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We all have writers cramps from signing 50 million times. Had extra papers to sign and the electrician found that he couldn't use any of the electric so besides the mortgage for the house, the rehab loan we had to come up with more out of pocket.
By time we finish (FINGERS CROSSED) it will be another $125,000 out of pocket and slightly over $391,000 Good thing we budgeted $400,000.
Even so, the new truck and new car will be postponed until I have enough saved up again for them.
Right now our money is making over 10% so we are letting it make the payments instead of drawing the cash as the mortgage is 4.5%. That way we are still earning 5.5% on that money.We will have to pull the $125,000 as needed. Our contractor said he would pay everything out of the loan hoping that we can save in the other areas and not have to draw so much cash at the end.
We meet our Amish neighbor as he saw the car and came over to make sure who it was and since it was us he introduced himself , he is the brother of the seller. AND he owns the little strip of land to the south of us along with his home north of us. So we worked out a deal that he would take care of the 3 acres behind us so that's off our shoulders and he said any area we don't want to mow he will let his calves graze to keep the grass down (we have an acre to the south of us) and the house sits on an acre. He will help us redo the one section of the barn roof. He is also the person that helped the Englisher that built the house 20 yrs ago build the house. He helped the Amish family that bought it from the Englisher as it was his wife's brother, then the seller was his own brother. He had a lot of details that you usually don't get until you have lived in the area for 3-6 months, sometimes never about the house. He told us about the widow that lives the next house over south of us. AND we now have the seller's address so they can show us where the 100 plus asparagus plants is. The rhubarb is under the grape harbor. I need to get some neem oil as Brandy as The Prudent Homemaker uses on her grapes.
We go over Monday,okay we will probably go over every day just not sure if it will be both as we need to put the fence up for the dogs... anyways side track there, the electrican is coming in Monday to make sure where we want outlets,switches and boxes for ceiling lights as we will be doing the actual installation ($$ saved) of the light fixtures.
dinner needs made
Blessed Be
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Congratulations! The picture taking is hilarious! Nothing like a neighbor for getting a ton of information. Two years ago when we were looking for a downsize house that we never found my husband would just disappear and I would find him outside talking to a neighbor. The house we nearly bought had some horrible truths behind a big addition that we would have never known about save the conversation with the next door neighbor.
ReplyDeleteThis is exciting and it's not even my house. :D It looks like you're wearing your new skirt.
ReplyDeleteI think one of the pictures showed that it looks about like two houses connected. Is one the "dawdy" house?
Yes it was my new skirt. When you look at the front of the house, the part to the right was the garage and the Amish converted it. You definitely can not tell it by how they did the inside.
DeleteCongratulations on buying your new house! I hope it will become a lovely home for you and your family.
ReplyDelete