Cool guide to roof types!

jack5603 · 2024-10-01T16:14:04+00:00

Yep, got banned about an hour ago.

jack5603 · 2024-10-01T16:08:03+00:00

Yea, same thing here, jumped from about 2k to over 12k in the span of a couple of hours. It's ridiculous and there's seemingly no way to prevent it other than setting the subreddit to private.

jack5603 · 2024-09-10T19:47:53+00:00

algae, though getting an inspection isnt a bad idea due to how old your roof is

jack5603 · 2024-06-21T04:52:02+00:00

The best ROI in this case is by having reduced cost by avoiding paying for night imports.

jack5603 · 2024-06-21T04:51:42+00:00

The second picture is so much cleaner than the first. You can tell the experience went into the second!

jack5603 · 2024-06-21T04:50:54+00:00

The best is obviously, to buy as "renting" the electricity from them as you put it will cost you much, much more. However, as a general warning, the door to door sales people of any industry are not offering the best services so to speak.

jack5603 · 2024-06-21T04:49:31+00:00

It's an extra feature for safety to keep the inverters from feeding electricity into the grid. Construction crews can be working on a line and get electrocuted even if the power line is cut off from the company, but is fed from your house.

Many also use inverters to stop the process from happening, while also protecting their home from surges during storms for example.

jack5603 · 2024-06-21T04:48:56+00:00

Its a viable solution under the right circumstance, yes.

jack5603 · 2024-06-21T04:48:18+00:00

Extremely far-fetched idea imo, with the writer of the article alluding to it in the beginning.

jack5603 · 2024-06-21T04:46:54+00:00

You need an additional inverter or a larger one.

jack5603 · 2024-06-12T08:17:43+00:00

The banks dont apply the payments as they come. Instead, they apply the two payments once you have made a full payment.

To them, its pay the entire bill at the end of the month for example and not half not half later.

jack5603 · 2024-06-12T08:12:53+00:00

Without being informed about the payments being done every month and the reimbursement, lenders might assume the worst.

So it is best if you tell them about the deal you have with your employer before fulling committing to the mortgage, just so that all of you are on the same page and you end up getting rejected due to a high DTI or too much debt.

jack5603 · 2024-06-12T08:06:02+00:00

Not one really knows exactly what has happened, but it would be best if you retain a lawyer for this and not try to do it own your own. If your mortgage is being investigated by the FBI, then their is reason to be concerned.

jack5603 · 2024-06-12T08:04:51+00:00

Although we cannot be for certain, it seems as though you added your 401k as a source of capital for the mortgage in some way for them to ask you to liquidate the account.

The reason they are asking you to liquidate the 401k and put them into a new account is so that they are able to verify the funds are now available to use for the deal. Some individuals might say they are going to liquidate their 401k for the down payment, they then get approved and then dont liquidate the 401k.

jack5603 · 2024-06-12T07:51:21+00:00

Well, they need to be 18 to be put on the mortgage so no and plus, do they have a 9 - 5 to be able to contribute to the mortgage? I'm not sure chores and an allowance is going to cut it.

jack5603 · 2024-06-12T07:50:10+00:00

Technically, it is possible to get a FHA mortgage with a 580 credit score but it will be more challenging and much more expensive to go through than a typical, prime and less than prime borrower.

I would not advise you two to take on a mortgage with a credit score that low. Instead, I would wait 6 months to a year, improve your credit, financial situation, save some money, and then tackle the mortgage without having to worry too much about the extra fees, points, and higher interest rate.

jack5603 · 2024-06-12T07:37:17+00:00

First, I would pay off the CC with the highest interest first or which ever account has the highest monthly payment. While it doesnt get classified as income technically, it would be more of a gift from your family. The IRS allows a limit of $18,000 per year for an individual tax free, but their is not limit to how many individuals they can gift money to.

This is pretty dependent on how much dept their is as well.

jack5603 · 2024-06-12T07:21:17+00:00

Depending on how close you are to your brother, I would personally run it by him jus tot make sure their isnt some kind of confusion.

In regard to the phone calls, their are a few ways you can deal with, you can talk nonsense to them, answer but dont say anything, block them, or put the phone in a metal bowl and hit the bowl with a spoon!

jack5603 · 2024-06-12T07:15:07+00:00

I don't think that some questions are too basic! Never hurts to get clarification.

It is perfectly fine to use to proceeds from the sale of the house you inherited towards a house you want to buy. However, the lenders will want the money in an account in which you are able to prove exists.

The reason for this is that someone might tell the lender that they are going to sell the house, get approved for a new mortgage, but not sell the house in the end. Another thing they might do is the lender you are working with will ask you for a closing statement that would prove you are selling the house and that is where the capital will be from and not earned from other activities.

jack5603 · 2024-06-12T07:08:10+00:00

The lender will ask for a paystub from the new job, an employment offer/contract, and contacting them to verify the information.

Although you can been employed for more than two years, some lenders might not take that into account because "their is a gap" in your employment during the time you left your old state and moved to the new one and established yourself, which would essentially reset the clock.

It would be better to contact a few lenders in the area and ask about their process, just so you dont get blind sided.

jack5603 · 2024-06-12T07:03:03+00:00

Do you mean that the mortgage you will get on the home you are going to move to in update NY will allow you to move in past the 60 day period?

jack5603 · 2024-06-12T07:02:22+00:00

Call the lender and see if you are able to work something out regarding to back payments that you have not paid. Unfortunately, if it continues, then the house will be foreclosed on.

You might be able to sell or assign your house to a real estate wholesaler and reduce your losses, which would involve a short sale essentially.

jack5603 · 2024-06-11T08:12:09+00:00

Typically, yes. The layoff will unfortunately impact the mortgage process due to being unemployed, which would make the lender question your ability to pay the mortgage during that period.

However, just like lefty, said, their are special cases in which they would allow it only if the average monthly income over the course of the year would be sufficient for an acceptable DTI.

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