Mortgage rates back to 7%

[At30wecashout]

That 6% is very offensive and it’s going to be a shyt shytshow when those rates are sniffing 8%. Refinance is a thing of the past

But all I can say for folks looking to cop is go over every inch of the property on your hands and knees and assess everything. fukk what the appraiser has to say because they are doing like 6 appraisals a day because they get paid the more the do no matter how trash the property is

Knock on every wall and even punch it. If that bytch sounds like a Pop Tart box then find something else. But if you can fix that shyt up yourself and have your boys help, good luck. Call in the Mexicans when the time comes for some of the more complicated things since they letting everyone thru the border.

If those floors are creaky PULL THAT SHÍT UP and see what those joists look like or you’ll be miserable later. Make sure you are blocking/bridging those joists because it will eliminate the vibration and the “bouncy” feeling. Don’t even bother with hard wood because it’s old school and won’t last. It ain’t 1886. Get some laminate that will last a long time and there’s a million styles.

As I said, I already bought, and hard wood is exactly the current malaise. Floors sound like chiropractic videos when I walk. I can hear every toe of my upstairs neighbor when they get to walking. Oh well. I figure if I pay extra on the mortgage, I can sell in 3 years and have some equity. That or make enough cash that I won't mind the loss. Going the laminate route does sound nice, though, cause the goddamn place was built in 1900. They clearly haven't done shyt with the floors in 123 years. It's bad.

That said, its mad affordable for me so the interest rate isn't a big deal. I bought with the understanding that interest rates are going to return to historical norms with lightspeed and likely stay that way.

 

[Remote]

That 6% is very offensive and it’s going to be a shyt shytshow when those rates are sniffing 8%. Refinance is a thing of the past

But all I can say for folks looking to cop is go over every inch of the property on your hands and knees and assess everything. fukk what the appraiser has to say because they are doing like 6 appraisals a day because they get paid the more the do no matter how trash the property is

Knock on every wall and even punch it. If that bytch sounds like a Pop Tart box then find something else. But if you can fix that shyt up yourself and have your boys help, good luck. Call in the Mexicans when the time comes for some of the more complicated things since they letting everyone thru the border.

If those floors are creaky PULL THAT SHÍT UP and see what those joists look like or you’ll be miserable later. Make sure you are blocking/bridging those joists because it will eliminate the vibration and the “bouncy” feeling. Don’t even bother with hard wood because it’s old school and won’t last. It ain’t 1886. Get some laminate that will last a long time and there’s a million styles.

Sounds to me like you got issues at the border but you ain’t above hiring illegals to do work for cheap.

You sure you aren’t a Republican Congressman?

 

[Michael's Black Son]

As I said, I already bought, and hard wood is exactly the current malaise. Floors sound like chiropractic videos when I walk. I can hear every toe of my upstairs neighbor when they get to walking. Oh well. I figure if I pay extra on the mortgage, I can sell in 3 years and have some equity. That or make enough cash that I won't mind the loss. Going the laminate route does sound nice, though, cause the goddamn place was build in 1900. They clearly haven't done shyt with the floors in 123 years. It's bad.

Outside of putting your neighbor in the shadow realm, you are stuck until it’s time to dip.

But you can work on the crib so you get a nice bag when you leave. You can cheap out and get some very deep screws put directly in the hardwood info the joists and that will tighten up those squeaks since the wood has separated from the joists. This will only cost a couple hundred bucks to have some flooring dudes do it.

Or pull the damn floors up, bridge the joists, insulate, sound deaden (since the floor will be open) and put laminate everywhere. So many American properties are cheaped out with wood everywhere.

Spend whatever for the laminate and maybe offer to get some screws put into your neighbor’s floor. They might refuse and not give a fukk about you so this will be a lesson learned. Wherever you go next you better not be sharing floors and walls with anyone.

And invest in some noise canceling headphones — preferably the Sony joints.

 

[the bossman]

I got hit upside the head last year because the house got assessed and my property taxes took my mortgage from 1320 to 1950.

