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Anyone got tips for buying first house?

...
impertinent candlestick maker
  11/22/17
redfin
red naked bbw pistol
  11/22/17
Ty
impertinent candlestick maker
  11/22/17
get an inspection
Massive arrogant point
  11/22/17
With a contractor, not some shithead friend of the realtor w...
Slippery Lodge
  11/22/17
And do not rely on the inspection to the exclusion of your o...
Cracking Range Juggernaut
  11/22/17
https://www.nytimes.com/guides/realestate/how-to-buy-a-house
claret garrison travel guidebook
  11/22/17
have rich parents
Passionate turquoise patrolman
  11/22/17
30k from daddy
impertinent candlestick maker
  11/22/17
20 percent down payment is flame if you have good credit. I ...
hilarious deranged dog poop mad cow disease
  11/22/17
Can you explain how you waived PMI? We’re trying to save ...
jet spectacular whorehouse
  11/22/17
If you have good enough credit (750 plus, 800 preferred) and...
hilarious deranged dog poop mad cow disease
  11/22/17
How'd you find the broker?
impertinent candlestick maker
  11/22/17
Recommendations and vetting. Smart home buying is very much ...
hilarious deranged dog poop mad cow disease
  11/22/17
...
shimmering 180 dilemma factory reset button
  11/22/17
Alright. Lease is up April 1. Do I have time to do this prop...
impertinent candlestick maker
  11/22/17
I started looking for a house January 1 of last year, and cl...
hilarious deranged dog poop mad cow disease
  11/22/17
Gotcha cr. Ty
impertinent candlestick maker
  11/22/17
this isn't true in all markets. in hot markets you gotta be ...
judgmental site sweet tailpipe
  11/22/17
lol wut
hilarious deranged dog poop mad cow disease
  11/22/17
Interesting ty. We will consider doing this once we’ve saved...
jet spectacular whorehouse
  11/22/17
I had like 15 saved so the remainder went to updates which w...
hilarious deranged dog poop mad cow disease
  11/22/17
I'm not so sure 1.35% is a good deal. You can make a lot ...
talented mental disorder idiot
  11/22/17
That’s true, but I’m not moving for enough years to make it ...
hilarious deranged dog poop mad cow disease
  11/22/17
Yeah, the ROI isn't necessarily hot. You spend 1.35% to redu...
Cracking Range Juggernaut
  11/22/17
...
vivacious bespoke deer antler
  11/22/17
I'm listening brother
impertinent candlestick maker
  11/22/17
...
vivacious bespoke deer antler
  11/22/17
I am inclined to agree with this assessment. The juice will ...
hilarious deranged dog poop mad cow disease
  11/22/17
Dear god please
exhilarant home
  11/22/17
be honest with urself about ur ability and willingness to do...
judgmental site sweet tailpipe
  11/22/17
ensure mortgage payment well within your means
chestnut nursing home goyim
  11/22/17
...
vivacious bespoke deer antler
  11/22/17
this
very tactful institution french chef
  11/22/17
This x 1000 Our mortgage payment is about 15% of our mont...
Histrionic theatre
  11/22/17
Mine is 2.5 percent. Even better
hilarious deranged dog poop mad cow disease
  11/22/17
Mine is 33%
razzle macaca stag film
  11/22/17
Wait till the absolute peak of the market so you enrich your...
Supple friendly grandma
  11/22/17
...
exhilarant home
  11/22/17
buy during the winter
Grizzly kink-friendly hunting ground box office
  11/22/17
Because of less competition?
razzle macaca stag film
  11/22/17
The most important things are foundation, roof, and air cond...
Cracking Range Juggernaut
  11/22/17
negotiate your mortgage rate with more than one bank at a ti...
Irradiated Puce Liquid Oxygen Ticket Booth
  11/22/17
if buying new build find out exactly what is included in quo...
appetizing orchestra pit ladyboy
  11/22/17
Don’t do it.
Costumed olive senate
  11/22/17


Poast new message in this thread



Reply Favorite

Date: November 22nd, 2017 5:30 PM
Author: impertinent candlestick maker



(http://www.autoadmit.com/thread.php?thread_id=3806171&forum_id=2#34751264)



Reply Favorite

Date: November 22nd, 2017 5:30 PM
Author: red naked bbw pistol

redfin

(http://www.autoadmit.com/thread.php?thread_id=3806171&forum_id=2#34751266)



Reply Favorite

Date: November 22nd, 2017 5:32 PM
Author: impertinent candlestick maker

Ty

(http://www.autoadmit.com/thread.php?thread_id=3806171&forum_id=2#34751292)



Reply Favorite

Date: November 22nd, 2017 5:36 PM
Author: Massive arrogant point

get an inspection

(http://www.autoadmit.com/thread.php?thread_id=3806171&forum_id=2#34751319)



Reply Favorite

Date: November 22nd, 2017 5:54 PM
Author: Slippery Lodge

With a contractor, not some shithead friend of the realtor who charges $350 to make sure that there are batteries in the smoke detectors that he can easily reach.

