Edmunds Members - Cars and Conversations

kyfdx · October 2020

dad23 said:
We would have had PMI on our first house but our lender suggested we take out a small 2nd that covered the difference which we paid off pretty aggressively. I would have never thought about that option. Thankfully, we never had to worry about PMI with our last two houses.

When we sold our house in 1998, the buyer did an 80/10 1st/2nd mortgage with 10% down, to avoid PMI. Smooth move.

Michaell · October 2020

kyfdx said:

dad23 said:
We would have had PMI on our first house but our lender suggested we take out a small 2nd that covered the difference which we paid off pretty aggressively. I would have never thought about that option. Thankfully, we never had to worry about PMI with our last two houses.
When we sold our house in 1998, the buyer did an 80/10 1st/2nd mortgage with 10% down, to avoid PMI. Smooth move.

Hmm, wish our mortgage broker had suggested that. We went in with 10% down on the house we currently live in.

houdini1 · October 2020

abacomike said:
Well, I just started two new insurance policies that together saved me about $800 annually on Auto and Condo. Auto is underwritten by Allstate and Condo is underwritten by Castle Key Insurance Company, a wholly owned subsidiary of Allstate. I went ahead and cancelled the Condo policy effective today because I received a binder from the Agent. I cancelled the Auto policy with Geico effective 10/22/20 which is when the new policy takes effect.

Hopefully I made the right decisions regarding my insurance coverages - only time will tell.

I don't think I have ever heard anything bad about Allstate so you should be fine.

qbrozen · October 2020

explorerx4 said:
Isn't PMI paid when you don't have 20% or so equity?

I recently found out it is not so simple. I've never personally paid PMI, but when my brother and his girlfriend were in the process of buying my parents' house, they asked me to look over all the paperwork. House appraised at $360k and they were borrowing $175k. Yes, less than 50%. Yet, they are getting charged PMI! I called the broker and he explained that the loan is so tricky because he doesn't have provable income and her credit is so bad, so he had to go with the one lender who would actually take the deal, and they insisted on PMI. It makes NO sense to me whatsoever, but no amount of arguing was making it go away.

andres3 · October 2020

qbrozen said:

explorerx4 said:
Isn't PMI paid when you don't have 20% or so equity?
I recently found out it is not so simple. I've never personally paid PMI, but when my brother and his girlfriend were in the process of buying my parents' house, they asked me to look over all the paperwork. House appraised at $360k and they were borrowing $175k. Yes, less than 50%. Yet, they are getting charged PMI! I called the broker and he explained that the loan is so tricky because he doesn't have provable income and her credit is so bad, so he had to go with the one lender who would actually take the deal, and they insisted on PMI. It makes NO sense to me whatsoever, but no amount of arguing was making it go away.

Cash is KING! Except when trying to buy an Alltrack in Arizona apparently.

qbrozen · October 2020

When buying our 2nd home in 2004, we did the mortgage/HEL trick. For our current home, I borrowed a good bit of the 20% down payment from my 401k since we weren't selling our other house.

explorerx4 · October 2020

@qbrozen,
There is always the outlier situation but doesn't apply to the other 99%.

stickguy · October 2020

I think the 20% is just the rule of thumb. PMI is really just something to cover the lenders exposure in case you do pay and they have to repo the house and deal with it. So in the QB situation, it makes sense in theory.

the problem to me is using % and not $ amount. why is 20% of 200K ($40,000) enough, but 15% of 600K ($90,000) not?

Michaell · October 2020

I think our PMI only runs for 5 years, or if we refi and meet the 80% LTV ratio.

explorerx4 · October 2020

@stickguy,
I would say the higher the home price, the more the market value variability.

imidazol97 · October 2020

We've seen the Walmart shopper photos.

Here's a Dollar General shopper. Here kitty, kitty, kitty...

Photos from Floyd County Sheriffs department facebook--Kentucky.

Young bobcat.

https://www.facebook.com/kyfloydsheriff

omarman · October 2020

I googled the address of that store to see how rural the area is and saw another obscure visitor leaving the Dollar General in Martin, KY.

Not sure what it is but seems to be moving along under its own power.

kyfdx · October 2020

Martin is definitely deep into Appalachia.

oldfarmer50 · October 2020

omarman said:
I googled the address of that store to see how rural the area is and saw another obscure visitor leaving the Dollar General in Martin, KY.

Not sure what it is but seems to be moving along under its own power.

