The HarmsBoones


Category: Owning a home

Emergency repairs ⚠️

We were warned. Homeownership is not easy. Homeownership is full of surprises. It’s a ton of work. It’s hard. It’s never-ending.

Sometimes it’s also gross. Like when you go down into your crawl space to see if that’s where you left the light bulbs and discover the ground is wet. Like, really wet. Like, maybe there’s a leak in the bathroom wet. This is how we went to bed on Saturday.

When we did the inspection, we learned that our sewer was, like the rest of the house, really freaking old. We also learned that it wasn’t in great shape. There were a few cracks, a few root intrusions, and a few of something called “offsets,” in the original clay piping that led from the house to the tap in the alley. We also knew this sewer had been sending waste out to the city line for about a hundred years, vitrified clay piping will last a long time, and, importantly, it hadn’t failed yet. That is to say, we took an educated risk by not fixing it before we moved in.

So when we had water pouring into our basement, I had a sinking suspicion I knew exactly what it was and braced for the worst.

Sunday morning we called the only plumber who was open. He came by, took a good look at the plumbing and saw that there was something called a “drum trap” that looked to be full and overflowing. He gave us an estimate for cutting it out and replacing it with a “P trap” and it seemed high but reasonable for a job involving lead disposal. Until we got this fixed, we basically couldn’t shower or use our toilet. Notd a great situation to be in but hey, at least he didn’t think it was the sewer. We scheduled the repair for this morning.

On Monday morning, another plumber from the same company came out and told us there’s no way replacing the drum trap with a P trap will solve the problem. Our entire sewer line needed replacing.

Pause: Glossary time.

trap in plumbing refers to a mechanism for catching a small amount of water between a fixture and the sewer to seal out noxious sewer gasses. There are many different kinds described by their shape: P, S, U, and drum.

P traps do this with a dip in the pipe. They’re good because they clean out any solids that might get stuck in there with each use, they are “self-scouring.”

Drum trap catch that water in a cylinder. They’re nice because they can catch large solid things like jewelry that might fall down your drain. They aren’t self scouring. You can see how filthy they get by cleaning or replacing them.

Vitrified clay pipes are sewer pipes forged with heat to become water proof and strong. It was invented by the Babylonians and is still in use in some places and older homes.


The quote to replace the entire sewer line hurt. $19,000 for full replacement, $10,000 to go only to our property line. He said anything short of replacement would be temporary and more expensive in the long run. He had some financing options, including 15% over 79 months for a long-term total of $30k.

We got three more opinions and ended up with two options: Clean the sewer (a “RotoRooter”) and hope that’s enough, or replace it all together. The next highest quote we got for replacement was about $12,000 shy of the original estimate, and that was only if there was some major problem. It turns out this pricing is a fairly common problem for Denver.

Cleaning the sewer could be done immediately by one of the plumbers, and only cost us $360. We decided to do that and hope that we have enough time to save for full replacement before it happens.

The thing that struck us, beyond the outrageous price, was how the first company made us feel bad about buying and living in an old house. He laughed at our problem, guilted us for knowingly buying it in this condition, and then told us it cost more than our car. An electrician did the same thing when we had some outlets moved, only that time he wanted us to believe our house would burn down if we didn’t rewire the whole thing.

The first company also talked about their lifetime warranty, and how we’re paying more for the assurance that if it ever goes out again we won’t pay a dime. The companies we ultimately worked with talked about their work, charged a fair rate and stood by it. They also solved the problem we were having in the narrowest way first. A cleaning would tell us whether the pipes were busted or simply dirty.

If you are a new homeowner, unless your house is filled with water, you probably have time to get several opinions. Ask what the narrowest solution is, and be skeptical of ultimatums. Ask your friends and neighbors for recommendations, and make sure to consider small and big companies. And if you’re replacing your sewer, know it shouldn’t cost $19,000.

We’re about to close

I’ll admit, I didn’t think we’d be sitting here less than a year after moving to Denver, preparing to close on a mortgage. I thought we’d be able to make it happen eventually, but I didn’t think it’d be this fast.

