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. Funshot Residue

    Funshot Residue Mammoth Stabber
    Donor

    Was out of town since Friday and am just catching up. While it sounds like you are on the right track, I am hesitant to give you much advice besides being overly cautious. We don't do much abatement work. The guys I have watched do it use water, respirators, and negative pressure ventilation. I wouldn't be scared to do it myself, but you are supposed to be trained/certified to perform that work. I would also wear disposable oversuit or plan on throwing away whatever I was wearing, shower immediately, and double bagging/tying all the debris.
    Be safe, especially if there are kids around.
     
    Baron, buffs, dump and 1 other person like this.
  2. prerecordedlive

    prerecordedlive Sworn Enemy of Standard Time
    Donor TMB OG
    Florida State SeminolesTampa Bay RaysOrlando CityWolverhampton WanderersBarAndGrill

    Got an interesting situation here.

    Been in my condo for 5 years. Bought it for $75k with $30k down. Banks wouldn’t approve me for a mortgage at the time so I got a 15 year secured loan at 3.1% with a family member’s 5 year CD as collateral.

    The CD matured and I don’t want family members’ financial vehicles guaranteeing my loan anymore since those interest rates are shit and they were doing me a huge favor at the time.

    Wife and I live humbly while she pays down her student loan debt. We owe about $32,500 right now with $300/mo loan payments on the condo.

    Same loan officer comes back with 2 offers for refinancing.

    1) HELOC @ 6.39% fixed for 10 years (no closing costs)
    Payments of $367.65; adds $5,888 in interest over the life of the loan
    2) Mortgage @ 5.50% for 10 years (~$750 closing costs)
    Payments of $361.26
    Adds $4,373 in interest and $750 closing costs over the life of the loan

    These are both fucking awful. I know we’re going to be limited in options with such a low balance but I’m not looking to double my rate. Any advice from you guys? Shop around? Bite the bullet on one of these? We’re looking to sell in about 16 months if that influences anyone’s advice.
     
  3. Louis Holth

    Louis Holth but we also just might be those motherfuckers
    Donor
    South Carolina GamecocksAtlanta BravesCarolina PanthersTottenham Hotspur

    I think the answer is always to shop around, but even if you got some of the better rates going, what’s that? 4ish%? If the rate is a holdup, then is paying it down early not an option with the student loan debt hovering?
     
  4. Arkadin

    Arkadin inefficiently efficent and unclearly clear
    Donor

    i doubt you're going to get a rate on that size of a loan that substantially impacts your payment. you might save like 20 bucks a month or something. if you're selling in 16 months the extra 320 bucks total would be nice but it's not huge
     
  5. prerecordedlive

    prerecordedlive Sworn Enemy of Standard Time
    Donor TMB OG
    Florida State SeminolesTampa Bay RaysOrlando CityWolverhampton WanderersBarAndGrill

    Weighted student loan rate is still worse than that until about 2020 so we’re putting any extra towards that.

    The HELOC option looks like it’s gonna leave me with more equity than any other option until at least 2021. Seems so fucking shitty to have 6.39% on paper but I guess it doesn’t really matter if we’re selling in the next 2 years. Think I’ve got my answer.
     
    thunderstruck likes this.
  6. Arkadin

    Arkadin inefficiently efficent and unclearly clear
    Donor

    Yeah. it doesn't really matter and you don't have to waste money out of pocket right now. can still shop obviously but if it's time sensitive that doesn't seem like all that bad of a deal (this is me assuming that you two are comfortable enough with the slight uptick on relatively low monthly payments)
     
  7. prerecordedlive

    prerecordedlive Sworn Enemy of Standard Time
    Donor TMB OG
    Florida State SeminolesTampa Bay RaysOrlando CityWolverhampton WanderersBarAndGrill

    $300 to $367 is pretty negligible. It’d bother me if I hung onto the property for more than 3 years as that’d add up. Changes my plan to make the property rental income, though. Oh well.
     
    Arkadin likes this.
  8. Rabid

    Rabid Fan of: DQ Treats
    Donor TMB OG
    Minnesota Golden Gophers

    Have you considered doing a larger mortgage and using the excess proceeds to pay down/off the student loan? I have no idea if that will help get you better rates but it may be worth at least asking that question.
     
