YES!-We own a house

[Bren]

Finally, purchase of new property looks to have gone ahead....am 99% sure that this is where my wife and I will move to...

property is on Otaki, Kapiti Coast


About bloody time...we move in less than 2 weeks...

[Trudes]

Awesome!! Congrats!:niceone:

[chanceyy]

Awesome news Bren .. congratulations :D woo hoooo 2 weeks to go huh ..:wari:

[McJim]

Lucky you! We live in a house owned by a bank. We pay them "rent" at an exorbitant rate.

And even though we threw $100,000 into the purchase ourselves the bank still retains 100% of the title

I hate the mortgage system.

[Bren]

Lucky you! We live in a house owned by a bank. We pay them "rent" at an exorbitant rate.

And even though we threw $100,000 into the purchase ourselves the bank still retains 100% of the title

I hate the mortgage system.

Maybe I should rephrase that...bank owns majority share of house....and we will be paying through our teeth for the next 25 years

[NighthawkNZ]

Lucky you! We live in a house owned by a bank. We pay them "rent" at an exorbitant rate.

We don't own a house and live in an old inner city flat... :( :crazy:

[McJim]

Maybe I should rephrase that...bank owns majority share of house....and we will be paying through our teeth for the next 25 years

Seriously - congrats! I was just being a moaning faced old git (which I often do to get a rise out of people!) It is a nice feeling when you finally move into a house that's not rented. I'm looking forward to the day when I pay the last installment of the mortgage.:wari:

[Ixion]

Ah. Well, you won't have any time for riding your bike now, your wife is already working on a "little list" (it's a hormonal thing, all women do it).

I'll take care of it for you, wouldn't want it seizing up through disuse . Just mail me the keys and collection address.

[trustme]

Good for you , you are on the property ladder & that is what counts , at least you are not faced with 24% interest , wife & three kids at home like I had , bit over 20 years & a couple of houses later , the mortgage is gone & money in the bank .
IT ALL COMES GOOD IN THE END.

[nallac]

Ah. Well, you won't have any time for riding your bike now, your wife is already working on a "little list" (it's a hormonal thing, all women do it).

I'll take care of it for you, wouldn't want it seizing up through disuse . Just mail me the keys and collection address.


umm his missus comes with keys?








:Oops: you where talking about the bike.. silly me.

[carver]

good time to buy...
im waiting till next winter!

depending on the lending criteria

[Bren]

We sold our house in CHCH to buy in Otaki...We made money on the CHCH house...but not much, and still did not get what we wanted....but the other side of the coin is we got this house 30K less than it was first advertised at...

[riffer]

Ah. Well, you won't have any time for riding your bike now, your wife is already working on a "little list" (it's a hormonal thing, all women do it).

I'll take care of it for you, wouldn't want it seizing up through disuse . Just mail me the keys and collection address.

I'm sorry Les, I'm afraid your gargre is too full already. However, there's still room in mine and I'm only 60kms away in Upper Hutt. And my wife has given up on her list after 5 years of inaction.

My history in looking after KBers bikes is impeccable. Contact Frosty for references.

And congrats on the house and finally moving to the North Island Bren.

[ynot slow]

The joys of buying eh,you screw the vendor for a deal,meanwhile the purchaser screws you as well.
Ours is due for settlement next Friday,will look to buying in new year,scary to think prices to fall by 25%(if just bought say in Jan-Feb),we made money on purchase but should have made extra $10-15000,but with tenants the house wasn't presented as good as we had it.And the bloody agents say blah,blah will put it on at $$$,then after a while they say YOU may have to drop the price,wtf we asked you guys to place realistic figure.
Enjoy the shift will look forward to the meeting/piss up.

[sinfull]

Lucky you! We live in a house owned by a bank. We pay them "rent" at an exorbitant rate.

And even though we threw $100,000 into the purchase ourselves the bank still retains 100% of the title

I hate the mortgage system.
If the property market keeps going the way its going, i might let my son move back in, then lend him the coin to buy himself a place with a granny flat for me lol


Ah. Well, you won't have any time for riding your bike now, your wife is already working on a "little list" (it's a hormonal thing, all women do it).

. First on the list is to get her hating me coming round to tinker with his bike every day, so the argument of, i'll just ride round to sinfulls' sounds good !


Good for you , you are on the property ladder & that is what counts , at least you are not faced with 24% interest , wife & three kids at home like I had , bit over 20 years & a couple of houses later , the mortgage is gone & money in the bank .
IT ALL COMES GOOD IN THE END. For most ppl, just in time to buy their first mobility scoot !


We sold our house in CHCH to buy in Otaki...We made money on the CHCH house...but not much, and still did not get what we wanted....but the other side of the coin is we got this house 30K less than it was first advertised at...

On ya mate, sounds like yours went unconditional just in time aye ! I recon these ppl up here were keen to get ya monica on the paperwork pretty quick too ! (was only kidding bout the daily thing, but offers there if ya need it lol)

[The Lone Rider]

Whhooopp deee doooo. You own a house. Big deal. I own one to.

Nah.. good stuff Bren. Glad you are making the move and happy with what you got going!

If you are moving in two.. does that mean I get to have all your MGD? Or maybe you want to let me take you up on the offer and I'll help you drink them down.

Awww.. we will miss you.

I'll give you a photo of me holding a MGB so you can put it up in the new home. Memories... memoriessssss.... *sniff sniff*

[Nasty]

Congrats Redneck .. it sure is great to know where you are going when you get here!!

[HenryDorsetCase]

Lucky you! We live in a house owned by a bank. We pay them "rent" at an exorbitant rate.

And even though we threw $100,000 into the purchase ourselves the bank still retains 100% of the title

I hate the mortgage system.

not true. the bank has a security interest in the property sure, but you own it.

you never owe more than what you owe even if the banks priority figure is set at or near the house value. Of course your equity has taken a hit from falling prices in the last few months, while what you owe the bank hasnot changed that much (probably). Having said that if you have reasonable equity and no intention of selling, gain or loss in value is entirely notional and pointless. If you've been using your house as an ATM over the last couple of years, (and many have) then you will be sweating bullets.

Trust me, I do this shit for a living. ;)

[JimO]

i own a couple of houses at the moment, bought my first one when i was 19, have never rented, currently my 84 year old mother in law lives in the other house rent free, i could never understand why people pay a landlords mortgage when they could be paying their own

[Bren]

Bank has okayd it....Valuer has been in and is satisfied....all signed on the dotted line...It is now UNCONDITIONAL...that 99% is now 100%...

[HenryDorsetCase]

Bank has okayd it....Valuer has been in and is satisfied....all signed on the dotted line...It is now UNCONDITIONAL...that 99% is now 100%...

NOW you're talking!

good luck withit.

[1 Free Man]

Finally, purchase of new property looks to have gone ahead....am 99% sure that this is where my wife and I will move to...

property is on Otaki, Kapiti Coast


About bloody time...we move in less than 2 weeks...
All good Buddy .What part of the town,Railway, beach area are you in??
If you have rug rats Look at putting then in the Waitohu school up on the plateau.. Great little school I was a foundation pupil last century.LOL
Will you be there by Labour weekend???