• About
  • Advertise
  • Privacy & Policy
  • Contact
Wednesday, October 4, 2023
Earth-News
  • Home
  • Business
  • Entertainment
    Sophia Loren Shares Her Wedding Regret After Meeting Her Husband at 16

    Sophia Loren Shares Her Wedding Regret After Meeting Her Husband at 16

    I Refused to Share My Jacket and Shoes With My Girlfriend and She Is Mad at Me Now

    I Refused to Share My Jacket and Shoes With My Girlfriend and She Is Mad at Me Now

    “We’re Both Married to Other People,” Jessica Chastain Addresses Controversy Over Her Friendship With Oscar Isaac

    “We’re Both Married to Other People,” Jessica Chastain Addresses Controversy Over Her Friendship With Oscar Isaac

    15 People Who Turned Their Scars Into Beautiful Tattoos, Thanks to This Vietnamese Artist

    15 People Who Turned Their Scars Into Beautiful Tattoos, Thanks to This Vietnamese Artist

    Women Reveal the “Girlfriend Effect” That Leaves Their Boyfriends “Unrecognizable” and People Have Mixed Feelings

    Women Reveal the “Girlfriend Effect” That Leaves Their Boyfriends “Unrecognizable” and People Have Mixed Feelings

    Supreme Court Officially Decides Against Reviewing Nearly Decade-Old Wolfgang’s Vault Case

    Supreme Court Officially Decides Against Reviewing Nearly Decade-Old Wolfgang’s Vault Case

  • General
  • Health
  • News
    Holness, Golding continue to lose favour with Jamaicans

    Holness, Golding continue to lose favour with Jamaicans

    PM to indicate gov’t position on CCJ as Jamaica’s final appellate court

    PM to indicate gov’t position on CCJ as Jamaica’s final appellate court

    Brown Burke condemns recent murders of women, children

    Brown Burke condemns recent murders of women, children

    Health Ministry allocates more than $300m for dengue mitigation efforts

    Health Ministry allocates more than $300m for dengue mitigation efforts

    One Don Gang trial ends as sentences handed down for all 15 convicts

    One Don Gang trial ends as sentences handed down for all 15 convicts

    Jamaicans Brett, Williams on target in USL

    Jamaicans Brett, Williams on target in USL

    Trending Tags

    • Trump Inauguration
    • United Stated
    • White House
    • Market Stories
    • Election Results
  • Science
  • Sports
  • Tech
    Starlink is offering users in Nigeria a 20% discount as it looks to expand reach

    Starlink is offering users in Nigeria a 20% discount as it looks to expand reach

    Stitch announces $25 million Series A extension to expand enterprise payments product

    Stitch announces $25 million Series A extension to expand enterprise payments product

    Exclusive: Paystack expands further into offline payments as Nigeria’s POS volume surges

    Exclusive: Paystack expands further into offline payments as Nigeria’s POS volume surges

    Five key attributes of innovative startups

    Five key attributes of innovative startups

    WhatsApp hacks are back, and they’re sneakier than before

    WhatsApp hacks are back, and they’re sneakier than before

    X (aka Twitter) used to be great for customer service. Here’s where to go now

    X (aka Twitter) used to be great for customer service. Here’s where to go now

    Trending Tags

    • Nintendo Switch
    • CES 2017
    • Playstation 4 Pro
    • Mark Zuckerberg
No Result
View All Result
  • Home
  • Business
  • Entertainment
    Sophia Loren Shares Her Wedding Regret After Meeting Her Husband at 16

    Sophia Loren Shares Her Wedding Regret After Meeting Her Husband at 16

    I Refused to Share My Jacket and Shoes With My Girlfriend and She Is Mad at Me Now

    I Refused to Share My Jacket and Shoes With My Girlfriend and She Is Mad at Me Now

    “We’re Both Married to Other People,” Jessica Chastain Addresses Controversy Over Her Friendship With Oscar Isaac