Before we go, I wanted to write up some thoughts about an invaluable resource throughout the whole process: The Consumer Financial Protection Bureau. The bureau gets a lot of attention for its enforcement actions mission, and while that’s an important one that’s provided relief for millions in the bureau’s short history, they also have an educative mission. They provide resources for navigating worlds that usually involve taking out several thousand dollars of debt like paying for college, buying a car, and owning a home, and transactions that help you and your family stay safe and solvent like planning for retirement, sending money overseas, and using prepaid cards. They explain your rights, what to expect, and what to watch out for, and break the process into discrete steps that correspond to how consumers actually approach these things.

When I worked there, the bureau was in the midst of their Owning a Home project and I knew the people working on it were doing tremendous amounts of research to understand all the terms and design an experience that worked for the American consumer. I remember how excited the team was to be launching something so impactful. When it first launched Owning a Home provided data and basic information about home loans, interest rates, and closing documents. Now it looks like this and, as it developed since 2014, became a comprehensive guide to the home owning process. I didn’t know anything about homeownership then but I knew about the financial crisis, and how people got talked into loans they couldn’t afford only to then have their home, brokers took shortcuts and took risks they should have known not to take, and the system was generally stacked against the consumer. Putting this information into the world would only help protect people and better know their situation up front.

Today, as we prepare to walk into closing and make a huge financial decision, we’re confident we can afford the house and the loan, confident we understand the terms, and confident there’s someone who can help if things get murky.

The CFPB is the killer app of the banking world. I know people lived without it in the past but I really can’t fathom how. If you know someone who is starting to deal with these financial decisions point them toward CFPB’s Consumer Tools. If CFPB has been valuable to your home buying process, write your Senators and Members of Congress and tell them. Then tell them your story. They’re doing an important public service over there, and stories like this reassure them that they’re on the right track.

Thank you CFPB, and all the brilliant designers and policy professionals you have working on keeping us safe and confident as we navigate these weighty and stressful decisions.


We’re officially under contract. In Colorado this means it’s our deal to walk away from. It doesn’t mean that the negotiations are over. After you settle on the price of the home, there’s the inspection, the appraisal, and then closing on your mortgage. There’s also all the unexpected things that can come up between you and the seller between when you agree to a price and close.

Our inspection went really well for a house that’s almost 110 years old. (RSVP now for the house’s 110th birthday in 2018!) Since we’ve told people a little about the house there’ve been a few things people have raised eyebrows at and said will be “fun” to fix. Every house has weird quirks. Some of our friends had a house with a basement that was finished but had low (read: 5′ 6″) ceilings in every room but one. Our house has its furnace in the attic which is weird because the first thing everybody knows about heat is that it rises. Why put your heat ducts in the ceiling if heat rises? It doesn’t make a lot of sense.

The furnace is also 19 years old, which is nearly the end of life for a furnace, and one of the things our inspection brought up. Furnaces are expected to last about 20 years. Long than that and you’re getting lucky. Shorter than that and you better hope you started saving when your warranty came up.

The sewer is the other issue the inspection raised. Apparently 100 years ago people built pipes out of clay because plastic pipes didn’t exist for another 30 years. That’s not what happens anymore and PVC pipes are better at protecting your sewer against things like tree roots and general wear and tear on yard between your house and the tap — where your water comes in and out from the city. To get a good close look at your sewer — don’t pretend like you haven’t wondered where all that water goes when you flush — you get a sewer scope. A camera attached to a long cord, it looks like a medical scope. Like you’re looking into someone’s heart, except that it’s actually your toilet.

Our sewer scope found a bunch of cracks and breaks in our sewer line. Between that and the retired furnace, we are able to save a bunch of money on our closing costs by insisting that the seller credit us the expense of replacing both.

Apparently sellers used to be able to give buyers cash to replace these things. While that would be amazing, it’s not hard to see how that system was easily exploitable and contributed to the housing crisis. So now they can only pay your closing costs for you. If your inspection throws up a lot of red flags, you can still ask the seller to fix them for you, which is good if there are major problems and you have a willing seller. The risk of doing that is not controlling who gets hired and which product is selected, limiting your ability to correct errors or do market research.

