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Old 02-17-2013, 07:48 AM   #11
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erin_c_odonnell
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Join Date: Jul 2008
Location: North Carolina
Posts: 3,317
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Re: Taking DR/too frugal living too far....not updating home....

I agree op that they should have been renovationing as they go but if this person has hording tendencies (I haven't seen the show) then I can see why they were inclined to horde money too.
We are buying (under contract now and just finished our inspections) a 3,800 sq ft home. It's a 1988 but it looks like a 70s throwback. Needs TONS of repairs BUT with a $20,000 Reno loan we're getting all the major stuff done AND we're getting a home for more than $100,000 LESS than its appraised for. I'd say its an investment. We've looked at a lot of houses here and we could pay more or the same amount for a house 1/3-1/2 the size and NONE had the awesome character this home has. I can't wait!
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Erin- Helpmeet to David, Deaf. Reformed Christian. Homeschooling. SAHM to 5 on earth, 3 in eternity and currently in the family way! Edd July 2014! Grow baby grow!
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