Jeezus breh!

are there any local or state tax credit programs you're able to take advantage of? Where I'm at as long as you fill out this form there is a percentage limit to how much your property tax assessment can increase in a single year. it's to prevent big jumps like that

 

[At30wecashout]

Outside of putting your neighbor in the shadow realm, you are stuck until it’s time to dip.

But you can work on the crib so you get a nice bag when you leave. You can cheap out and get some very deep screws put directly in the hardwood info the joists and that will tighten up those squeaks since the wood has separated from the joists. This will only cost a couple hundred bucks to have some flooring dudes do it.

Or pull the damn floors up, bridge the joists, insulate, sound deaden (since the floor will be open) and put laminate everywhere. So many American properties are cheaped out with wood everywhere.

Spend whatever for the laminate and maybe offer to get some screws put into your neighbor’s floor. They might refuse and not give a fukk about you so this will be a lesson learned. Wherever you go next you better not be sharing floors and walls with anyone.

And invest in some noise canceling headphones — preferably the Sony joints.

Speaking my language. I already thought to screw the floorboards into the joists on some DIY shyt but would need to know what if anything electrical is down below. Im not moved in yet so besides painting, silencing those fukking floors is high on my list of to-dos. The next plan is to move back up north and either get a single family or a high-end townhouse. Assuming my girl and I are on our grind, we can put together cash for a downpayment down the line. I come from. Dead silent, garage parking, view of the lake apartment so moving into a place built before WW2 is a wakeup call.

 

[the bossman]

Sheesh.

I got in at 2.8ish % in early 2021 and felt some kinda way that the fekking mortgage dude couldn’t slide me in at something lower.

That 7% is fukkin sales tax prices in some states

this another big reason why the housing market has such little inventory available. nikkas aint trying to sell and give up those 2% mortgages they got

 

[the bossman]

I guess if there is a small silver lining it’s that…if you’re stacking money…keep saving and you might be in a position to buy when things come down.

this is the million dollar question though.. when?

I feel like I've been hearing 'housing prices are gonna crash' literally every month since the start of covid 3 years ago

 

[Michael's Black Son]

Speaking my language. I already thought to screw the floorboards into the joists on some DIY shyt but would need to know what if anything electrical is down below. Im not moved in yet so besides painting, silencing those fukking floors is high on my list of to-dos. The next plan is to move back up north and either get a single family or a high-end townhouse. Assuming my girl and I are on our grind, we can put together cash for a downpayment down the line. I come from. Dead silent, garage parking, view of the lake apartment so moving into a place built before WW2 is a wakeup call.

If you won’t be at the place forever then get the flooring dudes to drive the nails in the joists right thru the hardwood. Put painters tape over every single squeak so they know where to drill. They’ll figure it out.

The screw heads will be visible so you can put filler over them and sand it down — or cover everything with laminate and call it a day. Whoever buys the place next will be thrilled to have laminate.

So tighten those floors before you move in and just leave when they start driving those screws because it will be noisy and they aren’t gonna be using some little ass DeWalt drills. Swap out the baseboards after you lay the laminate down so it looks fresh.

 

[Remote]

this is the million dollar question though.. when?

I feel like I've been hearing 'housing prices are gonna crash' literally every month since the start of covid 3 years ago

I have no idea. But this crap has to crash sometime.

 

[Absolut]

this is the million dollar question though.. when?

I feel like I've been hearing 'housing prices are gonna crash' literally every month since the start of covid 3 years ago

It’s not.

 

[Remote]

It’s not.

It absolutely is.

 

[Absolut]

It absolutely is.

That’s more wishcasting than actually based on any fundamental reasoning. People been saying the same for years and all it’s done is go up and up

 

[Kurt off them percs]

Guess I'll be rocking out in my apartment a little bit longer now

 

[Remote]

That’s more wishcasting than actually based on any fundamental reasoning. People been saying the same for years and all it’s done is go up and up

Oh right.
The market never goes down.

 

[Absolut]

Oh right.
The market never goes down.

Going down is much different than a crash. Folks out here thinking it will be worse than 2008 and shyt. Not remotely close to happening. A dip isn’t the same as what you, others in here, and these YouTube bozos been talking about for years. That ship has sailed. Will it cycle into a dip? No question. Thinking you can get into a house for 2008 levels? Gonna be waiting on that