Home Buying & Real Estate Thread

Brownstone

Formerly 'blackintellect'
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Its a consequence of banks having way too much deposits (cash) on hand. A consequence of Dodd-Frank, they have to spend it on somethings.
 
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Joined Aug 26, 2009
Yep Toja Grid!
I just received my Toja Grid kit. How was the install? My neighbor had issues fitting his 4x4s in but he painted them before putting the brackets. And he put it on there thick :lol:

I will probably be building it in a week or so, I just have to tear down the old crappy one that came with the house.
 
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Joined Nov 8, 2013
I’ve found success with lower rates by shopping around for rates with a mortgage broker or doing the DD myself and calling credit unions. Rates usually land near or at 2.75% with credit unions rather than the big banks. It seems like they’re fluctuating under 3 for the foreseeable future with the Fed doing their thing.
 
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Joined Jul 31, 2012
I’ve found success with lower rates by shopping around for rates with a mortgage broker or doing the DD myself and calling credit unions. Rates usually land near or at 2.75% with credit unions rather than the big banks. It seems like they’re fluctuating under 3 for the foreseeable future with the Fed doing their thing.
What does a broker normally charge?
 
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Joined Nov 8, 2013
I’m not sure, my mortgage broker experience had the lender pay the broker. I’m assuming it’s a commission percentage or a flat fee, but I don’t know the specifics. As usual, shop around. I didn’t see a charge on my side of things when I closed so I felt like I reaped the benefits, but I’m sure they’re taxing me in there somewhere, no free lunches :lol:
 
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got quoted at 3.25% for a 30... cross country mortgage... just needed them to produce a pre-approval for me to shop, then. zip zip, I'm finding someone else
 
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Joined Dec 19, 2008
I just received my Toja Grid kit. How was the install? My neighbor had issues fitting his 4x4s in but he painted them before putting the brackets. And he put it on there thick :lol:

I will probably be building it in a week or so, I just have to tear down the old crappy one that came with the house.

Did he use Pressure Treated? if so, it was probably still wet and swollen. Due to the demand, PT is showing up to the store days after after treatment vs months before the pandemic. Also you need different brackets for Rough Cut lumber, if that’s used.


Our install was on an elevated deck, so it was a lil nerve racking because my wife has no upper body strength. Used Cedar since its rot and insect resistant. Got it home cut into it and the center was still wet

I suggest taking the brackets to the store to test figment and wouldn’t use wet lumber or you will want let it dry.
 
8,198
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Joined Dec 19, 2008
I’m not sure, my mortgage broker experience had the lender pay the broker. I’m assuming it’s a commission percentage or a flat fee, but I don’t know the specifics. As usual, shop around. I didn’t see a charge on my side of things when I closed so I felt like I reaped the benefits, but I’m sure they’re taxing me in there somewhere, no free lunches :lol:
This was my experience. My tax guy was confused, he was looking for all sorts of fees and fees were lower. He asked how did they broker get paid?
 
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Joined Jan 6, 2015
Any sites that I can use to get a good idea of closing costs? Or is this something that I won't get a good idea about until actually getting ready to buy? I know it'll vary by state

Just looked at two and one was twice as much as the first I checked. I'm going to buy a condo in NYC sometime this year or next
 

willie mcfly22

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Joined Jan 17, 2013
Lookin into tapping into some of this equity with a cash out refi. anyone here done it, what’s the process like? Any good recommendations as far as banks to contact? Thanks…
 

s0lefunk

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Joined May 31, 2007
Any sites that I can use to get a good idea of closing costs? Or is this something that I won't get a good idea about until actually getting ready to buy? I know it'll vary by state

Just looked at two and one was twice as much as the first I checked. I'm going to buy a condo in NYC sometime this year or next
General rule is to plan for 2-5% of the home value. Ours came closer to 2% but you truly do not know until you start getting loan estimates from the mortgage company.
 
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Joined Jul 31, 2012
For home insurance is there a reason the deductible is at 1% and not a set price of $1,000, $2,000 etc?
 
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Joined Apr 5, 2012
Reading this thread makes me realize how little i know and how much having a house takes.

Seems like i’ll forever rent.
 

Brownstone

Formerly 'blackintellect'
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Joined Aug 22, 2012
Haha, both of my parents didn't buy until their 40's and they both ballin. I aint in no rush
 
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