I think I found my new home! - Page 4

Herr-Berbunch · 03-12-13, 12:09 PM

^

AVGWarhawk · 03-12-13, 12:38 PM

Quote:

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 · 03-12-13, 01:32 PM

Quote:

Originally Posted by AVGWarhawk

Good for you on the 25% down

All I can think of.

frau kaleun · 03-12-13, 04:26 PM

Quote:

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.

Quote:

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!

Quote:

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 · 03-13-13, 04:01 PM

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

<O>

frau kaleun · 03-14-13, 07:03 PM

So I sent the banker dude some info and asked for a ballpark figure on what my monthly payment would be at the price I am going to offer and the current rates - the number he quoted me (mortgage + taxes) is less than my current monthly rent.

Granted I doubt I will get it at that price, but even at the full listed price it's not much more a month. The best part is he misread my email and based his math on a 20% downpayment, not a flat $20K downpayment... so he underestimated my downpayment (and over estimated the amount of the loan) by several thousand dollars.

Also checked with the local electric company (which would be the only utility where the bills could be significantly higher without me opting into more services) and the average monthly bill at that property over the past two years is only about $30 more than what my bill is here. Even the highest bills during the coldest winter months are only about that much more than I pay now in the winter.

In short: THIS IS SO TOTALLY DOABLE!!!!!

I am checking like, every 30 minutes to make sure the status of the property isn't suddenly upgraded to "under contract" or "pending" or something. PLEASE PLEASE PLEASE don't let anyone else make an offer on this before Saturday.

Takeda Shingen · 03-14-13, 07:11 PM

Quote:

Originally Posted by frau kaleun

I am checking like, every 30 minutes to make sure the status of the property isn't suddenly upgraded to "under contract" or "pending" or something. PLEASE PLEASE PLEASE don't let anyone else make an offer on this before Saturday.

Wait, you didn't want someone else to make an offer? Uh oh.....

03-14-13, 07:17 PM

Quote:

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................................

frau kaleun · 03-14-13, 07:40 PM

Quote:

Originally Posted by Takeda Shingen

Wait, you didn't want someone else to make an offer? Uh oh.....

Why uh oh? I just mean I don't want someone else making an offer and getting a lock on buying this place before I have the opportunity.

frau kaleun · 03-14-13, 07:48 PM

Quote:

Originally Posted by privateer

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................................

I would reply to this post but as it clearly does not and never did exist, I have found it impossible to respond.

On a related note, I'm Spartacus.

Takeda Shingen · 03-14-13, 08:19 PM

Quote:

Originally Posted by frau kaleun

Why uh oh? I just mean I don't want someone else making an offer and getting a lock on buying this place before I have the opportunity.

And I was joking by insinuating that I was going to make an offer on the property.

frau kaleun · 03-14-13, 08:40 PM

Quote:

Originally Posted by Takeda Shingen

And I was joking by insinuating that I was going to make an offer on the property.

Oh, okay. That's alright then.

But... uh... just don't make an offer on it 'kay? Cuz I like you and I wouldn't want to have to kill you or anything.

Takeda Shingen · 03-14-13, 08:47 PM

Quote:

Originally Posted by frau kaleun

Oh, okay. That's alright then.

But... uh... just don't make an offer on it 'kay? Cuz I like you and I wouldn't want to have to kill you or anything.

No worries. I know you're nervous. I certainly was before closing on my home.

frau kaleun · 03-14-13, 08:49 PM

Quote:

Originally Posted by Takeda Shingen

No worries. I know you're nervous. I certainly was before closing on my home.

And I haven't even opened negotiations yet, imagine what I'll be like when it's all happening for realz.

Reece · 03-14-13, 08:57 PM

If you're happy with the house and land, price/payments, neighborhood, then relax, it's a great investment.

03-12-13, 12:09 PM	#46
Herr-Berbunch Kaiser Bill's batman Join Date: May 2010 Location: AN72 Posts: 13,203 Downloads: 76 Uploads: 0	^ __________________

03-13-13, 04:01 PM	#50
vienna Navy Seal Join Date: Jun 2005 Location: Anywhere but the here & now... Posts: 7,711 Downloads: 85 Uploads: 0	Angering Yakuza and/or Triads? Damn, I knew there were some I had left off my list... <O> __________________ __________________________________________________ __

03-14-13, 08:57 PM	#60
Reece CINC Pacific Fleet Join Date: Sep 2003 Location: Down Under Posts: 34,688 Downloads: 171 Uploads: 0	If you're happy with the house and land, price/payments, neighborhood, then relax, it's a great investment. __________________ *Sub captains go down with their ship!*

03-14-13, 07:03 PM	#51
frau kaleun Rear Admiral Join Date: Nov 2009 Location: Skyri--oh who are we kidding, I'm probably at Lowe's. Again. Posts: 12,706 Downloads: 168 Uploads: 0	So I sent the banker dude some info and asked for a ballpark figure on what my monthly payment would be at the price I am going to offer and the current rates - the number he quoted me (mortgage + taxes) is less than my current monthly rent. Granted I doubt I will get it at that price, but even at the full listed price it's not much more a month. The best part is he misread my email and based his math on a 20% downpayment, not a flat $20K downpayment... so he underestimated my downpayment (and over estimated the amount of the loan) by several thousand dollars. Also checked with the local electric company (which would be the only utility where the bills could be significantly higher without me opting into more services) and the average monthly bill at that property over the past two years is only about $30 more than what my bill is here. Even the highest bills during the coldest winter months are only about that much more than I pay now in the winter. In short: THIS IS SO TOTALLY DOABLE!!!!! I am checking like, every 30 minutes to make sure the status of the property isn't suddenly upgraded to "under contract" or "pending" or something. PLEASE PLEASE PLEASE don't let anyone else make an offer on this before Saturday.