Long over-due update :). I have been juggling quite a bit as of lately so I have been torn away from consistent updates but here is one! So, I have been dealing with my bank to talk about financing for a place, I was looking at a property to have as a rental that I could park my tiny behind. The trick is a foreclosure that is on my history, even though the foreclosure process started 7 years ago (wow, that’s a while) it didn’t finalize until 2 years ago, yeah, it was a MISERABLE 5 year process. So, because that is on my record I knew there would be hoops to jump though but I decided to see how bad it was anyway. The loan officer was genuinely shocked at the situation and the fact that I have pristine credit, if I didn’t have the blackmark I would be the ideal candidate and eligible for the best rates. She went so far as to check into alternates to an FHA loan which would typically be my ONLY option with a foreclosure until a full 7 years after the final date of foreclosure. FHA is not all bad or good, what it does require though is that I pay mortgage insurance the full term of the loan instead of the typical first 20%, since I planned on putting 20% down it didn’t feel great to know I would be paying about 160 buck a moth for ‘extra’ purely because ‘technically’ I didn’t meet the requirements for a conventional loan, even though by the bankers own words I am a much better candidate than most conventional loan candidates. Also, and FHA loan comes with a higher interest rate than conventional. So, She took some info and talked to her bosses and said she would get back to me…
A couple days later she called me back with ‘good news’, which is in fact good news, but not great. After talking to her supervisor and their supervisor my bank said that they were willing and able to ‘portfolio’ me which means basically that they will personally be loaning me the money rather than a mortgage company. What this does for me is get me a ‘conventional loan’, my payments would be going to them, I wouldn’t have to pay mortgage insurance for the duration of the loan. This is good news! The bad news is of course they would add their cut on top of it. The ‘going-rate’ for a 15 year loan is 3.2%, for a 30 year loan it is 4%. They would only go at a 30 year term and at 5.125%… When you calc out the math I would be paying almost double what I would over the term of the loan. My ideal of course would be to put 20% down, pay a 15 year loan, on the house I was looking at the payment is right around $750.00/month. On a 30 year term the payment would be around $520.00/month. Now the house I was looking at I think could easily be rented out for $800.00 a month so really, either of these are fine. What they ended up offering me was a payment around $760.00/month but for 30 years. So, if I am prepared to pay $750.00/month for 15 years and what I was offered was essentially $750.00/month for 30 years… I don’t like that and I am not comfortable, even though it is ‘do-able’, signing up for another 30 year commitment if I am not completely comfortable with the terms. Yes, I could probably refinance in a couple years, who’s to say where rates will be though… It would be an added stress I really don’t need at this point.
I was really feeling a rush to get somewhere before winter hit but I decided the best thing would probably be to just sit put until it thaws again next spring. At that point I have a feeling that things will be in a different spot, perhaps I’ll be eligible for a better deal. I am also keeping my eyes open for places that ‘fit’ that may have owner financing. Even though that is usually at a higher rate I would MUCH rather have that extra going to a real person than the banking industry, call me jaded :). I looked at moving to a couple different places around town, either with individuals or a semi-RV park situation. The rates were either just as high as renting an apartment OR the people seemed weird. I didn’t think it wise to have a baby be born around someone who may or may not me ‘weird’, it didn’t feel great either in my gut. And if I am going to have to pay 450-600 a month plus utilities just to park my house I am going to store it and just rent a place where I don’t have to juggle space and constraints. he whole point of building this is NOT paying someone else rent. I was blown away that it costs as much to rent a bare piece of property as it does to rent one with a house on it to use… dumb. But now I know it could be pretty lucrative to just buy bare land, zone it as an RV park for tiny houses/RVs, if I charged half the price I would be doing pretty darn good! So… I am staying put for the winter. That is that story.
