I think I found my new home!

[frau kaleun]

Originally Posted by Wolferz

We'll all be needing your new address. So we can show up without warning to raid your fridge, sleep on your couch and put our feet on your table while we watch tv.

See, this is why I'm gonna hafta prop that big black belt diploma right up there in the front window.

[Wolferz]

Originally Posted by frau kaleun

See, this is why I'm gonna hafta prop that big black belt diploma right up there in the front window.

I beats easy, you won't need the show of force.

Another sign that works...

FORGET THE DOG
BEWARE OF OWNER!

[AVGWarhawk]

Frau,
I just closed on my 3rd home. Things are a bit different these days concerning financing. Years ago I had to put down a large percentage on my first home. My second home all I needed was a pulse and two paycheck stubs. As of the past three months on the house we closed on just last week, I never had a body cavity search by the finance folks like this...EVER. It was to the point I felt like a criminal. Every dime that deposited into my checking account I had to explain where it came from. Not my paycheck but other larger deposits. They do this to assure you have not other outstanding obiligations financially. Also, pre-approved does not amount to a hill of beans. Not until you go through the process getting actual approval for the purchase are you in the clear. At that time do not apply for credit. Do not run up a credit card. These folks will look and continue ask for statements, stubs and a pint of blood. No matter how much they hound you remember that the finance people are in business to approve a loan. The way they probe your rear you would think otherwise.

It's very stressful to purchase a home. Eventually the smoke clears and you are standing with the golden key to your new home. Also a tidy interest rate write off every April(at least for now). Remember to set aside start up money. Moving van/guys if needed. New blinds if needed. Things of that nature. That crap adds up.

Good luck!

[vienna]

Congrats on finding a possible new "Frauheim"...

Now, besides all the fiscal and recon advice, I'd like to point out, in addition to posting your black belt certificate in the front window, perhaps also placing a bust of Beethoven next to it might deter ne'er-do-wells; a scowling LVB would probably frighten away anyone...

Good luck with the new digs...

<O>

[frau kaleun]

Originally Posted by AVGWarhawk

Frau,
I just closed on my 3rd home. Things are a bit different these days concerning financing. Years ago I had to put down a large percentage on my first home. My second home all I needed was a pulse and two paycheck stubs. As of the past three months on the house we closed on just last week, I never had a body cavity search by the finance folks like this...EVER. It was to the point I felt like a criminal. Every dime that deposited into my checking account I had to explain where it came from. Not my paycheck but other larger deposits. They do this to assure you have not other outstanding obiligations financially. Also, pre-approved does not amount to a hill of beans. Not until you go through the process getting actual approval for the purchase are you in the clear. At that time do not apply for credit. Do not run up a credit card. These folks will look and continue ask for statements, stubs and a pint of blood. No matter how much they hound you remember that the finance people are in business to approve a loan. The way they probe your rear you would think otherwise.

It's very stressful to purchase a home. Eventually the smoke clears and you are standing with the golden key to your new home. Also a tidy interest rate write off every April(at least for now). Remember to set aside start up money. Moving van/guys if needed. New blinds if needed. Things of that nature. That crap adds up.

Good luck!

Well, I don't know what else is coming or what to expect, so I'm sure it will be a new and exciting experience. I've sent bank statements, paystubs, and W2s to the bank's loan dude already. I have zero debt except for what's on the Amazon card I use for everyday purchases and pay off twice a month. I got the letter notifying me that they'd checked my credit scores and let's just say that they are really, REALLY good.

I've got a 25% downpayment on the place I want, and that's assuming I pay the price at which it's currently listed... plus $5K set aside for other expenses without touching my other savings. I should be able to add to that, depending on how long the process takes, since unless something major and unexpected comes up in other areas I've got a surplus of around $1000 a month after all current bills and expenses are paid. I can open an account at the bank where I'm doing the financing and get a nice discount on closing costs, so I plan on doing that as soon as things get underway for realz.

[swamprat69er]

Originally Posted by frau kaleun

Well, I don't know what else is coming or what to expect, so I'm sure it will be a new and exciting experience. I've sent bank statements, paystubs, and W2s to the bank's loan dude already. I have zero debt except for what's on the Amazon card I use for everyday purchases and pay off twice a month. I got the letter notifying me that they'd checked my credit scores and let's just say that they are really, REALLY good.

I've got a 25% downpayment on the place I want, and that's assuming I pay the price at which it's currently listed... plus $5K set aside for other expenses without touching my other savings. I should be able to add to that, depending on how long the process takes, since unless something major and unexpected comes up in other areas I've got a surplus of around $1000 a month after all current bills and expenses are paid. I can open an account at the bank where I'm doing the financing and get a nice discount on closing costs, so I plan on doing that as soon as things get underway for realz.