    “We’re Both Married to Other People,” Jessica Chastain Addresses Controversy Over Her Friendship With Oscar Isaac

    15 People Who Turned Their Scars Into Beautiful Tattoos, Thanks to This Vietnamese Artist

    15 People Who Turned Their Scars Into Beautiful Tattoos, Thanks to This Vietnamese Artist

    Women Reveal the “Girlfriend Effect” That Leaves Their Boyfriends “Unrecognizable” and People Have Mixed Feelings

    Women Reveal the “Girlfriend Effect” That Leaves Their Boyfriends “Unrecognizable” and People Have Mixed Feelings

    Supreme Court Officially Decides Against Reviewing Nearly Decade-Old Wolfgang’s Vault Case

    Supreme Court Officially Decides Against Reviewing Nearly Decade-Old Wolfgang’s Vault Case

  • General
  • Health
  • News
    Holness, Golding continue to lose favour with Jamaicans

    Holness, Golding continue to lose favour with Jamaicans

    PM to indicate gov’t position on CCJ as Jamaica’s final appellate court

    PM to indicate gov’t position on CCJ as Jamaica’s final appellate court

    Brown Burke condemns recent murders of women, children

    Brown Burke condemns recent murders of women, children

    Health Ministry allocates more than $300m for dengue mitigation efforts

    Health Ministry allocates more than $300m for dengue mitigation efforts

    One Don Gang trial ends as sentences handed down for all 15 convicts

    One Don Gang trial ends as sentences handed down for all 15 convicts

    Jamaicans Brett, Williams on target in USL

    Jamaicans Brett, Williams on target in USL

    Trending Tags

    • Trump Inauguration
    • United Stated
    • White House
    • Market Stories
    • Election Results
  • Science
  • Sports
  • Tech
    Starlink is offering users in Nigeria a 20% discount as it looks to expand reach

    Starlink is offering users in Nigeria a 20% discount as it looks to expand reach

    Stitch announces $25 million Series A extension to expand enterprise payments product

    Stitch announces $25 million Series A extension to expand enterprise payments product

    Exclusive: Paystack expands further into offline payments as Nigeria’s POS volume surges

    Exclusive: Paystack expands further into offline payments as Nigeria’s POS volume surges

    Five key attributes of innovative startups

    Five key attributes of innovative startups

    WhatsApp hacks are back, and they’re sneakier than before

    WhatsApp hacks are back, and they’re sneakier than before

    X (aka Twitter) used to be great for customer service. Here’s where to go now

    X (aka Twitter) used to be great for customer service. Here’s where to go now

    Trending Tags

    • Nintendo Switch
    • CES 2017
    • Playstation 4 Pro
    • Mark Zuckerberg
No Result
View All Result
Earth-News
No Result
View All Result
Home Business

I Bought a 4,000-Square Foot Church for $1 and Converted It Into a Home | Real Estate News & Insights | realtor.com®

August 8, 2023
in Business
I Bought a 4,000-Square Foot Church for $1 and Converted It Into a Home | Real Estate News & Insights | realtor.com®
Share on FacebookShare on Twitter

Thinking about buying a home, but not sure how to afford it? Welcome to the Down Payment Diaries, where real people spill about how they saved and splurged on their path to homeownership. 

The basics

Age: 34

Marital status: Married

Occupation: County treasurer and public finance consultant

Table of Contents

  • What was your home experience when you were growing up?
  • When did you start thinking about buying?
  • What were you looking for in a home?
  • Was this more of a project than you realized?
  • How much did you pay for the property itself?
  • How did you pay for the renovations?
  • Did you eventually convert to a more traditional home mortgage loan?
  • What is your favorite part of your home?
  • Do you have any regrets?

What was your home experience when you were growing up?

I grew up on a 150-acre farm with my family’s house in the middle. My grandmother, who has been a huge inspiration to me, lived five minutes away by car. She bought her first house at age 18 and fixed it up. That was the start of a long career of renovating houses.