Because I am staying put I had to winterize, it’s already been down to freezing temperatures. Daylight savings time messed with that process quite a bit but I finally got it done yesterday. My house is officially officially complete! I went out to celebrate with my brothers and Gia and I forgot all about the shirley temples! I’ll have to try again! 🙂 My brothers are always putting on dinner parties, I don’t have enough house to have them over for dinner though so the thing I get to do is save money and take them out for a nice dinner every now and again :). So that is just what we did! It was awesome and it feels pretty damn good to be done even with all the non-glamorous work. The skirting is not pretty but it is very functional, just keep that in mind :). I suppose even putting a coat of paint on it would make it prettier, but I didn’t do that… 🙂
There is even a Denver update in there, he’s as handsome and sweet as ever! Branching out at the dog park and making bigger dog friends :). He is the best dog ever, I really recommend Danes to tiny house people, it baffles most but they are GREAT small space dogs, he is an old soul, not a ton of energy, totally content to crash out most of the day. He goes to bed before me every night, steals my pillow. He doesn’t think he can get up the stairs by himself, even though he can. He gos and puts his front feet half way up then looks at me and whines for me to help him. Of course I can’t lift his heavy butt up there anymore so I just place his feet for him and he walks up them. I think he thinks I’m lifting him but he just needs to work on his confidence :), he will get it again soon!
And MiniMiller is growing leaps and bounds, I’m pretty sure she will be just as fidgety as her mom AND dad (she’s got no choice in the matter) if how much she flips around is any indicator. 24 hours a day there and somersaults being done in my belly. Denver seems to be paying more attention to her too, he likes to lay his head on my belly which he’s never really done before. Random kids walk up to me and stare at me and chatter at me, kids have always liked me but I think they are showing me more attention, it’s weird… and at the dog park so many dogs seem to walk well out of their way to come and smell me, even with all the distractions they are interested in me more than others, a couple of their owners have even mentioned that they were oddly drawn over. Because of these occurrences I tend to believe what they always say about kids and pets being in tune with pregnancies. My next appointment happens to be the same day as Ryan’s and my next Tiny House Chat on the 19th, I’ll have another update then, I am pretty excited and blown away that in about 5 months I’ll be a mom, that’s a pretty cool big deal!
Which brings me to my next point, Ryan and I have a Tiny House Chat on the 19th, this one is going to be awesome! Please, make the time to join us if you can! Here is the information to log in and what it is all about. Take a few minutes, watch THIS TED talk. We will be talking to him and the folks over at Found House. 3D printed houses, Ikea style :). If this was a kit for your own tiny house would you look into it? I think this is an amazing concept that could change the face of so much! Making affordable housing available to all!
I have had a couple questions on the format of the Tiny House Chat. I want to clear up some of it, don’t worry, you do not need a camera or a microphone to log in. What happens is that Ryan and I appear on camera with (usually) our two guest hosts the four of us are the only ones with voice and camera, to chat about whatever our topic is for the month. Everyone else logs in and is linked via a chat room which we can all see. (people seem reluctant to appear on camera, so don’t worry, unless you’re a guest host you won’t, and let me know if you want to be a guest host and/or have an idea for a show topic!) So basically it is an hour long chat session with tons of people who have the same interests. There is a lot of discussion between chatters as well as questions interacting directly with the four hosts. It works best when we get lots of chat/host interaction on the topic at hand. Typically we have 30-45 people logged in but we have the ability to go up to 200 right now. If we ever have more than that we can look at upgrading our service to accommodate more, so share the word!
What questions do you have about 3D printed houses for these guest hosts??
Packed up the tiny house, this is what it looks like when you’re ready to move!
And the other direction, all of the breakables get cushioned just like real moving only you can leave them in the house 🙂
I was able to break down the entire house by myself in a day
Had to crawl under and move the composting tank and the grey water container.
It went smoother than expected actually, I thought it would be a bigger process to get it road ready
And then a Halloween party
My brothers adorable girlfriend with a mustache!
Getting rowdy with Denver the Deamon dog in the background
Denver steals my pillow every single night.
The Día de Muertos parade got a little rained out but we still showed! We had a great time at the museum, I’m going to have to make a trip back some day soon to look at the stuff we missed, I was happy to see we still have the two headed calf that haunted my dreams when I was young. 🙂
And third 🙂
Denny plays fetch with 2x4s… he runs around with this, it’s petty funny.
James has his shop going up pretty fast.
And onto the real work… Making the insulated panels for the skirting. I just used construction adhesive to glue a piece of riged insulation to some left over OSB I had.