Looks like a 1950 Dodge Coronet.

omarman · October 2020

That's it. Same color too.

ab348 · October 2020

This is definitely not Appalachia, check out this modest little property outside of Philly in Lower Gwynedd Township, PA. The link to the video below is worth watching (turn down the sound) for the impressive drone work. If I read the ad correctly parts of the place go back to the 1700s but it seems to go on forever, a real rabbit warren. I cannot imagine the upkeep required.

Listing link: https://www.hemmings.com/classifieds/real-estate/unspecified/unspecified/2439740.html

Video link: https://www.dropbox.com/s/f4nfhjfkmk1e6up/Meetinghouse-New.mp4?dl=0

I think I'd be quite happy living in the pool house.

explorerx4 · October 2020

Given the style of the house, the washer and dryer are quite jarring.
We are supposed to talk about washers here, right?

bwia · October 2020

I just heard from my Viessmann HVAC guy. I am beginning to think that he is stringing me along since he gave me that tired old excuse that he has been extremely busy and hasn't had the time to work out an estimate. Perhaps it's time to move on but since I don't have an immediate need for a boiler I am willing to give him a chance. Wait in purgatory or move on?

stickguy · October 2020

there are quite a few estates out in that area. That is the main line, where the "old" Philadelphia money congregated. Beautiful area. House is OK. I want the 9+ car garage space. Owner seems to like Fords though.

stickguy · October 2020

poking on Youtube, I discovered a series of videos that some guy did as a documentary, where he just drives through different towns/areas in Appalachia and does some historical commentary on them. Some pretty derelict towns these days.

ab348 · October 2020

explorerx4 said:
Given the style of the house, the washer and dryer are quite jarring.
We are supposed to talk about washers here, right?

According to one of the mods, it is apparently why this board was created. Who knew?

ab348 · October 2020

stickguy said:
there are quite a few estates out in that area. That is the main line, where the "old" Philadelphia money congregated. Beautiful area. House is OK. I want the 9+ car garage space. Owner seems to like Fords though.

That's like the beautiful girl you meet but then discover she has halitosis. :laughing:

roadburner · October 2020

More fun from Criminal Court on Skype...

We had a young lady on the probation revocation docket- very mouthy, wouldn't listen to her attorney or the judge. She kept saying "I want to go to REHAB!!!"- never mind she had been sent to several treatment centers and walked away from all of them. I was waiting for an opportunity to speak so I could refer to the girl as "Ms. Winehouse", and almost simultaneously I received a text from a defense attorney with a link to the Winehouse song Rehab. I told the attorney what I had been planning and she said that she would have completely lost it if I actually had called the girl "Winehouse."

I had another revocation hearing with a notorious attorney that everyone in my area knows- she's the kind of attorney that elicits groans whenever her name is mentioned- lets call her CL(Crazy Lawyer). Anyway, it was a simple revocation, pretty much open and shut- a standard condition of probation is no new criminal convictions- this person had picked up three AND was also running an illegal pull-tab gambling racket on her public FB page(I even had the screenshots). Anyway, I asked my witness(the Probation Officer) at most 5 questions; CL cross examined the PO for maybe 20 minutes, asking all kinds of inane questions. When it was time for closing arguments CL continued on with her obtuse comments. I was all primed to respond with a boatload of caustic and sarcastic comments but the judge ruled for me without giving me an opportunity to respond; I was bummed.

On Wednesdays a lot of the attorneys and the Circuit and District Judges hit a local watering hole to unwind. I told the judge I was disappointed that I wasn't allowed to make a closing argument because I had a lot of sarcastic comments prepared and he laughed and told me that he was certain of that and that's why he didn't give me a chance. I also found out that several people who didn't have cases had signed on to that docket anyway because they had learned that I had a hearing with the Crazy Lawyer and they were hoping for some entertaining fireworks.

bwia · October 2020

I finally received a price quote from my HVAC guy. It will take two days to complete and the cheapest options are:

Option One (installed price $16,335 if signed by 10/21/20 or $17,500)

Navien NCB240 (tankless) 95% efficient with $2,400 rebate
Direct vented, Good brand, great technical support and reliable.
10 year heat exchanger warranty, 5 year parts warranty, 5 YEAR LABOR WARRANTY
---------------------------------------------------------------------------------------------------------------
Option Two (installed price $16,995 if signed by 10/21/20 or $18,219)

Viessmann Vitodens 100 Combi boiler (tankless) 95% efficient, $2,400 rebate
Direct vented
Great option, extremely reliable and bullet proof quality
Easy to service and maintain
Lifetime heat exchanger warranty (must register)
5 year parts warranty (must register), 5 YEAR LABOR WARRANTY

