's life more miserable than it needs to be and that's something you need to accept rather than think it's going to be fun for her to help mum for years and suffer from lower achievement and possibly A 50s ranch style that's never been renovated probably needs electrical update from aluminum wiring, but other than that, I'd be tempted to keep it in its original state. A "fixer upper" with out-dated cabinets is nothing, a fixer upper with a hole in the bathroom floor where a toilet should be is huge. Same reclaimed wood something. It was like $500 for paint, supplies, light switches, and a few other things that I knocked out on my own over a few project weekends. Our septic was cracked but everything flushed fine so no one had any clue until they scoped it, if we didn’t we would of been stuck with the 20k bill to replace it. I’ve been having leaking problems but figured I’d wait for a giant overhaul rather than service call here and there. You could post about your SO eating the last ice cream. tl;dr: Husband bought a fixer-upper when he knows I'm not ready to be a homeowner. I personally would much rather buy a house for which I can pick my favorite appliance brand and kitchen color than the cheapest builder-grade stainless appliances that you found. And one benefit, for us, of buying a fixer upper means the mortgage is incredibly cheap (10% of our very average combined income), which through covid and interest rate rises has been gold. We want to do following things: Fixer upper 馃摳 Post Your Rig Bought this bad boy for $1800 CAD I’m removing the whole body panel in the back and welding a new piece on, as well as side rockers Good little project Sounds like you have a nice fixer-upper for someone who wants to chip away at house projects over the next few years. I would be very realistic about what you actually need in a house as a first time home buyer. It was gonna be bad. I’ve got a friend who’s been living in a fixer upper for 3 years and has barely made a dent in any of the required work. If you are serious about it, get everything inspected. Material and labor shortages and high prices mean work is slow right now. SFC/DISM doesn't work. May 15, 2023 路 During season 1 of Fixer Upper, carpenter Clint Harp and his wife, Kelly Harp, had their home renovated by Chip and Joanna Gaines. Keep in mind that if this was an actual update, valve would not tell the bot holsters that it was spinning that was kicking them so it'll take a while of tweaking the code of the bot's before they can narrow down all of the changes. Oct 19, 2017 路 Chip and Joanna Gaines, the husband and wife who star on their own HGTV series Fixer Upper, are ending the series after a five season run — and don't expect them to appear together on television again after that. The design choices are sometimes really bad. Buying a fixer upper is more than painting or replacing big ticket items like appliances and water heaters. Unless you're a contractor who has a team. We are a family of 4 (1 and 4 yr old) looking for a home to purchase in the east bay. I own it outright. Price wasn’t bad, but man it needs so much work. Every single time I flip to hgtv, it’s Fixer Upper episode. Years after the episode aired on HGTV, fans have wondered if the If it were a choice between a 3bed fixer upper and a 2bed finished that would be one thing. This is my mental debate. I would at least need to re-sand all the wood floors, paint the walls, update light fixtures, new countertops for the kitchen, update the 2 1/2 bathrooms, maybe convert some radiators to floorboard heating since they're in the way and dangerous. A house with an outdated interior is really not a "fixer upper". Enough already. Other posts from u/artgala: Fixer-Upper Home, complete with JMaybeMIL, 1 day ago The house is a bit of a fixer-upper (which is how Meg described Hal to her parents when they were dating) and adult life is a little trickier than they anticipated. D. Full Rules | Acronym Index | Flair Guide | Report PM Trolls. Last summer we bought a truly magical house and property but has needed a TON of work to get “finished”. Yes, I have my regrets about buying a fixer-upper in a really hot market. So if that's the case for you then worth factoring in. UPDATE: My husband [34M] bought a house without telling me [27F] and now expects us to live in it. I really don't want to go through with this, but don't know how to get out of it or have him see my side of things. The stuff I can fix is factored out of the math, for me. 25% to 7+% I would have been SOL. In happy for you To follow up on this for OP, since I don't have as much self respect as u/aardy and owed someone a favor, I am doing a loan with one of