Journey of a Homeowner

A true story of a First Time Home Buyer.

I have found that I have not been keeping up with my blog. Reason is I actually started another. Its not even remotely related. Its a foreign movie review blog.

Joe Foreign Review

I tend to watch a lot of foreign movies. Most of which the majority of people have never seen. I have found the current hollywood can not make a decent movie. Sure that poop out a good one from time to time but the overall is...they suck.

Thats right. The dishwasher is finally working. I no longer need to wash my own dishes. Some think this is lazy, but I think its just modern.

AB May came out today to install my dishwasher. It went really smooth. I was really worried about the dishwasher fitting. Its was a really tight fit. It fits perfect though. I couldn't ask for a better one. It's actually kind of funny. I was actually tearing off some of the wood underneath the cabinets just so it would make the height needed for the dishwasher. Turns out I didn't need to do any of that.

The reason I put almost is because they could not reuse the water line from the old dishwasher. It was a solid line and the Samsung needed a stainless steel braided line so it could be moved around underneath it. The cut off the old line and gave me some options. "We can get it fully installed now and have a plumber come out tomorrow...which I worn you, they will charger you another $60USD for or you can purchase this..."

I went with the latter. All I needs was a 5/8 to 3/8 compression fitting. After that it will run. I plan to pick that up tomorrow from the store. I should be able to do my first load of dishes tomorrow.

Looks like a get a Corporate discount through Sherwin williams. Talk about great. Looks like I get 15% off everything they have in the store plus extra depending on the item. Paint can be up to 30% off but it depends on the amount that you buy. I will figure out everything I plan to paint and buy it all at once. Maximize my savings.

Ive worked in some helping hands as well. Friend of mine will spray my ceiling for me. Thats a huge help. I wasn't sure how it would turn out if I did the job.

I'll get some color samples posted soon. That way you can see the colors before I get them up on the walls.

A friend of mine wants to rent my spare bedroom. I am really considering it. It will give me more money to spend on home improvements. With this market that would truly be helpful. Plus I could use a second pair of hands to paint.

I'll make my decision by this weekend. I know it is just for short term. So I will make sure we work out the time frame before we agree to anything. I don't want it to last forever.

There are so many different designs styles to choose from. You can even mix and match. Contemporary, modern, traditional, eclectic, and more.

I really don't want to mix and match styles. I think those tend to look A.D.D. I want my place to have a finished look. I've been looking at a lot of furniture at Crate and Barrel, as well as Nebraska Furniture Mart. I'm torn between Asian or Modern.

Modern

Asian

Its really hard to choose.

After my first dealing with my Homeowners Insurance. I am not sure that it is worth it. My first claim was for my dishwasher. As many of you know it has been a real pain to deal with. After submitting my claim and paying my $60 USD claim fee. I'm really only ahead $30 USD. They gave me a $90 USD to Nebraska Furniture Mart.

The only reason I have it now is that the Bank I purchased the foreclosed home from gave it to me for free in our negotiations. If I had the choice again. I would have taken the $450 USD and put it towards the cost of the house.

AB May is going to come out Tuesday to install my new dishwasher. That way it is still qualified for the homeowners insurance.

This thing looks awesome. I cant wait to have it installed and running. I am temped to install it myself but the piping has me a little worried. I am going to let the pros handle this one.

This thing was a pain in the butt to pull out from underneath the cabinet. It was almost like it was glued in. turns out it may have been a little tall for the area. Plus the water pipe was a solid 1cm copper pipe. I thought that was a little over board but I am not a plumbing professional.

They will be hauling away the old when the new one arrives. Thats they only reason I wanted to make sure that I got it out.

I noticed that it does have water in the bottom. If I am lucky I will not have to worry about that. I'll let them deal with it.

Most DIY stuff around the house you can do. These ones to look out for are the following:

Plumbing
Electrical
Load bearing walls

All of these have extreme consequences if something were to go wrong. Plumbing can damage almost everything in your home. Electrical can stop your heart if you mess with the wrong wire or forget to turn the power off. Load bearing walls can bring your house down on itself.

Me personally would not want to deal with any of these issues. This is a perfect time to call in a professional.

Slowly coming along with the wet basement. So many things going on in this house that its hard to keep it straight at times. I'm finding it hard just to gets small jobs done. I know they will all get done. Its just a matter of time.

That wasn't there when I bought the house.

 I had to tear into the wall to find where the water is coming from. Unfortunately we are in a bit of a dry spell so its hard to see where the water is coming in.

Notice the water stain.

This last photo is hard evidence that water is coming in.

A summer project of mine will be to remodel the wet bar. The construction of it is sound but the appearance of it is very rough and dated. No real ideas of what to do to it so far so I figured I would post photos and let you guys come up with some ideas. ;)

Its a nice size bar. Just needs a face lift.

Wet bar means it has a sink.

Plenty of room to mix drinks and store bottles of energy.

Part of my HGTV addiction is This Old House. This show has some of the best Home Improvement and Remodeling ideas on this network.

Expert advice on kitchen design and planning, from remodeling to easy upgrades for every layout from great rooms to galley kitchens. Find more space in half baths, powder rooms, and other tight-squareeze bathrooms by looking at design, layout, and storage options. Ideas, projects, upgrades, and step-by-step instructions for creating a cozy great room, living room, library, and more.

And their website is killer. They have all kinds of videos you can watch and learn from. They also have a wonderful gallery that other homeowners post too. This is a great way to get ideas from and also comments back on what people think of your home.

I plan on posting a few photos on there to see what people think of my home.

I’ve watched way too many HGTV shows over the last couple of days.

I found out how to watch them on Hulu and I’ve consumed many episodes of House Hunters, Top Design, and more. I’m addicted. It’s giving me an escape. It’s letting me escape for thirty minutes and dream about renovating my place.

HGTV gives me a break from these thoughts. It let’s me escape into someone else’s home buying or decorating process and pretend it’s my own. I like having that ability to make the decisions in my head and talk back to the show when I feel they made a horrible choice.

It’s too bad they don’t pay you for watching HGTV.

I actually met one of my neighbors by accident. I was leaving with a friend when they pulled into their driveway. It was interesting the number of questions she had for me. Do you smoke? Is that your wife? Do you have kids? She wanted to know so much about me. It was actually pretty cool. Sadly the only thing I now know about her is her name and that she has a dog. Need to find more ways to introduce myself.

Just because delivering a Jell-O mold to welcome a newcomer to the block is creepy doesn’t mean you’re destined to live a lonely, anonymous life in your neighborhood. Even if you are the new person.

Saying hello "a lost art that needs to be brought back." Try this: Walk around your neighborhood and actually look at people, not down at the sidewalk or at your iPhone. As you pass someone, make eye contact and smile, nod, or say "Hi." Afterward, continue walking, and don’t look back. Repeat.

Practice common courtesies. Return your neighbors’ mail if it’s delivered to you by mistake (including a nice note wouldn’t hurt). Help strangers who need assistance with large packages, or carrying strollers up and down stairs. Open doors for others.

These are just some small things that you can do to learn more about your neighbors.

A first time home owner often starts the real estate search all sunny & happy. They are finally going to get their dream home. A few weeks later you can see first time home buyers tearing out their hair or even crying.

