how about 3.8Awith a liveable house$97a mo mortgag

[fnfredux]

link to e payment... (http://www.realtor.com/search/listingdetail.aspx?sby=1&pg=3&srcnt=53&sid=fa0942f b58b54ff0a8f53af38c15a468&fhcnt=4&loc=jefferson+ci ty,+mo&usrloc=jefferson+city,+mo&ml=5&mxp=30000&bd =3&typ=1F&fhpg=3&lid=1103052265&lsn=23)






[admin fixed link]

[jen_in_southtexas]

That sounds great. However i ran into something similar on realtor.com so i called the realtor listed because $58.00 a month sounded great for 1.77acres and with payments like that I could easily double the amount and apply towards the principal. Turns out that it was a cash deal because they didnt finance property under I think it was $50,000 and they were only asking $6,000. I know that doesnt sound like much but it is when you dont have $6,000 up front.

Always best to inquire. But if they will work with you with payments at $97.00 a month....I'd be all over it.

-j

[fnfredux]

That sounds great. *However i ran into something similar on realtor.com so i called the realtor listed because $58.00 a month sounded great for 1.77acres and with payments like that I could easily double the amount and apply towards the principal. *Turns out that it was a cash deal because they didnt finance property under I think it was $50,000 and they were only asking $6,000. *I know that doesnt sound like much but it is when you dont have $6,000 up front.

Always best to inquire. *But if they will work with you with payments at $97.00 a month....I'd be all over it. *

-j

Don't know jen, but it costs nothing to call/email and ask! It just might be that there is financing, of course you'd need 20-25% down.

[jen_in_southtexas]

fnfredux,

You're right. It costs nothing to inquire about it. Let me know how that worked out for you. I get excited about deals like that!

[fnfredux]

fnfredux,

You're right. *It costs nothing to inquire about it. *Let me know how that worked out for you. *I get excited about deals like that!

jen, I did my inquiring and buying twenty years ago. I bought a couple of houses along the way to finally building my "homestead". I'm here now and not moving til I get too creaky to climb all the stairs.
I just love to point these places out to folks who may never see them. I'd like to believe that just ONE person/family who really wants OUT into the country life will pick up on one of the listings and make it.
I had only a United Farm catalogue and telephone when I began my quest. Took quite a bit longer to finally get settled.

[jen_in_southtexas]

fnfredux,

I think pointing those places out to people is a good idea. Thank you for sharing them.

-j

[LeatherneckPA]

fred, I get such a kick out of your listings. Wish my DD had opportunities like that around here. THIS (http://www.rockinghorserealty.com/properties/10827.html) is about as close as I can find to something like that. And that area is really economically depressed.

The biggest problem I believe a person would have with something like that is finding work. It would require a complete shift in mental concepts that I just don't think today's younger generation are quite ready to make yet. what makes me say that? well, last week they came and asked us if they could "borrow" $1000 for Christmas. Never mind the $10k we've spent on their bills and car so far this year. DW FINALLY said no.

[fnfredux]

fred, I get such a kick out of your listings. *Wish my DD had opportunities like that around here. * THIS (http://www.rockinghorserealty.com/properties/10827.html) is about as close as I can find to something like that. *And that area is really economically depressed.

The biggest problem I believe a person would have with something like that is finding work. *It would require a complete shift in mental concepts that I just don't think today's younger generation are quite ready to make yet. *what makes me say that? *well, last week they came and asked us if they could "borrow" $1000 for Christmas. *Never mind the $10k we've spent on their bills and car so far this year. *DW FINALLY said no.

The house in my post is within 20 miles of Fort Lenoard Wood and a couple of good sized towns. One would have to check for employment opportunities to see what there was, but usually with a military base AND an interstae HWY nearby, there is work available.
Kids... well, the best thing for them is to say no. Standing on ones own feet is IMPORTANT. Someday you won't be there, they need to learn to live on their own. I don't overindulge mine, never did, they both meet all their bills and obligations, they know they MUST.
Yes, it IS better out our way, lots of opportunity as we don't have any "overpopulation" problems and militant senior/minority groups demanding GVT services. Back East, where I'm from, you couldn't PAY me to live back there. Too many RULES too much GVT.

