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Cake day: November 14th, 2023

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  • Blue_Morpho@lemmy.worldtoLemmy Shitpost@lemmy.worldA conundrum
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    8 days ago

    after that you can tap into home equity and repair say a roof.

    There’s no, “tapping into home equity.” There’s only extending the mortgage with more debt.

    20 years ago my sister did all sorts of home improvements that she said were free because she was “tapping into equity”. Now she’s nearing retirement and complains she still has giant mortgage payments.





  • I’m guilty of ignoring my water heaters. Had my backup start to leak and it cost $1500 to replace. So I immediately bought a new anode rod for my primary tank. Drained/flushed it and replaced the old rod which was completely gone. It was an easy task but you will need a cheap impact wrench, 1 1/16" socket and chain link anode rod to make it easy.

    It’s something you need to do every couple of years. But I never do it.