Swall

Financing

• ReFi Robbins for $400K to pay for everything:
  • 15 year fixed would turn into around $3000/month.
• Monthly vs BiWeekly Payments.
• 15 vs 30 year fixed.

Randy's place was built in 1995, Jeannie's remodeled in 2001.

11 Wilson Rd Swall Meadows, CA 93514-7173

Joint ownership and Legal Issues with Jeannie

Tim Sanford: (Trish is his para-legal)

• 760-934-4529
• Fax: 760-935-5087

• Tenants in common agreement.

• In case of death or sale other party should have first right of refusal to purchase with price based on assessment by a local bank assessment. Funds to be disbursed according to departing parties wishes.

• Get some legal docs to cover worst case scenarios for both sides.
  • Conditions if one party wants to sell out.
  • Conditions if one party croaks.

• Probably setup a joint account for common expenses.
  • What bank?

• Phreaner's setup in Utah: Verbal agreement w/ his brother, no legal docs.
• Frank Davis' setup in Montana: Legal document of joint ownership on file with madison county. Has discussed a second legal document to deal with death issues but hasn't gotten around to it yet.

• Visitor use of hot-tub?

Loot/Improvements

Appliances:

• Water heater
• New washer shut-off valve
• Replace wall heater and heat-fan w/ an FAU under house.
  • Use the 2x2 chase for return.
  • build in some boot-drying racks.

Bathroom:

• Short Term:
  • Towels
  • Towel hooks.
  • Bathmat
  • Shower curtain
  • Shower curtain rod
  • Cover over fan.
  • New toilet handle.
• Long Term:
  • redo shower:
    • Tile in a roman tub?
    • Tile to ceiling.
    • Matching tile under toilet.
    • Double headed shower spigots.
    • Separate hot/cold valves.

Furniture:

• Each Bedroom:
  • Queen mattress
  • Queen bed frame
  • 2 sets linens
  • comforter
  • pillows
  • 2 night stands/small dressers
  • Bedside lighting
  • Armoire
  • ?Writing desk?

• Living Room:
  • Couch, queen fold-out or futon style
  • Coffee Table
  • Shelf unit on wall north of fireplace.
  • "TV" stand of some form.
  • Bed/couch/pillowed reading nook in windowed south-east corner.
  • Bed/couch/pillowed reading nook in corner next to fire.

Kitchen:

• Cast Iron griddle, pans, pots, dutch.
• Pots/pans
• Plates
• Silverware
• Glasses/mugs
• French Press
• Floor rug
• ?Breakfast table on east wall?

Outside:

• Inset a open-mesh grate at front door.
• New front door w/ lights.
• Face lower deck wall w/ stone?
• Face concrete around hot-tub w/ stone.
• Make a more robust set of stairs for hot-tub.
• Woodshed?
• Jeannie would like a green-house.

Personal items:

• clogs
• alps
• flip flops
• house slippers
• pull-overs/grubbies
• roller
• exercise ball
• toiletries.

Second Bathroom:

• Door from garage and bedroom.
• Sink on north wall
• Double headed shower, one head on east wall, one on west, toward south end of room.
• Tile floor throughout.
• Toilet, probably near shower and behind door from garage.
• Small transom shoulder-height window on south wall.

Technology:

• Sonos ZonePlayer120 from garage for living room.
  • Set of Orbs for living room.
• Sonos ZonePlayer S5 for garage/outside.
• USB Drive w/ tunes/media.
• Mac mini w/ 28" LCD.
• Apple Airport Extreme or two.
• Network cabling.
• Internet ($40-50/month):
  • Schat.net

Randy Questions/Answers

• Stub outs for services for second bathroom?
• Strength of TrexDeck is high, unlikely there'd ever be enuf snow to hurt that deck, long term cold water/ice on wood below isn't good for it tho so clearing it off is still recommended.
• Utility costs
  • $58.13 electricity for Dec 2009.
  • Electricity for well is on Randy's bill
  • Electricity for hottub is on Randy's bill
    • Jeannie has been paying $50/month toward hottub and well electricity.

• Fence restrictions? WRT: Dog run, not a problem.

• It's fine if we end up pulling from the equity line and have to pay final chunk of $20-50K days later.

• Dates in Swall:
  • Feb 25-28
  • Mar 19-28

• The Red Pressure Tank under the stairs is for the previous well, the new one is located w/ the well.
  • There is an electric feed behind the fridge in the garage which will power either well via a generator plugged in there, there is a switch which must be flipped before doing so although else yer pumping juice into a live feed and bad things happen.

• The boxed out section on the West side of the bathroom closet is a chase for the water heater flue. The vent for the downstairs wall heater runs up the south wall of the bathroom closet.

• Second bathroom would probably be best done on the sly, only an issue in the event of a non-private sale of the house. Pulling a permit would incur a re-assessment of the property.

• There should be 5-10 gallons of each of the exterior stains used for the house siding and for the hand-rails. South and west sides of the house could use a re-staining, last done around 2005.

• Grout for the tile behind the fireplace?
  • Standard color, "something grey"

• Weather station info/instructions: the small one is busted and should be removed, instructions for other in pile in corner.

• Flies in the house come in from various locations, they hang out in the attic in the fall to avoid freezing, they'll swarm on west side of house by vent, use fumigation cans to knock them out in fall.

• There is a bat home on the east side of the house which should still have bats in it.

• Any issues w/ putting a small window in the nook by the front door?
  • Engineering wise, a problem, sheer-wall.

• How would you deal w/ the dripping of the roof on the north side onto the driveway in front of the garage?
  • Heated gutter, use an exterior heat-tape with a switch, technically should be on a dedicated circuit but fine to tie in w/ a lightly used existing circuit.
  • This should stop the pooling in front of the garage.

• Chimney need sweeping: it really doesn't collect much soot cuz it burns so hot, inspect every few years and sweep as needed.

Remaining questions/issues:

• Wires in concrete stairs?

• Conduit replacement for hot tub.

• Hand rails? What/where?

• Leaving any tools/ladders/...?

• Want to store yer raft here?

• Regular maintenance issues:

• Recommended snow removal services?

• Purchase contract?

• Homeowners Insurance Declaration (should list coverage amt, premium, effective dates)

Other Properties in Swall

• Zillow
• 2acre lots in Swall between $300-400K w/out any permits, plans, services, water, or trees.