Look past what you see in the house. Many of the homes that you look at will be dusty. They will probably be cluttered and decorated in a style that you don't like. You need to learn how to look past people's possessions. You aren't buying the furniture. Use vision as a first time home owner to turn what you can afford into your dream house.

The first rule of real estate is location, location, location. You can change pretty much everything about the house except for where it is. If you are looking for a prime location you will probably have to spend more money. If you think it's in a great place, so will another first time home owner. This may mean that you'll end up with an older home that costs more money.

Look for up and coming neighborhoods or add 15 minutes to your commute to save more money. Be sure to factor in the added cost of getting back and forth to work (Even if gas prices sky rocket) to see if the money that you would save is really worth it.

Most first time home buyers have a list of dozens of things that they want, like dishwashers, stainless steel appliances, and granite countertops. If you are on a budget, you will have to learn to compromise. Decide what you can and can't do without. Needs and wants are different. Learn what they are to you.

I finally worked out with A.B. May on who will be installing my dishwasher. They at first told me that Nebraska Furniture Mart was going to install it and I would have to pay their fee and they would reimburse me. I felt that was to much of a pain. I paid them $60 USD and all they have done was give me a $90 USD credit to NFM. So they are basically out $30 USD. I really don't feel like I'm coming out a head here. After speaking with them I finally got them to install my dishwasher for free as this was covered by the first $60 USD fee.

The part that I felt unfair about is that I had to climb the food chain to get this answer. Everyone before hand was telling me that it was an extra fee for them to install it since I purchased the dishwasher from someone else. Sure one person can make a mistake but I got the same answer from two different people before I spoke with someone in management. Mangement was very clear that the install was included with the first fee and that I will not be charged an additional fee. If it wasn't for the fact that I am stuborn when it comes to money, they would have got another $60 USD from me. Some how I bet that is how their system works. Its just a racket to make more money.

I have zero plans to renew this home warranty. A.B. May is a scam. This is a clear example that gives insurance companies a bad name. They are not playing fair. They are 100% for the system. Know your rights as a homeowner. Read the fine print. Make sure you are not getting screwed by them or any other company for that matter. They will all try to make a buck off you.

So I went up to Nebraska Furniture Mart to purchase the Whirlpool dishwasher. Turns out that sell ended the day before. Talk about being upset. I then asked to see a GE model that I had compared to the Whirlpool. Turns out that one was also part of the sale. Talk about suck.

I can't drive all the way out here and not get something. So now I told the guy to just show me stainless steel dishwashers with hidden controls. Showed me serveral but all of them either did not have features I was looking for or it had a big brand badge on the front of it. Thats kind of why I like the GE models. They do not have any labels on the front of it. I took a longshot and asked if they had any Samsung models on the floor. To my surprise he said yes (Their website still does not show any Samsung models). The price was still high but it was nothing like the others. Plus I knew I had $190 USD in credit coming to me.

The Samsung had all the features I was looking for and it had a stainless steel tub to boot. It was also the quietest dishwaser I looked at (51db). I should be able to run it just before bed and not have to worry about it.

After getting home I made a realization. The dishwasher is 34" tall. My counter is just under 34". Sounds like I will need a BFH. Im going to make that thing fit no matter what. I wont care if it never comes back out. Unless it breaks, it better not break. I decided not to purchase the exteneded warranty on this one. I have 30 days to change my mind. I don't think I will.

Looks like A.B. May is coming through for me. They are giving me a $90 USD credit (cost of the part) to go towards any appliance purchase. This is awesome. Combine that with the $100 USD gift card and this washer is going to cost me $208 USD. It would have been less if I could have gottent the entire $158 USD credit but they would not include the labor since I was buying from else where. Either way I am happy.

Im actually thinking about getting a GE model. Its about $100 USD more but it matches my fridge handle much better. This will give the kitchen a more unified feel. This will end up being an in the moment purchase. Im trying to keep expenditures down. The more I spend the less I make when I go to sell the house. At the same time. What is $100 USD when it could mean a quicker sell of the house? This is just one of the questions that I fight with myself on.

Ive dealt with leaky basement since I was a child. They seem to be typical. Though they should never be ignored as the problem will grow in to a major foundation issue. Its best to identify the problem and address it while it is small. This is not just in the basement. This also includes your garage, pool, and patio.

Most are caused by the drying shrinking, thermal movement of the ground. If you do not fix the cracks while they are small. They will widen and get worse. Then you will have to do much more than a simple epoxy job. You may have to run tile drainage or do some kind of excavation. Foundation cracks will also hinder the value of your home.

Lucky for me they have inexpensive epoxy crack repair kits. These are cost effective and a homeowner like myself can get the job done. Poured foundation cracks may be repaired by using low-pressure injection of an epoxy or polyurethane foam material. For the repair of concrete floor cracks, certain epoxies and polyurea materials exists, suitable for such slab repairs.

Either way, the repair of concrete cracks in either the foundation or the slab may efficiently and effectively be completed in as little as an hour or more.

Finally got around to ripping out the basement wall. I have not located the leak but I know I am close. I think I have an idea of what is causing it. From the outside I see a small tree growing in the window area. Its about 1-2 inch thick. I would not be surprised if this was the culprit. I wont be for sure until I find the leak. I still have to rip out all of the insulation next.

Im hoping that a good epoxy filler will save me thousands of dollars. I really dont have to have to spend money to trully get this fixed. After I rip out the tree and apply root killer to everything in the area. I hope it goes away. I will also work on the grading of the house. That way water flows away.

I also plan on installing new gutters this summber. They are needed anyway.

If you are anything like me you have gone through the gamut of cleaning solutions and cloths. So far nothing has worked for me. Until now.

Vinegar. Common everyday viriety white vinegar. Spray it on in its undiltud form, then wipe with a clean wash cloth. Then take a paper towel over the entire thing. 100% streak free. This is the best cleaning tip I have ever seen. Plus vinegar kills 99% of all germs, so you dont have to worry about things growing on the surface.

This store has so much going for it. They always make sure they have the lowest prices. If they don't they will beat the advertised price by another 10%. Now that is what I call commitment. They even gave me a $100 USD gift card when I purchased my Samsung french door refrigerator. They want you to come back often.

Now that my dishwasher has hit the fritz. I want to use this gift card before it expires. $100 USD toward a new appliance is pretty sweet. Even more so when I can find a hugely discounted item on NFMs website. And it just so happens I did. The Whirlpool Gold with Full Integrated Console GU2275XTVS. This is a sweet stainless steel dishwasher that will go really well with my fridge. I know some people really like to match their appliances but since im going with stainless steel. Its kind of hard not to match. Just have to follow the grain of the steel and I should be good.

The next part is to wait for the call from the A.B. May people. I want to get my $158 USD repair credit to go towards any purchase that I make. Not some cheap over priced piece of crap they want me to buy. I know its a long shot to get them to go this way but its worth trying. I cold have a new stainless steel dishwasher with integrated controls for as little as $140 USD plus taxes. This include my repair credit and my nebraska furniture mart card.

The MSRP on this model is $649 USD. I think I would be getting a pretty outstanding deal on it if all goes my way. This is a current model too. How awesome is that?

