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09-18-2020, 09:42 PM | #4151 | |
Scooby Newbie
Member#: 203905
Join Date: Feb 2009
Location: MI
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09-18-2020, 09:46 PM | #4152 |
Scooby Newbie
Member#: 171486
Join Date: Feb 2008
Chapter/Region:
International
Location: Hiding from The Google
Vehicle:2019 911 GTS Silver |
If it is registered with the town/city as being permitted to have short term rentals regardless of what the HOA does/allows than my bank won't finance it.
Apparently when a condo unit goes up they register with the town if short term rentals are allowed or not. |
09-19-2020, 09:06 AM | #4153 | |
Scooby Specialist
Member#: 17256
Join Date: Apr 2002
Chapter/Region:
South East
Location: America's Outback
Vehicle:18 Outback on the road.... |
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09-19-2020, 03:45 PM | #4154 |
Scooby Newbie
Member#: 171486
Join Date: Feb 2008
Chapter/Region:
International
Location: Hiding from The Google
Vehicle:2019 911 GTS Silver |
There may be other banks in town that will offer a mortgage for a property that permits STRs.
Waiting to hear if the condo we want was registered initially to permit STRs. The condo association does not permit STRs, but who knows how the developer registered with the town. |
10-03-2020, 10:19 AM | #4155 |
Scooby Guru
Member#: 92634
Join Date: Aug 2005
Chapter/Region:
RMIC
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Compressed:
https://www.zillow.com/homes/for_sal...2%7D&3col=true That one's going to go super fast. |
10-03-2020, 08:41 PM | #4156 | |
Scooby Newbie
Member#: 93830
Join Date: Aug 2005
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10-04-2020, 01:52 PM | #4157 | |
Scooby Newbie
Member#: 12271
Join Date: Nov 2001
Location: Colorado
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10-04-2020, 01:56 PM | #4158 |
Scooby Specialist
Member#: 64196
Join Date: Jun 2004
Chapter/Region:
RMIC
Vehicle:2010 Family Sedan |
And it's way too ****ing big.
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10-04-2020, 02:16 PM | #4159 | |
Scooby Guru
Member#: 92634
Join Date: Aug 2005
Chapter/Region:
RMIC
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Quote:
Yeah, there is lots of wasted space in that layout. But it'd be nice to sprawl out in, and sounds well insulated. |
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10-04-2020, 02:19 PM | #4160 |
Scooby Specialist
Member#: 64196
Join Date: Jun 2004
Chapter/Region:
RMIC
Vehicle:2010 Family Sedan |
I wonder how well Trex holds up in that harsh of a climate.
Pretty nice area but the photos maybe don't do it justice (looks kind of flat, barren). I remember spots closer to Winter Park looking a bit more forested and mountainous. |
10-04-2020, 02:28 PM | #4161 |
Scooby Specialist
Member#: 90804
Join Date: Jul 2005
Chapter/Region:
SCIC
Location: SFV
Vehicle:2021 Ascent 2012 Accord |
Shouldn't Trex be better in extreme conditions? I mean otherwise what is the point?
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10-04-2020, 02:53 PM | #4162 |
Scooby Guru
Member#: 92634
Join Date: Aug 2005
Chapter/Region:
RMIC
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Yeah, that particular area is flat from Fraser out to Granby. The really nice places up Vasquez Rd by Winter Park proper that are all nestled in the forest are more expensive (while still requiring a crowded shuttle or a drive in) and have high HOAs, though.
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10-04-2020, 02:55 PM | #4163 |
Scooby Specialist
Member#: 64196
Join Date: Jun 2004
Chapter/Region:
RMIC
Vehicle:2010 Family Sedan |
Well, yeah, it's better than wood but I imagine it still gets beat up and degrades. There's a boardwalk area around a mountain lake near us that's covered in 20' of snow each year and I think it's a Trex-like material that looks awful after a few years.
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10-04-2020, 03:35 PM | #4164 |
Scooby Newbie
Member#: 126425
Join Date: Sep 2006
Chapter/Region:
SWIC
Location: Lake Havasu City, AZ
Vehicle:2021 Forester Sport Grey |
So, back in January I moved from Phoenix to Hot Springs, AR. I briefly looked at selling my condo in Phx before I left, but didn't have enough time and wasnt sure how long I'd be living in HS for. I had talked with Open Door about directly selling it, they offered me $129k for it, at the time it was worth probably around $132k.
