The week countdown has begun. I can hardly believe it is finally here!!! The movers come Friday morning, so I am trying my best to be ready for them. We still don't have a closing date on our home. The appraisal company that we hired didn't pull comps for the house that were actually comps, but rather went off of square footage alone. They never finished the appraisal, just decided that they couldn't come up with the sale's price and stopped. I'm hoping they got their act together, pulled some true comps, and will have the report for us Mon morning so we can see where we are at. It has been a frustrating process. My agent isn't too worried and thinks that once they do their homework and find true comps the price will be fine. The lender called me on Tues and after having promised numerous times there would be no problem with a 100% loan, told me they wouldn't do it. They would only do the first XXX amount at 100% then the rest would be a 2nd mortgage at 9 2/8% interest making our monthly payment about $500 more a month. We will just have to pay it off or refinance it when we get settled.
My neighbor has yelled at the kids a couple of more times out of her window while they've been outside playing. I was going to try and be nice, but I've had it. I'm revising my letter and mailing it to her on Mon. Then, when she gets it and blows her top, she can kiss my you know what and I'll have no problem telling her that and telling her to leave my kids and family alone.
Daniel has been running a high fever since last night. Tylenol finally broke it this afternoon and he is sleeping again. Hopefully whatever he has won't be passed around to everyone else right when we need to be traveling.
We sure could use some prayers our way that things will all work out okay and that nobody else will get sick.
3 comments:
you were never going to get 100% in today's environment. in some ways you'll be lucky to get a loan at all.
NO, there are actually still special programs out there for docs for 100%, but Polk County Florida is a declining market so it is hard to find anyone who will still do it, but they are there. Our credit ratings are good enough that we could get a loan for a lot more than we are, but who wants that high of payments?
And it ticks me off that idiot lender's and people who couldn't afford the homes they were buying did it anyways and have created this crisis through there stupidity and have made it so difficult for everyone else. Instead of bailing them all out the gov't should fine them.
i would just consider yourself lucky you got a loan. you should read some of the stories in the WSJ....
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