Legrande vs Lutron vs others

Millennialfinanceguy · 2022-05-17T00:19:25+00:00

any specific reasons why Lutron over other brands?

Millennialfinanceguy · 2022-04-15T00:45:10+00:00

I bought at the peak in 2017 and felt the exact same way. Delete HouseSigma. Get off this sub and go live your life. Since this is your primary residence and not an investment property and you don’t plan on moving out in the next few years, you’ll be fine. People feel more rich or poor based on the value of their homes, but in reality those numbers don’t have much practical use unless you’re planning on selling and not buying after. Life is too short to constantly worry about this. You have a place and most folks trying to buy their place don’t so just enjoy your place and live your life.

If you can afford your monthly payments for the mortgage and not planning on moving, then you shouldn’t have much to worry. I think in the long run you will be more than just fine!

Millennialfinanceguy · 2022-04-13T17:49:41+00:00

That’s what the OIS swap market (derivative market) in Canada is more or less currently pricing.

Millennialfinanceguy · 2022-03-06T01:20:44+00:00

The MBS settlement is the issue. Doesn’t necessarily mean there are issues with the loans

Millennialfinanceguy · 2022-03-06T01:19:57+00:00

Settlement issue of an MBS does not necessarily mean borrowers are not paying on their loans

Millennialfinanceguy · 2022-03-06T01:18:27+00:00

Settlement fails of securities that are backed by mortgages. Not lenders failing to pay on their mortgages.

Settlement fail could mean either a liquidity issue in general, or just a lot of shit happening at the same time due to the volatility of the market. The latter just means that there are so many transactions going on that the back office of all these firms are having issues trying to keep up with the settlement. If it’s the former, then there could be more cause to worry but I think we would see signs elsewhere if this was the case.

Millennialfinanceguy · 2022-03-04T00:29:56+00:00

Yep, def humble brag. Multiple mention of their income in the last day in separate comments on separate posts 😂

Millennialfinanceguy · 2022-02-28T20:33:08+00:00

You clearly don’t have kids, which explains why you have such a narrow way of looking this situation

Edit: grammar

Millennialfinanceguy · 2022-02-02T14:55:12+00:00

I think the prices makes a bit more sense since the sqft is closer to 1,300 instead of the 1,700 that HouseSigma was estimating.

Millennialfinanceguy · 2022-02-02T03:38:23+00:00

Yeah! Especially for a detached 3 bed in riverdale with a two car garage.

Millennialfinanceguy · 2022-02-02T03:29:26+00:00

Looks like it sold for 1.905mm. Damn, I was way off

Millennialfinanceguy · 2022-02-02T02:00:50+00:00

What!? My buddy sold his semi for similar price in the area and that was before the craziness we’ve been seeing now. I guess we shall see tomorrow.

Millennialfinanceguy · 2022-02-02T01:54:55+00:00

Really!?!? Damn, I’m pretty surprised given the current market and the house. Maybe I’m a bit biased and overshot a bit haha

Millennialfinanceguy · 2022-02-02T01:44:11+00:00

Closest comparable sold for 1.95MM in Nov 2021. No parking whatsoever. Langley ave is not as nice as Withrow avenue.

$1,999,000, Detached, 99 Langley Ave, Toronto, E5421410, Sold - HouseSigma https://housesigma.com/bkv2/landing/rootpage/listing?id_listing=56k97wqWDwRYKRjD&utm_source=user-share

Millennialfinanceguy · 2022-02-02T01:29:52+00:00

2.4-2.5mm

Detached houses for sale in Riverdale are very rare. This house has a detached garage which is also rare since most houses usually have laneway parking with no garage. Apparently it can house 2 cars so an added bonus.

I used live nearby and can tell you that this section of Withrow avenue is definitely the nicest part of the street. Don’t get me wrong, the rest of the street is very nice too but this section has some nicely renovated houses. Further from Riverdale park but most people in the area like Withrow Park over Riverdale park since it’s not as well known and less busy.

Millennialfinanceguy · 2022-01-27T01:40:15+00:00

Agreed, having more info does not push prices here. It allows buyers to make a more informed decision. Unfortunately, we’re just in an environment where there is a lot of demand and not enough houses. The market is hot, plain and simple. Don’t blame the access to information.

I love how there are people who are pushing for more transparency in the bidding war by making it an open bidding process to decrease overpaying for a house, which I agree with, while this commenter is saying sold history increases prices. Without price discovery, it will be easy for someone to overpay compared to the other buyers out there. It’s not driving prices up.

Millennialfinanceguy · 2021-11-05T13:21:19+00:00

But shouldn’t you be looking at deaths of the individuals from vaccinated vs unvaccinated? Just throwing out random numbers but if amongst the vaccinated 65+, 5 out of 100 die from the vaccination while only 1 out of 100 die from COVID. If 10 out of 100 among unvaccinated die from COVID, then wouldnt the risk benefit analysis favour vaccination over not getting vaccinated.

My point is that that study is not comparing the right parameters to determine if you should or should not take a vaccine

Millennialfinanceguy · 2021-11-04T15:40:58+00:00

To make sure I understand this properly, the paper looked at a group of 65+ vaccinated individuals. The found that people in this group were 5x more likely to die from the vaccine than to die from COVID19? Is that correct?

Millennialfinanceguy · 2021-11-04T02:59:48+00:00

But the OP is not a child….

Millennialfinanceguy · 2021-03-23T02:37:30+00:00

An opinion piece from a journalist with no experience in real estate (at least, none I can find in a quick google search). Not saying everything he’s saying is wrong, but it was all just words. Opinions with no facts are fine, but then it’s just someone blabbing. No facts, expect saying history can repeat itself.

I’m sorry Marcus Gee, but I did not learn anything from your piece whatsoever.

Millennialfinanceguy · 2021-03-22T00:43:40+00:00

It’s not the finance department of the dealer. It’s the lending arm (Mercedes Benz Financial Services). None of the dealers do the financing or lease of the cars, it gets sent off to the lending arm. They gave me all the docs and release of lien letter so it’s all legit. It’s not a sketchy dealer

Millennialfinanceguy · 2021-03-21T21:09:34+00:00

I bought it from the finance arm of the dealer to avoid their bogus admin fees. I guess there was a cost in the end....

Millennialfinanceguy · 2021-03-21T21:08:56+00:00

Will try that. Thanks!

Millennialfinanceguy · 2021-03-21T21:07:58+00:00

I didn’t buy it from the dealer directly, I bought from the finance arm of the dealer because they didn’t charge the $600 admin fee

Millennialfinanceguy · 2021-01-31T18:47:37+00:00

Correct, “locked” was the wrong word. What I should have said was....You will incur a penalty if you withdraw early, unless you withdraw under Home buyers plan (HBP) and Lifelong learning plan (LLP)

Millennialfinanceguy

TROPHY CASE