I passed on that because I ended up renting it out via AirBnB, but now I am pretty sure I am going to be living in HS for awhile so I am going to sell. Out of curiosity, I checked back with OD and their offer is now $140k. The Market in Phx is pretty hot right now, so when I go to List it, I stand to make some decent coin. Not really seeking advice, just sayin' :P |
10-04-2020, 03:44 PM | #4165 |
Scooby Specialist
Member#: 90804
Join Date: Jul 2005
Chapter/Region:
SCIC
Location: SFV
Vehicle:2021 Ascent 2012 Accord |
No interest in keeping it as a rental?
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10-04-2020, 03:58 PM | #4166 |
Scooby Newbie
Member#: 126425
Join Date: Sep 2006
Chapter/Region:
SWIC
Location: Lake Havasu City, AZ
Vehicle:2021 Forester Sport Grey |
I mean I kinda do. But, my HOA is a pain in the arse.
It's a nice gated community in N Phoenix, mostly older Snowbirding Canadians. Current HOA rules are, 1 month min on Rentals, 6m max in a given year. They tried to pass a rental fee last year, but ended up with a "tell us who is living in your house" rule instead. With the equity and the current home values, I think I can sell and get a nice down payment on a house/condo on the lake here. |
10-04-2020, 04:00 PM | #4167 |
Scooby Specialist
Member#: 90804
Join Date: Jul 2005
Chapter/Region:
SCIC
Location: SFV
Vehicle:2021 Ascent 2012 Accord |
Oh, so can't do a yearly lease? Nevermind then, not worth it.
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10-04-2020, 04:06 PM | #4168 |
Scooby Newbie
Member#: 126425
Join Date: Sep 2006
Chapter/Region:
SWIC
Location: Lake Havasu City, AZ
Vehicle:2021 Forester Sport Grey |
I had renters in there from April to the end of Nov. When HOA found out they wanted to know who they were and if I knew I was in violation of the rules. I said 1) They are family, 2) I cant be in violation if I am not taking rent from them. The Manager was like, "oh, that's a good way to do it." Mic Drop
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10-05-2020, 02:50 PM | #4169 |
Scooby Guru
Member#: 2973
Join Date: Nov 2000
Chapter/Region:
MWSOC
Location: Inverness, IL
Vehicle:2018 Camaro ZL1 1LE Red |
Almost through underwriting for our refinance! Going to take 6 years to break-even vs the 46k we are bringing to closing but whatever, at least we'll end up with no subordinate financing to deal with.
Only took 42 unique documents to be uploaded for the refinance vs 73 documents for the original mortgage. Also only managed 2.99% for a 30 year, but whatever to that as well. Beats the 4.25% we had! |
10-05-2020, 03:41 PM | #4170 | |
Scooby Specialist
Member#: 47143
Join Date: Nov 2003
Location: Toronto
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10-05-2020, 05:52 PM | #4171 |
Scooby Newbie
Member#: 126425
Join Date: Sep 2006
Chapter/Region:
SWIC
Location: Lake Havasu City, AZ
Vehicle:2021 Forester Sport Grey |
I dont really want to own multiple properties in multiple states. I dont think I am ever going back to AZ since my job took me to AR.
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10-05-2020, 05:52 PM | #4172 | |
Scooby Guru
Member#: 92634
Join Date: Aug 2005
Chapter/Region:
RMIC
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10-05-2020, 09:32 PM | #4174 |
Scooby Specialist
Member#: 21356
Join Date: Jul 2002
Chapter/Region:
NESIC
Location: Can't catch me!
Vehicle:2017 Subaru Corolla STI Limited SE-R Type (R) |
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10-05-2020, 09:45 PM | #4175 | |
Scooby Newbie
Member#: 12271
Join Date: Nov 2001
Location: Colorado
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I'm not the least bit surprised either. It had been under contract already IIRC.
Yep. Quote:
This place went under contract in 5 days @ 1.5M https://www.coldwellbankerhomes.com/.../pid_38059876/ Doug that place is nice. |
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