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May 21, 2019
7:37
:34
am
conetah
All-American
Can someone cause a recession for me? I’m tired of waiting for one.
They’ve said prices on homes will drop soon for the last 5 years in slc.
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conetah
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conetah
Joined
Feb 27, 2011
Last login
May 7, 2024
Total posts
21,188 (2,834 FO)
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Messages
Author
Time
Best tips on buying a house?
conetah
5/20/19 11:27pm
Find one you like, in an area you like at a price you can afford. Easy as that.
pink22
5/20/19 11:30pm
1. Get a good deal; 2. Get a no cost mortgage; 3. Refi in 6 months to avoid PMI.
dYrtbYkerYder
5/20/19 11:31pm
4. Buy a little less than what you can afford.
dYrtbYkerYder
5/20/19 11:32pm
Ways to refi out of PMI cheaply?
Florwood
5/21/19 6:47am
I would probably cost and you on number two and number three.
grandpacoug
5/21/19 8:24am
You are wrong. Of course the no cost mortgage closing comes with a higher rate,
dYrtbYkerYder
5/21/19 2:27pm
Buy the cheapest house in the best neighborhood you can afford
Run-DMT
5/20/19 11:32pm
Where do you find the cheapest house?
conetah
5/20/19 11:37pm
About the repairs: Hire a home inspector.
realtall
5/20/19 11:58pm
you can't hire your own appraiser if you are obtaining financing from an
grandpacoug
5/21/19 8:20am
Ironically psychology tells us to do the opposite...have the nicer home in the
runnincoug
5/20/19 11:42pm
Save until you have 20% to put down.
realtall
5/20/19 11:35pm
Or do what I said a few posts above. If you get equity right away, you can refi.
dYrtbYkerYder
5/20/19 11:37pm
This works best with. Foreclosure
Pretorian
5/21/19 4:58am
This is what I did
Solomon Levi
5/21/19 12:23am
I just didn't want to pay for those years of PMI.
realtall
5/21/19 12:36am
I get it. I just found the equity raised so much
Solomon Levi
5/21/19 1:04am
This only works if you can easily afford the mortage
BigT801
5/21/19 9:19am
That’s valid, I agree
Solomon Levi
5/21/19 9:28am
First make sure it’s a house you and your spouse both like
Josef K
5/20/19 11:39pm
There aren’t many good deals today...
grosven
5/20/19 11:48pm
You think there will be a time in slc where property goes down in value?
conetah
5/20/19 11:53pm
RE: You think there will be a time in slc where property goes down in value?
tippmancoug
5/20/19 11:55pm
'correct itself' implies prices are over-inflated.
Dissenter
5/21/19 5:27am
Me neither. Still plenty of demand on a limited resource
conetah
5/21/19 7:30am
It’s good to be aware of fear of missing out
grosven
5/21/19 7:48am
interest rates can't go much lower? Did you miss the past 10 years?
Dissenter
5/21/19 9:14am
Tell me what you see in this chart. How much lower can you go than 0?
grosven
5/21/19 9:45am
RE: There aren’t many good deals today...
tippmancoug
5/20/19 11:53pm
Zillow allows you to search based on school boundaries
Thrill
5/20/19 11:52pm
Build your house. Don’t hire a builder, just watch HGTV and have at it.
Y2k
5/20/19 11:57pm
Lol. I want to build badly. Cost of building is way high right now.
Idahofallsblue
5/21/19 12:02am
Where, Utah?
Heinz57
5/21/19 12:20am
No. Idaho falls.
Idahofallsblue
5/21/19 12:33am
There is, be your own general contractor and save the 30%
volleyjiver
5/21/19 6:57am
I built a new home every two years while living in S.G. as the owner builder
grandpacoug
5/21/19 8:18am
The way I did for my two homes
Heinz57
5/21/19 11:38am
Never buy in the late stages of a bubble. Millions were
MatthiasG
5/21/19 12:59am
Can someone cause a recession for me? I’m tired of waiting for one.
conetah
5/21/19 7:37am
Beyond getting an education, buying a foreclosure is the best financial decision
Pretorian
5/21/19 4:57am
Don’t get emotionally attached to a home. It will cause you to
Philosoraptor
5/21/19 5:23am
I would worry about where you want to live and what you can afford, everything
gww687
5/21/19 5:50am
We made a mistake the first time around and bought what we could afford instead
cougarfan87
5/21/19 12:12pm
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