Another Leg of our Journey; Life in Town...in a rented Bungalow

jujube said:
Gary, the trouble with foreclosures is that the bank, who claims to want to sell it, tends to drag its feet
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I've heard that

Gonna get an education with my broker tomorrow
 

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Gary, since you also included photos of your avian abodes,I'd love to know what type of finish you use on them or is it a trade secret? They look shiny. I love them all. I just went through your posts and saw that you use linseed oil. I answered my own question. lol
 
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jujube said:
Gary, the trouble with foreclosures is that the bank, who claims to want to sell it, tends to drag its feet (do banks have feet?) unmercifully. You'd think that if they had a buyer and a reasonable offer, they'd jump on it and get the property off their books. But NOOOOOOOOO.....
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Not my experience, at all. The opposite, in fact: I rescued one of the rent houses I bought from foreclosure, and wrapped everything up, with the lender, in under two week's time.

It must be included, here, that this was many years ago, and the original loan was a non-qualifying, non-escalating assumption. Those types of loans no longer exist, as far as I know.
 
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Took a trip to the cabin today
The unusual warmth of this late winter got us into the Jeep, and headed to the north woods
The roads were bone dry, but we knew it'd be different at the cabin.

Whoa

The logging road to the cabin was quite accessible
Once to the gate, we had only a foot of snow, of which had become solid ice from warmish days and frozen nights.
Stuck a pickax into the ice to make a path.....too hard to yield a good walkway before dark
No worries
The ice was so solid we could walk on it
Once to the cabin, we bustled about with our individual chores

Came back together
Noticed moisture was coming from my lady's face

Fully employing my forensic abilities, I came to the conclusion either she had developed a cold in her eye,
was having some sorta facial stroke,
or....
was missing the place

It was the latter

'Hey, baby, what's wrong?'

'I......I...miss being here'

We stood there, sucking in the purist of crisp mountain air

I hugged her

Quietly asked for her thoughts


We'll be moving back in May


On our way out, we met up with our Hungarian buddy, hauling wood

This one;

Gary O' said:
Visited with my Hungarian bud that has his cabin a couple miles down the path from ours.
He's calling it quits.
'Too many renegades'
Guess they're populating the area.
Told him they'll be gone by first snow.
He knows.
He's still done.
Damn, he's been there since the early 90s
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He's staying
We chatted
Congratulated each other
Punched each other in the chest
Told each other, 'See ya in the spring'
 
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Gary O' said:
We'll be moving back in May
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Flip side;

The inspections on the cottage are going well

If all goes well, we'll have two places

I don't really like keeping the mountain place just to not sell it

There's some parcels deep in the aspens that have been drawing me

Guess I jus' wanna build another cabin

I might be incurable
 
Gary O' said:
Flip side;

The inspections on the cottage are going well

If all goes well, we'll have two places

I don't really like keeping the mountain place just to not sell it

There's some parcels deep in the aspens that have been drawing me

Guess I jus' wanna build another cabin

I might be incurable
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You seem conflicted, Gary, albeit peacefully. One day, y'all are heading back to the woods, the next day, you're a towny with a cabin getaway.

Is there a critical juncture where you will have to commit, one way or the other?
 
treeguy64 said:
Is there a critical juncture where you will have to commit, one way or the other?
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Signing at closing would be an indicator

Yes, conflicted
Thing is, as much as I love residing in the mountains, it does get redundant for me...if I'm not building

aaaand, I love the aspens down here
Even considered planting some in our meadow

40 some years ago, we built a place in the mountains
Thick with bull alder
Much like the aspens down here
The autumn leaves were spectacular
The winters, eerie, what with the mountain mist caressing the trees while the coyotes cried their ethereal songs

I gotta go with my heart
my urges of adventure
Guess there's nothing complacent about me

The good news;
My lady will do anything I care to do......'as long as we are together'

treeguy64 said:
You seem conflicted, Gary
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Nutshell;
yes, conflicted


good call
 
Gary O' said:
Signing at closing would be an indicator

Yes, conflicted
Thing is, as much as I love residing in the mountains, it does get redundant for me...if I'm not building

aaaand, I love the aspens down here
Even considered planting some in our meadow

40 some years ago, we built a place in the mountains
Thick with bull alder
Much like the aspens down here
The autumn leaves were spectacular
The winters, eerie, what with the mountain mist caressing the trees while the coyotes cried their ethereal songs

I gotta go with my heart
my urges of adventure
Guess there's nothing complacent about me

The good news;
My lady will do anything I care to do......'as long as we are together'



Nutshell;
yes, conflicted


good call
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OK, so a closing is still on the table. I must've misled myself in reading through this thread. I thought that the owners were having to do so many repairs that the sale had fallen through
Ya gotta do what ya gotta do.........
 
