Home Buyin/Maintenance Thread - Where most of us are 30ish but act 47. Oh, and fuck home inspectors

Discussion in 'The Mainboard' started by Swim Cantore, May 4, 2015.

  1. Russellin4885

    Russellin4885 Well-Known Member
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    Most experts would tell you even though this feels a bit like a bubble the dynamics are much different than 2008. Your real driving factor here is a good economy with tons of demand and due to lots of different reasons, a lack of supply. Last year the average credit score was upper 700’s for qualifying mortgages. I don’t see what slows this market down anytime soon.
     
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  2. Lyrtch

    Lyrtch My second favorite meat is hamburger
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    our ice maker works but the mechanism to get that ice to the door does not. just gave up on that and turned it off.

    going to replace the fridge in 12-24 months so it's fine, but I now understand why tons of even high end fridges now don't do crushed ice or have door ice dispensers.
     
  3. comrade static

    comrade static i love french fries
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    I agree, this definitely isn’t 2008. I think my dog could have qualified for a mortgage in 2008.

    I honestly don’t see this bubble getting popped for another year, maybe longer depending on what cost of materials does in that time frame.

    we are ready to build now but I’m not going to pay an extra $40-70k and have to sacrifice sq footage to build what we want. So we are going to hold off for another year or two and see what happens.

    builders surprisingly aren’t slowing down even though costs have significantly increased. I think a lot of that has to do with historically low interest rates, so people can qualify for a larger loan amount. Once rates get back into the 4s, that will change things a lot. Anyone’s guess as to when (not if) that happens though.
     
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  4. Willpépé

    Willpépé Miles of D.
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    Re: bubble. Pro tip, when we know it’s too late.
     
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  5. comrade static

    comrade static i love french fries
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    correct. Same can be said for a stock market bubble.

    as a real estate investor with single family homes, I would love another housing crisis so I can scoop up some houses at insane prices. For now, I’m just sitting on the sidelines. There have been a handful of houses I would have liked to buy but can’t make the numbers work at the current prices they are selling for.
     
  6. ned's head

    ned's head Well-Known Member
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    Shitty Samsung french door fridge checking in. I've already drawn a line in the sand that our next one won't have any external dispensers
     
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  7. a.tramp

    a.tramp Insubordinate and churlish
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    Ohhh fuck me sideways. Apparently I am demoing a patio that is on top of another patio.... Executive decision time. My landscaping is going over the older sub patio because I am not busting out 2 fucking slabs for this project.

    01329598-B34E-4544-A4CD-768915AFCA70.jpeg
     
    #28657 a.tramp, May 1, 2021
    Last edited: May 1, 2021
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  8. NoNatty

    NoNatty Keyboard Cowboy
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    in all fairness to Samsung, it’s not the external dispensers. It’s that they didn’t think to insulate the ice maker (from what I have been told my appliance people).
     
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  9. ned's head

    ned's head Well-Known Member
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    That's true... I was just equating the failure rates of anything with an external dispenser and Samsung shittiness
     
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  10. ned's head

    ned's head Well-Known Member
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    We countered with offering to do about $2k in repairs and knock $5k off the purchase price and they countered at $20k :roll:

    I never would have guessed walking away from a deal would be so satisfying
     
  11. Bruce Bowen

    Bruce Bowen Well-Known Member
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    Fuck em :warn:
     
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  12. infected donkey

    infected donkey Arkansas Razorbacks
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    Samsung fridge owner checking in with 0 problems. Now my old whirlpool....fuck that god damn piece of shit into oblivion. Took 2 pounds of tannerite to that bitch that was so gratifying.
     
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  13. EMAW FC

    EMAW FC Proud Smucker
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    Still need to put in stairs and railings but have the deck floor done. Going to fall asleep as soon as my head hits the pillow

    [​IMG]
     
  14. bigred77

    bigred77 Well-Known Member
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    Ohh fuck that shit

    What kind of landscaping are you doing?
     
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  15. a.tramp

    a.tramp Insubordinate and churlish
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    That area of the patio is becoming decomposed granite. I am putting a pony fence up there and separating the cooking stuff from the actual patio. Gotta start getting the back yard kid ready as our 10 month old is already pretty mobile.
     
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  16. NineteenNine

    NineteenNine Divers are, in fact, wankers. It's science.
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    We ended up bidding way over asking for the place we’re finally buying but the seller has been an absolute mensch. Before we even sent her the inspection report, she had all repairs done to questionable items and even had an exterior wall repaired that we weren’t even thinking of having her do (it has a rock facade that was only finished half way when we saw the house and she had it finished all the way up). I’m sure something will cock it up somewhere but been a pretty easy deal so far.
     
  17. Connor Norman

    Connor Norman Cool ass dog
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    She can afford it with all of that extra money you threw her way.
     
  18. NDfanPSUgrad

    NDfanPSUgrad Well-Known Member
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    Is there a sense that house prices are going to stay this high?
     
  19. comrade static

    comrade static i love french fries
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    as long as inventory and interest rates stay where they are at, absolutely.
     
  20. NDfanPSUgrad

    NDfanPSUgrad Well-Known Member
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    I guess that’s the bigger question. Is that 2 years or 10 years? I know that’s a crazy question but I’d have a hard time buying at top dollar.

    for reference I don’t live in a booming area and house turnover is not as significant but I could see more city people moving to areas like mine for cheaper house prices. Nearly $300k for a 2500 sq ft ranch with 3 car garage on 1 acre
     
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  21. texasraider

    texasraider thanks
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    should have power washed dick butt on it before demo imo
     
  22. NineteenNine

    NineteenNine Divers are, in fact, wankers. It's science.
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    Oh, for sure. She’s Scrooge McDucking it right now.
     
