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Random Thoughts on the House

December 15th, 2013 at 05:50 pm

I keep thinking about paying off the mortgage. We are so close now at under $8K and I really think it would be a good thing to do, just to have it done with. It would mean one more thing to cross off our list. It would be one less payment we'd be making every month. It would mean between $400 and $1000 (which is where my payments generally are, depending on the month) that could go elsewhere.

I am also thinking about having the water turned off at the house. Because there is no need for it now that it is winter and nothing will need watering out there until summer. We have so many rains in the spring that it isn't necessary. It is $72 a month to keep the water turned on. While the workmen were there it was necessary, but now it isn't. Also, with the water turned off we won't risk the pipes freezing or anything like that.

Another thing I will have DH do the next time we go out there is to turn off the hot water heater. The electric isn't that high out there, but we could cut the bill from $30ish to $15ish by turning off the hot water heater. Between the two things that could give us $87 a month to throw into our down payment fund.

The house has been shown a half dozen times and while it has been in the running for at least two people, it has not been the house picked. I think it is probably priced too high, but I hate to lower the price before it has been on the market for 3 months. When I see houses reduce the price too quickly after coming on the market it always looks like desperation to me.

Our realtors are supposed to be finding out from the ones who showed it what the deal is. If the people looking are finding it too expensive or just don't like the area or don't like the school district. There is nothing we can do about the last two, but we can drop the price if that is the sticking point. I just don't want to have to drop it too much if that isn't even the issue. It could just be as simple as they found something they liked better or that had more land.

I just don't want to end up as one of those people who has the house sit on the market for years. But considering we bought it for $65,000, I don't want to see it drop anywhere close to that, either. We've done too many improvements to the lot and the house that to not get at least $100K for it would feel pretty lousy.

It's set at $129K for now, but I'm not sure that was ever a realistic number. I just thought people would haggle if they didn't like the number. I mean that is what we did when we bought it, we went back and forth several times until we settled on a number between what they wanted and our original offer. Sometimes I think people just don't want to be bothered with bargaining.

5 Responses to “Random Thoughts on the House”

  1. creditcardfree Says:

    I'm always up for negotiating if I really want the house. I think your plan to reduce the utilities is a good one.

  2. FrugalTexan75 Says:

    I've never been in the market for a house, but I know when I look at apartments one of the things I do is flush the toilets and run the faucets. So ... I don't know if I'm alone in doing that, but if others do, then maybe keeping the water on might be a good idea. Just a thought.

  3. just a though Says:

    Frugal Texan, I was thinking the same thing! Glad to know I'm not the only one why does that Smile

  4. creditcardfree Says:

    I think a note could be left at the house indicating utilities turned off for winter. If someone is really interested and ready to make offer they can ask for the water to be turned back on to check for issues.

  5. FrugalTexan75 Says:

    That probably would work. Smile

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