[GoodDaughter]

Along the lines of this thread, I read the little article BHM posted on how to get a house in 2 years or whatever. I didn't really read it thoroughly because it seemed to be sort of an economics 101 article combined with how to buy a fixer-upper and improve it. I've been there and done that and am still living in it. I also have a mortgage for an acreage in north Texas, and it is $90/month. I signed the contract for this land back in late 1999. It is strictly a 30 year mortagage, and not a whole lot of that payment is going to principle yet, so I really need to pay more on the principle and get it paid down. That's what I did with my home here, the payment was approx. $300/month, and most months I would pay at least an extra $100 to $150 strictly toward priniciple, and a few times when I would get a bonus at Christmas, that would always be immediately mailed to pay strictly on the principle. That way the money wasn't burning a hole in my pocket. Paid this place off a 15 year loan in 9 years.

RE: young people today... I have to admit I have seen few who are willing to even think about buying a fixer-upper house on a junky piece of land and improve it. A lot of them seem to have no building or carpentry skills--well heck, neither did we! I just learned by doing. If I messed something up, I'd tear it apart and do it again until it turned out right. Got to be a pretty good handy-woman. I don't see that many young people today have the work ethic required to take on a task like that. Boy, when I was young and we got this place, I was SO excited and SO happy, because it was going to be 'our own home'. It was just horrible, it made the pictures of those houses in that article look like palaces compared to what we had. But I was just happy to have it. I started seeing the potential, what I wanted to do, which walls to move, porches to add, etc. I sometimes think instant gratification and an endless need to be entertained has robbed young people of the asset of the ability to see potential. They just go 'what a dump!' and want nothing more to do with it, while I would go "oh look at what you cold do here or there, and it's actually affordable'.

I sometimes wish I had some extra money to buy a fixer upper house in a very small town in another state and then just move there. There is something very fulfilling about doing over a home and making it into something nice.

As far as employment goes... I've been self employed in some fashion or another for the past 10+ years, and I think that getting a living can also be a self-sufficient thing. I am not 100% positive, but I bet I could make a living of some sort no matter where I was (barring interior Alaska or the middle of the desert of course).

[MYellowRose]

Fred I noticed the listing said the house had a "lagoon sewer". What on earth is that? It sounds worse than a septic tank. Is it what I'm used to hearing called a "cesspool" or do you know? Sounds kinda nasty to my way of thinking.

[shep]

I just drove by this place yesterday on my way to Columbia. Next time I have to go that way, I'll stop and check it out. There are some really nice places going out HWY 28.

A lagoon is basically a cesspool. They are usually pretty far away from the home and fenced. However, I heard that MO law changed and there is now a requirement to either be on a sewer system or have a septic tank. All for the better I say, although I've never known one to smell. I think it's due to the amount of waste going in compared to the size of the lagoon/amount of water, etc...

V/R,
Shep

[fnfredux]

* Fred I noticed the listing said the house had a "lagoon sewer". *What on earth is that? *It sounds worse than a septic tank. *Is it what I'm used to hearing called a "cesspool" or do you know? *Sounds kinda nasty to my way of thinking.
lagoons are common here. They are goodsized and go according to the projected water usage. They are AT least 100' in diameter(those I have seen) and there is a maintainance that must be done (not sure what, don't have one) but I know people who do. A properly maintained lagoon is NOTHING like a cesspool, which is justt a hole in the ground with a lid.

[fnfredux]

I just drove by this place yesterday on my way to Columbia. *Next time I have to go that way, I'll stop and check it out. *There are some really nice places going out HWY 28.

A lagoon is basically a cesspool. *They are usually pretty far away from the home and fenced. *However, I heard that MO law changed and there is now a requirement to either be on a sewer system or have a septic tank. *All for the better I say, although I've never known one to smell. I think it's due to the amount of waste going in compared to the size of the lagoon/amount of water, etc...

V/R,
Shep

Shep, it would be great to get some feedback on these places. Are you a native or a newbie here in MO?

[shep]

I moved here with the military about 5 years ago and retired. I have a little place just outside of town in what can best be called a "rural community/neighborhood", if you will. We all get along and help each other out...just had Christmas dinner with the folks across the road. I always make the brownies. It's my thing.

I have a 1.3 acre strip and am going to clear out all the underbrush on the back of my property to put some chickens.

There are some great deals around here. I was recently on a local site that had some interesting looking places nearby that I might check into just for fun. Google rollanet and check it out.

Later,
Shep