Chances are the thing was already dead. It was the first time I went to use it and the motor was siezed. I went ahead and called A.B. May. My home warranty is through them. They came out and diagnosed it. They came to the same conclusion. They gave me two options. 1. They will replace the part for free. 2. They will apply the repair credit ($158 USD) towards the purchase of a new dishwasher. Now the second option sounds great. The catch is that I must purchase the dishwasher through them. So I went ahead and got the model info from them and what it would cost me. OHH WHAT A RIP OFF! They want to charge $523 USD for the new dishwasher and thats with the $158 USD credit. I can buy that same fridge new from Lowes and it will cost me $386 USD installed, which includes hallway of the old one. To go even further. The MSRP on the Whilpool website says $499 USD for the stainless model. How the hell are they charging $681 USD for the same dishwasher!!!! A.B. May is a joke. I am not going to recommend them to anyone.

I left them a voice mail to give me a call back. We'll see what happens. I want the $158 USD to go towards any purchase I make.

Now you could say its not markup. Its the Labor involved. Im not paying for Labor. Its a warranty. I shouldnt have to pay for it. I'm already paying $60 USD just to have a service call. I now know why people usually don't get home warrantys. Its a rip off. The only reason I have one is because I did'nt have to pay for it.

Come next year, I will not renew it PERIOD!

These are the main points that I went through when deciding on my lender and when searching for a home. I shopped myself around to different lenders and landed with Wells Fargo first. After getting horrible service with them, Stonegate Mortgage appeared. They treated me fair. My only fault with them is that I had to pay for the appraisal guy to go back out and look at some repairs that was made.

Analyzing your debt to income ratio
This is one of the first things a lender will look at when you're buying a home. The less debt you have the lower your percentage will be. When I purchased my home. My debt to income ratio was 8%. Which is really good. Once you start hitting 25-27% its gets a little flaky. Reason being once you apply your mortgage to that ratio you will be close or over 50%. Most lenders want to keep you under 47%. In my opinion that is still to high. When you get approved, they are approving you for the max percentage. Always find this out. Try to stick to 22-25%. This way you won't be house poor.

Are You Really Pre-Approved for a Mortgage?
Pre-Qualified and Pre-approved are two different things. Know the difference. In face dont even wory about pre-qualified. It doesnt do anything for you. It may get some realtor to talk to you, but thats about it. Always get pre-approved when you find the mortgage company you want to go with. Use the pre-qualified as a way to feel out the mortgage company and how they work.

Do You Have a Mortgage or a Deed of Trust?
security instruments that gives a lender the right to sell your property to recover funds if you do not pay the debt. A mortgage and a deed of trust are both security instruments, but deed of trust allows a lender to take an easier road to foreclosure. As they dont have to go through a judicial process (no court).

Don't Get Caught Up In Loan Fraud
I dont see how anyone can get caught in one. If you are at all educated then you know what companies are reputable. If you dont, then educate yourself. I used Stongate Mortgage.

Facts About ARMs, Adjustable Rate Mortgages
If you dont plant to live in your home for more than a few years, get an arm. You can get a better interest rate in the earlier years. After the period has expired your loan will adjust each year until it reaches the max APR that is agreed apon when your mortgage was made.

Facts About FHA Mortgages
FHA loans allow you to buy a home with as little as 3% down. Unlike a conventional home loan that requires 20%.

RESPA's Required Disclosures Help You Shop for a Mortgage
Disclosures will become your best friend. These will break down all the cost. That way you will not have any surprises. Its there to protect consumers when they buy and sell real estate, and teaches them to be better shoppers. This will also make it easier for you to compare two different mortgage companies since you will see a break down of every fee you have to pay for.

Should You Buy Discount Points?
Unless you plan on living in your home for more than 10 years. Dont waste your time. I could have paid an extra $1000 and gained a point but it would have taken 7 years to before I would start seeing the savings.

Scraping the wall was a mistake. I started with a half dollar size chipped area to a 3x2 foot area of scrapped paint. I should have just spackeled the area and called it done. Now I have a much larger area. What made me think about this was just how smooth the wall was. I was going to created a lot of unevenness that I would have to go back and fix. So this made me stop. I am just going to fix the area I did and wash the walls and get them ready for paint.

The material that was purchased for this part of the job can all be reused. Even the plastic. I purchased the 6mm plastic. Much easier to move around and repurpose later on.

Im going to go home and measure all my walls. Sherwin Williams will be able to tell me how much paint I need. I know they are more expensive than if I went to Homedepot or Lowes but I like the fact they keep your color choices on record, including any custom colors you come up with. Then they can mix you a small batch when ever you want and it will always match.

Im going to head back out to Sherwin Williams tomorrow as I will be measuring tonight when I get home and they will surley close before I am done.

Ive chosen to do the main dining room in Latte but two shades lighter. It gives off a very warm and bright tone. I think that will make the room feel much bigger. Im going to keep all the trim and ceiling white. I was given the suggestion of paiinting the ceiling first. I may just do that if I can get a sprayer from a friend. This may alter some of my plans.

Ive been really contemplating buying stock in Homedepot and Lowes. These people are making a killing off me. It feels like I spend a couple hundred every weekend at one of these stores. I can only presume that hundreds if not thousands of other people are doing the same thing. It only makes sense that I should buy stock into these companies. Maybe this is another way I could profit off this house.

On another note. I have a good friend coming over that is in the heating and cooling industry. I have a concern with the heater and air conditioning. When ever the heater comes on, it sounds like the condenser unit outside is kicking in. I'm pretty sure I don't have a heat pump. So the condenser unit shouldn't be turning on. I've tried running out when I hear it. Both times I went out it was not running. Makes me think its coming from somewhere else. This worries me even more. It could be an even bigger problem or it could be nothing at all. Hopefully my friend will be able to determine that for me.

Fingers are crossed that this will be painting week. This is the kick in the ass I need to really start taking on these projects on the house. It will make it feel more mine.

Now matter how well made my plans are, life always finds a way to intervene. I was unable to get to the wall that I wish to scrape. I did purchase the tools I need to do the job. Some kudos are deserved.

Outside of daily life, I did forget to purchase the plastic drop cloth for the floor. I thought I had a bunch of old sheets that I could use. I was sadly mistaken. I will have to pick this up tomorrow. I don't want to postpone this much longer. I really need to get painting. Once I get the paint up I think I will finally have my first house warming. Not to worried about furniture. I dnt mind if people stand. Laugh.

Hopefully people will bring stuff. I know I need a lot of small things. A simple paper towel dispenser for the kitchen would make my day.

In order for me to get ready for paint, I have chosen to scrape the second highest wall in the house. It has been painted so many times, that the paint chips are actually 2-3mm thick. Luckily for me it flakes off fairly easy with a scraper. I will be wearing a hepa filter mask, since its possible for the paint to have lead in it do to the age of the home. Hopefully I don't get sick from it.

Once I get the wall scraped, I will give all the walls a nice sponge bath to make sure the surface is ready for paint.

When getting ready to paint, here are some great steps you want to take.

1. Take the time ti fill in any gaps and fixed any holes. Its a waste of time to paint if you are not going to take the time to do this.