One thing we’ve learned is that everything is negotiable. Our seller asked us to engage in a post-closure occupancy agreement (PCOA) to accommodate their tenants, that was a negotiation point. When they no longer needed the PCOA, that, too, was a negotiation. More time, less time, credits to closing costs, discounts on the sale price: it all gets a little dizzying. It’s hard to know whether and how we might jinx ourselves by telling people we bought a house and harder to decide how to set expectations for our current landlords.

The best lesson we’ve taken away from all of this is that working with a realtor is worth it. They can be a semi-neutral party who can help you make decisions. Granted, they want their commission — the seller pays that when you’re buying — but our realtor has been fair, giving us enough options and enough information to understand how to make a decision. If you’re getting into the market, make sure you’re realtor understands your needs and is your only point of contact.

Hot markets, friendly laws

We offered on a house this week. It was one we’d looked at a couple months ago when it hit the market but discarded because it was out of our price range. Then it sat, and by the time we went to tour homes for the first time, the price had dropped.

Why drop your price in a hot market? Because in a hot market your house should sell. A seller’s market doesn’t mean prices are arbitrary, it means inventory is low and expensive, but the seller still needs to find the equilibrium price at which buyers will start to offer.

When you offer on a house, you consider the price of the house, the square footage, what’s included or excluded from the sale, and you compare all of that to other houses in the area. Then you send over a contract — that’s all an offer is, a contract you intend to make good on — saying how much you want to pay and what concessions you are or aren’t willing to make.

If your offer is accepted, things move very fast for you. You have a day or two to come up with “earnest money,” confirming your intent to make good on the contract. Then you get an independent inspection, review a bunch of documents, and take the next week to figure out if you’d actually want to live in the place. If you do, you’re “under contract.”

Colorado is a “buyer friendly” state, meaning you have a lot of rights when you’re under contract. For example, as long as you want and are able to buy the home, the seller has to sell it to you. If someone comes in with $40 grand more in cash the day you go under contract, you still get to buy the house. If you, on the other hand, decide you don’t want to buy it, you can walk away. There are some sunk costs, like the inspection, the further you get in, but it’s nice to know it’s our house to buy if we want it.

What it means to be in a seller’s market

When we entered this market we were told it’s a “sellers market.” It’s no secret that Denver’s market is hot, meaning there are a lot of people trying to buy but few looking to sell. Supply is far lower than demand. If you remember from your last macroeconomics class, that means prices go up.

Denver’s market has been like this for a while. According to the Denver Post, home prices gained 12% per year between 2013 and 2015. A home that cost $100k in 2012 would go for $336k this year. That’s insane (to me). We’ve met a few people who bought homes during that time and their stories are wild. Homes that are “fixer-uppers” would go for $30k over list price. Just as you put in an offer on a home you can both afford and live in, someone swoops in with a cash offer $40k above yours — and yours was already several thousand over offer.

Our realtor has told us we’re still in a seller’s market, especially with our budget. In a balanced market, sellers and buyers can not only negotiate price, but also things like who pays for closing costs. It was pretty common, five years ago, for the seller to pay the buyer’s closing costs. That’s less common today because sellers can pretty confidently assume they’ll find a less demanding buyer — or simply find a buyer who won’t have closing costs because they’re paying cash.

Being in a seller’s market is maddening. The list prices are unreliable because you never know when someone is going to come out of nowhere to buy the house from under you. You assume that if they say they’re taking the appliances, they mean it. As first time homebuyers, you know your offer is the least attractive if you can’t offer more than the bare minimum 3% down — even though the seller gets paid the same — someone with 10%, 20% or 40% down is considered “stronger” than you (and they’re probably getting a better deal on closing costs, those jerks).

