Current Events > I'm about to buy my first home.

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ShineboxPhil
04/23/23 8:30:23 PM
#1:


Just put an offer for $1.41 Million CAD. AFAIK only 2 other buyers. I'll find out by tonight if I get it.

It's a 4 bedroom home fully renovated.
Here's hoping...

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Patty_Fleur
04/23/23 8:33:17 PM
#2:


Good luck. That's exciting
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CRON
04/23/23 8:33:58 PM
#3:


Congrats if you end up getting it. That's a whole lotta money

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ShineboxPhil
04/23/23 8:34:53 PM
#4:


They just countered to $1.45. Good news is I won't overspend my budget

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Johnny_Nutcase
04/23/23 8:35:24 PM
#5:


Do they do inspections and shit in Canada? I got mine and and all the little fixes the seller paid for or I would threaten to back out unless they lowered the price if I had to do it myself. That's a hell of a price tag though so i'm sure it's nice.

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Returning_CEmen
04/23/23 8:36:52 PM
#6:


ShineboxPhil posted...
They just countered to $1.45. Good news is I won't overspend my budget
Does that mean its still within your budget or you arent moving forward?

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littlebro07
04/23/23 8:37:32 PM
#7:


God damn thats so much money

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ShineboxPhil
04/23/23 8:38:53 PM
#8:


Johnny_Nutcase posted...
Do they do inspections and shit in Canada? I got mine and and all the little fixes the seller paid for or I would threaten to back out unless they lowered the price if I had to do it myself. That's a hell of a price tag though so i'm sure it's nice.

My real estate agent is putting clauses in like building inspection orders and everything else so ya we do here.

Returning_CEmen posted...
Does that mean its still within your budget or you arent moving forward?

I'm not going over $1.5

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ShineboxPhil
04/23/23 8:40:05 PM
#9:


littlebro07 posted...
God damn thats so much money

The Greater Toronto Area is messed up.
I have to buy a home with a built basement so I can rent it out just to offset my mortgage a bit.

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littlebro07
04/23/23 8:43:52 PM
#10:


Yeah Im glad my parents settled down in Omaha, its a decently large metro area with lots to do but still has cheap housing though its starting to creep up now.

Bought our house in 2019 for $257k. 4 bed, 2.5 bath with 3 more non-conforming bedrooms in the basement, two car garage, big privacy fenced yard. Now houses like ours are going for like 360-375k.

A similar house in California, New York, etc would probably be over a million easily. I cant fathom that much money.

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ShineboxPhil
04/23/23 9:48:33 PM
#11:


I got it.


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FL81
04/23/23 9:51:12 PM
#12:


ShineboxPhil posted...
I got it.
ShineboxPhil is now ShinehousePhil

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littlebro07
04/23/23 10:13:34 PM
#13:


Fuck yeah congrats

whens the housewarming party

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ShineboxPhil
04/23/23 10:14:59 PM
#14:


littlebro07 posted...
Fuck yeah congrats

whens the housewarming party

Closing is going to be late July.
So guess I'll be working some overtime till then to cover new furniture.

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PerseusRad
04/23/23 10:15:26 PM
#15:


ShineboxPhil posted...
I got it.
Congrats. Been considering getting my own place. The minimal rent at the place I'm staying at is nice, but I'm sure the goodwill only lasts so long. Just got a promotion, so a house feels a bit more in reach.

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Payzmaykr
04/23/23 10:17:07 PM
#16:


Nice. Did you want something that expensive, or did you sort of have to work with what was on the market?
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ToadallyAwesome
04/23/23 10:18:56 PM
#17:


Good stuff man! The waiting on if you got it phase is never the best but you got it now!

Now go make it a home!

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ShineboxPhil
04/23/23 10:24:54 PM
#18:


Payzmaykr posted...
Nice. Did you want something that expensive, or did you sort of have to work with what was on the market?

I was hoping between 1.2 - 1.3 but there was nothing available with what I wanted. The homes were either outdated or too far from my place of work.
So I had to spend a bit more.

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