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All Forum Posts by: Cody Thompson

Cody Thompson has started 4 posts and replied 15 times.

Post: HELOC Provider in Utah

Cody ThompsonPosted
  • Real Estate Appraiser
  • Salt Lake City, UT
  • Posts 16
  • Votes 3
Trans West C.U. did my rental HELOC.

Post: Newbie from Salt Lake City

Cody ThompsonPosted
  • Real Estate Appraiser
  • Salt Lake City, UT
  • Posts 16
  • Votes 3
It's a GREAT way to go! I've done it twice now. Once in South Salt Lake and now in the 9th and 9th area. I highly recommend it. Let me know if you have any questions. The community here is great, very responsive and highly intelligent!

Post: Does anyone know what kind of finish this is?

Cody ThompsonPosted
  • Real Estate Appraiser
  • Salt Lake City, UT
  • Posts 16
  • Votes 3

@David Handel The second picture is a profile of the fire place. It looks to me like there is a panel placed over the original brick and then this finish done on the panel. I could definitely be wrong about that. The idea being we want just a standard drywall finish as opposed to the 'Venetian Plaster' you mentioned. We can' tear anything off yet because the appraiser needs to come back through. I think if we just prime and paint it will not bond very well and we would still have the texture showing through. It's not the style we're going for and I think is was done by an amateur. Thanks for the response.

@Marcus Curtis  It does look to be in overall good condition, just not very well executed. We picked up some of supplies last night and will be testing a few areas to see what works best.

@Jonathan Key  Definitely not pretty and definitely not what we are looking for. The property is a mid-century modern and judging by the color choices and the neighbors, the old owner was a bit eclectic. I'll try to get better before pictures as well.

Post: Does anyone know what kind of finish this is?

Cody ThompsonPosted
  • Real Estate Appraiser
  • Salt Lake City, UT
  • Posts 16
  • Votes 3

The second picture is a profile of the fire place. It looks to me like there is a panel placed over the original brick and then this finish done on the panel. I could definitley be wrong about that. The idea being we want just a standard drywall finish as oppsoed to the 'Venetian Plaster' you mentioned. We can' tear anything off yet because the appraiser needs to come back through. I think if we just prime and paint it will not bond very well and we would still have the texture showing through. It's not the style we're going for and I think is was done by an amateur. Thanks for the response. 

Post: Does anyone know what kind of finish this is?

Cody ThompsonPosted
  • Real Estate Appraiser
  • Salt Lake City, UT
  • Posts 16
  • Votes 3

This are interior walls in a property  we just purchased and are in the process of rehabbing. The house was originally built in 1960 so I don't know if this was popular at that time or sometime later. We are trying to find out the best/cost effective way to refinish or remove. 2 of the photos are of the fire place and it looks like this may be a panel that was placed over the original drywall and then finished. Any ideas would be greatly appreciated.

ated. Thanks! 

Sorry the photos were taken at night and in poor lighting. 

Post: Frank Lloyd Wright tour

Cody ThompsonPosted
  • Real Estate Appraiser
  • Salt Lake City, UT
  • Posts 16
  • Votes 3

We did the architectural boat tour last time we were out there. Now I know what I'm doing next time. That city is AWESOME. Thanks for posting!

Post: Low hot water pressure in upstairs unit

Cody ThompsonPosted
  • Real Estate Appraiser
  • Salt Lake City, UT
  • Posts 16
  • Votes 3

Wow! Thank all of you for the suggests and responses. It is just the hot water, and as far as I know only the one unit so that narrows down of few of the suggestions above. @Bill S. thank you for your response and while yes it was a bit long is a course in plumbing I think will come in handy now and down the road in many ways!

Post: Low hot water pressure in upstairs unit

Cody ThompsonPosted
  • Real Estate Appraiser
  • Salt Lake City, UT
  • Posts 16
  • Votes 3

I have have a duplex that was converted into 4 units. The added upstairs unit has very low hot water pressure because the hot water heater to all units are in the basement. Any suggestions or contraptions I may be able to install to remedy the situation??

Post: Owner Occupied HELOC on 4 units

Cody ThompsonPosted
  • Real Estate Appraiser
  • Salt Lake City, UT
  • Posts 16
  • Votes 3

Wells Fargo will do a 70% LTV, thanks anyways :)

Post: Owner Occupied HELOC on 4 units

Cody ThompsonPosted
  • Real Estate Appraiser
  • Salt Lake City, UT
  • Posts 16
  • Votes 3

I am looking for a lender that offers an equity line on a 4unit property I owner occupy. I read a previous post about TD bank offering them on non oo but they are not in my state of Utah. I have called a few locals and portfolio lenders but to no avail as of yet. Any direction would be great, thanks!