||[May. 6th, 2002|12:42 am]
re-arranged work area. room to move. so much better.|
-- see how big of a loan i can get.
-- get a realtor
2002-05-06 01:04 am (UTC)
Man it must be nice to be a realtor. All they do is show you houses....and then....get a percentage of your money when you buy it from somebody. Here's a hot little number for $150,000 (and if I sell it to you I'm gonna make myself an easy 5 grand). I mean sure...they probably have to bargain or something in there somewhere too...but shit...I could do that, just like Mexico :-)
You really ought to speak with me before you go and buy a house.... I sure as hell wish I didn't buy my house, and now I am stuck here until the end of summer. Anyways, be careful about picking a realtor and a mortgage broker. If you have 20% down, you can get pretty much any loan you want - also 20% is the magic number where you don't have to pay PMI.... If you are not sure if you are going to stay there for more than a couple years, make sure that you aren't paying more than about a point, and keep in mind that they get points on the back end (that you don't see), so they will shop a rate that gets them the most points, and not you the best rate.... You can get a no cost loan which includes appraisal and everything for free for probably about 7% right now. This is a really nice option.
Now, as far as the realtor. If you don't have a family friend or such that already has dibs on raping you, find a realtor that will pay a point of your closing costs. This means, out of his 3% commission, he gives you 1% back. The realtor still makes plenty, and it saves you a bundle. If you can't find one easily, Costco has a real estate brochure where you can call and get an agent that will credit about 1% at closing. As a matter of fact, I think they have good mortgage deals there as well. I think there is info on the web-site. If you care about saving money, you might want to check it out.
All that said, once again, don't buy a house!
2002-05-06 11:13 am (UTC)
I want to buy a house, hizzo. :P
I'll let you know in a couple hours the rate I can get through our credit union. Costco realtors: interesting. I'll look into that.
Going to remain in Oregon?
2002-05-06 12:38 pm (UTC)
You ain't ready for a house. You trash the hell out of an apartment you lose your cleaning deposit, you trash the hell out of your house and you lose a lot more than dat... it's a lot easier to trash a house too, you got da inside and da outside to worry about... We all know yer lazy ass ain't going to be mowing no lawns and trimming no hedges neither.
Be like me man, next semester I may not even have an apartment. Thinking of just pitching a tent outside of the engineering building and running a couple of extension cords and a hose or two from the bathroom out to my tent.
2002-05-06 04:51 pm (UTC)
I love mowing the lawn. And any house I can afford won't have a large one to begin with.
And it's hard to trash a place if I "never get off my fat ass". C'mon, Nick, your brad-bashing is growing inconsistent. Pick a strategy.
For example: you could have ignored the whole trashing aspect and focused on something like, "you're too fat and lazy to maintain a house and do yardwork."