I have the option to knock out a wall of a large closet off the full bathroom on the 2nd floor, extending the bathroom and allowing for a walk in shower and separate soaking tub.

It's like winning a big in blackjack and sticking around a bit longer for fun or extend the streak a bit more.If I had to start now, I would have to think about buying at near peak and see what upside do I have.Terry

What if the house sits on the market for an extended period of time and the current owners blame the renovation for this?

Most of the lenders in the Seattle area will charge a pt for every 45 days (or 2pts for 3 months) to extend.

This would extend the payoff dates another 10 years.

Even though it was going to be a fairly short duration, less than 2 years, I didn't want my housing allowance going toward rent.

That means to maintain status quo of having $100K income I would still be making my minimum payments on each property for the duration of their loans which means I would be 70 years old by the time I make my final payment (i.e.

An amazing backyard w/ an extended covered patio w/ 2 fans, RV gate, grassy area, fenced in pool, outdoor shower, storage house + 2 car garage w/ built in cabinets.

An amazing backyard w/ an extended covered patio w/ 2 fans, RV gate, grassy area, fenced in pool, outdoor shower.

This is a post-closing penalty charged by the Escrow Administrator to extend the renovation period beyond the maximum renovation term of 180 days in the event renovation is not completed within agreed upon terms.