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  23. ned's head

    ned's head Well-Known Member
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    I have a bunch of projects that I need to prioritize and not forget. Any good apps for that, or do people just use spreadsheets?
     
  24. Tommy Jefferson

    Tommy Jefferson Well-Known Member
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    I use spreadsheets but you could look into Centriq. The app is awesome to track purchases, warranty info, and recalls. I just got a notification from them that my power washer was recalled and gave me directions to request a replacement.

    The biggest downside is the number of products is limited in the free version. If you do upgrade, it might be useful for future insurance claims.
     
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  25. Connor Norman

    Connor Norman Cool ass dog
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    Some before and after pics of my basement. Almost finished.
    3221F6E9-5486-4066-A76F-D84A31C340D6.jpeg 4475ADA0-F4DF-4C39-AF7B-F6ED9FAFA43E.jpeg
     
  26. Russellin4885

    Russellin4885 Well-Known Member
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    Looks awesome. What kind of flooring is that? Also, what did you do for insulation?
     
  27. Connor Norman

    Connor Norman Cool ass dog
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    The floor is vinyl planks. Thought it would be best for the basement in case there was some humidity or moisture.

    We used this for the insulation
    FF40AE82-0A57-40E5-A924-1FAF7DD537C1.jpeg
     
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  28. NoNatty

    NoNatty Keyboard Cowboy
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    Had the carpets cleaned at the new house this morning. Carpet cleaner calls me and tells me that there is barely any water pressure.

    This was an issue at inspection, and the old owner supposedly got a new water line installed and gave us a 5k bill. I called the people that did it, and apparently they didn’t do what was on the paper. They did a new water line but didn’t connect it to the pressure tank or do anything related to water pressure (this is our first time on a well).

    We’re supposed to move in tomorrow. I am less than happy right now.
     
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  29. Bruce Bowen

    Bruce Bowen Well-Known Member
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    About 10 weeks later and we are done
    upload_2021-5-3_14-49-32.png
    upload_2021-5-3_14-51-5.png
    upload_2021-5-3_14-51-50.png

    upload_2021-5-3_14-52-31.png
    upload_2021-5-3_14-52-42.png
    upload_2021-5-3_14-53-10.png
     
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  30. Funshot Residue

    Funshot Residue This is my avatar, Asshat
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    Surely there's some recourse for this? If it isn't connected to the pressure tank you are just using the well pump for pressure? What was on the invoice?
     
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  31. ned's head

    ned's head Well-Known Member
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  32. ned's head

    ned's head Well-Known Member
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    Btw Bruce Bowen did you go induction or electric on the range?
     
  33. NoNatty

    NoNatty Keyboard Cowboy
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    I assume so? Water still runs, it just slows to a drip after a few minutes.

    We were told by the selling agent he spent 5k fixing the water line when we were under contract. Our transaction person sent us the “bill” today and I called the place that did it. They said if you look at the small print it says it was just an estimate and they didn’t do the plumbing or something.

    all I know is I need to be able to shower.
     
  34. Duck70

    Duck70 Let's just do it and be legends, man
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  35. Bruce Bowen

    Bruce Bowen Well-Known Member
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    Electric
     
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  36. Connor Norman

    Connor Norman Cool ass dog
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    A couple more angles of the basement

    23ACF7B2-08D9-4C6F-B562-5E8B0316C070.jpeg 12D1AD98-034D-4AA1-86D9-FD6E91E6B514.jpeg
     
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  37. Open Carry

    Open Carry TMB Rib Master
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    Didn’t get the house I offered 4.5% over asking on. :bang:
     
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  38. Houndster

    Houndster $25 Standard Unit
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    That’s cause the bidding starts at 5% over ask these days
     
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  39. Boom TittyMilk

    Boom TittyMilk User Formerly known as Big R
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  40. Open Carry

    Open Carry TMB Rib Master
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    Who the hell has the cash or desire to cover that appraisal gap? I sure as hell don’t.
     
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  41. Boom TittyMilk

    Boom TittyMilk User Formerly known as Big R
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    Money isn’t real in the real estate game
     
  42. Houndster

    Houndster $25 Standard Unit
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    I rolled the dice and hope it appraised (and thankfully it did). I was in your spot 6 weeks ago
     
  43. Russellin4885

    Russellin4885 Well-Known Member
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    tell me about your mini split set up there. Mostly curious how many head units you did down there and if they are off one condenser unit with zones?
     
  44. Connor Norman

    Connor Norman Cool ass dog
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    Three heads on one unit. Each head controlled separately. It installed it myself. It was all very easy really. I had them come out on Saturday to test it to make sure it was all working properly and the technician was impressed that I did it myself, said I did a great job.

    this is what it looks like outside
    6BB6F999-3731-447A-84AE-6ADAF4BBE747.jpeg
     
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  45. Open Carry

    Open Carry TMB Rib Master
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    That’s a cleaner install than the some of the commercial mechanical contractors I work with. They’re also entirely incompetent, but still.
     
  46. PAHokie

    PAHokie Can't a bitch living say I bought her Michael Kors
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    The quality for someone invested in the project vs just doing the work can be drastic.
     
  47. Russellin4885

    Russellin4885 Well-Known Member
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    North Carolina State Wolfpack

    That's clean. What size unit did you go with? I posted about the sink hole house I might be getting but it has a full finished basement that I'll 100% would be doing some kind of mini split set up with. Like you, I'll be doing the install myself.
     
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  48. Willpépé

    Willpépé Miles of D.
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    Yard needs some work bro.
     
  49. Connor Norman

    Connor Norman Cool ass dog
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    It’s 1.5 ton
     
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  50. Connor Norman

    Connor Norman Cool ass dog
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    My HOA does all yard stuff, but yeah it isn’t great over there. That area gets no sun.
     
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