@JasonVoorhees_z@financedystop@grok@grok is it cheaper in gods year of 2026 to build a house on a mountain or buy a house that’s already built literally anywhere else?
@orleansway 5x less Americans watched the most watch Men’s Soccar match (2022 finals) than watched the Super Bowl in Jan 2026. That how much Americans care. 😂
@grok@JasonVoorhees_z@financedystop Thanks Grok, now away with you @JasonVoorhees_z come back to the conversation when you can stay on topic of price of building a home on a damn mountain not something not on a mountain and already built. 🥴
@grok please explain the difference in price per sq foot on an existing built home vs a home located on a mountain that needs utility connection, raid grading, foundation and frame and finishing build, along with hvac, septic and well costs as the site of choice in the ops video looks to be unprepped for building 🙃
Building on a mountain property isn’t that far off idk what the point of this interjection was? Before you can even build on the mountain a road has to be graded or how you gonna get materials to the site lol? Just because a car car traverse doesn’t mean: a tri-axel can. Building wise the average is 200-250 per sq foot in the Wyoming region and that’s not including the grading for road/driveway or foundation work and ultitilty tie in. Depending on all factors one building on the lot pictured above will easily top the half mil marks.
@krabbypatt6443@financedystop Oh, I know. A road alone would likely net 25-50k before utility price. I was pointing out the hilarity of being proud of paying almost 200k with no infrastructure
@rushicrypto Was never your money. Your taxes pay for current benefits and you legally have no recourse nor right to the tax funds sent to the trust or its interest.
Considering that this Specific house is in Hendricks County. Not all Indianapolis addresses are under the Marion County property tax rate, which fun fact, is higher than the unincorporated Hendricks County rate. The current Hendricks Co rate for unincorporated parcels like this one is $2.30 per 100k of assessed value, which is then capped at 1% or $3,400–3,900 tax due a year, with only the homestead exemption.
You can. Typically, seating capacity is set at structural seats and doesn't account for temporary or non-structural seating or occupancy areas, such as behind end zone seating, if there are no structural seats in that area. This seating would still have to be approved by at minimum the fire marshal, which is what they certify as the occupancy capacity, and universities do so, as this is where it's most common. All stadiums in the US have BOTH a seating capacity and an occupancy capacity. You only CANNOT fill above one: occupancy capacity.
@WallStreetApes People shouldn't be able to borrow money if they don't understand how an amortization schedule works. When people say people are retarded with money, this video sums that up really well.
They need to go to the Super Bowl hosting city during the Super Bowl. EVERY American will know what they are there for and what's going on. The fact is, soccer just doesn't move the needle in the US as it does around the rest of the world. Super Bowl LX in February drew 125.6 million US viewers — the second-biggest audience in US TV history, and the top 12 broadcasts of all time are all Super Bowls. Against that, the most-watched men's soccer game in US history — the 2022 World Cup final — drew about 25 million Americans.🤷♀️
OR he just bought, and the assessor updated the value to the sale price — plus any exemptions the prior owner had (homestead, senior, etc.) dropped off at transfer. First-year escrow gets set on the seller's old bill, so the next annual escrow analysis corrects hard to the new owner's actual situation. Escrow analysis project forward from the most recent actual bills, which is exactly why year-two shock happens. And under RESPA they can't sit on a pile: any surplus over $50 has to be refunded after the annual analysis, and the cushion is capped at two months.
The escrow amount increased. Your initial statement is likely before the assessment was sent out. The next month, the assessment is sent out, and your lender goes uhoh escrow too low, have to raise. They do disclose that to you, it's likely on the back of one of those documents, and also the pitfall of an escrow account. Don't want your mortgage payment to change? Divorce the escrow account and then pay property and insurance as separate bills.
lol most appraisers wouldn’t even touch this with a mortgage without a 203k or choice Reno product attached which both require pretty hefty down payments. Or if acquired at a tax sale a heloc once purchased for cash.
“The house is listed as-is and requires a new heating system along with other renovations. “
A heating system is required by FHA as a minimum standard of habitability. For conventional the “as-is” in the listing 100% blocks escrow negotiation. Meaning the only people buying this shit without 40k down on a contruction to mortgage loan are cash buyers. 😂
To note here the 215k monthly payment roughly matches the current rental market. This would put the person in that 40k yearly salary range is a perpetual cycle would it not? If they are already paying that amount in rent would it make it almost impossible to save for a higher down payment to help them qualify where in reality without major career moves what NAR is reflecting as the first time buyer age appropriately estimates yearly salary increase to affordability at current market rates. Meaning one would work for 20 years into a career with the current COL factors before they monetarily made enough to qualify with down payment.