It seems some of my insulation that I had found another home in the mean time and instead of buying more sheets I decided to use some of all those little 2″ strips I had to cut off, it worked out pretty well actually 🙂
It’s not pretty but it should work. I just blocked off the area where my toilet and grey water sit, it’s about a 6’x8′ area
It was a bear to get the panels in, imagine a 5 month preggo lady crawling around in the 20 inch space below a trailer, around the miscellaneous hoses and fixtures under there, I ended up having to dig it out a little too to set the panels, fun stuff! Turns out even a little tiny belly gets in the way still, can’t imagine if I had to do this later! 🙂
I have been quickly running out of daylight time ith the whole daylight savings! I always take too long to adjust to that. Here is an update of my little buddy 🙂 He’s probably around 90-100 pounds now, He doesn’t get mistaken for a wiemeriner anymore but people think hes a full grown adult dog, just a little small for his bread, he’s so calm he doens’t usually seem like a puppy…
This is where he sits, I thought he was too big for the furniture but he seems to adjust well 😉
He has the perfect view to sit and watch the passerbys
Becca gave me some of her baby cloths! The are freaking adorable! This one is my very favorite! These blonged to Becca when she was a baby, since they are having a boy she is letting me use the her little girl cloths, this sweater totally looks like something a ‘Nora’ would wear, huh? 🙂 That is the name of the day!
And this is a home-made pice, it’s a cool shade of orange!
I feel like this is a chefs jacket too, and sine MiniMiller will have to get accustom to dressing up it’s perfect! 🙂
Another home-made CUTE little dress!
And little tiny mittens!
I also love this one, it has a little hoodie!
And a cute pink onesie! I love them all, thanks so much Becca, they will be put to good use!
Back to work, I got, at most, exactly one half of an hour of light to work each day after work if I race home at 5pm. Daylight savings time makes for long outside projects! It worked though just took more days than it should have. You ca barely see it but all the little spaces between got filled with batt insulation wrapped in plastic, should make a fairly sealed off space, even though it only has about an r-10 value to the insulation it ought to be able to do the job. I hope, I’ll monitor it.
I had to put in a hatch so I could still rotate the bin on my composter once week. There are some extra pieces of insulation in there 🙂
I just built the box up, because the ground was uneven I filled the spots I needed to with the dirt I dug out in other spots :). It should work pretty well actually.
From the front side this is what you see, pretty much nothing. The back side facs the alley and no one goes back there but the garbage man and me to crank the handle on my Sun-Mar unit so I am not real concerned with the ugliness :). It il get me through winter. I should add, there is a heater in the toilet unit, if I need more then I can throw a little radiant heater down there too. I just have to keep the space above 32 degrees! 🙂
My brothers and I took a little trip to the new town center too, it is a pretty bumping place, the restaraunts all had 2.5-3 hour waits so we just tooled around and went to our favorite Thai place for dinner. Here is Jeff in front of one of the best fountains in the country apperently, According to the developer the motor on this fountain is more powerful than the Bellagio. They aare also in the process of putting in an outdoor ice skating rink, that will be pretty cool to check out 🙂
And here is my lovely pregnant self 🙂 I have taken some monthly pictures of my belly but I seem to have lost them… I finally started poppin out though, my brother Dan seems to think I’m huge, even though I’ve technically only gained a couple/few pounds, it’s all in differnt spots, that’s for sure! 🙂
I think I had forgotten to show my water source being heat taped too… so hear that is. James put in a lawn hydrant for me with the addition of his shop in back, it doesn’t sit under the skirted part though so I wrapped it in heat tape and insulation so that is doesn’t freeze and break. It’s still new enough that the water is brown coming out but that will get better as I can use it more. I think it will work well.
This is the heat cable that I got, it seems to work really well, it is self controlled and pops on when the temp gets too low.
And one last show of Mr denver this morning being a good boy! H has gotten really outgoing at the dog park finally, it took him a while to get ok with it but now he looks forward to it and get’s really excited as soon as he recognizes the route! He still perfers the little tiny dogs but he’s made few other 6 month old puppy friends 🙂 The one we go to always seems to have other Great Danes and Mastiffs, he get’s a little scared of them, I think he truly believes he is about 5-10 pounds… 🙂