    C A N E, EMAW FC, Doc Louis and 5 others like this.
  9. texasraider

    texasraider thanks
    Donor
    Texas RangersKansas City ChiefsDallas Mavericks altTexas Tech Red Raiders alt

    What are your student loan rates? You might consider a mortgage and then a HELOC to pay off the student loans.
     
    dump, dahldennsull and -Asshole- like this.
  10. texasraider

    texasraider thanks
    Donor
    Texas RangersKansas City ChiefsDallas Mavericks altTexas Tech Red Raiders alt

    smart minds think alike
     
    dump, -Asshole- and Rabid like this.
  11. NC Wolfpack

    NC Wolfpack Go Pack Go
    Donor
    North Carolina State WolfpackGreen Bay Packers

    I know this isnt the appropriate thread, but outside of creating a new one I thought this might be the best place to post.

    Looking at purchasing a new (used) car, but am not sure where to start in regards to an Auto loan (lender, length of loan, etc) My mortgage is through First Citizens, but I know there are other options out there that each have their own perks. Any advice or recommendations would be greatly appreciated. Credit score is 780+.
     
  12. texasraider

    texasraider thanks
    Donor
    Texas RangersKansas City ChiefsDallas Mavericks altTexas Tech Red Raiders alt

    Just finance it through the dealer. You’ll probably get a little better deal. Get a quote from your bank just to make sure the dealer doesn’t try to screw you
     
  13. a.tramp

    a.tramp Insubordinate and churlish
    Donor
    Kansas State WildcatsTexas Rangers

    Check a local credit union as well. A lot of them have great rates.
     
    Long Ball Larry and NC Wolfpack like this.
  14. Russellin4885

    Russellin4885 Well-Known Member
    Donor
    North Carolina State Wolfpack

    Go check out Coastal Federal Credit Union. Their rates were the lowest by far when I shopped around.
     
    NC Wolfpack likes this.
  15. gilstein21

    gilstein21 Tight Rip 26 Seal Right
    Donor
    Auburn TigersSt. Louis CardinalsGreen Bay PackersWyoming Cowboys

    My wife’s car was through first citizens. 1.79% setup by the dealer.
     
    High Cotton likes this.
  16. BigRed

    BigRed Well-Known Member
    South Carolina GamecocksLos Angeles DodgersLos Angeles LakersAtlanta FalconsMontreal Impact

    What is the best method or trap to capture and kill mice?

    Edit: going to try the glue paper traps.
     
    #13566 BigRed, Mar 21, 2018
    Last edited: Mar 21, 2018
  17. Celemo

    Celemo tell 'em Steve-Dave
    Donor
    Michigan WolverinesPortland Trail BlazersDetroit Tigers

    Phase 1 Replace roof and gutters: Complete
    Phase 2 Mudroom/Bathroom Addition: Prep is almost done, gotta remove some garage drywall this weekend
    Phase 3 Knock down wall and pantry: little apprehensive
    Phase 4 Replace all the flooring: lol my wife is nuts
     
    EMAW FC, phunkybuck, Baron and 8 others like this.
  18. NineteenNine

    NineteenNine Divers are, in fact, wankers. It's science.
    Donor
    ArsenalTiger WoodsSneakersDallas Mavericks altTexas Tech Red Raiders alt

    I have a trash ARM on my new house because of self-employed reasons. So I know your pain.
     
    a.tramp, texasraider and dump like this.
  19. texasraider

    texasraider thanks
    Donor
    Texas RangersKansas City ChiefsDallas Mavericks altTexas Tech Red Raiders alt

    this is a battle I'm fighting right now.

    Banks will solve the self employments issues of getting a mortgage sometime after we solve the cold fusion riddle
     
    a.tramp and bigred77 like this.
  20. NineteenNine

    NineteenNine Divers are, in fact, wankers. It's science.
    Donor
    ArsenalTiger WoodsSneakersDallas Mavericks altTexas Tech Red Raiders alt

    No joke. The shit they were counting against my income and what they were counting for it was maddening.
     
    texasraider likes this.
  21. texasraider

    texasraider thanks
    Donor
    Texas RangersKansas City ChiefsDallas Mavericks altTexas Tech Red Raiders alt

    My payment on the new house is marginally more than my current house. I make almost twice what I was making when I bought the original house 5 years ago.

    Somehow this is an issue despite 800+ credit scores and zero debt.
     
  22. NineteenNine

    NineteenNine Divers are, in fact, wankers. It's science.
    Donor
    ArsenalTiger WoodsSneakersDallas Mavericks altTexas Tech Red Raiders alt

    sounds about right.
     
    texasraider likes this.
  23. Louis Holth

    Louis Holth but we also just might be those motherfuckers
    Donor
    South Carolina GamecocksAtlanta BravesCarolina PanthersTottenham Hotspur

    Well I built me an 18x18 deck the past two weeks. Lots of room for activities on that bitch. Gotta add posts, rails and stairs and baby we got a stew going.

