Hi All,
I’m refinancing my beach house, the appraiser pointed pointed out in the report that the roof had a temporary patch where the fireplace chimney was, and the paint is peeling on the house. Both need to be fixed prior to closing. Roof is not a problem, I can do that regardless of temperature.
Sherwin Williams Duration or Resilience brand paints supposedly can be applied down to 35 degrees. Surface must also be 35 or above. Anyone have experience with this or some other paint brand, applied this time of year?
Thanks
Kevin
Replies
If you can't get the painting done in your climate, check something along this line out. We refi'ed a while back on a house that was a work in progress. We removed a large window in a wall that was brick. The opening was framed in covered and drywalled and finished on the inside. This was noted and Countrywide wanted the worked completed or an estimate from a contractor with cost to complete the brick work, this amount plus a contingency fee was held back and escrowed. When work was completed the funds were released.
Worked for us. And didn't slow down the paperwork.
excellent answer, I'm going to call my mortgage broker and see what he says.Thanks
Kevin
Here's more details on what we had to do. Countrywide would not do this with a homeowner doing the repair, had to be a real contractor. Since I was going to do the brick work I had a contractor friend give me an estimate on his letterhead, if the work was not done in the agreed upon time this contractor would have been called in to complete the job.I did the work, sent in photos of completed work and the $$$ was released.Now painting in New Jersey this time of the year would be a challenge, give it a try.
We had our rate locked in and were getting down to the wire, didn't slow down the process.Good luck, I hate painting!!!!
Sherwin Williams used to specify air and surface temperatures at least 35F for 48 hours and the dew point has to be fairly low (I forget how they spec the dew point). The last time I looked, they dropped a time specification but I feel that the 48 hour spec is reasonable.
I am not sure how your climate runs in New Jersey, however, here in Ohio if it is warm in the winter, it is usually due to warm air coming up from the Gulf of Mexico which also bring a lot of moisture so even if it goes two days without raining, the dew point is very close to the air temperature.
A couple of years ago, I was pushing the end of the season, painting in mid-December. The temperature was OK but it was too humid. The moisture condensed on the fresh paint and it ran. Of course it was the trim so it ran down the body color which I was stuck with until spring when I could repaint both the body and trim. Fortunately it was not a big area.
The low temperature paints get you a few additional painting days but usually don't greatly increase the painting season.
I'd really rather do this in the spring, just heard back from my broker, escrow idea won't work in my situation. I'm probably just going to lightly scrape and put cheap paint up, than scrape the whole thing down to bare wood with paintshaver in the spring and do it right.
Thanks all
kevin
That sounds like a lot of work. Did they say what you had to paint it with? This may be a crazy idea, but what about scraping it and priming it with something like Kilz.
probably just going to knock off the bigger flakes and paint with whatever white paint I got laying around. That, or postpone the refi until I have it painted corectly. Fed rate cut may help rates for mortgages drop even further.
An option is to tent the area. Often you won't even need to heat it, since just heat from the house plus sunlight is enough to give you another 10 degrees or so.
no heat in the house, it was electric bb but I removed the downstairs units when I was doing the other work.
Edited 12/16/2008 12:17 pm ET by dockelly
I've not used the SW with the low-temp requirements, but I have used one from Olympic.
The temp restriction (usually) is not just for application -- the temp has to stay at or above 35* till the paint cures -- usually 24 hours.
I have not had a callback on that stuff. I'd guess that the oldest of those jobs is now 6 years.
Yeah. I have experience with P&L Accolades being applied in Denver in Febuary. I thought I had it well prepped and in bright sunlight.
Had to redo it a year and half later.
In the summer.
not that it helps you much, but we recently built a garage for this lady and the first day of framing it snowed....When we painted we hung 1 mil plastic off of the eaves and rake and blew heat in with this mammoth heater....it was horrible....
All I ever wanted in life was an unfair advantage...
"Both need to be fixed prior to closing."
Hun?, this is your place already, your refinancing and you can't refinance a house with a bad paint job?, how they justify that? wouldn't be an issue here?
just goes to show the current lending enviroment, it was peeling when I bought it, not a problem 3 1/2 years ago.
A little bit different situation, but I have been indirectly involved in sale of 3 house in the last 6 months.I think that all three where FHA loans.2 where foreclosures and the banks would not make repairs. In the first one they appraiser called flaking paint. This was on the block crawlspace foundation. Did not have to be repainted, but just no flaking paint. Likewise some garage windows. Now 1/2 the putty was gone, but all I had to do was to scrape off the loose paint.And the back door was in bad shape and veneer was pealing. The buyers was going to replace it. But I had to sand it and paint it. They seller also had to replace the WH and copper gas line.The 2nd one was a fairly new house. But the appraiser called out a missing WH discharge pipe, jury rigged flex gasline, and loose soffit. The buyers agent and the mortage broker split the repairs. After fixing the WH I turned on the water and light the WH. OPS, heard water running. There was a broken hot water line to the tub in the MBR. How the buyers inspector and the buyer knew that, but it was not commuicated to me. Anyway that was not a problem for the appraiser. He just wanted to see a good gasline and that the WH could be lite. At the same time there was a smoke off the wall and the light fixture hanging down in the laundry room.On the 3rd the WH was bad and the electrical panel was bad. Water had dripped on the panel, odd breakers had been used and they did not seat properly and the coverplate did not fit.But the appraiser ignored the panel and required the buyers to escroll for new WH and for freeing up windows in the bedrooms that where painted shut..
William the Geezer, the sequel to Billy the Kid - Shoe
I'm a little south of you in Mays Landing.My experience in cool weather painting has been lousy. I would put it off as even decent temperatures during painting can still wind up with peeling if the paint isn't completely dry before sundown.
mike