Buying a new place

[muleskinner]

that sweat equity will add up fast. Good luck!

[muleskinner]

Did you ever think of renting out the old house? With the forclosers at a record high there is a lot of good renters out there. I have 4 rentals and have the best tenants now than I have had in 5 years. It's also a great tax right off.

[buckfever]

Thanks fellows. I think the price of this place was pretty reasonable because they were trying for a quick sell, plus its the opposite way of where most folks work. The 2 brothers inherited the farm and were just trying to sell off the cows and house while they are in probate to pay off the medical bills of their parents. With that sold now they can abtain the 700 acres free and clear.

Hey mule if this place does not sell in several months then I will consider renting it out. In the past I have rented it out for about a year and a half. But i really dont want the headache of the renting. Plus I can use the money from the "old" house to really make the "new" one a great place.

Its kinda unique how I found out it was for sell. Me and friend of mine that lives down there were coyote hunting. We drive buy the house and he says you can probably pick that up for a price in the 80's. A couple days later I called him back and got a phone number for it.

[buckfever]

Well I talked to the bank today and they said loan went through with no problems. They contacted the closing agent so we should close pretty soon. I am happy but kinda sick going in more debt like that without my current house sold. My house is now listed with a agent and we have had quite a few folks looking at it in the past 2 weeks.

I went down there (new to me place) and started working on cutting the grass. It has not been mowed all year. Talk about needing a bush hog.

I will try to get some pics of the area when I get er mowed down so you can actually tell there is a house in the middle of the yard

[Hunting Man]

buckfever, good luck on your new home. I have about 8 yrs to retirement and have been thinking about western North Carolina or eastern Tenn for my last home. Something around the Smokies. Anyway have fun and pace yourself on those projects.

[joel the signman]

thats funny im thinking of tennesse mountain area myself

[Hunting Man]

That whole area is pretty nice, east or west of the smokey mountains. Just need to stay away of the tourist areas.

[joel the signman]

was gonna do a road trip this summer but with the price of gas thats out the window.between hotels food and gas its just too much,maybe next year or in the winter/fall

[BruceBruce1959]

Congratulations On the new Homestead Mark, I'm sure You, the wife and Kids are going to love that Free Spirit feeling from all that land....

I've never been to Tennessee but I would love to see them smokey mountains too...
Maybe someday we'll hook up the camper and do a roadtrip as well.

[joel the signman]

stop over in NY and pick me up ill chip un for gas