    Summer plans are to lay cement around it for entertaining area. I’ve never done that, but I figured that I’m fully capable of doing it. Thoughts?
     
    THF, EMAW FC, The Banks and 5 others like this.
  24. NineteenNine

    NineteenNine Divers are, in fact, wankers. It's science.
    Donor
    ArsenalTiger WoodsSneakersDallas Mavericks altTexas Tech Red Raiders alt

    Sounds like a lot of work. Good luck.
     
    Louis Holth and Duck70 like this.
  25. NDfanPSUgrad

    NDfanPSUgrad Well-Known Member
    Penn State Nittany LionsNotre Dame Fighting Irish

    Will be doing something similar in the next few week. Deck will be more like 30x13. What type of deck boards did you go with. We are contemplating a trex type vs natural wood. Also have no idea for rails at this point.
     
    bigred77 likes this.
  26. bigred77

    bigred77 Well-Known Member
    Donor
    Texas Tech Red RaidersTexas RangersSan Antonio SpursDallas CowboysKansas City ChiefsAustin FCTexas Tech Red Raiders alt


    Concrete?
    How much? Call your local concrete plant and get a price for how much you need from a truck. Then go to home depot and get some guys from out front and take them to your house to set it up and ask them to be back the next day when you have the concrete coming.
     
    High Cotton and Louis Holth like this.
  27. NDfanPSUgrad

    NDfanPSUgrad Well-Known Member
    Penn State Nittany LionsNotre Dame Fighting Irish

    As for concrete....make sure you pour it thick enough. Builders at our last house did only 4 inches. It cracked right in half as the land settled. They dicked me on it and tore it out but never paid me to replace it. My dad grew up doing masonry work and we more than doubled the size and did it right.
     
    Rabid likes this.
  28. lechnerd

    lechnerd They say Monaco is a sunny place for shady people
    Donor
    Texas AandM Aggies alt

    That’s obnoxious.
     
    dump, texasraider and Room 15 like this.
  29. DistantFactor

    DistantFactor Sesquipedalian
    Donor
    Oregon DucksPortland Trail Blazers

    I put in a trex deck a few years ago and wouldn’t consider real wood and all the annual staining tasks again. :two cents:
     
  30. bigred77

    bigred77 Well-Known Member
    Donor
    Texas Tech Red RaidersTexas RangersSan Antonio SpursDallas CowboysKansas City ChiefsAustin FCTexas Tech Red Raiders alt

    You poured an 8 inch slab for a house?
    :lol holy shit
    You realize concrete is only as strong as the reinforcement steel embedded in it?
    I have a 4 inch slab I park and drive a 20,000 pound motorhome and other trucks and trailers on and off of all the time and it has zero cracks
    Proper installation of the rear and proper placement of the concrete and proper mix of the concrete is all very important
     
  31. bigred77

    bigred77 Well-Known Member
    Donor
    Texas Tech Red RaidersTexas RangersSan Antonio SpursDallas CowboysKansas City ChiefsAustin FCTexas Tech Red Raiders alt

    Demo crew came today and removed my back deck.
    Really weird walking around back there and it not being there.
    Gotta live a few days without it, going in and out the front door with the dog and around to the back, but I hope the new one will be worth it
     
    Louis Holth likes this.
  32. Louis Holth

    Louis Holth but we also just might be those motherfuckers
    Donor
    South Carolina GamecocksAtlanta BravesCarolina PanthersTottenham Hotspur

    I did natural wood. Trex seems like it would have been 3-4 times the cost. I’m allocating money around for me to do a kitchen and master bathroom remodel in the next 12-18 mos
     
    NDfanPSUgrad and bigred77 like this.
  33. DistantFactor

    DistantFactor Sesquipedalian
    Donor
    Oregon DucksPortland Trail Blazers

    The deck boards aren’t that much more expensive. It’s the railing that is an absurd cost.

    If you choose trex and don’t have it now they will probably need to rebuild your substructure since the supports need to be no farther than 18” apart.
     
  34. bigred77

    bigred77 Well-Known Member
    Donor
    Texas Tech Red RaidersTexas RangersSan Antonio SpursDallas CowboysKansas City ChiefsAustin FCTexas Tech Red Raiders alt

    Wait, people put Trex on top of wood structure?
    That's dumb as hell
     
    Baron likes this.
  35. DistantFactor

    DistantFactor Sesquipedalian
    Donor
    Oregon DucksPortland Trail Blazers

    That’s pretty typical for a trex or composite deck construction. Using pressure treated wood as the substructure to support the Trex boards.
     
    dahldennsull and Wallcoq like this.
  36. The Banks

    The Banks TMB's Alaskan
    Donor TMB OG
    Oregon DucksGreen Bay PackersDetroit Red WingsBayern Munich

    Concrete is incredibly simple. Poured a 20x40' slab for my boss' hangar at his cabin and a 14x40' landing pad in front of it a couple falls ago.
     