The pricier options with are $19,995 and $23,075 respectively; both come with an indirect hot water tank.

roadburner · October 2020

A friend in my local CCA chapter was tired of modding the N54 in his E90 335i and bought a new Camaro SS 1LE. Today the motor blew up at Road America- with only 6,000 miles on it. He’s a good HPDE driver and I don’t think he made a “money shift,” so I guess we will see if Chevrolet covers the new motor. Like Ford, Chevrolet advertises that non-competitive track events won’t void the powertrain warranties of their track capable models.
There’s already been some discussion of the oil temperature possibly being a factor. I remember that Grassroots Motorsports had a 2015(IIRC) Camaro SS 1LE project car and they discovered that the oil temperature gauge did not use a temperature sensor- the oil temperature was an estimate that was extrapolated from other engine parameters. I don't know if later Camaros share that setup or not.

qbrozen · October 2020

roadburner said:
A friend in my local CCA chapter was tired of modding the N54 in his E90 335i and bought a new Camaro SS 1LE. Today the motor blew up at Road America- with only 6,000 miles on it. He’s a good HPDE driver and I don’t think he made a “money shift,” so I guess we will see if Chevrolet covers the new motor. Like Ford, Chevrolet advertises that non-competitive track events won’t void the powertrain warranties of their track capable models.
There’s already been some discussion of the oil temperature possibly being a factor. I remember that Grassroots Motorsports had a 2015(IIRC) Camaro SS 1LE project car and they discovered that the oil temperature gauge did not use a temperature sensor- the oil temperature was an estimate that was extrapolated from other engine parameters. I don't know if later Camaros share that setup or not.

Ouch. Keep us updated. I’d like to know more. Details of when/how would be good too.

stickguy · October 2020

today's fun and excitement was emptying out the shed. We are getting a new one built next month, so wanted to get a head start on thinning out the junk. So have a load going to the curb for the monthly bulk pickup this week, and a garage bay full of stuff to still sort through (and stuff to go back into the new one). Normally that would bother me, but since we have an empty space these days, no worries!

nasty in there. We have had some mice recently, and discovered some fresh waste products, and in a box of spare table tiles, a big nest. When I pulled some stuff out, the actual mouse fell out and scampered off. Leaving a stinky mess behind. but, got the whole thing emptied, power washed the plastic boxes and shelves, and ready to put stuff back when the new one (hopefully without access holes for mice) arrives.

nyccarguy · October 2020

roadburner said:
A friend in my local CCA chapter was tired of modding the N54 in his E90 335i and bought a new Camaro SS 1LE. Today the motor blew up at Road America- with only 6,000 miles on it. He’s a good HPDE driver and I don’t think he made a “money shift,” so I guess we will see if Chevrolet covers the new motor. Like Ford, Chevrolet advertises that non-competitive track events won’t void the powertrain warranties of their track capable models.
There’s already been some discussion of the oil temperature possibly being a factor. I remember that Grassroots Motorsports had a 2015(IIRC) Camaro SS 1LE project car and they discovered that the oil temperature gauge did not use a temperature sensor- the oil temperature was an estimate that was extrapolated from other engine parameters. I don't know if later Camaros share that setup or not.

That really stinks. I’m sure it’s not going to be an easy time dealing with GM to have them pony up for a new motor. Please keep us updated on the play by play.

oldfarmer50 · October 2020

explorerx4 said:
Given the style of the house, the washer and dryer are quite jarring.
We are supposed to talk about washers here, right?

Only if the hosts ban you from CCBA.

oldfarmer50 · October 2020

bwia said:
I just heard from my Viessmann HVAC guy. I am beginning to think that he is stringing me along since he gave me that tired old excuse that he has been extremely busy and hasn't had the time to work out an estimate. Perhaps it's time to move on but since I don't have an immediate need for a boiler I am willing to give him a chance. Wait in purgatory or move on?

I had the same problem with a larger home repair company that said they were too busy. The estimator finally got tired of me calling and gave me the name of a smaller company. This guy cane right away and charged me 25% less.

Doesn’t hurt to ask.

oldfarmer50 · October 2020

bwia said:
I finally received a price quote from my HVAC guy. It will take two days to complete and the cheapest options are:

Option One (installed price $16,335 if signed by 10/21/20 or $17,500)

Navien NCB240 (tankless) 95% efficient with $2,400 rebate
Direct vented, Good brand, great technical support and reliable.
10 year heat exchanger warranty, 5 year parts warranty, 5 YEAR LABOR WARRANTY
---------------------------------------------------------------------------------------------------------------
Option Two (installed price $16,995 if signed by 10/21/20 or $18,219)

Viessmann Vitodens 100 Combi boiler (tankless) 95% efficient, $2,400 rebate
Direct vented
Great option, extremely reliable and bullet proof quality
Easy to service and maintain
Lifetime heat exchanger warranty (must register)
5 year parts warranty (must register), 5 YEAR LABOR WARRANTY

The pricier options with are $19,995 and $23,075 respectively; both come with an indirect hot water tank.

