Polybutylene pipes leak because the chemical composition of the material breaks down over time. higher levels of chlorine and treatment chemicals accelerate this process which results in pipes eventually bursting or leaking. some think it's just at 'connection' points but thats not accurate. leaks can happen ANYWHERE in a polybutylene pipe system.
now "PB" pipes when written could also be confused with LEAD pipes since the chemical and elemental symbol for Lead is "Pb" which is also a problem but usually more of a health concern rather than a water damage issue. be sure to read your home inspection report carefully to determine the "PB" type being referred to.... more
What you see on Zillow or similar sites has no bearing on what your home is really worth. They use automated programs that do not always take into consideration location, extras, upgrades, condition and such. A good local listing agent will tell you what your home is worth in todays market based on fact... more
I'm seriously considering leaving San Francisco in hope of finding a progressive area, art centric, farmers markets and all within walking distance. Being born and bread in sf I know I was spoiled but I'm hoping to find a place to purchase that will be centrally located to amenities. Anything comes to mind? Thank you!
There are two things that factor into whether or not a debt will be excluded when there is less than ten months remaining.
The first one is are we talking about a car lease? If so, an underwriter will not excluded it because they know once the lease is up you are going to lease or buy a car to replace it so you will still have a payment.
The second factor has to do with the actual payment. The exact guidelines state:
If the amount of the debt will affect the borrower's ability to pay the mortgage during the months immediately after loan closing, especially if the borrower will have limited or no cash assets after loan closing.
As you can see, this is not as simple of an answer as it seems.
Take a look at the recommendations from some of my past clients on my Trulia profile by clicking the link below my phone number.
Please feel free to contact me for more information or help.
Senior Mortgage Banker
Lending in ALL 50 states
Great Plains National Bank