Comments on: Sunday Money Roundup – It’s Raining Again Edition. http://www.mytwodollars.com/2008/07/27/sunday-money-roundup-its-raining-again-edition/ A place to discuss money...for the rest of us. Fri, 10 Feb 2012 05:21:23 +0000 hourly 1 http://wordpress.org/?v=3.3.1 By: Randall@Creditwithdrawalhttp://www.mytwodollars.com/2008/07/27/sunday-money-roundup-its-raining-again-edition/#comment-27911 Randall@Creditwithdrawal Sat, 02 Aug 2008 15:00:25 +0000 http://www.mytwodollars.com/?p=1583#comment-27911 Thanks for mentioning me, David. I liked that article quite a bit too. It surprised me how much was actually covered in Federal bank take-overs. Thanks for mentioning me, David. I liked that article quite a bit too. It surprised me how much was actually covered in Federal bank take-overs.

]]> By: DJhttp://www.mytwodollars.com/2008/07/27/sunday-money-roundup-its-raining-again-edition/#comment-27798 DJ Sun, 27 Jul 2008 20:49:53 +0000 http://www.mytwodollars.com/?p=1583#comment-27798 I would strongly recommend you take a couple of years to study the market in your new area before buying a home. It takes time to learn the neighborhoods, and in your case the surrounding small hamlets. There will be micro-climate differences, wide value differences, water rights issues which are huge there, construction differences that are unfamiliar, seasonal differences because of weather and the tourist industry which influence your new town. People coming from California have an inflated sense of pricing as you are coming from a wildly high market which can scew your sense of values. It's likely the housing market will be dramatically different from what you are accustomed, and it will probably change in the next few years from historical trends. Be patient and avoid getting into a house that won't be as a good a deal as you thought, or not be readily re-sellable when you are ready for something else. I have lived in the mountain west, and have seen this happen to those moving in from California many times. All of your wisdom in making a frugal move can be negated by being too hasty. Take the time to enjoy your new space and to discover all it has to offer. I would strongly recommend you take a couple of years to study the market in your new area before buying a home. It takes time to learn the neighborhoods, and in your case the surrounding small hamlets. There will be micro-climate differences, wide value differences, water rights issues which are huge there, construction differences that are unfamiliar, seasonal differences because of weather and the tourist industry which influence your new town. People coming from California have an inflated sense of pricing as you are coming from a wildly high market which can scew your sense of values. It’s likely the housing market will be dramatically different from what you are accustomed, and it will probably change in the next few years from historical trends. Be patient and avoid getting into a house that won’t be as a good a deal as you thought, or not be readily re-sellable when you are ready for something else. I have lived in the mountain west, and have seen this happen to those moving in from California many times. All of your wisdom in making a frugal move can be negated by being too hasty. Take the time to enjoy your new space and to discover all it has to offer.

]]> By: Frugal Dadhttp://www.mytwodollars.com/2008/07/27/sunday-money-roundup-its-raining-again-edition/#comment-27797 Frugal Dad Sun, 27 Jul 2008 20:35:09 +0000 http://www.mytwodollars.com/?p=1583#comment-27797 The weather reminds me of summer afternoons at Florida beaches. It rains every single day at 3:00pm--you could practically set your watch by it! As I've gotten older I've come to enjoy the rain. When I was a kid I thought it was a bummer because I couldn't play outside, but now I enjoy a good shower. Thanks for the link love, and for sharing some other great articles! The weather reminds me of summer afternoons at Florida beaches. It rains every single day at 3:00pm–you could practically set your watch by it! As I’ve gotten older I’ve come to enjoy the rain. When I was a kid I thought it was a bummer because I couldn’t play outside, but now I enjoy a good shower.

Thanks for the link love, and for sharing some other great articles!

]]> By: Kelly from Almost Frugalhttp://www.mytwodollars.com/2008/07/27/sunday-money-roundup-its-raining-again-edition/#comment-27796 Kelly from Almost Frugal Sun, 27 Jul 2008 20:18:04 +0000 http://www.mytwodollars.com/?p=1583#comment-27796 Thanks for the mention David! I really appreciate it. Thanks for the mention David! I really appreciate it.

]]>