Wow, at those prices I’d bathe in the creek. And buy a wood stove.

oldfarmer50 · October 2020

roadburner said:
A friend in my local CCA chapter was tired of modding the N54 in his E90 335i and bought a new Camaro SS 1LE. Today the motor blew up at Road America- with only 6,000 miles on it. He’s a good HPDE driver and I don’t think he made a “money shift,” so I guess we will see if Chevrolet covers the new motor. Like Ford, Chevrolet advertises that non-competitive track events won’t void the powertrain warranties of their track capable models.
There’s already been some discussion of the oil temperature possibly being a factor. I remember that Grassroots Motorsports had a 2015(IIRC) Camaro SS 1LE project car and they discovered that the oil temperature gauge did not use a temperature sensor- the oil temperature was an estimate that was extrapolated from other engine parameters. I don't know if later Camaros share that setup or not.

Don’t they recommend some sort of deep sump or something to prevent oil starvation on the track. I seem to remember that the Corvette had some sort of system to prevent oil from pooling on high G turns. Have they considered oil starvation as a possible cause?

roadburner · October 2020

One of my friends sent me a couple of pictures of his latest acquisition. And yes, that's his garage...

stickguy · October 2020

Farmer, I can buy my wife a lot of sweaters with that kind of money. Though she already has at least 100 in the closet, so no need.

jmonroe1 · October 2020

roadburner said:
One of my friends sent me a couple of pictures of his latest acquisition. And yes, that's his garage...

WOW, by that standard I’m just a measly tinkerer.

jmonroe

oldfarmer50 · October 2020

stickguy said:
today's fun and excitement was emptying out the shed. We are getting a new one built next month, so wanted to get a head start on thinning out the junk. So have a load going to the curb for the monthly bulk pickup this week, and a garage bay full of stuff to still sort through (and stuff to go back into the new one). Normally that would bother me, but since we have an empty space these days, no worries!

nasty in there. We have had some mice recently, and discovered some fresh waste products, and in a box of spare table tiles, a big nest. When I pulled some stuff out, the actual mouse fell out and scampered off. Leaving a stinky mess behind. but, got the whole thing emptied, power washed the plastic boxes and shelves, and ready to put stuff back when the new one (hopefully without access holes for mice) arrives.

I set out some cheap mousetraps with peanut butter bait in the garage. I caught a dozen in the first week last year. Reminds me, I have to set up the traps and throw some killer bait around the barn before I store a car out there.

driver100 · October 2020

jmonroe1 said:

roadburner said:
One of my friends sent me a couple of pictures of his latest acquisition. And yes, that's his garage...

WOW, by that standard I’m just a measly tinkerer.

jmonroe

We all knew that even before we saw this garage

jmonroe1 · October 2020

driver100 said:

jmonroe1 said:

roadburner said:
One of my friends sent me a couple of pictures of his latest acquisition. And yes, that's his garage...

WOW, by that standard I’m just a measly tinkerer.

jmonroe

We all knew that even before we saw this garage

At least I’d know how to use it IF I had it.

jmonroe

driver100 · October 2020

jmonroe1 said:

driver100 said:

jmonroe1 said:

roadburner said:
One of my friends sent me a couple of pictures of his latest acquisition. And yes, that's his garage...

WOW, by that standard I’m just a measly tinkerer.

jmonroe

We all knew that even before we saw this garage
At least I’d know how to use it IF I had it.

jmonroe

I don't need to use it......and you know why? Probably save a huge amount by not DIMyself!

oldfarmer50 · October 2020

driver100 said:

jmonroe1 said:

driver100 said:

jmonroe1 said:

roadburner said:
One of my friends sent me a couple of pictures of his latest acquisition. And yes, that's his garage...

WOW, by that standard I’m just a measly tinkerer.

jmonroe

We all knew that even before we saw this garage
At least I’d know how to use it IF I had it.

jmonroe

I don't need to use it......and you know why? Probably save a huge amount by not DIMyself!

