NLXSK1
Well-Known Member
You can eliminate your mortgage insurance the moment you reach 20%. No waiting needed.... Unless you have a pre-payment penalty.
Have you owned a business/company?
- Thread starter Padawanbater2
- Start date
Rob Roy
Well-Known Member
UncleBuck
Well-Known Member
and you suck so bad at it that you needed to take out a loan just to cover your fucking living expenses.
that is pathetic beyond words.
UncleBuck
Well-Known Member
why is it racist for the government to keep track of what races live where?
do you have any idea why they even do that?
fuck, as a home inspector, you can't even answer basic questions about what a home's relative humidity should be.
i highly doubt that you are a home inspector.
Not GOP
Well-Known Member
With a FHA loan, a person must wait 5 years before eliminating mortgage insurance, regardless of principal still owed.
ThickStemz
Well-Known Member
Why don't you open one. It would be interesting to see if you had a modest amount of success if you could maintain your political views.
It's easy for someone like Zuckerberg or Buffet to be a liberal. But a modest small business might change your mind on a lot of your preferred policies.
bearkat42
Well-Known Member
Translation: With smaller, modest businesses it's easier to discriminate. You've been exposed.
ChesusRice
Well-Known Member
Back in the 80s and 90s I was building houses. There were no home inspectors except for municipalities that would do it for code reasons on new construction. I came up with a brilliant Idea. I would inspect houses and charge people for it. I told my father about it. He said it was a stupid idea. That people who buy houses look at it themselves. So I agreed with him.
Stupid mistake. Now it is not only a good idea. It is mandatory to have a home inspection
Uncle Ben
Well-Known Member
If you got a 3.5% APR loan, you're on a roll.
If folks haven't taken this golden opportunity to buy real estate at record low rates with the benny of using someone else's money, they are losers (literally).
....and if you haven 't refinanced that 6.5% note by now........
Uncle Ben
Well-Known Member
Where? Not in Texas it isn't, then again we don't like others telling us what to do. If the mortgage company, the company financing the deal requires a home inspection like they do with Title Insurance, survey, termite inspection, etc. then that's different. If you want their money, then you gotta pay the man.
londonfog
Well-Known Member
Texas sucks Uncle Ben and it smells like cowshit.
ChesusRice
Well-Known Member
I forgot.
The one half of 1 percent of people that pay cash for their homes, dont get a title service involved and don't plan on getting insurance. Don't need a home inspection
The one half of 1 percent of people that pay cash for their homes, dont get a title service involved and don't plan on getting insurance. Don't need a home inspection
Red1966
Well-Known Member
I think all the home inspectors in my area are independent, not employees, so they get the entire fee.
Red1966
Well-Known Member
The seller paid for my title insurance, I bought home insurance, a survey, and a home inspection. Not insuring the single largest asset most people own would be foolish.
Red1966
Well-Known Member
While your financier may require one, there is no law requiring it.
nitro harley
Well-Known Member
CheesyO, I paid cash for my Hawaii home and I went to a title company to make sure I have a clean title on the property. And the home inspection was my choice and the insurance. And a survey is also important to me, because I experienced set back problems with one house I was looking at and the owner didn't disclose the set back problem until I discovered it. So you just can't trust anybody.
budlover13
King Tut
As a former land survey crew chief, I have seen some pretty gnarly issues arise from not having a property surveyed before purchase. Probably the worst was a guy losing a 10' wide strip along what he thought was his east property line. As it turned out, his house well ended up right on the property line. He was lucky enough to have a neighbor that was willing to let the well stay and just adjust his fenceline around it. The guy still 'lost' almost 4000 sq ft of property that he thought was his and had to move a shed.
Uncle Ben
Well-Known Member
I thought you were a builder?
For starts, It's not "title service", it's "title insurance", an insurance policy. Financed or cash, there's usually a (clear) Title insurance policy that's involved which involves an extensive records search forward and reverse for past and present liens, encumbrances, property boundary breaches, heirs who got things screwed up when they shouldn't have 60 years ago, etc. All financial institutions are gonna require Title Insurance as they should, it's their money. They don't want to find out there's a mechanic's lien still out there from 50 years ago. And if you paying cash and don't require the seller to pay for a policy, you're stupid. I should know. I recently sold some property, cash deal. Buyer wanted a Title Insurance policy, as he should. I the seller paid for it as is the custom.
NLXSK1
Well-Known Member
My best friend was a liberal. He started his own business. It is amazing to watch how fast someones views can change ;]
NLXSK1
Well-Known Member
He would have told you selling bottled water was a stupid idea too...
You could still become a home inspector. Unfortunately, like other peoples wages the fees have not increased over 10 years so what was once a really great job is a great job when you can keep busy with work.