2. Lay down drop cloths. More the better.

3. Put on throw away clothes. Its that simple.

4. Give the walls a quick rinse with a sponge and vinegar water. This will get rid of any residue and oils off the walls. This will assure that you have a good bond between the paint and the wall.

5. Paint all your trim. Try not to be messy but don't worry if you go over the trim line.

6. Tape all edges that you will be painting. This will make clean up easier and igve you those nice professional edges. This is also the make it or break it stage. The more time you spend taping, the better the finished job will look.


7. Apply the paint in even coats. Don't use to much or two little paint. If it drips. Its to much. If you can see through it or the color is not consistent, then you dont have enough.

8. Let the walls air dry the proper amount of time. Go with what the directions say on the paint. After drying, then apply your second coat. Some paints dont require a second coat. Refer to your specific paint.

9. Make any needed touch ups.

10. Tear off all the tape. And remove the drop cloths.

Now if you are lucky, it will look beautiful. Thats what I am hoping for it. I will take pictures once I have it all painted.

Great, just great. My house may kill me. Facepalm. So I really hate my popcorn ceilings. They are an eyesore. Some people dont even notice. Every time I look up its like im being mocked. Well its no longer as simple as I thought it would be when I go to scrape it down. Apparently between 1970 to 1978, popcorn ceiling material contained asbestos. In 1978 it became illegal but it was still legal to install it. Installation of asbestos ceiling texture was not banned because of the financial loss it would have meant for manufacturers, suppliers and contractors who had already purchased stocks of the product. Asbestos ceiling texture was still being installed in homes until the 1980s when those product stocks finally ran out.

Well my home was built in 1973. Guess what my popcorn ceiling is made of? I dont really know the correct answer to that but I will find out before I scrape anything.

Im slowly becoming a mesothelioma expert. Mesothelioma information is abundent on the web. I can find all kinds of Asbestos related cancer research. This stuff is no joke. Its a rare form of cancer but it is lethal. The biggest problem is that you get cancer decads later. Most notably lung cancer. You breath in microscopic asbestos particles and they lay dorment in your lungs. You body fights them for years but it can never get rid of them. So eventually the toxins from it causes mesothelioma.

So I will have to have asbestos exposure testing done in my house. They will test all the rooms and send of peices of the popcorn ceiling to a lab. After they do all their testing I will find out what I need to do. I really want it to come back negative. The little research I have done shows that it will cost a small fortune for a specialist to come out and remove the asbestos from my ceilings. I dont want to have this happe. I would much rather do it, which I will only do if the test come back negative. I dont want to risk having cancer from trying to save a couple bucks.

There currently is no cure for Mesothelioma. Thats a big sign that you dont want to mess with asbestos. It will kill you in the long run.

Any and all testing you have done. Make sure that the lab is certified and if it comes back positive, be sure to use a certified asbestos abatement contractor. This will make sure that proper care is taken during removal.

I dont want to get lung cancer. I need to take these steps so nothing happens.

There is no one answer that covers everyone. For example a capital 1 credit card is great because you can setup your online banking with them. Basically handle all your finances in one place. Capital One even has some 0 percent interest credit cards. It wont stay that way forever but its nice to have in the beggining.

Another good answer would be a Mint credit card. Some of you may have never heard of them. They are a smaller company credit card company. Infact they limit the number of customers they allow to join. This is by far one of the best private companies I have ever seen. They are solvent and are not going anywhere. Best of luck trying to get a card though. You have to have amazing credit to get one.

Now you may be thinking, why? You just got out of debt. Im not looking at going back into debt. I just want to do what I can to build my credit score. Having a high credit score reduces a lot of things for me. My insurance on both my car and home will go down. Jobs can now look at your credit scores and base a decision from them. Im not looking to over extend myself in any way. I just want to reap the bennefits of a good credit score.

I spent a number of years paying off my credit cards. I only have two now. I only keep them for my credit rating. Having a credit card is very handy for a non pay week. You must also take care of them though or they will bite you in the ass. They can easily spiral out of control if you do not make choice decisions. The best thing you can do is pay them in full every month. I repeat every month. Not only does this look huge on your credit report but it also keeps you from ever paying interest. Some of them even give you bonuses for paying early. So thats more incentive to keep them payed off.

The two cards I have are both store cards. I plan on getting two more. One that gives cash back that I will use on everyday things and the other will be my heloc card which will be used on home renovations. Im leaning towards a cap one credit card. The Cash Reward card gives 2% back on gas and grocery store and 1% back on all other purchases. It doesnt have an annual fee which is also nice. I know Discovery has a card that gives 5% no matter what you purchase but it needs a high credit score. The cap one also needs a high score. I still need to build mine up. This wont be an issue having a mortgage. A mortgage is the fastest way to raise your credit score. Its even faster at lowering your credit score if you miss a payment. So be very careful with it.

No matter what you choose. You must be smart about it. Dont miss a payment. Dont over extend yourself. Dont be stupid. Its pretty simple.

It seems almost every post is about fixing or renovating something else. I guess that is the life of a homeowner. I wont say I dont enjoy it but I do know as time goes on all these big projects will get finished. Then all I will be left with are small projects that I feel like doing. Fingers crossed I dont think of more bigger ones. Laugh.

In the long run, hopefully every project that I take on will only increase the value of my house. That is the true goal. That way when I go to sell I have a better spread to work with. Then I can start the entire process all over again. The goal next time would be to do it faster and try for a flip. If I can do a flip, this blog will take a drastic turn in direction. Flipping is an entire different bottle of wax.

At the same time, I may not sell this house. My current goal is to pay off as much as I can. I even have a spreadsheet that shows that its possible to pay off the house in 61 months. That time frame requires a room mate but it is possible. Ill then be 33 and own my home outright. That would be pretty impressive.

Having all that extra money every month. I would be doing a lot of traveling and investing. I think owning your home is one of the biggest steps to becoming wealthy. Just think about the money you spend every month. That biggest payment is either your rent or mortgage. If its your car, you either live at home or have several room mates or you possibly made a bad decision on a new car (Sorry but Dave Ramsey says so).

I like the idea of owning this home. I feel like I could accomplish a lot more in life. Thats an extra $15,000 a year. Thats a nice pile of cash to have around. I have a lot to think about in the next coming years. You will all find out what happens too.

Some think this is just another way to get deep into debt but I look at a home equity line of credit as a chance to purchase big ticket items and spread that purchase out over a couple months. With a HELOC you can get fixed or low APR. If I were to use a visa or mastercard with 22% interest. I would be so screwed.

The lowest fixed rate HELOC that I have found was in the 5s. Thats just above my mortgage loan. Thats dirt cheap for a credit card and thats not even an introductary offer. Thas for a period of 5 years. Most HELOC are based on a fixed term. Usualy a number of years. 5-10.

It doesnt take long to find a home equity line of credit. CitiBank, Wells Fargo, Countrywide, Chase all offer them. Key things to watch for is the term length and the interest rate. The fixed rate is what makes these so popular. You dont have to worry about an APR (adjustable percentage rate).

Another beughty of it is that you can choose how much you want to spend. You can use as little or as much of the credit line as you want. When you compare to a home equity loan this is by far better. With the home equity loan you are paying for the entire amount. Plus they usually have a hiring closing cost. While a HELOC you can get the closing cost credited. Push for that too.