When did you start thinking about buying?

I casually had been looking for homes when a local woman approached the town council where I work. She was a member of a church whose membership had dwindled to five constituents, and they didn’t have the funding to keep up with repairs. She asked if the town would be interested in accepting the church as a donation. The town said absolutely not; the consensus was it was too big of a liability.

She then reached out to my family and me, because she knew we had a history of restoring old homes and buildings. Initially, I said no. But the next morning, I drove past and said, “Why not?”

the home

What were you looking for in a home?

I had planned on buying a really affordable starter home that I could work on. I wanted a project.

Was this more of a project than you realized?

I knew most of what I was getting into. Before I committed, I knew it needed a new roof and new belltower. I also knew I was going to have to replace the foundation—a crack in the foundation ran the entire length of the church—but I didn’t realize that process would result in another hugely expensive repair.

For the new foundation, they had to jack the building up, remove the old foundation, reconstruct it, install French drains and then lower the building back down, ensuring it was level. Prior to that process, I could open all the windows; afterward, I couldn’t open several. That’s because the floor was now slanted, like in a theater, so that the openings for the windows no longer lined up with the windows themselves. From the back of the church to the front, the grade difference was 12 inches. We had to rip out and replace the entire floor, which cost an unanticipated $11,000.

the money

How much did you pay for the property itself?

The purchase price was $1, which is the minimum legal amount to transfer ownership.

How did you pay for the renovations?

I invested $75,000 out of pocket to get the home into solid, structural condition. I did this so that a lender would give me a construction loan to complete the rest of the work. What’s tricky about the church is that it didn’t have a kitchen, a bedroom or any of the typical rooms that make it compatible with home construction loans. Most banks said that the only way they could loan me money was through a commercial loan, offered at a higher interest rate. I didn’t want that. Luckily, I found a local bank that said I simply had to let them know my plans for where the kitchen and bedroom were going to be.

Did you eventually convert to a more traditional home mortgage loan?

Three years later, once the home was completed, that same bank let me convert to a traditional home mortgage.

What is your favorite part of your home?

I love just looking at the ceiling and reflecting back on what a crazy project the whole thing was. From the outside, my home very much looks like a church, but inside, it’s a very comfortable, spacious home. In some ways, you couldn’t tell that it was a church, although with the tall ceilings, it does have a very grand feel. I also love that this place has its original windows. I’m a preservationist at heart, so these things have meaning to me.

Do you have any regrets?

I never wanted a house this big, but I have it now. The only time I regret the size of the house is when I am mopping the oak floors. My two giant schnauzers shed a lot! But really, most of the time I just feel fortunate. I could never have built a house like this for what I paid, nor would my savings have been enough to buy a home of this size. I recognize, too, that the layout we chose wouldn’t suit everybody. If I ever sold the home, I would have to reconfigure the space to add a few more bedrooms. My wife and I don’t plan on having kids, so for us right now, this home is a perfect fit.

>>> Read full article>>>
Copyright for syndicated content belongs to the linked Source : Realtor.com – https://www.realtor.com/living/down-payment-diaries/clarington-oh-church-home-renovation/

Tags: boughtbusinessSquare
Previous Post

Australia’s Banking Industry Mulls Better Cross-Collaboration to Defeat Scam Epidemic

Next Post

Iconic Broadmoor Resurrects Its Favorite Traditions

Holness, Golding continue to lose favour with Jamaicans

Holness, Golding continue to lose favour with Jamaicans

October 4, 2023
PM to indicate gov’t position on CCJ as Jamaica’s final appellate court

PM to indicate gov’t position on CCJ as Jamaica’s final appellate court

October 4, 2023
Brown Burke condemns recent murders of women, children

Brown Burke condemns recent murders of women, children

October 4, 2023
Health Ministry allocates more than $300m for dengue mitigation efforts

