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moneymaker
ParticipantOptimizer looks like a central inverter to me. I’ve read there are panels that backfeed into a standard wall plug. Next thing you know people will be running them from the roof down through open windows like I’ve seen people do for their satellites. Scary!
ParticipantI prefer the micro myself and that’s what we went with. Over 2 years with absolutely no problems using Enphase micro-inverters.
ParticipantIs it still $2? Wow haven’t bought that in a while but do remember it being pretty good for $2. RIP http://vinepair.com/booze-news/two-buck-chuck-is-done/
ParticipantI don’t think an ARM would do it as rates are at all time lows. Just locked today at 2.625% (2.691% APR), crazy if you ask me but what do I know. Having a HELOC never really was a problem and ETF on it was never raised as an issue. Dropped the mortgage payment by $155 on a 15 year.
Participant86
is that good?ParticipantStill waiting on them to close. Just did a phone call the other day to explain that the Amex to Citi switch was not my idea, it was Costco’s. Anyway not sure if it is the 5th or 6th person I’m dealing with they even contract out there credit checking stuff which is weird but when I think about it makes sense in order to keep fraud to a minimum I suppose. Will update when I know more.
Participant[quote=kev374]I beg to differ… I think speculation is rampant in this market and investors/speculators can exit the market and dump their assets with the same intensity as what happened in 07-08.
Many of these properties are linked to returns on funds and if there is a economic downturn and the assets are not performing it will be time to liquidate/shutdown as people pull money out of the funds.
I see a lot of people in the media say it’s not like the last time just because NINJA loans are absent.. that is hogwash. Bubbles can be caused in a variety of ways..the common denominator being speculative greed. It does not matter if it’s the investor leveraging credit or the common man doing it by taking NINJA loans.[/quote]
Totally agree investors are chasing returns and when that starts to turn there will be a run by most, not all, but enough to cause a crash. Just like in the last bubble burst, not everyone lost there place though at times it seemed like it.ParticipantGood call flu,
Have always had a little trouble with laying off people while making profits and stock going up. I guess employees are a liability, especially in sue happy California.ParticipantWhen you consider the average person out there it is kinda scary driving. 38 years of driving with no major (injury) accidents to me is just dumb luck on my part. Anytime you are driving down an undivided road you are at the mercy of a stranger going the other way. I try not to think about that reality though, otherwise I would be scared to drive.
ParticipantHow about “waiting for the big one”, then it could refer to almost anything. How’s that for vague!
ParticipantIf those numbers are correct then rent went down slightly in the summer of ’09 and recovered within a year and has not gone down since. Sounds like a good bet to me!
ParticipantJust to shed a little light original loan 3.5%, HELOC was at 4.5%, then went up to 4.75% with the last rate hike,so will be rolling the 2 together at 2.625% (APR 2.699%), seems like a no brainer but did not know about $500 ETF until after starting process (I know it was disclosed originally, just didn’t really think i would be refi’ing again).Second is with the same lender as the first. I’m hoping I won’t be forced to close the second when I refi, although that was my intention to begin with.
ParticipantYes the second is a HELOC, it was to purchase solar, so if it costs $250 to subordinate or $500 for ETF I guess the difference is kinda small. I was hoping to not have to pay anything like most people. I guess if I don’t like the final mortgage contract I can spin the interest rate wheel and hope we go down even more. Thanks all for your input, it is stuff like this that needs to be taught to our high school kids before they graduate. I don’t regret buying solar or refinancing twice but I’ll have to admit I didn’t see this coming, who knows it may not be a problem at all. By the way HLS the loan people have not brought it up but we all know how they like to spring things on us at last minute, we have been conditionally approved and are at the underwriting/funding stage.
ParticipantIf I take option 3b and leave the line open does that mean no early termination fee? If that is the case then I’m good and was worrying over nothing.
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