I'm doing a homeowners refinance to take advantage of lower interest rates; my interest rate will be about half of what I'm currently paying. This part is good.
With this refi money I'm also going to replace some windows with energy efficient double-pane vinyl windows. This part is good.
One of the reasons I'm replacing windows is that my current wooden windows have some rotting wood around them and rather than replace this wood, I'm just going to replace the windows. This part is both bad and good.
To approve the loan, or refinance, the VA says I have to replace the wood. Then if I want to rip it out and replace it, I guess that's my business. Bad.
Just seems to me that it's dumb to replace and repaint wood that I'm fixing to rip out.
Waste of money.