Houses cost a lot of money, especially if you know you’re going to pump another $10-20k into just fixing things. We offered on our first house this weekend, and went about $25k under list price. In the listing, the seller said they were taking the water heater, washer and dryer, and microwave with them. The house currently has a lean-to porch attached with a sliding glass door that doesn’t lock, and the door into the house itself locks but has an open pet door attached. The microwave, whatever, but the back door will be on our short- to medium-term plan for repair.

We knew our offer wouldn’t get accepted but we didn’t think the counter offer would be simply list price. Such is a seller’s market. The owner of the home now knows that we’re interested and maybe taking that as a sign that he figured out the market equilibrium for his house or got close enough that all he has to do is wait a day or two and another offer will come in that beats ours. And that’s all despite the fact that home sales have started to slow down, a sign the market is cooling down.

If this doesn’t work out, maybe we’ll wait and see what 2017 holds.

Home buying: The first visits

We’re currently in the look-at-all-the-homes-all-the-time phase of home buying. There are a handful of neighborhoods where we can afford many homes, a few where we can afford some homes, and many neighborhoods where we can afford the occasional home. This weekend we learned a little more about what that spectrum means. We looked at six houses this weekend. Two in East Denver, two in North Denver, one in our neighborhood, and one in West Denver.

East Denver is where we see the occasional home, and many of the newer neighborhoods east of Monaco Parkway seem designed against walkability and architecturally exclusive. It feels suburban and disconnected. Limiting our search is another decision we’ve made in balancing our desire to live in a diverse community with our ability to experience the city. I’m starting to worry that it will also mean we simply don’t get to buy a home.

We visited two homes in East Denver and learned that, with our budget, it might be hard to find a livable home in those neighborhoods. We also learned why our realtor told us not to trust photos in the REColorado listings. The first house we visited here had been staged for its photo shoot. All but the kitchen appliances were different in the photos from what we saw in the house.

It was hard, stressful even, to tour houses like that and not wonder about the lives of the people living there right now. Do they own or rent this house? How many people are living here? If we buy this house, what will happen to them? Will they be displaced into housing they can afford? How often does that happen to this family? Many of the homes have appreciated eight to ten fold since they were last sold, is that money going to the family living here or a building manager who is kicking these people out to make a windfall? If they’re moving, why? Did someone lose a job? Did several people lose jobs? What does their leaving mean for this house? For this neighborhood? For Denver?

We looked at a couple houses where it looked like ultimately the house would be either flipped or demolished and rebuilt.

We also saw a few homes in West Denver including one in West Barnum we were interested in after our bike journey. Ultimately, it was really hard to imagine living there. Sure we could turn the yard into a small farm, but there was either a living room, or a dining room, and the kitchen was remodeled in a really strange way. We’re glad we saw it, though, because it’s one thing to see a home from the outside and imagine living in a neighborhood by biking around it. We learned that in West Denver, we’d want to be east of Federal Blvd., otherwise we feel too disconnected from the rest of the city.

North Denver is another neighborhood where we see an occasional house. These neighborhoods, also called the highlands, have developed fast in the last couple years and, like East Denver, most of the homes for sale are far outside our price range. One of those homes was a tiny house in a neighborhood we already know we love. In some ways it’s just as removed from the rest of the city as neighborhoods we’ve ruled out, but it also has a little village nestled into the city with accessible amenities nearby.

Nevertheless, we left our Saturday of looking at houses with mixed feelings. We had three (of six) homes to watch and the remaining ruled out. One of the three has already gone under contract, which is honestly kind of a relief because while it was really nice, the location wasn’t our favorite. I think we mostly feel really stressed out at this point. I found a house yesterday in Ruby Hill, a neighborhood we’re interested in but haven’t really explored yet, and it already went under contract.

A friend of mine gave us the advice to approach this experience with a little spiritualism. There will be plenty of houses we like, plenty we want to offer on, and plenty we will offer on, that will be scooped up from under our feet. Thems the breaks, in a seller’s market. It’ll be important for us to  keep that in mind as we search, and take plenty of time for self care.

What we’ve learned shopping for a home

We bought a car last year and it was basically the dumbest thing ever. Sure, we got a car but we felt swindled. The dealer didn’t take the time to explain anything to us and we ended up getting a good but no great deal.