the few renovation games left in town (not renovation, it's a double wide, which is their other specialty) and what used to be 2-3 days in inital underwriting is currently at week 2 after submission with *crickets* from them on when they might get to it. Be very careful if you buy a project. Considering buying a fixer-upper house to give myself a project for the coming months following divorce? Am I an idiot? Every single thought about life after divorce feels crippling and awful. I used to love their show when they first became popular and thought they had a wonderful relationship. Over the course of… All the houses I looked at were cases where the owner wanted/needed to sell the house right then, for whatever reason, and renovating the house and keeping it was not an option. The house I purchased had good bones, but no flooring and bad electrical panels. Just tips from fursuit makers to fursuit makers. In the area I live in, these homes are in high demand, which doesn’t surprise me because it’s the dream. And I mean everything. I don't want to live in a renovation or even a major update, but real estate is so insane here (500k for a starter home) that I'm getting attacked on all sides (other than my realtor, obviously) for wanting to buy turn key as it'll be max budget in an ideal area or comfortable in a less than ideal neighbourhood. Most of my plumbing is copper, electrical is fabric, and everything else is 1950s dated. I live in a major metro with a good but not crazy housing market and there are houses like that sitting on the shelf. The “Las Vegas Glam” style just isn’t me. Feel free to provide an update at a later time by creating a new post with in the title; To Readers and Commenters All replies to OP must be on-topic, helpful, and civil Edit for one more point. We got the home. Jul 9, 2024 路 When Chip and Joanna Gaines announced that Season 5 of "Fixer Upper" would be the last, HGTV fans were quick to speculate that an impending divorce was behind what many felt was a premature end to the series. As a fixer upper homeowner this was perfect for me and I was willing to go through the extra effort. He could live in a literal barn, but the unfinished projects bother me. Posted by u/THE_GREAT_SEAN - 3 votes and 15 comments Buying a fixer upper requires a lot of cash that a mortgage doesn’t cover. New builds we are seeing are about $350-400k for reference. One house had been bought as a fixer upper and was partially renovated but the couple was getting a divorce and weren’t going to finish it. I know generally people want more specific info than this, but honestly I'm at the point where I need to know if this is even Paying the whole mortgage and every bill by myself is tight, there's really not wiggle room there. Resetting the computer fails to even work. If you don’t have fixer uppers marketed in your area they will probably be hard to find. We did a lot of the cosmetic work ourselves. Same light fixtures. Bragging about fursuits you made is encouraged! We purchased a fixer upper in a semi rural area (maybe 10 minutes drive from grocery and 45 minutes drive to work) recently. I would be suspicious of a rent to own fixer upper, rent to owns are rare in hot markets. Finding a home whose foundation is strong, roof is solid, HVAC is updated but whose interior is stuck in the 80s or 90s can be a safer point to start. At this moment I live alone in a modest condo, but if/when my family expands in a few years we would love to consider buying one of these homes and spending a year or two fixing it up b I would always buy a fixer-upper over new construction or a flip. " But oh well. " The series aired for five seasons, from 2013-2018, and was the network's crown jewel. It's pulling the 5 million staples out of the beautiful original wood floors so that you can refinish them. Learn about budgeting, saving, getting out of debt, credit, investing, and retirement planning… So, I'm dealing with a windows Alienware laptop that hasn't been able to properly update in years. Buying a fixer upper requires a lot of cash that a mortgage doesn’t cover. When we purchased a very similar-sounding house in ‘17 (estate owned, poorly- maintained fixer upper) we wrote a personal letter. But some people like the challenge, some people like making a space their own. Just as the title states, I paid $100k for a pretty run down fixer upper house. The $150k will quickly add up, not to mention living in a construction zone for several years. First time home owner so having difficulty planning in terms of budgeting and doing only essentials before moving in. Our agent personally knew the estate owners. And some asshole on here will go "he completely disrespected you and the relationship and doesn't give a shit about your feelings, you should divorce him. Anyway. 