(http://www.autoadmit.com/thread.php?thread_id=3806171&forum_id=2#34751426)



Reply Favorite

Date: November 22nd, 2017 6:56 PM
Author: Cracking Range Juggernaut

And do not rely on the inspection to the exclusion of your own personal detailed inspection.

(http://www.autoadmit.com/thread.php?thread_id=3806171&forum_id=2#34751962)



Reply Favorite

Date: November 22nd, 2017 5:36 PM
Author: claret garrison travel guidebook

https://www.nytimes.com/guides/realestate/how-to-buy-a-house

(http://www.autoadmit.com/thread.php?thread_id=3806171&forum_id=2#34751320)



Reply Favorite

Date: November 22nd, 2017 5:50 PM
Author: Passionate turquoise patrolman

have rich parents

(http://www.autoadmit.com/thread.php?thread_id=3806171&forum_id=2#34751409)



Reply Favorite

Date: November 22nd, 2017 5:51 PM
Author: impertinent candlestick maker

30k from daddy

(http://www.autoadmit.com/thread.php?thread_id=3806171&forum_id=2#34751415)



Reply Favorite

Date: November 22nd, 2017 5:55 PM
Author: hilarious deranged dog poop mad cow disease

20 percent down payment is flame if you have good credit. I did 5 and they offered a 1.35 percent lump sum to waive PMI, freeing up a bunch of cash for updates.

Home inspectors are absolutely vital but most of them are rancid TTTs. Spend extra time to find the good ones.

I bought a 101 year old colonial style house and have been chipping away at renovations for the last year and a half, just finished a two month complete gutjob and rebuild on a kitchen, so I’ll answer Qs if you want

(http://www.autoadmit.com/thread.php?thread_id=3806171&forum_id=2#34751437)



Reply Favorite

Date: November 22nd, 2017 5:58 PM
Author: jet spectacular whorehouse

Can you explain how you waived PMI?

We’re trying to save ~200k for a down payment and it’s taking a minute.

(http://www.autoadmit.com/thread.php?thread_id=3806171&forum_id=2#34751455)



Reply Favorite

Date: November 22nd, 2017 6:01 PM
Author: hilarious deranged dog poop mad cow disease

If you have good enough credit (750 plus, 800 preferred) and a solid mortgage broker, the lender will sometimes offer a lump sum payment to waive the PMI. Mine was 1.35 percent of the total property value. That meant I only had to put the minimum down (5 percent) plus the lump sum, then got the same benefit as a full 20 down.

It’s discretionary by the lender and not guaranteed but it frees up a lot of cash. I didn’t even get a higher interest rate, so there was literally 0 benefit to saving up 20 percent.

(http://www.autoadmit.com/thread.php?thread_id=3806171&forum_id=2#34751478)



Reply Favorite

Date: November 22nd, 2017 6:02 PM
Author: impertinent candlestick maker

How'd you find the broker?

(http://www.autoadmit.com/thread.php?thread_id=3806171&forum_id=2#34751484)



Reply Favorite

Date: November 22nd, 2017 6:03 PM
Author: hilarious deranged dog poop mad cow disease

Recommendations and vetting. Smart home buying is very much a process of “measure many times but cut once.” Take your time.

(http://www.autoadmit.com/thread.php?thread_id=3806171&forum_id=2#34751501)



Reply Favorite

Date: November 22nd, 2017 6:03 PM
Author: shimmering 180 dilemma factory reset button



(http://www.autoadmit.com/thread.php?thread_id=3806171&forum_id=2#34751505)



Reply Favorite

Date: November 22nd, 2017 6:03 PM
Author: impertinent candlestick maker

Alright. Lease is up April 1. Do I have time to do this properly or should I wait a year?

