Homeless No Longer

Me and the old woman seem to get along best as pen pals, the house I bought was cheaper than the sail boat I last lived.

About 4K in American dollars, August first is my possession date, the reason it sold so cheap the roof had leaks that damaged the lath and plaster, and these days repairing lath and plaster is a lost art.

The contractor gave a quote to remove and replace with wall board.

New roof was installed two years ago, no more leaks.

Mazal tov! May it be everything you need it to be

That's a pretty good deal. Real estate in this area is selling for as much as 50 k. over asking price.

The lines of the house look pretty good. Not seeing any apparent structural problems. You might want to think about a complete re-hab if you can afford it. If it's plaster & lathe ... the house is probably older with 2x4 walls. I would build the walls out to six inches thick and insulate with kraft faced fiberglass.

Chances are .... there will be black mold and rodents nests in the wall pockets. They ought to be thoroughly cleaned out and sprayed with a bleach & water mix. Maybe some new windows if you can afford ?

The older places in this area cost about $ 800.00 - $ 1,000.00 a month to heat in the winter. Anything you can do to make it more energy efficient while the walls are opened up will save you a ton of money later on.Heat pumps are selling like hotcakes because the price of home heating oil & propane have doubled over the last year or so.

It's all money though ... sometimes all you can do is the best that you can with what you have on hand. It's a roof over your head and that's what matters most.

Originally Posted by CopperMiner

It looks like a super bargain. At that price, not sure that you'll get two months rent (maybe one) in Toronto or Vancouver. How are the property taxes and the utilities?

Could you have access to high speed internet where you are? This is a serious issue in many areas. Telcos get government subsidies to install optic fiber and network, but they often pocket the money instead and customers continue to suffer from slow and bad connexions.

The driveway has a clear shot to the broadband wireless tower, I'm going to erect an old TV tower removed from this house to clear the trees, property tax is just under $600.00, water is separate.

Been using voip.ms for telephone for the past ten years and will continue to do so.

I'm thinking of turning the garage into a personal suite and rent the house to a single mother. Also considering odd jobs, the usual leaking faucet, toilet replacement and hot water tanks along with well pumps.