Home equity line of credit vs a home equity loan. Credit all the way. You are only paying for what you use. You dont have to take the lump sum amount. This will allow you to pay less interest in the long hall. Remember that. Always look for the best interest rates when shopping. Getting a lowest fixed rate HELOC will pay devidends year after year.

When I purchase the home, I went in knowing that it had some cosmetic issues. Namely some wood rot on the outside of the house. One particular area is the patio. where the over head wood connects to the house, they did not leave a gap for rain so pass through. So what happens is that the water ends up making a puddle. Standing water is really bad when it comes to wood.

I feel this area may be kind of expensive. I'm hoping it won't be as this part of the remodel will be out of pocket.

The second relativly bad area is by where the utilies come into the house. The siding panels have started to rot away. This is by far the easiest section to fix.


I really like the fact the house does not have vinyl siding. I just hate the way it looks. It reminds me of the 80's. Its not timeless like other types of siding. Look at tudor style siding. Its been around for hundreds of years. It still looks great even today. Rant off.

My home is a 2 bedroom and a 1 and a half bath. The way the bathrooms are connected it is considered a Hollywood Bathroom. What this means at that they both share the same shower. The shower is in its own room that is connected between the bathrooms.

The spare bathroom has a single vanity, average mirror, and a toilet. The master bathroom has a larger vanity, extra large mirror, medicine cabinet mirror, and a toilet. Both bathrooms are missing cabinetry and/or shelves for towels. In between these two bathrooms are the shower and tub.

Now that you can see what I have to work with, this is what I plan to do. I want to totally gut the shower room. Loose the tub completly. Im 28 years old and I havnt took an actual bath 20+ years. I see no reason to have a tub. I want a full blown shower with multiple heads.

Have two main shower heads on oppisite walls. Then place a giant rain fall shower head about overhead center. This will either need two drains or a larger one in the center of the room. No matter what I choose, I do not want to have standing water. That would be the death of the shower. I am thinking of installing heat lamps in the ceiling as well. That will all depend on the cost. If its relativly cheap, then I think it would be a good idea. Else it will get scrapped.

Im reading up on shower heads. Looks like Moen and Delta make the best. They are costly to boot. I have always been a big fan of Delta faucets. They always just work. Plus they come with a lifetime warranty. Once I get close on this project I will investigate different shower heads and faucets and post my findings.

This remodel wont happen for a while. Just making sure that I get everything documented before hand. That way I have something to look back on.

I was unforntuante to find a house in time for the governemnt tax credit. It sure would have been nice to get an extra $8,000 USD to renovate with. Overall I still think I came out ahead. If I would have purchased the same property I am in now, I would have paid almost $43,000 more!!! Yes, thats not a typo. Thats how much the bank has slowly taken off the price, since it went on the market. I am much hapier now. I would have been looking for first time home buyer grants if that was the case. I would have become house poor if the purchase was made last year. And for those who dont know. House Poor is when you have a mortgage and almost all your money goes towards it. You barely have enough money to do anything else. So you end up stuck in your home.

With my current situation I am not house poor. I am paying a little bit more a month but its worth it. Every payment I make, a portion of that goes into my pocket. When you are paying rent, that does not happen. You are lining someone elses pockets.

So if I were to have any tips for a first time home buyer, it would only be one. Be patient. I saw a number of houses that I thought was perfect in every way. Some I bid on and lost. Some were just to far out of my price range. All I did was get frustrated about it but in the end I knew it would work out. And trust me it did. I was able to get a steal on this house. I already have about $30,000 USD in equity and thats only going to go up as improvments are made to the home. Who knows what the housing market trend will do. But right now I think we are close to the bottom. It should start going up over the next 2-5 years.

Now you may be thinking. I got lucky. I dont feel it was luck. I did a lot of research and a lot of looking. I knew I wanted to have prebuilt equity in the home. This made me feel safer making a huge purchase like this. Everyday I still look at houses. Deals like this are still out there. You just have to look for them. Learn what areas are popular. Read about school districts. Look at how longs houses take to sell in a particular area. Watch was houses actually sell for. All of these will give you a better understanding of what houses are worth.

I will never have true IMAX video. Thats not my goal. I just want the audio experience. Its just not cost effective in video. Now 1080P is very doable. The cost of HDTV has done down remendously over the past couple years. Even the HD projectors are becoming consumer friendly. You can get an HD projector for as little as $400 USD. That gives you 720P and 1080I. Thats really impressive. Plus they are now introducing LED projectors. The bulb in those are suppose to last from 10-20
years. Compared to a couple thousand hours you get out of the regular lamps that also cost $150-450 USD a pop. LED sounds very promising.

Right now they do not have the lumens (brightness) that you would find in a regular lamp. A couple prosumer LED projectors do exist that have very high lumens. The catch is that they are very expensive. I figure in about a year or two they will have come down in price just like blueray did.

Im thinking I will post pone the video portion of the IMAX project. I can purchase something cheap for now. I want my current Samsung HDTV to be in my room so I dont have to go downstairs to watch TV or play my PS3.

Here are a couple pictures of the base end of my system. Keep in mind that each box weighs over 200 pounds and each speaker adds another 39 each. They are a pain to move up and down stairs. The design is considered a cylinder in a square. This is IMAX or even club quality base.

I received my Gas Utilitie bill in my email today. Yes I am paperless. Saves the enviroment and id rather read an email then open up mail, just to throw it away since it will be paid online.

This will probably be the lowest Gas bill I ever receive. It is for $18.00 USD. This is only for 5 days of usage. Sounds really expensive.

I'll break the price down:

$6 Cost of Gase
$5 to start new service
$2 Service Charge
$3 Delivery Charge
$2 Taxes

Now in theory all should stay the same except for cost of gas and taxes. Those should be the only ones that increase. This being my first bill from a gas company, I could be wrong. I know my electic bill from my old apartment, all the fees stayed relativly the same. Only the usage and tax fluctuated. Wont know for sure until my next bill. I could call them but from my bad experiencing just starting service. I'd rather not call.

I did go through their website though. They had some interesting ideas for making you home more gas effieciant. One of the key items that I liked was adding a ceiling fan to rooms. A room that has a standing tempature of 80 defrees. A ceiling fan moving the air causes a wind chill effect. This will make the room feel like its 72 degrees. This allows you to run the thermostat at a higher temperature and you get gas savings. Of course this will increase your electrical bill but electrical cost far less than gas.

So I may be investing in a ceiling fan soon. They are not that expensive and give any room a nice look. Plus who doesnt like a fan above their bed while they sleep.

My new Samsung RF266AERS Refrigerator is amazing. It has so much room. My apartment fridge was
pretty much maxed out. It feels like this thing has twice the amound of room. Plus not having to bend over to see what I want is trully a blessing. I dont keep very many freezer items. Mostly chicken, beef, and frozen fruits.

I had the urge to go out and try and stock it full of stuff. Then I remembered something. When I moved into my first apartment, I did jus that. I went out and bought everything I could think of. It was great. I had everything at my finger tips. Fast forward 2 months later. Half the stuff I bought gets thrown away do to it expiring. Never again I said. Its best to buy for 1 week in advance. If you can shop every 3 days, I would recommend that. You can buy less overall and save that way. Plus you get the advantage of eating fresher food.

