House Hunting

We looked at three open houses in Waterloo yesterday, as we’re thinking about upgrading from our little ranch to something a bit more spacious.

The first house we looked at had a lot of character, though it was really showing its age in places.  The somewhat-finished area in the basement had a sagging ceiling that was somewhat alarming, and the floors all squeaked loudly.  The upstairs bathroom and the kitchen had been remodeled, though, as the women said “by a man” as they’re somewhat ugly and don’t fit the house at all, so would need to be redone if you had taste…  The lot was small, so not a lot of grass to mow, and while it’s on perhaps the nicest street in town, the houses around it are very close and not anything grand…

The second house we looked at is actually on the same street, though farther down where it loses its boulevard status.  It’s friggin’ huge, a great sprawling ranch house.  The basement, though very dated, has a big bar in it, as well as a bedroom with egress window.  Upstairs there’s a nice four-season room, family room, and a huge living room.  It had a great entryway, and a very spacious kitchen as well.  You can tell this was a very very nice home when it was built in the 1950s, but a lot of the home still feels like that era, and not in a good way.  The brick work is very dated, including the triangle-styled cement block that probably was very cool back then, but just sticks out now…

The third house we looked at was also a monster, lots of space inside, with extremely high amounts of storage space.  Every single bedroom has a walk-in closet, some of them big enough to park a car inside.   Out back, there is a HUGE newish shed/workshop with almost 800 square feet of space alone, though it’s not currently heated or insulated.  There’s a big addition on the back with a long family room and a fireplace at the end, but it felt like it was sort of done cheaply, and you felt kind of isolated from the rest of the house while you were there.  There was a first-floor laundry, which was nice, but a lot of bathrooms in need of TLC, and basically every floor surface in the house needed to be redone.  The wood at the entry way was spongy underfoot, and what looks like tile in the photos actually seems to be the peel ‘n stick squares, used throughout the first floor…

We haven’t found anything we love yet, so the hunt continues!

Did he just say that?

In his answer to the first question last night, John McCain proposed that the United States bail out all the homeowners who are upside-down on their mortgages. I turned to Holly and said "Why the hell should the government bail out people who paid too much for their houses?!?!". While many of my Republican friends would like to dismiss me as some kind of raving Leftist lunatic (though I actually claim many positions, especially on economic issues, that are more libertarian) there's no way I'd ever support that. These people thought the house was worth that price when they agreed to buy it, the fact that the market disagreed with them at some point in the future is irrelevant. Should they have to pay more for their houses if they're in a market where the price exceeds the amount they owe on their mortgage? Of course not. You made a bad decision, and overpaid for your house. Tough. You thought it was a reasonable price at the time you signed the contract. The fact that you could have bought it for less later doesn't mean anyone owes you a damned thing, and I certainly don't owe you a cent of my tax dollars because you thought $500,000 was a reasonable price to pay for a 3 bedroom house. I paid $399 for my Xbox 360 3 years ago, now they sell for $299, where's my bailout? Or am I only entitled to it if I'm still paying interest on it? Only if the interest is tax-deductible maybe?

Matt Cooper (of Plamegate fame) has an article up today, entitled "McCain's Insane Mortgage Proposal". I couldn't agree more...