Home Buying & Real Estate Thread

[spizike231]

A little of both. Yearly vacation spot for the family. Rent out when not there and both my kids will have a home here and out the country always.

If it ends up being a BnB or somethin let us know namean so we got a new vacay spot too

 

[solewoman]

If it ends up being a BnB or somethin let us know namean so we got a new vacay spot too

Gotta love the NT love.



I’m not you’re crying…you’re crying.

 

[アミーゴ]

Gotta love the NT love.



I’m not you’re crying…you’re crying.

WE PUT ON FOR ALL NTERS WITH A JOIN DATE BEFORE THE LAST TEN YEARS

Rest of y’all still NOOBS to me!

 

[turbospartan]

WE PUT ON FOR ALL NTERS WITH A JOIN DATE BEFORE THE LAST TEN YEARS

Rest of y’all still NOOBS to me!

Damn. I should've created an account back in 2008 when I used to only use the site to see when the next Jordan releases were coming out. That was before my "posting on the interwebz" days.

 

[アミーゴ]

Damn. I should've created an account back in 2008 when I used to only use the site to see when the next Jordan releases were coming out. That was before my "posting on the interwebz" days.

EYE LIKE YOU - You good with ya boy if you follow up with how that date last week went

 

[MakeNTGreatAgain]

why アミーゴ wanna be the NT RA for so bad

 

[アミーゴ]

why アミーゴ wanna be the NT RA for so bad

I love you brother and miss you daily

 

[MakeNTGreatAgain]

can't go wrong with love

 

[アミーゴ]

can't go wrong with love

licensed to ball moved to Seattle - need a visit my man

 

[moderndarwin]

theyre quoting me 5.625% right now with a ~600 credit score and no money down. Shop around

i’ve checked with a few lenders and it’s between 5.9 and 6.5 maybe it’s because it’s a jumbo loan? I really don’t know…

 

[mplsdunk]

if solewoman gets an air bnb we can have a summit at her spot. we can leave dirty dishes and full trash cans like savages.

 

[206to813]

Gotta love the NT love.



I’m not you’re crying…you’re crying.

I know sneakaprince got a fire section8 spot for the NT fam vacationing in Milwaukee

 

[datznasty]

i’ve checked with a few lenders and it’s between 5.9 and 6.5 maybe it’s because it’s a jumbo loan? I really don’t know…

I guess, but I'm sure it's commensurate with home values where you are. Call LoanDepot and AmeriSave or do it online, I've gotten the best rates from them consistently. I am on 2.25% right now from Loan Depot(obviously from years ago not since the pandemy)

 

[206to813]

アミーゴ I need a hookup when I come back to Seattle, my mom had a fire Airbnb duplex on Alki we used to stay at when we visited but she sold it a couple years ago. She has a couple dumpy homes in beacon hill we could stay at but it just ain’t the same .
Alki was too perfect. Quick bike ride to those lil restaurants/bars, or to the ferry to downtown. Nice lake view to chill and watch the sunset.

 

[solewoman]

if solewoman gets an air bnb we can have a summit at her spot. we can leave dirty dishes and full trash cans like savages.

Is that so… saved for evidence

 

[sneakaprince]

I know sneakaprince got a fire section8 spot for the NT fam vacationing in Milwaukee

I'm not setting yall up to get jooged.... If there is ever a MKE NT meetup tho I'm definitely doing something nice for the fam tho.

 

[vagixxer]

solewoman I might have to crash this party

 

[solewoman]

solewoman I might have to crash this party

Fa sho!

Bringing out the OGs for sure with a vagixxer sighting

 

[HarlemShakeStory]

Was considering a cashout refi months ago but with interest rates increasing I don’t want to lose my current rate of 3%. Really want to get this backyard done so now I’m looking at a HELOC. Market has cooled but based on comps our real estate agent sent we have at least 200k in equity. Looking for a 100k credit line to cover the backyard now and basement a little later.

Would it make sense to apply for a HELOC now before home values fall? And would the bank look at my credit only or my wife’s too?

Go for HELOC and not cash out refinance. Stick with your current rate. They will run both of your credit. Not a bad move, but stay disciplined. If you are good with your credit cards, go for it. If you struggle staying within your limits with your CC, save some cash instead.

 

[HarlemShakeStory]

Bro the heloc is added debt to your mortgage. I think the safest play right now is not to add more debt.

In terms of price and real estate market fluctuations , you risk making your mortgage higher than house value by borrowing against it right now.

You say you have 200k in equity and wanna borrow a hundred. Making it now only 100k in equity. Based on what’s happened That’s about .25% interest rate hike for that to get wiped out.

Of course Unless you are in it long term. Than all this doesn’t matter and go for it.

A HELOC is not added debt to your mortgage. It’s a separate account that you can use or not use, similar to a credit card.

 

[moderndarwin]

Good news.

Negotiations done and offer accepted. And also got a way better loan. 5% down at 5.625%

Now onto this 21 day close. Dunno why real estate so complex with all this stuff. There’s some really bad procedural steps in the way residential real estate works.

 

[アミーゴ]

Good news.

Negotiations done and offer accepted. And also got a way better loan. 5% down at 5.625%

Now onto this 21 day close. Dunno why real estate so complex with all this stuff. There’s some really bad procedural steps in the way residential real estate works.

Congrats amigo!

 

[edshoecator]

In Los Angeles, million plus is cooling and 6-800k are moving. Million asking price are still selling but not as fast.

 

[アミーゴ]

In Los Angeles, million plus is cooling and 6-800k are moving. Million asking price are still selling but not as fast.

And people in here thought I was crazy

 

[mplsdunk]

Kind of want to move now that stuff is chilling out.