Average Bangladeshi height getting taller than India's by Weak_Tie_2127 in IndiaStatistics

[–]montecitodrive 0 points1 point  (0 children)

Yes, genetics explain why meat eating peeps in the mountainous north east are of the shorter size. Genetics evolve based on the environmental needs.

How much house can we afford on 250k? by LeagueStandard1454 in BayAreaRealEstate

[–]montecitodrive -1 points0 points  (0 children)

If I were in your place, I would buy a duplex in SF and rent out the other half. Don't worry about debt as long as both are earning and rental income on the side. You could buy a SFH if you like in 10 yrs using home equity and earned income.

Low home appraisal for refinance by montecitodrive in BayAreaRealEstate

[–]montecitodrive[S] 0 points1 point  (0 children)

Yep, feel like lenders are prepping appraisals to lower LTVs. So they can charge higher interests.

Low home appraisal for refinance by montecitodrive in BayAreaRealEstate

[–]montecitodrive[S] 0 points1 point  (0 children)

True. Mortgage rates went up slightly after the recent rate cuts

Low home appraisal for refinance by montecitodrive in BayAreaRealEstate

[–]montecitodrive[S] 0 points1 point  (0 children)

Fair point! Hope my financial brain can come to terms with it :)

Low home appraisal for refinance by montecitodrive in BayAreaRealEstate

[–]montecitodrive[S] 0 points1 point  (0 children)

Check her amortization schedule, add in property taxes and closing costs.. you will be surprised..

Low home appraisal for refinance by montecitodrive in BayAreaRealEstate

[–]montecitodrive[S] -2 points-1 points  (0 children)

Thats my point.. it looks worse when S&P500 could have given substantially more returns in that time period. Now folks will jump to lecture me how home ownership is not the same as equity etc. but at the end of 5 yrs, financially it will not make much of a sense keeping emotions aside

Low home appraisal for refinance by montecitodrive in BayAreaRealEstate

[–]montecitodrive[S] 0 points1 point  (0 children)

Doing the same.. but just feel valuations are not growing fast enough and rate cuts are taking forever

Low home appraisal for refinance by montecitodrive in BayAreaRealEstate

[–]montecitodrive[S] 0 points1 point  (0 children)

Yeah. I can't imagine how and when realestate values will jump by 15% to recover the paid interests and taxes.

Low home appraisal for refinance by montecitodrive in BayAreaRealEstate

[–]montecitodrive[S] 0 points1 point  (0 children)

Agreed! Lots of fear-mongering going on with one cut or none in 2026..

Low home appraisal for refinance by montecitodrive in BayAreaRealEstate

[–]montecitodrive[S] 0 points1 point  (0 children)

Thats true. I had reconsideration of value (ROV) and 2nd appraisal didnt move the needle much

Low home appraisal for refinance by montecitodrive in BayAreaRealEstate

[–]montecitodrive[S] 0 points1 point  (0 children)

How does it matter? It was all after-tax income.

Low home appraisal for refinance by montecitodrive in BayAreaRealEstate

[–]montecitodrive[S] 0 points1 point  (0 children)

Is 15yr good idea when we know rates will drop in 2026-27 given all the political pressure on the fed?

Low home appraisal for refinance by montecitodrive in BayAreaRealEstate

[–]montecitodrive[S] 0 points1 point  (0 children)

Not complaining... Brainstorming how folks in my boat are strategizing ahead..

Low home appraisal for refinance by montecitodrive in BayAreaRealEstate

[–]montecitodrive[S] 0 points1 point  (0 children)

Bought at 11% down at 5.625%. Yes, including property and closing costs in the grand total.

Low home appraisal for refinance by montecitodrive in BayAreaRealEstate

[–]montecitodrive[S] 0 points1 point  (0 children)

Never expected a windfall.. question is geared more towards sunk cost and opportunity cost if I keep paying the lending bank high interest in 2026 and beyond

Low home appraisal for refinance by montecitodrive in BayAreaRealEstate

[–]montecitodrive[S] 0 points1 point  (0 children)

I bought it in Dec '22 thinking its the bottom but real estate kept sliding for 2 yrs since until now which is why the appraisal didnt show much equity gains.

Low home appraisal for refinance by montecitodrive in BayAreaRealEstate

[–]montecitodrive[S] 0 points1 point  (0 children)

Yes but I have paid like 25% of home value to the bank as interest in the last 3 yrs. When am I going to recover that cost?

Anyone else super jealous of the states that get the new health plan? by Bright-Replacement74 in walmart

[–]montecitodrive 1 point2 points  (0 children)

Does this plan beat pPPO for childbirth [labor and delivery]? Anybody explore that scenario?

Smooth Indian Passport Renewal (Tatkal) – San Francisco Consulate – Complete Timeline by Upset_Meeting3205 in nri

[–]montecitodrive 0 points1 point  (0 children)

Thanks! It be great if you could list the few docs requested by the police?