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Thread: Dang is this hard!!!

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  1. #1
    Join Date
    Jun 2006
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    Default Re: Dang is this hard!!!

    Since it's really impossible to quantify recreational pleasure and it's worth to someone else later down the road about the only advice I would give would be not to secure recreational debt. In other words I wouldn't use my house as collateral to finance any recreational activity.

    Good of luck on your decision it's not an easy one,
    Jo
    24,000 Gal IG Pool ColorQuartz Premium
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    Filled 6/21/2006 Owner/Builder

  2. #2
    Join Date
    Jul 2006
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    Default Re: Dang is this hard!!!

    Quote Originally Posted by bradjo
    Since it's really impossible to quantify recreational pleasure and it's worth to someone else later down the road about the only advice I would give would be not to secure recreational debt. In other words I wouldn't use my house as collateral to finance any recreational activity.

    Good of luck on your decision it's not an easy one,
    Jo
    I think that hits the nail on the head. Based on the pricing we're getting, we would have to take at least a 20k home equity loan (along with the cash from the boat). Not to offend anyone, but we decided it's to much to spend at this point for something that will not provide any financial value in the future. I know. I know the boat doesn’t either but at this point its two years old and I can still get 80% of what we paid. Can't say that about a pool in two years. Thanks for everyone’s input and good luck. We will be pursuing some lake front property instead.

    Thanks again...

  3. #3
    Join Date
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    Default Re: Dang is this hard!!!

    If you think a pool is expensive wait 'til you see the price of lake front property.

  4. #4
    Join Date
    Jul 2006
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    Default Re: Dang is this hard!!!

    We already have checked into pricing and yes it is more expensive. The decision has never been about if we can afford it. Its about, is it worth it from all perspectives. The pool most definitely has a very high level of enjoyment. But I'm not sure we can enjoy it knowing we'll get nothing if we had to sell our house. The difference for us is that lake property is a true asset that will appreciate and be worth something if we ever have to sell.

  5. #5
    Join Date
    Jun 2006
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    Default Re: Dang is this hard!!!

    Of course, but if you're concerned with risk the lake house is off the charts compared to a pool. It will appreciate but you're not guaranteed to find a buyer asap if you need to dump it.

    We actually looked at the lake house before we decided to put in a pool. Our neighbors just sold one because their kids hated going there every weekend, and after thinking it over we decided our kids would probably get bored too since all their friends are right here in our neighborhood.

    Just a thought. Good luck with your decision.

  6. #6
    tonyl is offline Registered+ Thread Analyst tonyl 0
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    Default Re: Dang is this hard!!!

    Interesting thread, especially being an ex-boater and current ig pool owner.

    The thing about boats, the best TWO GOOD DAYS of boat ownership are the day you BUY it and the day you SELL it.

    Hope this helps, Tony

  7. #7
    Join Date
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    Default Re: Dang is this hard!!!

    I've owned two different boats over the last 8 years and the best days are when I'm on it. We love boating. Some of the best family memories we have are from boating trips.

    Sorry it didn't work out as well for you Tony. I hope I like my pool as much as you do, but I'm still at least a week away from completion.

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