    Louis Holth likes this.
  37. bigred77

    bigred77 Well-Known Member
    Donor
    Texas Tech Red RaidersTexas RangersSan Antonio SpursDallas CowboysKansas City ChiefsAustin FCTexas Tech Red Raiders alt

    It just undermines the entire reason for paying the extra for the trex
     
  38. The Banks

    The Banks TMB's Alaskan
    Donor TMB OG
    Oregon DucksGreen Bay PackersDetroit Red WingsBayern Munich

    Trex decking has a 25 year warranty. Pressure treated lumber typically lasts 35-40 years. A pressure treated wood base with trex on top is pretty standard.
     
  39. lechnerd

    lechnerd They say Monaco is a sunny place for shady people
    Donor
    Texas AandM Aggies alt

    I’m having PTSD with this discussion about under a deck.
     
  40. Louis Holth

    Louis Holth but we also just might be those motherfuckers
    Donor
    South Carolina GamecocksAtlanta BravesCarolina PanthersTottenham Hotspur

    Yea I’ll be doing some research on it soon to see if it’s something I want to tackle. Anybody know what it costs per sq yard roughly?
     
  41. NDfanPSUgrad

    NDfanPSUgrad Well-Known Member
    Penn State Nittany LionsNotre Dame Fighting Irish

    No. I don’t think the original 8’x8’ pad was even 4 inches. We definitely didn’t pour 8” but we did make the size of it under the deck around 20’ x 10’. I meant that we more than doubled the surface area.
     
  42. Dale Doback

    Dale Doback Well-Known Member
    Donor

    Anybody ever done of the closet systems like customs closets or ikea closets? We have a walk in closet right now that is just the wire shelves but I want something that looks a little nicer. Any suggestions or experiences?
     
  43. lechnerd

    lechnerd They say Monaco is a sunny place for shady people
    Donor
    Texas AandM Aggies alt

    I bought a dethatcher and used it last weekend. My yard doesn’t look terribly great right now as it looks like a balding guy trying desperately to hold onto what’s left. I had no idea most of my yard was filler. Filled up a ton of lawn bags with debris. I never would’ve guessed I had that much crap in between my grass.



    The reviews and before and after pics really sold me. I’ll post mine in a week or two.
     
    #13593 lechnerd, Mar 22, 2018
    Last edited: Mar 22, 2018
  44. Pharm

    Pharm Right Handed
    Donor
    Florida State SeminolesAtlanta HawksAtlanta Falcons

    I'd be interested in this as well, house being built and all the little extras like stop and drop, laundry room storage, and closets is expensive to do with builder so they suggested we don't after finishing
     
  45. Rabid

    Rabid Fan of: DQ Treats
    Donor TMB OG
    Minnesota Golden Gophers

    At my old condo I put in a closet from a local company but it was basically California Closet. It was 10 years ago and I think about $5k.

    Our current house has California closet stuff installed. It’s nice. Reconfiguring things was far more expensive than I would have guessed.
     
  46. Baron

    Baron Well-Known Member
    Donor
    Cincinnati BearcatsCincinnati RedsCincinnati BengalsTennisTiger WoodsFC Cincinnati

    Are there certain times of the year when dethatching works the best? Right now my yard is a damn swamp.
     
    lechnerd likes this.
  47. lechnerd

    lechnerd They say Monaco is a sunny place for shady people
    Donor
    Texas AandM Aggies alt

    I’m a first time dethatcher but the best time as I understand it is early spring. The dethatcher definitely disturbs the lawn but in early spring the grass is growing and the temps are usually not severe. It can easily recover from whatever mild injury it receives.
     
  48. lechnerd

    lechnerd They say Monaco is a sunny place for shady people
    Donor
    Texas AandM Aggies alt

    This will be my before pic in that I just mowed and dethatched:

    [​IMG]
     
  49. texasraider

    texasraider thanks
    Donor
    Texas RangersKansas City ChiefsDallas Mavericks altTexas Tech Red Raiders alt

    We did the elfa system from container store. It's pretty legit but so overpriced
     
  50. bigred77

    bigred77 Well-Known Member
    Donor
    Texas Tech Red RaidersTexas RangersSan Antonio SpursDallas CowboysKansas City ChiefsAustin FCTexas Tech Red Raiders alt

    The what now?