So far buying a house has been different. We’re barely beginning in the process but we’ve learned a few things:

  • There’s a thing called a “jumbo mortgage” for really big expensive houses. They cost more and have higher rates!
  • Most houses out there are expensive enough for a jumbo mortgage (compare standard and jumbo searches on Zillow).
  • First time home buyers only need 3% for a down payment. And sellers should be OK with it, no matter what you put down.
  • Everybody talks about the down payment but closing costs are just as much, if not more, than the down payment. This includes things like appraisals, sewage system and home inspections, and fees paid to the lender.
  • We already knew we should shop around, but start with your credit union or local bank. Our credit union had great rates, and fairer closing costs.
  • The CFPB is an invaluable public service. (OK, I kind of knew this one already, too.)

There are a few other things we’re only starting to learn. One of those things is gentrification. One thing we’re looking for in a neighborhood is bike-ability. We really don’t want to buy a second car. We use ours right now primarily for one thing: Getting to the mountains. Without it we’d be spending money renting them or on a car share program and we’d probably be spending about a car payment every month. Anyway, we don’t want, or need, a second one.

The problem is, while Denver is a great city to bike in, some neighborhoods are more bikeable than others. Many of the neighborhoods we can afford are in West Denver, the neighborhoods west of I-25, and south of Highway 6. We biked through there this weekend and they are decidedly less bikeable than where we live now, just on the other side of I-25.

Two neighborhoods we can afford are Barnum and Barnum West. Taken together, they make up a 1.32 square mile neighborhood bounded by three streets that are dangerous, and one that’s illegal, for bicycling. Getting into Barnum from the east means riding on a narrow sidewalk, waiting at a long crosswalk, and then riding a sidewalk again once across. Anything we’d access on these streets we’d have to access by car. According to Google Maps, there is one grocery store accessible without crossing one of those streets.

A map of the Barnum neighborhoods showing the single grocery store in the center

Though it’s possible to access nearby places like Viet Hoa, or the Westwood Food Cooperative, both require car. The final option is to bike into Central Denver, adding two miles, and a steep climb, to the journey. The next neighborhoods south, Westwood and Athmar Park, have similar problems.

Grocery stores aren’t everything but the subtext here is that these neighborhoods are also poorer and that’s part of why the houses are cheaper. Gentrification brought more grocery stores, bike lanes, access to health care, and other amenities to neighborhoods like those just on the other side of I-25. It’s also what raised rent prices and displaced people who lived in those neighborhoods.

One of the attractive parts of living in Barnum or Barnum West is the opportunity to live in a majority hispanic community. Less than a quarter of the population in Barnum and it’s western neighbor are white people. We hope to have kids and hope those kids don’t grow up surrounded only by people who look like them but we also don’t want to be part of the problem of displacing people who have lived in this neighborhood for a long time.

How do we think about our privilege in a housing market like this? Moving to Barnum feels like we’re sacrificing some of our amenities on the bet that those things will show up soon. That feels like exploiting a system of housing discrimination that has existed for decades. Moving into a neighborhood that is actively gentrifying might give us the right balance between diversity and access to the rest of the city but feels like we’re part of the problem displacing families from a desirable part of town they can’t afford. Moving to an already gentrified (read, “desirable”) neighborhood feels like giving up. It’s also not something we can really afford.

Maybe displacement isn’t the right way to think about gentrification. Denverite’s Erica Meltzer notes that the link between gentrification and displacement is actually pretty hard to make.

Most neighborhoods that had high poverty rates in 1970 are still poor, and chronically poor neighborhoods have lost 40 percent of their population in the intervening four decades. That is, people who can get out, do.

(See also: Joe Cortright’s Lost in Place, City Observatory, which Meltzer cites.)

Part of our privilege is that we aren’t being forced anywhere, we’re choosing to buy, and we have greater than 1 neighborhoods to consider in that choice. We’re only scratching the surface now, but as we learn more and talk to people about their neighborhoods, we’ll be thinking about the social consequences of the biggest economic choice of our lives.