treeguy64 said:
I thought that the owners were having to do so many repairs that the sale had fallen through
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It seemed to be going that way
He musta found some money

What's nice is I got an acquaintance of mine to bid on the crawl space dig out
It was almost an inside deal, as I'd related to him what the bid was
He underbid it by $400 and got the job
Even got a deposit from the owner
Told him to be careful, we might be pulling out
He said the owner told him it had to be done anyway

There is zero dry rot
The insulation does need to be replaced
The owner is paying for that too

I may get my guy to work with me on the carriage sheds if things get that far

He's an impeccable finish carpenter

It's a win win situation for everyone....seems...today

We'll see
 
Understand your feelings, friends want me to move year a town/village. Town not a chance. Village maybe , just maybe away from it a bit.
My heart is not in it it any way in that. So, got an idea how your feeling...
Good luck with that.
 
Things were moving the right direction on the place we have an earnest money on

'were'
...…. the owners seem to be trying to weasel out of paying for the dig out
The dig out is over half done
There IS some dry rot on the north end
There IS some evidence of pest activity there too
It's a limited area, and my guy is going to bid on it,
but the owners now don't seem to even have enough to cover the dig out

I'm getting rather irked at it all

I feel the need to squeeze somebody's neck

The cabin is looking better and better as this sham matures


One the happy side, I just sold 12 more avian abodes

I may buy one myself....and move in

Here's the latest;

DSC_0279.jpg

3-3-3.jpg

Heh, it's a bit busy, as I even made way for the root to drape over the porch;

DSC_0282.jpg
 
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Gary O' said:
Things were moving the right direction on the place we have an earnest money on

'were'
...…. the owners seem to be trying to weasel out of paying for the dig out
The dig out is over half done
The IS some dry rot on the north end
There IS some evidence of pest activity there too
It's a limited area, and my guy is going to bid on it,
but the owners now don't seem to even have enough to cover the dig out

I'm getting rather irked at it all

I feel the need to squeeze somebody's neck

The cabin is looking better and better as this sham matures


One the happy side, I just sold 12 more avian abodes

I may buy one myself....and move in

Here's the latest;

View attachment 94074

View attachment 94072

Heh, it's a bit busy, as I even made way to let the root extend drape over the porch;

View attachment 94073
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I would get the hell out of the real estate deal you're in. To my way of thinking, this crap will only get more frustrating as time goes on. The place isn't worth the hassle. If you want to be a Townie, look around, some more. There has to be another place that'll fit the bill.
 
treeguy64 said:
To my way of thinking, this crap will only get more frustrating as time goes on. The place isn't worth the hassle.
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Exactly

I'm just too scotch to let 'em have our earnest money



aaaand, the owner is some sorta devout Christian
I may help him out and hurry things up a bit in regard to meeting his maker
 
Gary O' said:
Exactly

I'm just too scotch to let 'em have our earnest money



aaaand, the owner is some sorta devout Christian
I may help him out and hurry things up a bit in regard to meeting his maker
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Earnest money is fully refundable if the seller is not fulfilling any and all agreements made pertaining to his/her presale obligations, provided the same are detailed in your earnest money contract.

I sold three houses, a few months ago. I'm up on real estate law, at least for Texas. Check into it, for your state, Gary.

I write my own contracts, and they've never failed me in court, when that was necessary. Your earnest money contract should have a closing date stated, along with obligations of the seller that have to be fulfilled by that closing date.

Keep us informed.
 
treeguy64 said:
Have you looked around for other places to buy?
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We've been doing that for a couple months

Thing is, the market is getting real hot real quick in these parts
Typically, things don't pick up until June
But....due to the mild weather, buyers are on it

Wife and I talked into the wee hours last night
Came to a consensus
We're gonna hang tough
If we have to finance the upgrades, so be it
Can't be more'n $5K or so
Our minds could change
But, doubt it
Seems it's now the season....bidding war season


If the owners balk.....simple;
I'll do like the settlers did a couple hundred years ago
Invite 'em to dinner
Kill 'em…..take their land
 
Gary O' said:
We've been doing that for a couple months

Thing is, the market is getting real hot real quick in these parts
Typically, things don't pick up until June
But....due to the mild weather, buyers are on it

Wife and I talked into the wee hours last night
Came to a consensus
We're gonna hang tough
If we have to finance the upgrades, so be it
Can't be more'n $5K or so
Our minds could change
But, doubt it
Seems it's now the season....bidding war season


If the owners balk.....simple;
I'll do like the settlers did a couple hundred years ago
Invite 'em to dinner
Kill 'em…..take their land
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Ah, the old days.... 👿
 

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