BudgetHouse Renovator Series Introduction
A New Budgeted Lifestyle
I am currently on a life-changing journey that I hope will prove informative and interesting to those who have the fortitude to follow me on this trek. Recently moving out into the country, I suddenly find myself dealing with issues indigenous to a “frugal lifestyle.
Something that now dominates my life is the lack of extra spendable income. In the past, finagled all sorts of ways to create dollars and cover expenses. I was a General Contractor for most of my working years. That business took its toll on finances. Workman’s comp, federal and state taxes, license fees, equipment repairs, and other expenses were a burden. It is very difficult to be a self-employed entrepreneur and set money aside for retirement.
This is Part 1 in the BUDGETHOUSE RENOVATOR series that involves the search for, location of, and unique auction-style purchase of my home in the country. This article is the Introduction. The series includes dealing with a foreign based auction house and escrow to help facilitate this transaction. Also, I show how I worked with a mortgage broker programmed to process my “specialized” combination FHA 203k Program loan. This loan included funds to buy and also repair my house. Part 2 is the “Secret FHA 203k Program for Home Buying”.
I decided to wait until the age of 69 to start collecting on my Social Security. I found out quickly that I had to do a massive reset on my budget. At that time, I was living in an old apartment building. I brought it back from the dead back in 2003 in South Florida. It ran it’s course and I’d finally had enough. I wanted out of there and away from traffic, noise, and the high cost of a downtown lifestyle.
It was my desire to retire in a house away from the harshness of city life. I did not want to leave the state because I hate living in freezing environments. I desired to move somewhat further north away from where I had spent the last 6 years.
So this house-finding story is part of the new arena that I have entered. Looking for and finding my retirement home is the most challenging event I have ever faced. But for the grace of God, it would not have happened.
I had started to collect Social Security and was facing a tight monthly income. Buying my house seemed like an impossible task. That also goes for someone with more substantial resources than mine. But it got done and I want to share what I went through and what is happening now.
I am starting this series as a developing (and ongoing) story that will include many individual steps that I took. Steps to look for, find, purchase, and renovate my house. It would take the help of a special Federal Government program that few people know about.
This is my “Budgethouse” and I feel that it will be the last house I own and live in. It has been an incredible story. I hope you will join me in this still developing saga that, I believe, will continue to evolve.
I am requesting that my readers click on the links provided and download a sample read of each book and give a review on Amazon. You will have free access to the first four chapters of each book. My hope is that you will like the story lines enough to obtain either an eBook version or a paperback copy that you can put on your bookshelf when you are done.