Buffy and the Mortgage adventure

Buffythedebtslayer

efes_shareholder said:

Welcome back 

so sorry to hear of the loss of your mum , if I recall we were both caring for our parents at a similar time , I hope you are keeping as well as you can in the circumstances 

When I lost my mum I also considered retaining my mums house and buying my sisters share but ultimately chose to start again , I think I was looking at it with sentimental attachment and making myself “ cash” poor asset rich with a house that required quite a lot of upgrading

im sure you will have considered all factors but in the end we sold up and I was able to buy a marginally smaller house that was move in ready and keep a good chunk of cash in the bank 

I’ve never regretted it 

it may eliminate the need for a lodger if consider the same , it was difficult to let go as the family home signified so much and held so many memories 

I forgot I could quote people! Hello Efes XXXXXXX Yes we were, I have thought about it as I will be asset rich and cash poor (sort of, there should be some money) as you say and need to stay in my job however I couldn't buy here at all with the money I would get and I would have to start again elsewhere for it to be of any use and I just cannot face that. I am tired. The house would need a lot of work either way and I can potentially sell later on if it doesn't work out.

 I would love to turn this house into my dream house. It is really hard. I hit barriers - clearing it has been hard, still a tonne to do,  work predictably grim and unsympathetic. I am lucky I have good friends. They have watched over me and kept me sane. Well reasonably sane! and my animals (mini Zoo) have given me a reason to get on with stuff. Before everything went so badly, I got Mum a puppy, some joy in our lives and this last year she has been my reason to get up, especially at the start. My older dog, we lost his brother in 2024, he hasn't been well, lots of vet visits and is on meds for arthritis and supplements for everything. He is so sad tho. He is only happy on a walk really. He does love the puppy, she has finally learnt to lick his ear like his brother did. I keep trying things but currently the fox activity in the garden is worrying him a lot. I can't do a lot about that! He is sat in the hall unable to relax. Oh. no he is here wanting to go out again or has finished his dinner. My cue to leave! 

Sarahwithlove

Hi buffy, welcome back! Im sorry to hear about your mum. How are you managing with your grief? Im glad you have a good support system around you 

I understand the temptation to start overpaying on the mortgage but can I suggest you wait for this first year. Learn to live within new budget, save some money up for expenses/repairs that will now be your responsibility. Then next year start making overpayments when you know where you stand and have done some of the more urgent jobs done and have a good amount of savings behind you. 

efes_shareholder

Buffythedebtslayer said:

efes_shareholder said:

Welcome back 

so sorry to hear of the loss of your mum , if I recall we were both caring for our parents at a similar time , I hope you are keeping as well as you can in the circumstances 

When I lost my mum I also considered retaining my mums house and buying my sisters share but ultimately chose to start again , I think I was looking at it with sentimental attachment and making myself “ cash” poor asset rich with a house that required quite a lot of upgrading

im sure you will have considered all factors but in the end we sold up and I was able to buy a marginally smaller house that was move in ready and keep a good chunk of cash in the bank 

I’ve never regretted it 

it may eliminate the need for a lodger if consider the same , it was difficult to let go as the family home signified so much and held so many memories 

I forgot I could quote people! Hello Efes XXXXXXX Yes we were, I have thought about it as I will be asset rich and cash poor (sort of, there should be some money) as you say and need to stay in my job however I couldn't buy here at all with the money I would get and I would have to start again elsewhere for it to be of any use and I just cannot face that. I am tired. The house would need a lot of work either way and I can potentially sell later on if it doesn't work out.

 I would love to turn this house into my dream house. It is really hard. I hit barriers - clearing it has been hard, still a tonne to do,  work predictably grim and unsympathetic. I am lucky I have good friends. They have watched over me and kept me sane. Well reasonably sane! and my animals (mini Zoo) have given me a reason to get on with stuff. Before everything went so badly, I got Mum a puppy, some joy in our lives and this last year she has been my reason to get up, especially at the start. My older dog, we lost his brother in 2024, he hasn't been well, lots of vet visits and is on meds for arthritis and supplements for everything. He is so sad tho. He is only happy on a walk really. He does love the puppy, she has finally learnt to lick his ear like his brother did. I keep trying things but currently the fox activity in the garden is worrying him a lot. I can't do a lot about that! He is sat in the hall unable to relax. Oh. no he is here wanting to go out again or has finished his dinner. My cue to leave! 

Yes as you say , turn it in to your dream home and put your stamp on it - there is always the option to sell should you decide.

i love my little space and love after all these years having my own space - i often wonder if id have made the renovations at mums work but i don’t think id have had the energy or the determination to see iit through.

i completely understand the tiredness and the task of clearing the house , if your making it your home though you can take your time and do it as you feel able.

having a mortgage and bills is somewhat scary but im sure you have worked out its likely in your circumstances to be cheaper then renting - im now able to make overpayments but its taken a while of looking at what i can comfortably spare

Four_Seasons

So pleased to see you back I lurked on your other diary. So to hear about your Mum x

Artyfarty86

Buffy- I think I remember you - did you live with your mum?  And have a few pets? I’ve also recently rejoined, under a new name, I think I was a silent reader of yours! Welcome back and I’m sorry to hear of your loss.

badmemory

Have you thought that some of the renovations being done as soon as affordable (rather than overpaying the mortgage) could bring the lodgers forward & give you more to overpay with.

Welcome back!!

katsu

Hi Buffy! Welcome back. @beanielou said you were OK.  So lovely to see you here and v best of luck in making the best home for you and your current life. I'm so happy to see you here. 

Honeysucklelou2

Hi Buffy,
So glad to “see” you again 😊. 

Sorry to hear of your loss. 

Rowan9

Hi Buffy, another one who has been on here for years and years so know your name. It’s good to see you back and I’ll be reading and cheering you on. 

Sorry for your loss. Through all this, remember to be kind to yourself x

OpalGirl

Welcome back Buffy, and condolences on the loss of your mum. Be gentle with yourself, there is no timeframe for dealing with loss and all that accompanies it. I was a lurker on your old diaries, look forward to following your journey - you have lots of supporters here 😊