I disagree with that statement...to have that kind of equity after a year -- I would say it's worth the wait! That's a heck of a lot more than what anyone pays in rent in a year!rayoflight wrote:I don't think anyone is bitter about your house...I think it's kind of strange that it takes over a year to build a somewhat starter home. My parents home is custom and it took about 6 months to build. Sounds like you got screwed.
Our New House
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I didn't think about the toilet overflowing (though I think us "adults" know how to prevent toilets from overflowing now...).
however, I questioned the placement when I was on the throne and the cold A/C air was blowing all over me!
I'm sure the real reason was because A/C vents are most efficient when they are placed under the window.
however, I questioned the placement when I was on the throne and the cold A/C air was blowing all over me!
I'm sure the real reason was because A/C vents are most efficient when they are placed under the window.
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hum... most hall bathrooms have the vent that close to the toilet. I don't know about you guys but other than watching kids plug up the toilets in High School on purpose I've never seen one overflow in a home before. Don't think it really matters and I second Amy on the winter part. Nothing like waking up at 6am on a 20 degree day and having a nice hot air vent to sit in front.
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That is true, but Justin, are you on septic or the city sewer? Because I know that septic systems can overflow very easily without decent maintenance. I'm on sewer, so I'm not too worried about it unless I ate the whole Thanksgiving turkey that day, lol. I just never heard of putting the vent that close to the throne, that's all. It looked like the house was out in the country, so I'm pretty sure you guys are on septic, though the pic can be deceiving, lol.

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I see, well that's definitely a good thing, because you see people down here with like a 1/4 acre of land with septic on it (i.e. my grandmother's house), and have had problems. But otherwise, good call on the city sewer, though you have to pay high prices (at least down here, believe it or not) for it. Good deal with getting your internet connection set-up and everything Justin, I really like the cable closet you got there too 


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Good thing I'm good with home networking (at least with PC's, I know nothing about the "Smart House" components). But, the one thing I don't know about is a home wiring closet. I can personally appreciate the forthcoming pics because I definitely need to know how to work with one if I'm going to go anywhere with my networking skills.

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Correct me if I'm wrong, but, you can't build up equity unless you are making payments on something, right? You would have to live in a house for a number of years before you were able to profit from it; you can lock into an interest rate but until you start making payments there is no money being made, right?
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Yeah, as I am a homeowner myself, from what I understand you can still have equity in your home if it isn't a 100% financed deal (say you have a 100,000 dollar house, if you only need 50,000 to buy because you've put down a 50,000 down payment, then you would still have equity in it, but if you need to finance the whole deal then there is no equity until you start paying on it, and it can take some time to build a lot of equity). That was sort of what happened with my deal: I already own half the value of the house, my mother owned the other half, and I bought her half out, and since the house ended up costing me 30,000 before it was over with, and it's worth 50k, I still have 20k in equity. So it's sort of a yes and no answer, if you get me.

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True, because I don't own anything. The second I sign the papers and purchase the home for the contract price I can have the home re-valued for the current market price. I signed my contract at the end of July 2004 and the home should be finished in December 2005. Prices have gone up over the past 1.5 years -- get the drift?rayoflight wrote:Correct me if I'm wrong, but, you can't build up equity unless you are making payments on something, right?
Here is a picture of the house from this afternoon. All the flatwork has been finished minus both sidewalks. The plumbing and electrical wiring has been started and should be finished later this week. Next week they should get to the brick, siding, and garage door... Fun times!

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