Knife-Catcher: Year Two Recap of Tim’s Home Purchase

With two full years of home ownership/debtorship now behind me as of today, it’s time to share some more highlights, stats, and thoughts from year two. First up, the financial highlights from the first two years: Initial Loan Amount: $179,950 Current Loan Amount: $160,700 Total Spent in Year One: $24,294 Principal Paid: $8,907 Interest Paid: […]

Knife-Catcher: Year One Recap of Tim’s Home Purchase

With a full year of home ownership/debtorship under my belt as of yesterday, I thought it would be fun to share a few highlights, stats, and thoughts from the first year. First up, the financial highlights: Initial Loan Amount: $179,950 Current Loan Amount: $171,043 Principal Paid: $8,907 Interest Paid: $8,357 Insurance Paid: $596 Property Tax […]

Best Housewarming Gift Ever

As if providing me excellent mortgage service through my homebuying process wasn’t enough, long-time Seattle Bubble friend Rhonda Porter recently dropped off a hand-made belated housewarming present for my family: Note the bubbles coming from the chimney of the house. So amazing. Thanks again, Rhonda! P.S. (If you’re new here, no, I am not a […]

Bubble Bloggers Buying Houses: Officially a Trend

New Jersey. Seattle. San Diego. Three outspoken bubble bloggers who started websites in 2004 and 2005 to tell the world not to buy a home during the biggest housing bubble in history, all finally buy homes in their respective markets within nine months of each other. I wouldn’t take it as an economic indicator of […]

What’s Your Interest in More Homeowner Topics?

In a recent comment thread a few readers expressed interest in occasional posts on some more homeowner-focused topics, including finishing the “knife catcher” series of posts I began back in June about my personal homebuying experience (yes, that’s my home pictured at right behind Crystal, the Seattle Bubble Mascot). Here are some of the potential […]

Knife-Catcher: The Tour, Offer, Tour Meat Grinder

[Note: This is part of an ongoing series on Tim’s personal homebuying experience.] I thought I would continue the Knife-Catcher series by focusing a little more on our specific home selection process. Here are the basic steps we went through when looking for a home: Look at listings online. Narrow list, tour homes. Either: Eliminated […]

Knife-Catcher: The Tim’s Short Sale Buying Experience

A number of people have expressed interest in hearing more about our process in successfully closing on a short sale. So, let’s just dive right in. In general we had been avoiding short sales like the plague, since we wanted to actually buy a home, not sit in a perpetual pending state for months waiting […]