The only thing I plan on stocking up on is chicken and goat. Yes I said Goat. If you have not tried it, you must go and find some. I had to search far and wide for it. The only place I know of is a local indian grocery. Goat is amazing. Its easily one of the best meats you can eat. Goat meat is 50%-65% lower in fat than similarly prepared beef, but has a similar protein content. The US department of Agriculture also has reported that saturated fat in cooked goat meat is 40% less than that of chicken, even with the skin removed. Sounds like the perfect meat to me.

The taste is very similar to beef, just not as strong. Texture is more lamb like. Taste is wonderful. Thats my speal on goat. Back to the kitchen.

The fridge is pretty big for my kitchen. I think when I go to renovate, I will recess it in the wall. This will free up valuable walking space and make the fridge cabinet depth without loosing capacity. The kitchen wall is backups to the garage so it shouldnt be an issue recessing it. This will make a bump in the garage but who cares. Its a garage. The kitchen and bathroom will sell this house. The two car garage is only a bonus. I dont plan to do anything with the kitchen for at least a year. Everything now will just be planning.

Finally some pictures are going to get posted.  It came to be last minute. Other wise I would of had some pictures with all the wall paper still up. These will still make a good before and after down the road. My lender Stonegate Mortgage wanted me to keep track of my renovations as well. I think she just wants to use what I did as a sales pitch for other future home owners. My Realtor thinks the same thing.

This is the west wall of the Dining Room. I decided that I did not like the wall paper. It made the dining room feel more dated. I think a nice coat of primer and paint will go a long way. I will be replacing that light with a nice ceiling fan with built in lights. Being a larger room, that will help with the air flow.
 Here is the sliding glass door against the South wall. Other than the tracks needed to be clean, its a great door. I did purchase some vertical blinds for it. As you can see it gets very bright.
This is the North wall. It looks like thought about painting it before they put up the wall paper. I think they made a poor choice. Both in that paint they were thinking about and the wall paper that they chose. Of course someone may think that about me when I choose the colors for the house.
 Just thought I would take a picture of the ceiling to give you guys and gals an idea of the height of the room. This is why I really want to get a fan in here. Push that warm air back down. Considering its snowy out side, you can understand why I want it. I do plan to paint the ceiling. Most likely a shade of white.
Finally got all the wall paper off. As you can see, its not that great. At least I don't think so. Someone may think this is absolutely beautiful. Of course beauty is in the eye of the beholder. Luckily they all came down in single strips without tearing or even applying water to the walls to loosen up the glue. Made clean up easy.
 The floors are really nice in here. I will spend a lot of time just trying not to scratch them. I do have a large area rug that I will lay down to help. Just need to get an under mat for it so it doesn't scratch the floor if it slides.
Here is the South opening to the Sun Room and fireplace. Not much will change with it. Just a new coat of paint. The exposure is really making that room a lot brighter than it really is at the moment. It still nice to have so much natural light coming in.
This is the easy wall of the Dining room. Not a fan of the shade of burgundy they chose. It just makes the room feel so much smaller. I will go with a much lighter paint. Make the room feel bigger and more open. Dark paint makes it feel like you are hiding things.



I will try and do much better with documenting everything with photos. This way not only Stonegate but I will also have an easier time referencing what I am talking about.


UPDATE: I have not painted anything. These colors are original from when I moved in.

I had my Realtor come over. He doesn't like my fridge. He thinks its way to big for the size of the kitchen. I agree to an extent but I'm not going to leave the refrigerator to the next owners. They can have everything else.

We did go over some great ideas of what to do with the place. He wants me to keep my focus on the top floor. Dont do anything to the down stairs. No matter what I do it will always be a man cave and man caves do nothing for the resell value of a home. No walk out to boot. I agree with him. Ill just put my home theater down there.

We decided that the best idea for the kitchen is to take the dimensions and go to home depot. They will take the dimension and render my drawings of the designs that I come up with or they can do it for you. I think this will save a lot of time, plus I wont have to pay for custom cabinets. They will all be stock cabinets. And after removing one of my base cabinets. I don't it would be that hard to put new ones up myself. Few screws and your done. Oh and a nice level. That way things are square. All the appliances will be stainless to match the fridge.

We moved on to the living/dining room. Going to go with lighter paints. While the sun room connected to the dining room can go a couple shades darker since it has so much natural light. The trim will stay white. Going to replace the lighting in the dining room with a nice ceiling fan that has built in lighting. Since the room is so big and has vaulted ceilings, this will help with ventilation.

Then comes the bathrooms. The two bathrooms are connected by a bathtub. Its also know as a hollywood bath. Not sure who came up with that name. The guest part of the bathroom will be painted. A new faucet and vanity will be installed. Toilet will stay. Just clean it up and put a new seat on it. The master part of the bath will need a new mirror. New faucet and vanity also needed. Huge mirror to go across the vanity. Both will need tile and trim. Now the center part (the actual bath). This room is going to be converted to a giant shower room with two heads and seating area. I think this will be huge selling point. My Realtor thought the same thing. And this was my idea. I felt great about that.

Still trying to get some photos together. Just so you know I am talking about a real home and not a fictional one.

I know most people think that I am crazy but I really enjoy my movies. I want that true theater experience. This has brought to building my own IMAX quality home theater. This is not cheap to do. Im only a fraction of the way through the process.

Im building a 7.2 IMAX surround. Right now the only part I have complete is the .2, which is the stero sub sonic frequencies. AKA sub-woofers. I have two custom built boxes. Each is 11+ cfs. Each one houses a CV 18" 4DVC Stroker. They are being powered by a QSC Powerlight 236 (3600w RMS). So my bass end is killer.

I only use pro grade equipment that I purchase off ebay. I get more DB for my money that way.
I am still working out what surrounds to use. Right now the system is just ran in stereo. I have a pair of Yamaha NS-10S's as my left and right. I need to switch these out soon before I damage them. They are very hard to replace parts. They are meant for my home studio.

One of these days I will get around to taking pictures of everything like I said I would in numerous other blog post. That way you will have a better sense of what I am doing.

I went out last night to purchase a fridge. I am so glad I didnt. I can home and measured the two entrances to my kitchen. Both have a width of 31". Im really contemplating tearing down one section of the wall so I can fit the refrigerator that I want. I plan on take the wall down anyway. Just wasnt planning on doing it so soon.
My one worry is that if the wall goes down. Then I must do some additional work right away. Notably the floor. I either have to tile or cover it with something. I just dont want to do something stupid.

At the same time I can save myself all the frustration just by buying a small fridge. Then I just have to hope it has enough room on the inside.

After looking over the counter space. It doesnt look like it will take much to remove the counter. This will give me the clearance I need to install the fridge I want. Plus this fridge with doors off will come in at 29 3/4" inch. This will allow me to get through my kitchen doors.

Oh and I am choosing Samsung. They are going to give me over $625 off the fridge. I am going to get RF266AERS. Its stainless steel and has every feature that I wanted. I think its a good purchase.

