Gravel
Mr. Poopybutthole
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Nah, we didn't have it up until last week, and that was just for my wife's peace of mind. Cost us $450 or so for annual coverage.
You do have to have hurricane (wind) coverage though, at least where we are.
Home buying thread
- Thread starter Pasteton
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Guest, it's time once again for the massively important and exciting FoH Asshat Tournament!
Go here and give us your nominations!Who's been the biggest Asshat in the last year? Give us your worst ones!
You do have to have hurricane (wind) coverage though, at least where we are.
moonarchia
The Scientific Shitlord
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Soul has been signed away. Loving the new place already and I have only moved some boxes in. The garage access is gated by RFID tags. Building access. Elevator access. Rec facility access. All gated by keyfobs. Most of my neighbors are old, wealthy, or both. The lobby is like something out of a high class hotel. Fucking A it is nice. Fuckload of work when I wake up tonight moving shit over, but I am ready.
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Sanrith Descartes
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So it will be infinitely easier for the gubmint to lock you into your place for the duration of your quarantine during the next "pandemic". How very Wuhan of you.
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Tmac
Adventurer
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Was it just a lease or did you actually sign your soul away? The apartment complex gets your next born? A pound of flesh?
Why so dramatic bb?
moonarchia
The Scientific Shitlord
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moonarchia
The Scientific Shitlord
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- 45,367
Tmac
Adventurer
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moonarchia
The Scientific Shitlord
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Well, got all my shit moved in and got my internet set up. Been awake 24 hours and I am fucking tired.
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Burnem Wizfyre
Log Wizard
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You could pay it off early /shrug started a 30 year mortgage in October of last year, 12 years remaining.
moonarchia
The Scientific Shitlord
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That is the plan, hopefully. Going to be looking for a side job this summer.
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Lanx
<Prior Amod>
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i thought the plan was that later in life to have a side chick, not a side job!
moonarchia
The Scientific Shitlord
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ToeMissile
Pronouns: zie/zhem/zer
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Kiroy
Marine Biologist
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You should play with some amortization calculators and figure out how much every X.XX extra paid to principle saves you in interest over the life of your loan. For me, if I just randomly dump 1000 in it saves me approx three grand in interest. If I pay an extra 100 a month it saves me about 50 grand over the life of the loan. An extra 500 a month saves me almost 200 grand over the life. I find knowing exactly how much I save makes it easier to pay extra each month.
this one isn't bad
Amortization Calculator | Extra Payment Calculator | U.S. Bank
This amortization calculator shows the schedule of paying extra principal on your mortgage over time. See how extra payments break down over your loan term with U.S. Bank.
www.usbank.com
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Hmmm. There's a house for sale that's 300 yards away, that is "pending". It was listed at $1.1M. 2800 sq ft, 30x50 shop, built in '17, 4.5 acres. Modern farm house, so it's more updated than my place.
I bought my place for $515k. 3800 sq ft, 40x60 shop, 5 acres. It wouldn't take $100k to update my house to be as nice as theirs. Should I sell and get that sweet $500k of capital gains tax free?! Not sure what I'd buy. We'd have to downsize to buy in cash, as what I paid $515k for in 2020 now is apparently a million dollar house. My oldest is a senior in HS, so I don't technically need as much space as I have now... I could go without the theater room, billiards, etc.
I bought my place for $515k. 3800 sq ft, 40x60 shop, 5 acres. It wouldn't take $100k to update my house to be as nice as theirs. Should I sell and get that sweet $500k of capital gains tax free?! Not sure what I'd buy. We'd have to downsize to buy in cash, as what I paid $515k for in 2020 now is apparently a million dollar house. My oldest is a senior in HS, so I don't technically need as much space as I have now... I could go without the theater room, billiards, etc.
Burns
Avatar of War Slayer
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Maybe talk to a realtor before dumping money into it. It's possible in the current market, that your property can already go for close to a mil or they have cheaper ideas to get close to it. The market is always changing and many people would rather do their own thing, over your "updates."
The most frugal solution would be to buy a chunk of property and build a "barn" on it with a bare bones/minimal finish apartment in it. Move into the apartment and use the rest of the barn as storage for all your shit. Sell your current house for 1 mil, then use that money to pay off any loans and build a new house on your new property with cash. Expect for it to take up to two years, no matter what the builder says.
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Sanrith Descartes
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Signed contracts on the new house today. Met with a pool builder looking at custom options. Shit looked amazing. I will predict now that I blow my budget on the pool.
Lanx
<Prior Amod>
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Sanrith Descartes
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Friend has one of those. They require more pumping so the power costs are higher, but they're really nice to swim in.
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