In like Flynn baby!!! (Severe 56k warning) - Page 13 - GM Forum - Buick, Cadillac, Chev, Olds, GMC & Pontiac chat


Lounge For casual talk about things unrelated to General Motors. In other words, off-topic stuff. And anything else that does not fit Section Description.

Reply
 
 
 
Thread Tools Search this Thread
Old 08-14-2006, 12:19 PM   #121
Senior Member
True Car Nut
 
Join Date: Oct 2005
Location: Central Florida
Posts: 7,030
Thanks: 0
Thanked 0 Times in 0 Posts
lash is on a distinguished road
Default

Quote:
Originally Posted by J Wikoff
Yeah, gotta step over. That is our own doing. We had that linen closet added in the space that would have been an open side to the tub.
Oh. Just don't slip...
lash is offline   Reply With Quote
Old 08-14-2006, 12:20 PM   #122
Senior Member
Certified Car Nut
Thread Starter
 
Join Date: Mar 2003
Posts: 12,432
Thanks: 0
Thanked 0 Times in 0 Posts
J Wikoff is on a distinguished road
Default

Vinyl. It'* our first house... can't tile everything just yet.

Hell, maybe they'll screw up again and hardwood the entire damn house.
J Wikoff is offline   Reply With Quote
Old 08-14-2006, 01:36 PM   #123
Senior Member
True Car Nut
 
Join Date: Oct 2005
Location: Central Florida
Posts: 7,030
Thanks: 0
Thanked 0 Times in 0 Posts
lash is on a distinguished road
Default

Tile can always be added at a later date as budget allows. Vinyl is the right approach to start, IMO. Plus some of the vinyls today are very high quality and last a good long time with minimal maintenance.
lash is offline   Reply With Quote
Old 08-14-2006, 01:52 PM   #124
Senior Member
Certified Car Nut
 
Join Date: Jul 2003
Location: Robbinsdale, MN
Posts: 15,408
Thanks: 0
Thanked 0 Times in 0 Posts
MOS95B is on a distinguished road
Default

Just check to see how it'* installed. The new trend is to just glue down the edges. Seems to work fine until you move something heavy across the middle, it catches, and stretches or tears the vynil.
MOS95B is offline   Reply With Quote
Old 08-14-2006, 02:01 PM   #125
Senior Member
True Car Nut
 
Join Date: Jan 2003
Location: Bonney Lake/Ellensburg, Washington- WCBF '04, '05, '06, '07 Survivor-
Posts: 7,098
Thanks: 0
Thanked 0 Times in 0 Posts
driverjohn2005 is on a distinguished road
Default

Nice landscaping! J/k House looks great!
driverjohn2005 is offline   Reply With Quote
Old 08-14-2006, 04:49 PM   #126
Senior Member
True Car Nut
 
Join Date: Jul 2004
Location: Twin Falls, Idaho
Posts: 7,545
Thanks: 0
Thanked 1 Time in 1 Post
Hans is on a distinguished road
Default

how does the mortgage thing work on a new house? always wondered that. what sorta down payment did you have to put down?


I'm sorta thinking about getting a house once I stop buying toys and bonneville parts, paying $500 a month in rent gets old when it all gets thrown away and I could have a half decent house for $700 a month.
Hans is offline   Reply With Quote
Old 08-14-2006, 05:01 PM   #127
Junior Member
 
Join Date: Mar 2003
Location: Purgatory
Posts: 0
Thanks: 0
Thanked 0 Times in 0 Posts
vital49 is on a distinguished road
Default

Quote:
Originally Posted by Hans
how does the mortgage thing work on a new house? always wondered that. what sorta down payment did you have to put down?
The process is somewhat the same...

You get a construction loan. Typically you have to show the bank your drawings, the intentions of the building, etc. They'll approve you up to a certain amount (dependant on your credit, down payment, etc.).

You have a closing based on that set amount. The bank holds the money, however. The contractor will then work with you and the bank to get a "draw". Over the course of a new construction home, most banks limit to 5 draws, or withdraws from the loan you have initiated. So, on a 100K loan, the average draw would be 20K.

Once all the draws are done and the home has been completed and final inspection approved, the loan is converted to a "perm". In the business we call it a construction-perm conversion. The home is basically refinanced at a lower interest rate with conventional terms (30 year fixed, etc.). Construction loans always have a higher interest rate than a conventional note. The downside is you have to pay the closing costs on the conventional loan AND the constuction loan. It can be costly!
vital49 is offline   Reply With Quote
Old 08-14-2006, 05:21 PM   #128
Senior Member
Certified Car Nut
Thread Starter
 
Join Date: Mar 2003
Posts: 12,432
Thanks: 0
Thanked 0 Times in 0 Posts
J Wikoff is on a distinguished road
Default

We handled this one like an exsisting spec home. Told them what we want, and gave them more earnest money than typical. We avoided the construction loan and any leins or other labor complications were not our financial responsibility.

The house is an exsisting floorplan that a builder is using in the area, so far there is less than a handful of them. We chagned some odds and ends, moved some doors and stuff.
J Wikoff is offline   Reply With Quote
Old 09-04-2006, 03:08 PM   #129
Senior Member
Certified Car Nut
Thread Starter
 
Join Date: Mar 2003
Posts: 12,432
Thanks: 0
Thanked 0 Times in 0 Posts
J Wikoff is on a distinguished road
Default

ALMOST DONE!!!!!!!! We close on the 15th.

Carpet, appliances, sod, miscellaneous finishing... should all be done this week. We do official walk-throughs next week.































J Wikoff is offline   Reply With Quote
Old 09-04-2006, 03:12 PM   #130
Senior Administrator


Certified Car Nut
 
Mike's Avatar
 
Join Date: Jul 2003
Location: Horseheads, NY
Posts: 15,639
Thanked 993 Times in 771 Posts
Mike has a reputation beyond reputeMike has a reputation beyond reputeMike has a reputation beyond reputeMike has a reputation beyond reputeMike has a reputation beyond reputeMike has a reputation beyond reputeMike has a reputation beyond reputeMike has a reputation beyond reputeMike has a reputation beyond reputeMike has a reputation beyond reputeMike has a reputation beyond repute
Default

Please don't tell me they used what looks like particle board for your basement steps?
Mike is online now   Reply With Quote
 
 
Reply

Related Topics
Thread Thread Starter Forum Replies Last Post
Dramatic Chipmunk Vs. German kid(severe language warning!!!) MyLittleBlackBird Lounge 2 10-08-2007 12:14 PM
Tom Clancy, Vince Flynn fans? chadow427 Lounge 5 11-02-2006 12:16 AM
You thought you could carve wood? Severe 56k discrimination Mr Bean Lounge 17 10-14-2005 11:47 AM
MAJOR 56K WARNING :) ..yeah baby. BonneAlien Your Ride: GM Pictures & Videos 30 10-27-2003 10:57 PM
Warning Warning Warning !!! Update pics Jeep2Bonny General GM Chat 17 08-25-2003 02:19 AM


Thread Tools Search this Thread
Search this Thread:

Advanced Search

Posting Rules
You may not post new threads
You may not post replies
You may not post attachments
You may not edit your posts

BB code is On
Smilies are On
[IMG] code is On
HTML code is Off
Trackbacks are Off
Pingbacks are Off
Refbacks are Off



All times are GMT -4. The time now is 05:28 PM.


We are a participant in the Amazon Services LLC Associates Program, an affiliate advertising program designed to provide a means for us to earn fees by linking to Amazon.com and affiliated sites.