(http://www.autoadmit.com/thread.php?thread_id=3806171&forum_id=2#34751506)



Reply Favorite

Date: November 22nd, 2017 6:08 PM
Author: hilarious deranged dog poop mad cow disease

I started looking for a house January 1 of last year, and closed this house in May. I think you’re fine but do not under any circumstances set a deadline for yourself. If you have to extend the lease because the right deal isn’t in front of you, you should extend.

I’m in a rapidly rising but still very TTT oil flyover market but the competition was still insane for my house because of the location. There were like 30 offers by the weekend after it went on the market on a Wednesday, and I got mine in and accepted first. I toured over 30 homes before I settled on this one.

No deadlines. Be patient.

(http://www.autoadmit.com/thread.php?thread_id=3806171&forum_id=2#34751540)



Reply Favorite

Date: November 22nd, 2017 6:09 PM
Author: impertinent candlestick maker

Gotcha cr. Ty

(http://www.autoadmit.com/thread.php?thread_id=3806171&forum_id=2#34751550)



Reply Favorite

Date: November 22nd, 2017 6:05 PM
Author: judgmental site sweet tailpipe

this isn't true in all markets. in hot markets you gotta be ready to jump in without dithering around too long or good places will already be gone

(http://www.autoadmit.com/thread.php?thread_id=3806171&forum_id=2#34751522)



Reply Favorite

Date: November 22nd, 2017 6:10 PM
Author: hilarious deranged dog poop mad cow disease

lol wut

(http://www.autoadmit.com/thread.php?thread_id=3806171&forum_id=2#34751563)



Reply Favorite

Date: November 22nd, 2017 6:06 PM
Author: jet spectacular whorehouse

Interesting ty. We will consider doing this once we’ve saved the full 20 instead of running out and buying a house today

(http://www.autoadmit.com/thread.php?thread_id=3806171&forum_id=2#34751529)



Reply Favorite

Date: November 22nd, 2017 6:09 PM
Author: hilarious deranged dog poop mad cow disease

I had like 15 saved so the remainder went to updates which was 180 as fuck

(http://www.autoadmit.com/thread.php?thread_id=3806171&forum_id=2#34751556)



Reply Favorite

Date: November 22nd, 2017 6:12 PM
Author: talented mental disorder idiot

I'm not so sure 1.35% is a good deal.

You can make a lot of PMI payments for several thousand dollars.

(http://www.autoadmit.com/thread.php?thread_id=3806171&forum_id=2#34751587)



Reply Favorite

Date: November 22nd, 2017 6:13 PM
Author: hilarious deranged dog poop mad cow disease

That’s true, but I’m not moving for enough years to make it worth it, and I earn my money very unevenly so lower monthly payments help my budgeting

(http://www.autoadmit.com/thread.php?thread_id=3806171&forum_id=2#34751598)



Reply Favorite

Date: November 22nd, 2017 6:59 PM
Author: Cracking Range Juggernaut

Yeah, the ROI isn't necessarily hot. You spend 1.35% to reduce your down payment by 15% at most.

(http://www.autoadmit.com/thread.php?thread_id=3806171&forum_id=2#34751990)



Reply Favorite

Date: November 22nd, 2017 5:58 PM
Author: vivacious bespoke deer antler



(http://www.autoadmit.com/thread.php?thread_id=3806171&forum_id=2#34751459)



Reply Favorite

Date: November 22nd, 2017 5:59 PM
Author: impertinent candlestick maker

I'm listening brother

(http://www.autoadmit.com/thread.php?thread_id=3806171&forum_id=2#34751461)



Reply Favorite

Date: November 22nd, 2017 6:03 PM
Author: vivacious bespoke deer antler



(http://www.autoadmit.com/thread.php?thread_id=3806171&forum_id=2#34751500)



Reply Favorite

Date: November 22nd, 2017 6:04 PM
Author: hilarious deranged dog poop mad cow disease

I am inclined to agree with this assessment. The juice will run out and it will pay to be patient and have a cash warchest

(http://www.autoadmit.com/thread.php?thread_id=3806171&forum_id=2#34751512)



Reply Favorite

Date: November 22nd, 2017 6:27 PM
Author: exhilarant home

Dear god please

(http://www.autoadmit.com/thread.php?thread_id=3806171&forum_id=2#34751728)



Reply Favorite

Date: November 22nd, 2017 6:03 PM
Author: judgmental site sweet tailpipe

be honest with urself about ur ability and willingness to do updates.

are you in an area where certain natural disasters might occur? GIS mapping can show you if you're in a floodplain (100 year flood, 500 year flood).