I really with I could go with someone else. The problem is that they have a good product and the price is not that bad as long as you stay within a contract with them. Month to Month, they are to expensive. Now you are thinking, "But you say all these good things about them." Its call customer service. They have let me down every time.

My current complaint with them is that they want to charge me to transfer my service. Its not much. $19.99 to move me. The cost does not matter to me. Its the fact that they do not need to do anything. I can plug the modem in myself. I know the house previously had Time Warner cable. If it never did then I could understand about them coming out.

They were first suppose to coming out on the day that I moved. Problem was that I called the day before. I specifically asked about them calling me before they head out. I was told that I would be called 30 minutes before they arrive. Saturday comes and they call me when they are waiting at my door. Problem is that I am still at my old apartment moving. They would only wait 10 minutes. They would not wait 15 minutes. I was furious at this point. I asked to register a complaint. They transferred me to customer service. They were not help. They didnt even care about what happened. They just told me that the other person must have told me wrong. The kicker was that they didnt even register me as calling. So they didnt even believe me. I asked for a fax number so I could send them my call history. They shut up a little bit about that but still pressed that I was told wrong.

I then asked to speak with the cancelation department. Now Im finally presented with a person that cares that I am a customer. They are actually trying to fix the problem and make me happy. I told them all I want is my service transferred and for it to not cost me anything. They said they would waive the transfer fee. I said fine. Book me an appointment.

Appointment was made for monday. It came and went and it was installed. Now it stops working tuesday night. They cant get out to see me until friday after 5. I'm livid. Now I am trying to get discounted those days of service. Still have not found that resolution but I will not give up.

Sounds easy but it is not. I just moved in and I'm already having to buy stuff. Blinds (Both verticle and horizantal), Refrigerator, Washer, Dryer, Mop, Broom, vacuum, and crap I dont even know about yet. I know these are all one time purchases but it still adds up.

All these things will make it feel more me. It will be my expression in visual form. Hopefully it looks good. I still plan on taking some before photos. That way I can get them up here to everyone can see them. Im waiting for my cable internet to get fixed again. Its not working. Not very pleased about that.

One thing that I struggle with when it comes to buying things is that I want to make sure that I am buying the best. I want to know it will last me. I dont want to see something die over the next couple years when Im doing my renovating. This is also the reason why I am getting extended warranty on a couple items. Namely the fridge, washer, and dryer. Those are my only real big expenses. The other big expense has been the blinds. Two inch blinds are not cheap. Blew me away when I went to home depot to look at them. Cheapest one was $32.00 USD and of Course I needed the $38.00 USD and above. I went with the white ones. I want my place to have a bright interior and I felt the wood color would have been to much. Plus with wood floors. I think it would have been to much.

Tonight is the night that I am going to get a refrigerator. It looks like its going to be a GE unless something extrodenary happeneds. Honestly I will only buy it I feel its the right decision. I want to know I will be happy with it. Its the most expensive purchase I have planned in the next 12 months. I will either edit this post or make another post of what I decide on tonight.

I plan on going to Nebraska Furniture Mart. I'll bring my phone with me so I can search the local stores (Best Buy, Home Depot, Lowes). Nebraska Furniture Mart will be any local stores price by 10%. Thats a win win for me.

Working on getting the apartment whipped back into shape. It really wont take much as I was a good tenant. Its still more work that I thought it was going to be. Need to scrub down pretty much everything, vacuum the floors, clean the bathrooms, and anything else that might look dirty. If they ding me for the leak in the ceiling and it ruining the floor I will be pissed. They have known about the leak for over a month and have chosen to do nothing about it since I was moving out. I have had a bucket catching the water while I was there but after leaving it has had nothing to catch it.

I got to spend the entire weekend in my new home. It was very cereale. Everything I looked at or touched was mine. I no longer had to worry about someone else saying I cant do something (at least with the inside of the house, HOA controls some aspects of the outside). Overall I was very happy.

Most of my stuff is still in boxes. Most of it will stay that way until I finish painting. I will be setting up time with my realtor to go over ideas for the house. That way I don't make any mistakes that could hurt the resale of the house. I know one thing he is really going to try and talk me out of, that's the removal of the popcorn ceiling. I hate it. I want to scrape it down. I know its a personal thing and I know it wont bring any more value to the house. I just hate looking at it.

Another item I think he is going to shoot down is changing all the wall outlets to the GFCI and using new oil rubbed bronze face plates. Including all wall plates (light switch, ect) with the same kind. I think that would give a very nice finished look to the walls after painting everything. If I do all that then ill replace the door handles and bathroom fixers with matching finishes. I think it would be a good selling point. But I don't know.

I know he really wants me to renovate the kitchen and I agree entirely. That project will have to wait though. My first bid for it came in around 12k. I think ill end up doing it myself. Do it in sections. I also plan to get a home equity line of credit. A HELOC is basically a credit card that is equal to a percentage of the equity in your home. Since I bought a foreclosure, I have about 30k in instant equity. So I will have a good limit to work with. You also get a fixed rate with them. Low 5-6%. Beats a 22% APR any day of the week.

I manage to pay off all my credit cards before I purchased my home. Dave Ramsey showed me the way. Double up on the smallest and when that one is paid off, take what you were paying on it and apply it to another one. Keep compounding until everything is payed off. Im currently working on my car and student loan. I was hoping to get my car paid off before I found a house. But I know I got a good deal and it will be worth it in the long run.

Today is moving day. It reminds me of the character from Fallout. He is finally venturing out into the Wasteland (fallout fan here). In my case, im going into home ownership and all the responsibilities that it brings.

Looks like all but one person will make it this morning. Not to shabby I think. Three guys can get this done. Its only a two bedroom apartment with very little furniture and the drive is not that far at all.

To give you an idea of what I have to move.

Big items:
Queen Bed
King Bed
King Bed Rails
Chester Drawers
Coffee Table
Dining Room Table
Dining Room Chairs
One Area Rug
Home Theater Subs (Pictures soon)

Getting rid of:
Dresser
Couch (Possibly)
Computer Desk

And of course plenty of boxes. I was able to get everything packed Friday night. I want today to go as smooth and painless as possible. The pain being the two flights of stairs from my apartment.

So as you can see. I really don't own that much stuff. If we get done in three hours, that would be awesome. The only way that would not happens is if we hit the beer a little to hard. With this crowd I wouldn't be surprised either. Good news is that I will have a box truck with a lift gate for two 30 packs. That's a deal that would be pretty hard to beat.

I think once we get everything moved. I'll order some pizza for everyone. That the least that I could do for helping me out. Pizza and Beer. I think that would make for a good afternoon. Plus my lender said it would be a good idea to make pizza my first meal in the home. She said it would be the best pizza I ever eat, since I will be eating it in my own home. I think she will be right. I'll even splurge and get some from the local pizza shop that is awesome.

I'll spend most of the night unpacking. Hopefully no one plans to have a party at my house. My friend had the idea of throwing one to break in the neighbors, Not the house. That thought scared me. Don't want to piss off the neighbors to soon. Im already worried that my home theater will be to loud (slowly building an IMAX audio experience). I'll do something after I finish painting. That's all I really want to do right away with the house.