Health Ministry allocates more than $300m for dengue mitigation efforts

October 4, 2023
One Don Gang trial ends as sentences handed down for all 15 convicts

One Don Gang trial ends as sentences handed down for all 15 convicts

October 4, 2023
Jamaicans Brett, Williams on target in USL

Jamaicans Brett, Williams on target in USL

October 4, 2023
Donaldson blames JFF for the GoFundMe saga

Donaldson blames JFF for the GoFundMe saga

October 4, 2023
Children hospitalised after eating ‘weed sweeties’

Children hospitalised after eating ‘weed sweeties’

October 4, 2023
Japan’s Top FX Diplomat Kanda: Any intervention would not target forex levels but volatility

Japan’s Top FX Diplomat Kanda: Any intervention would not target forex levels but volatility

October 4, 2023
Japan’s Matsuno: Will continue to take appropriate steps on FX

Japan’s Matsuno: Will continue to take appropriate steps on FX

October 4, 2023
Partenaires
afric.info
europ.info
usa-news
lesmeilleureschaussures.fr
goodsforyoutoday.com
looktopbeauty.com
keto-diet.biz
soccernews.info
nba-news.net
sportsprblog.com compar.biz
the-best.top
bestchoices.biz
expert-plus.fr
travel-mag.info
pksportsnews.com
news-sports.org

Categories

Archives

October 2023
M T W T F S S
 1
2345678
9101112131415
16171819202122
23242526272829
3031  
« Sep    
Earth-News.info

The Earth News is an independent English-language daily published Website from all around the World News

Browse by Category

  • Business (3,849)
  • Entertainment (3,951)
  • General (2,919)
  • Health (1,881)
  • News (4,456)
  • Science (3,037)
  • Sports (4,106)
  • Tech (2,987)

Recent News

Holness, Golding continue to lose favour with Jamaicans

Holness, Golding continue to lose favour with Jamaicans

October 4, 2023
PM to indicate gov’t position on CCJ as Jamaica’s final appellate court

PM to indicate gov’t position on CCJ as Jamaica’s final appellate court

October 4, 2023
  • About
  • Advertise
  • Privacy & Policy
  • Contact

© 2023 earth-news.info

No Result
View All Result

© 2023 earth-news.info

Go to mobile version

I Bought a 4,000-Square Foot Church for $1 and Converted It Into a Home | Real Estate News & Insights | realtor.com®- https://www.maquillages.info/   https://maquillages.org   https://www.deguisements-fetes.fr   https://maillots-de-bain-shop.com   https://www.le-noeud-papillon.com   https://www.jeepeg.fr   https://maillotde-bain.com   https://pushkarvisit.com   -/- According to Luke Fickell, Wisconsin is ‘all-in’ on NIL   Barbie film hits $1bn mark at global box office   Zhuhai Championships: Andy Murray loses to Aslan Karatsev in last 16   Breece Hall named Jets’ offensive X-factor for 2023   Soundking AK20 BA Amplificateur pour Basse   -*-$$DAKINE Split Roller Mallette ordinateur à roulettes, 21 cm, 110 L, Carbon   Veuve Clicquot – Coffret Retraite V.Clicquot Rose   Enceinte Mobile 700W Sono Active DJ KARAOKE 12″ Autonome Batterie à LED RVB + Micro VHF USB/SD/Bluetooth – LedWood Boostar1400   Volkswagen: IT-Störung bei Volkswagen behoben   Newcastle adds BetMGM UK to its bookmaker alliances   $$* Amalia   El Rancho Place d’Italie, Centre commercial Italie 2, place d’Italie 75013 Paris   I Bought a 4,000-Square Foot Church for $1 and Converted It Into a Home | Real Estate News & Insights | realtor.com® *I Bought a 4,000-Square Foot Church for $1 and Converted It Into a Home | Real Estate News & Insights | realtor.com®