look around for protips on all the shit that is NOT covered by normal homeowners insurance (i.e., basement flooding)

(http://www.autoadmit.com/thread.php?thread_id=3806171&forum_id=2#34751504)



Reply Favorite

Date: November 22nd, 2017 6:04 PM
Author: chestnut nursing home goyim

ensure mortgage payment well within your means

(http://www.autoadmit.com/thread.php?thread_id=3806171&forum_id=2#34751508)



Reply Favorite

Date: November 22nd, 2017 6:07 PM
Author: vivacious bespoke deer antler



(http://www.autoadmit.com/thread.php?thread_id=3806171&forum_id=2#34751532)



Reply Favorite

Date: November 22nd, 2017 6:08 PM
Author: very tactful institution french chef

this

(http://www.autoadmit.com/thread.php?thread_id=3806171&forum_id=2#34751538)



Reply Favorite

Date: November 22nd, 2017 6:19 PM
Author: Histrionic theatre

This x 1000

Our mortgage payment is about 15% of our monthly after tax income which feels about right

(http://www.autoadmit.com/thread.php?thread_id=3806171&forum_id=2#34751665)



Reply Favorite

Date: November 22nd, 2017 6:54 PM
Author: hilarious deranged dog poop mad cow disease

Mine is 2.5 percent. Even better

(http://www.autoadmit.com/thread.php?thread_id=3806171&forum_id=2#34751948)



Reply Favorite

Date: November 22nd, 2017 7:01 PM
Author: razzle macaca stag film

Mine is 33%

(http://www.autoadmit.com/thread.php?thread_id=3806171&forum_id=2#34752008)



Reply Favorite

Date: November 22nd, 2017 6:25 PM
Author: Supple friendly grandma

Wait till the absolute peak of the market so you enrich your boomer overlords. Plus you’ll get the added benefit of being upside down in a couple years.

(http://www.autoadmit.com/thread.php?thread_id=3806171&forum_id=2#34751714)



Reply Favorite

Date: November 22nd, 2017 6:27 PM
Author: exhilarant home



(http://www.autoadmit.com/thread.php?thread_id=3806171&forum_id=2#34751734)



Reply Favorite

Date: November 22nd, 2017 6:28 PM
Author: Grizzly kink-friendly hunting ground box office

buy during the winter

(http://www.autoadmit.com/thread.php?thread_id=3806171&forum_id=2#34751739)



Reply Favorite

Date: November 22nd, 2017 7:01 PM
Author: razzle macaca stag film

Because of less competition?

(http://www.autoadmit.com/thread.php?thread_id=3806171&forum_id=2#34752016)



Reply Favorite

Date: November 22nd, 2017 7:10 PM
Author: Cracking Range Juggernaut

The most important things are foundation, roof, and air conditioner units as they are the most expensive to fix if something goes wrong (and can't be ignored). Look for value on a structurally sound house with a dated interior (and remember if you're going to remodel anyway, it doesn't matter if a room started out as a 2/10 or a 6/10). I bought a house that had been languishing because it had poor landscaping/curb appeal for how expensive it was . . . fixing that is pretty easy and can have a good return.

Also, don't have a buyer agent, and be insistent that buyers agent commission is contributed to your closing costs. The sellers agent will fume about this but you have the power.

(http://www.autoadmit.com/thread.php?thread_id=3806171&forum_id=2#34752085)



Reply Favorite

Date: November 22nd, 2017 7:10 PM
Author: Irradiated Puce Liquid Oxygen Ticket Booth

negotiate your mortgage rate with more than one bank at a time. it's a huge hassle, because they make you send a fuckton of paperwork, but i got around 50bps knocked off my mortgage by continually asking one to beat the other to earn my business.

mortgage brokers are for people with shitty credit, best rates for someone with good credit will almost always come directly from the lender.

depending on the size of your mortgage, a 1/8% difference could be tens of thousands of dollars over the life of your mortgage.

(http://www.autoadmit.com/thread.php?thread_id=3806171&forum_id=2#34752091)



Reply Favorite

Date: November 22nd, 2017 7:15 PM
Author: appetizing orchestra pit ladyboy

if buying new build find out exactly what is included in quoted purchase price.

(http://www.autoadmit.com/thread.php?thread_id=3806171&forum_id=2#34752133)



Reply Favorite

Date: November 22nd, 2017 7:31 PM
Author: Costumed olive senate

Don’t do it.

(http://www.autoadmit.com/thread.php?thread_id=3806171&forum_id=2#34752271)