Sounds to me like you got your act together.

[Red October1984]

Originally Posted by swamprat69er

Sounds to me like you got your act together.

Yeah....How does she have no debt?

She is a black belt....which points to Asia....which can point to Triads/Yakuza...which are criminals....that can erase bank records for a price....and Frau Kaleun gets off because she knows Karate....which is an Asian thing....hence...connection.....then she mentions that she has money....and can pay the Yakuza/Triads to take care of her financial issues. BAM!

I'm watching you Missy....

EDIT: WHAT IF SHE IS TRAINING ASIAN GANGSTERS TO FIGHT?!?!?!

[Takeda Shingen]

Originally Posted by Red October1984

Yeah....How does she have no debt?

She is a black belt....which points to Asia....which can point to Triads/Yakuza...which are criminals....that can erase bank records for a price....and Frau Kaleun gets off because she knows Karate....which is an Asian thing....hence...connection.....then she mentions that she has money....and can pay the Yakuza/Triads to take care of her financial issues. BAM!

I'm watching you Missy....

EDIT: WHAT IF SHE IS TRAINING ASIAN GANGSTERS TO FIGHT?!?!?!

Then you are probably in a whole lot of trouble for putting all that together. Is that a knock at the door? If so, are there large men standing outside?

[Sailor Steve]

Originally Posted by Red October1984

Yeah....How does she have no debt?

She explained all that, probably long before you came aboard. Go look at her old threads.

She is a black belt....which points to Asia....

Or to Ohio.

I'm watching you Missy....

Didn't you read her comment to Neal when he called her that? And you might not want to let her catch you watching her, let alone tell her about it.

EDIT: WHAT IF SHE IS TRAINING ASIAN GANGSTERS TO FIGHT?!?!?!

Then you might not want to antagonize her. Or even let her know you're alive.

[AVGWarhawk]

Originally Posted by frau kaleun

Well, I don't know what else is coming or what to expect, so I'm sure it will be a new and exciting experience. I've sent bank statements, paystubs, and W2s to the bank's loan dude already. I have zero debt except for what's on the Amazon card I use for everyday purchases and pay off twice a month. I got the letter notifying me that they'd checked my credit scores and let's just say that they are really, REALLY good.

I've got a 25% downpayment on the place I want, and that's assuming I pay the price at which it's currently listed... plus $5K set aside for other expenses without touching my other savings. I should be able to add to that, depending on how long the process takes, since unless something major and unexpected comes up in other areas I've got a surplus of around $1000 a month after all current bills and expenses are paid. I can open an account at the bank where I'm doing the financing and get a nice discount on closing costs, so I plan on doing that as soon as things get underway for realz.

You sound golden! Good for you on the 25% down. Screw that mortgage insurance crap. Save a boat load!

[Tchocky]

Originally Posted by AVGWarhawk

Good for you on the 25% down

All I can think of.

[frau kaleun]

Originally Posted by Takeda Shingen

Is that a knock at the door? If so, are there large men standing outside?

Sadly, I don't know any Asian men who can go scare the crap out of anybody. I do however know a couple former paratroopers and Marines. Most of them seem to be scared of me, though... I can't imagine why. But I'd probably have to do the dirty work myself.

Originally Posted by Sailor Steve

There is no Subsim Party Education Coersive Overlords Protective Strike team, but if there were...

But... but... I already ordered the uniform! I had it embroidered and everything!

Originally Posted by AVGWarhawk

You sound golden!

Um... yeah. That's why I just had to google "mortgage insurance." But apparently that's usually only required if you are putting down less than 20%, so maybe as you say I won't have to worry about it.

I expect when all is said and done, I'll feel a lot like this at the closing:

[vienna]

Angering Yakuza and/or Triads? Damn, I knew there were some I had left off my list...

<O>

Originally Posted by frau kaleun

But... but... I already ordered the uniform! I had it embroidered and everything!

On behalf of the non existent SPECOPS team.
If We existed (Which We don't) I would like to thank you for your co operation by decorating a uniform that doesn't exist.

You did of course use a non existitng thread to do your embroidery work I hope.
As the non existing guidelines do not clearly state this requirement for some reason.


.................. I'm Batman................................

[AVGWarhawk]

Originally Posted by frau kaleun

Um... yeah. That's why I just had to google "mortgage insurance." But apparently that's usually only required if you are putting down less than 20%, so maybe as you say I won't have to worry about it.

Correct, 20% or higher down payment will negate having to pay mortgage insurance. To me, mortgage insurance is just a darn cash grab.