Hopefully Sunday I can just relax and enjoy the day. I will need to go out and pick out a fridge. Ugh. I hate spending money. It was hard enough handing over the down payment Thursday.

When I first moved out and into my first apartment. I had a lot to learn but utilities wasn't one of them. All of my utilities was included in my rent. It was pretty awesome to only have to worry about one bill every month. Not to long after that I started renting a home. It included utilities and internet to boot. It wasn't until I moved back to an apartment that I finally had to spend money on a utility. It was electricity.

My first couple bills were over $120 USD. That caught me off guard. Some error must have occurred in accounting. Sadly no. I quickly learned to buy efficient bulbs and how to turn off lights and electronics. They did offer me what they call average billing. Doing research into that show that its a total rip off. DON'T do it. You will pay more for your electric.

Now on ward to today. I had to call Gas and Water to start new utilities with them. Electricity just needed a form filled out with the Date of the move. By far the easiest of the three.

After calling up the Gas company. I was floored on how rude the person was to me. It was like I was inconveniencing him. Plus they wanted to charge me a deposit unless I could provide a reference or do auto draft of my bill. I chose the auto draft because I didn't want to deal with getting a reference from someone. I have a feeling I will not like the gas company. If need be the only thing in the house that uses gas is the water heater. I'll go electric even if it cost more.

Now comes the Water company...

What a gem! They were so awesome to deal with over the phone. I even mentioned how displeased I was with the Gas company. I gave her several compliments. If you treat people right, good things will happen.

I also took the time to get my Internet transferred to the new address. They are charging me a transfer fee. I think that is a bunch of bull. I don't even need someone to come out. I can do it myself. They said they have to do something. Im going to watch this guy and see what he does. If he doesn't do anything, Im calling to complain.

Also updated the address on my Netflix. That was by far the easiest. I didn't have to talk to anybody.

There we go. I now have three utilities transferred or started in my name. Owning a house just got that more expensive. Im sure I will have more month bills soon enough.

I woke up today stairing at the ceiling of my apartment. Got up and went to the bathroom. As I was brushing my teeth it hit. Tomorrow i'll be moving into my new home. A house that I can call mine. I just kind of paused in the mirror thinking about that. Today is a good day.

Finished eating breakfast and started looking around the apartment. I still have some packing that I need to get done before Saturday. I have my buddies coming over to help me move and one is bringing a box truck.

When I first planned on moving. I called up my buddy and told him how I was renting a truck. Told him if I can get three people together, the move could be done in 2 hours (I dont have much). He asked how much the truck was. Its $45+Miles if less than 3 hours or 69+Miles if it takes longer. It was a long silence. "Hello?" I said. "Yeah...Tell you what..Buy me a 30 pack and i'll borrow the 16 foot box truck from work." Now thats a deal. Also a good friend. What he doesnt know is that I picked up two 30 packs. He did have one stipulation. "Have your stuff packed. Were movers, not packers."

I will spend most of the night making sure I have everything packed. I will also mark what I plan to throw away. No reason to pack what you dont need or want anyway.

I know work today will feel very long. All I will be thinking about is my home. I want to get settled in as soon as possible. I still need to meet my neigbors. Hopefully they are cool.

I also have to take time this weekend to figure out what I am going to do about a refrigerator. Thanks for all the recommendations. I will let you all know what I choose.

I have access to my fridge at the apartment tell the end of the month. After that I will be done with it and them. Which also reminds me. I need to get this place spotless so I can get my deposit back from them. They better not screw me on something either. I could use that money towards appliances.

I cant sleep. Today is the day I go see the Lender and the Title company. I must admit, I did not sleep well last night. I will be taking on an enormous amount of debt. Luckily my Realtor will also be there. He was been awesome through this entire process. He has helped me in so many ways. Always there to guide me and make the right decision.

I really don't know what to expect. All I know is that I will be signing A LOT of papers. Each of them protecting the Lender. I think about two are in my favor. Of course I know loop holes are built into them so the lender can still screw me. Of course, that's only if I default and go into foreclosure. Which I don't plan on doing. Knock on wood nothing happens. I see this as being a very sound investment. Im buying about 30k under the appraised value and if the market turns for the better I will see that number go up even more.

I plan to be in the house a minimum of two years. I will only sell for 40k profit after all selling expenses. After that the process will start all over again but with a bigger cushion to rehab the house with. Possibly even flip the home if the price is right.

The other option is to rent the home. That's something I have a lot to learn about. Probably wont even focus on it much for at least a year.

Back to what's at hand. Closing. I still need to go to the bank and get a cashiers check (yes, I don't have a checkbook. what's the point? That's what a debit card is for.). After that I will be making the trip this afternoon.

Heart is racing. What a day.

My Realtor has been really awesome to me. The biggest thing that he has done for me, was finally getting me to view the home as an investment. I was way to personal when I was first going into these homes. He showed me how to look at the house from a different perspective. Once I had the mindset of a business and not of my dream home. I was finally able to decide.

Another thing that he taught me was the "spread". This is just what it sounds like. Just like placing bets in a game. You look at the spread. Take the price of the foreclosure minus the appraised value minus and home improvements. What is left is the spread. This is what you have the potential to make when you go to sell the house.

My goal was to have at least a 20k spread. I can up with that number because I want to sell any house I buy in two years. I want to make about 10k a year sitting in the house. This is actually hard to do. But in a foreclosed house, you can have instant equity because you are buying it way under value. Some people also call this flipping. I dont consider it flipping because flipping is usually done much quicker. Sometimes within a couple months.

But sitting in the house for two years also has one very unique benefit. Any profit that I make off the house is Tax Free. Thats one thing I government has done right. If I sell before the 24 month mark. I owe taxes on all off the profit. That could get into the thousands really quick.

This is why flipping is such a fast paced job. They want to get there money back as soon as possible. The longer they are in the house. The less money they will make. Because there cashflow is tied up in a property.

I have spent a long time looking at appliances. My first thought was to buy all new appliances. Get it all done in one fell swoop. I quickly decided that this would be a bad move. I would lose most of my savings doing this and probably charge of a credit card or two. Dave Ramsey would not be happy. This time I will listen to him.

I plan to only buy a refrigerator, washer, and dryer. I will pay cash for the washer and dryer and charge the fridge on a zero interest card or take advantage a zero interest promotion that the store is putting on. I will just make sure that I pay it off before the interest kicks in. I call this free money. Just dont miss a payment or make one late. They make you pay all of the back interest.

The refrigerator will be a stainless french door. Either a GE, Whirlpool, Maytag, or LG. Im leaning towards GE and Maytag.

I do have one issue with Maytag. Ive been told that they have changed over the past couple years. Apparently they have closed down a lot of US factories and have moved overseas. So the quality may have gone down.

I like the looks of most of the GE refrigerators. They are a little more expensive but I think its worth it. The model is GFSS6KEXSS. The reviews have been really good. Plus it has 25 cu. ft. of space. A nice size fridge in my book.

The Maytag model that I am looking at is MFD2562VEM. I could not find any reviews on it but most of my friends have said that Maytag is a good brand.

I have not settled on any LG or Whirlpool models. I am still looking. As of yet I still have not made a definate choice on what model I want to purchase.