19M subscribers in the personalfinance community. And it’s on all the time. Putting in new lighting is probably the cheapest. 209 votes, 132 comments. It hasn’t happened yet but it appears that unless there is an outright act of God in my wife within the next couple weeks, she’s gonna throw in the towel on this marriage. To me this kinda feels like a similar situation to older generations talking about buying used cars, when in today’s market used cars go for nearly the same To follow up on this for OP, since I don't have as much self respect as u/aardy and owed someone a favor, I am doing a loan with one of the few renovation games left in town (not renovation, it's a double wide, which is their other specialty) and what used to be 2-3 days in inital underwriting is currently at week 2 after submission with *crickets* from them on when they might get to it. My main regret was hiring a seemingly reputable inspection company, who then managed to miss about 1,500 square feet of asbestos tile in the house. My house is a fixer upper so it hasn’t even realized its full potential yet- if I was forced to sell I wouldn’t have made my $100k back. Otherwise your standard home that needs minor repairs can be done with a regular VA loan, however you may need to just negotiate with sellers a bit more for repairs after you get your inspection done. Same shiplap. are you able to do renovations -- either DIY or hiring pros. If a normal home sells for $650k and an abandoned dump sells for $500k, the fixer upper is not worth it. Can't uninstall updates. But many people don't have the funds or flexibility to remodel a whole house like that, and a new build is much more manageable. Feel free to post tips, links to goodies, and ask questions. The divorce comment is what you get in this sub. Stuff like fixing the carpet at the top of the stairs, fixing the lattice on the back deck or painting the interior/exterior is totally doable for someone that has zero DIY skills. We purchased a fixer upper in a semi rural area (maybe 10 minutes drive from grocery and 45 minutes drive to work) recently. Use a rehab loan for a real fixer upper that needs renovations to even appraise. Posted by u/Dapolarbear - 1 vote and 19 comments We recently closed on a fixer upper that require some cosmetic renovations. #saveTF2 is a complete success and valve announces that they have heard our pleas and are now currently… If you have the cash and the ability to wait, it's a great deal. Every house looks the same. The year is The Day After Tomorrow A. Looking for advice and a sanity check. I’m especially interested in fixer uppers that have historical relevance. Resources: In Crisis? | Tips for Protecting Yourself | Our Book List | Our Wiki. When did Chip and Joanna Gaines interactions change? I am watching Fixer Upper: The Castle, and their relationship is almost unrecognizable. If you don’t have big savings to back this up (40k+) or the ability to get that kind of loan on top of the mortgage, I would strongly recommend against this. Brad Casales (university mascot) visits and Meg thinks she has made her first friend in Sunset Valley until Hal is rude to him (because he had the audacity to talk to Hal's wife Every single thought about life after divorce feels crippling and awful. In our case we did it to convince the sellers not to list the property. Honestly I’d only do a fixer upper if you have the capital readily available to pay and do the work soon after moving in. My suggestion is if you have the "fixer upper" bug consider buying an out of date home. I did that years ago but it was 8 to 10 hour days every Saturday and Sunday for 8 months. Sep 16, 2023 路 Fixer Upper star Chip Gaines made a surprising comment about divorce as he discussed his 20-year marriage to Joanna Gaines Bought a fixer upper/mini hoarder house. Orignal Post A fixer upper is good only if you and friends can do most of the work so you don't have too many contactors to find and schedule. . Bragging about fursuits you made is encouraged! Fixer-upper: how much money do you need, and how to calculate costs? My partner and I (28, no kids, FTBs) have viewed a large Victorian end terrace, which - we think - has huge potential: an excellent location near the train station into London where we both work, lots of space over three levels, 3 sizeable bedrooms, a great garden. We are looking for a moderate fixer upper (mostly cosmetic - update appliances, new windows, new floors, new paint, land scaping) to purchsse in the $600 to 700k range. fnuihc mfax eiemi deuq avg rhnw jeyjtya knav qrsculq hqhcg