Somebody who can afford cars like that definitely has a “guy”.

jmonroe1 · October 2020

driver100 said:

jmonroe1 said:

driver100 said:

jmonroe1 said:

roadburner said:
One of my friends sent me a couple of pictures of his latest acquisition. And yes, that's his garage...

WOW, by that standard I’m just a measly tinkerer.

jmonroe

We all knew that even before we saw this garage
At least I’d know how to use it IF I had it.

jmonroe

I don't need to use it......and you know why? Probably save a huge amount by not DIMyself!

I’m not sure how that can be done but maybe you’re the only one who could do that.

jmonroe

driver100 · October 2020

jmonroe1 said:

driver100 said:

jmonroe1 said:

driver100 said:

jmonroe1 said:

roadburner said:
One of my friends sent me a couple of pictures of his latest acquisition. And yes, that's his garage...

WOW, by that standard I’m just a measly tinkerer.

jmonroe

We all knew that even before we saw this garage
At least I’d know how to use it IF I had it.

jmonroe

I don't need to use it......and you know why? Probably save a huge amount by not DIMyself!
I’m not sure how that can be done but maybe you’re the only one who could do that.

jmonroe

I can get someone to do a lot of repairs....for what that garage would cost me.

snakeweasel · October 2020

Mrs. Snakeweasel and I took a couple of days off and spent them in the beautiful state of Kentucky. We drove down I-65 TO Bowling Green (You may now start playing the Everly Brothers "Bowling Green" in your minds jukebox) and took back roads through central Kentucky back up to Louisville. We came back late last night, a few observations:

1.) I really like Kentucky, probably my favorite state.
2.) I forgot how much I really like caves.
3.) The BMW handled the back roads through the rolling Kentucky hills great.
4.) On the Interstate we were in the mid 30's MPG maintaining a 80 MPH rate through flat Indiana.
5.) Found a restaurant in the middle of nowhere Kentucky where it had no business being. Stopped in for breakfast and they had some great food. The gravy for the biscuits was superb.
6.) Note to wife, take my wallet before letting me into the gift shop of any distillery.
7.) To many distilleries, not enough time.
8.) My drink cart is stocked for the next year.
9.) Downtown Louisville on a Saturday night is like being nowhere at all.
10.) After over a year of ownership my wife just discovered the subtle ambient lighting in the cabin of the BMW on a dark rural interstate in Northern Indiana.
11.) The Nav system in the BMW kept mispronouncing "Chicago"
12.) The nav system kept telling me "bear left", I don't care if the bear left and since it was so concerned about the bear why didn't it tell me when the bear returned?

jmonroe1 · October 2020

driver100 said:

jmonroe1 said:

driver100 said:

jmonroe1 said:

driver100 said:

jmonroe1 said:

roadburner said:
One of my friends sent me a couple of pictures of his latest acquisition. And yes, that's his garage...

WOW, by that standard I’m just a measly tinkerer.

jmonroe

We all knew that even before we saw this garage
At least I’d know how to use it IF I had it.

jmonroe

I don't need to use it......and you know why? Probably save a huge amount by not DIMyself!
I’m not sure how that can be done but maybe you’re the only one who could do that.

jmonroe
I can get someone to do a lot of repairs....for what that garage would cost me.

As usual, you twisted that around. I wasn’t talking about buying a well outfitted garage. I was talking about hiring someone to do things and that being cheaper than doing it yourself but you knew what I was talking about. Whereas, I’m never quite sure where you’re coming from.

jmonroe

cdnpinhead · October 2020

Don't feed the chipmunk.

jmonroe1 · October 2020

cdnpinhead said:
Don't feed the chipmunk.

Maybe I’m trying to get in the last word. OK, the last word that makes at least a little sense.

jmonroe

driver100 · October 2020

jmonroe1 said:

cdnpinhead said:
Don't feed the chipmunk.
Maybe I’m trying to get in the last word. OK, the last word that makes at least a little sense.

jmonroe

1,2,3,4,5,6,7,8,9,10....I just used numbers....you can have the last actual "word"!

driver100 · October 2020

cdnpinhead said:
Don't feed the chipmunk.

At least you read my posts

snakeweasel · October 2020

Oh I forgot;

#13, Northbound I-65 just south of Indianapolis was full of bugs, by that I mean there was a caravan of about a half dozen or more rather older model VW Bugs. I would say from the 50's and 60's.

snakeweasel · October 2020

jmonroe1 said:

cdnpinhead said:
Don't feed the chipmunk.
Maybe I’m trying to get in the last word. OK, the last word that makes at least a little sense.

jmonroe

I believe that it was Robert Heinlein who said "Never try to get in the last word, you just may get it".

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