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13 May 2021 | 4 replies
Lumber is at $1500-1600 now compared to $450 or so a year ago.
15 May 2021 | 6 replies
Preferred lender offering 3.125% interest rate.Payment Breakdown:Principal and Interest: 1321PMI: 59Tax: 253Homeowners Insurance: 33Condo Fee: 400Total Monthly: 2066 (27.5% gross monthly income)While I am increasing my housing costs by a significant factor compared to renting, it’s right at part of the recommended 28% of monthly gross income.
27 May 2021 | 5 replies
Preferred lender offering 3.125% interest rate.Payment Breakdown:Principal and Interest: 1321PMI: 59Tax: 253Homeowners Insurance: 33Condo Fee: 400Total Monthly: 2066 (27.5% gross monthly income)While I am increasing my housing costs by a significant factor compared to renting, it's right at part of the recommended 28% of monthly gross income.
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19 June 2021 | 4 replies
Have you compared the interest rates in this program?
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19 May 2021 | 12 replies
Your best solution is to analyze the home as a rental yourself by comparing it to other comparable homes on the market.
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29 May 2021 | 9 replies
Has anything changed compared to pre-pandemic?
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25 May 2021 | 5 replies
The residents typically know how their current lot rent compares to nearby parks and if you adjust to market-rate I doubt it would be a surprise.
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14 May 2021 | 2 replies
The property values are overall still lower compared to other neighborhoods of equal distance to the downtown.
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17 May 2021 | 5 replies
From there, it's just a math equation comparing that interest cost to the closing costs.
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31 May 2021 | 108 replies
Admittedly, I don't think it is as nice, but for a rental and compared to what you have there, it will be an upgrade.