First House/VA loans

[AWMac]

Did my first house on a VA Loan.

Took a lil less than 3 Months from the time first seen the house until we moved in.  Those extra inspections pays off too.  I have a 5 bedroom, 2 Bath with 2 car garage. A single car Garage that is a workshop now. Inground pool 9 1/2 ft deep with a waterfall. Oh yeah and a pond out back with all kinds of fish, ducks, geese, frogs, turtles....you get the picture.

Pools are a biyatch to open and clean.

Congrats Gun!

May I suggest you get an Italian Poolboy to keep ummmmm the a.....pool clean while yer at work?  Also keep tabs on how many bottles of Sun Tan Lotion the wifey goes through.

Mac

[Gunslinger]

Well mac I hope I have better luck.  I have a little over 30 days till I need to move.  I look at houses next week.  Hopfully having the pre-approval done will save some time when it comes to closing.

[rpm]

Originally posted by midnight Target
WHAT!!??

I'm freakin moving! How's the Texas job market?

It's booming right now. You'd make a killing in RV's here, there's lots of disposable income floating around.

Heck, I'll set ya up with 25 acres for $150K. I've got around 200 acres so I can spare a few.

(Did I mention there's no state income tax?)

[Gunslinger]

Originally posted by rpm
It's booming right now. You'd make a killing in RV's here, there's lots of disposable income floating around.

Heck, I'll set ya up with 25 acres for $150K. I've got around 200 acres so I can spare a few.

(Did I mention there's no state income tax?)

Yes but as I've noticed property taxes make up for lack of state income tax.

Either way land is cheap and God aint makin any more of it.

[rpm]

The school property taxes can be high, but they are set locally. If people would quit voting yes on every bond election and it would drop. Our school just built a $1M athletic facility it didn't need and it bumped my taxes 2%.

The problem is only property owners pay tax, renters don't. You can argue that the cost is passed along, but it still is the burden of the property owner to pay the bill.

[midnight Target]

Seriously, I could cut my house payments in half and have twice the house...

I'm updating the resume' and lobbying the wife.

[Seagoon]

Hi Gunslinger,

Originally posted by Gunslinger
WOA,
SOmeone please make the headaches stop.  Is buying your first house one gigantic headach after another?  Seriously doing all of this and planning a PCS move accross the country with HALF my possessions, 2 children, 2 dogs, 2 cats and a wife is stressfull enough.........

my first lender fell through.....seems he's not able to write a loan in the state of Texas.

I can honestly say "I feel your pain" in this case.

We are in the midst of buying our first house right now, which is a VA foreclosure and its also nothing but headaches. Aside from having to replace most of the interior of the home, which the evicted owners thoughtfully gutted, we also had our first lender fall through. Two days prior to the original closing date we got a call from our agent's supervisor indicating that the original amazing rate that we had been offered had been based on the fact that she hadn't actually pulled our credit rating. Needless to say he, couldn't come up with another offer in 2 working days, and we'd stopped looking for lenders after we got the supercalafragilistic offer from their company, so we had to get an extension on the closing. Godwilling we will close on the 22nd, but we now have substantially less time and money with which to renovate before our move date.

Ah well, its generally only in the midst of adversity that we actually grow.

- SEAGOON

[Gunslinger]

Goon we'll pray for eachother.

I don't even have a property yet, that's what next week's trip to San Antonio is for so good luck to both of us.


MT,

You move to Texas and the smart money say's you'll be a God Fearing conservative in no time.





Ok I can't back that up.....not in the least.   At minimal you'll realize what real life is like outside of Kalifornia and discover real people and become a libertarian.

[DREDIOCK]

Originally posted by Gunslinger
WOA,
SOmeone please make the headaches stop.  Is buying your first house one gigantic headach after another?  Seriously doing all of this and planning a PCS move accross the country with HALF my possessions, 2 children, 2 dogs, 2 cats and a wife is stressfull enough.........

my first lender fell through.....seems he's not able to write a loan in the state of Texas.


breathe.....


OK i'm done.

LMAO.

My Uncle has a theory on all the hoops they make you jump through to geta  loan for your first house.

He says they must do it jut to make sure you REALLY want to buy a house.
OR so it seems anyway.

When we bought ours we'd gone though all kinds of stuff and they asked all kinds of questions.
Finally it came down to explainnig why one credit card payment was made 3 days late.
Now if you knew my wife (she does the bills) she  NEVER pays anything late and damn near has a breakdown if she cant send in the payment at least two weeks early. But records showed this one payment was 3 days late.
Why? neither of us knew as it was like 5 years earlier.

Finally she was dusgusted enough to say "look I dont remember why that bill was paid 3 #()%*# days late 5 years ago. If its going to come down to the one time I paid something late then take your loan and shove it.
Now either the info we provided is good enough to get the loan or its not. Make up your damn mind."

3 days later we were told the loan was approved

[DREDIOCK]

oh and once the headaches stop Carplal tunnel begins as well as the complete ruining of your signature.

If it was legible before it will no longer be afterward and it will be forever changed.

Think Im joking?

Wait till you sign all the papers then look at your signature on the first page. and the one on the last. if the one on the last looks anything like the one on the first you are indeed unique.

I know mine starrrted nice and neet and by the time I reached the last one the only thing that looked familiour is the first and last letters of my first and last name. everything else was just a scribble and has stayed that way ever since  lmao

[rpm]

Ya both need to hurry up and move here so you can vote for Kinky!

[Gunslinger]

Originally posted by DREDIOCK
oh and once the headaches stop Carplal tunnel begins as well as the complete ruining of your signature.

If it was legible before it will no longer be afterward and it will be forever changed.

Think Im joking?

Wait till you sign all the papers then look at your signature on the first page. and the one on the last. if the one on the last looks anything like the one on the first you are indeed unique.

I know mine starrrted nice and neet and by the time I reached the last one the only thing that looked familiour is the first and last letters of my first and last name. everything else was just a scribble and has stayed that way ever since  lmao

I allready signed about a dozen pages of disclosures and what not just for the pre-approval.

[FiLtH]

Got mine thru a VA loan. Couldnt have done the down payment without it. Was a few yrs back, and was fixed at 75, at 30yrs, but have since refinanced at 5.3 for 15 yrs. fixed.  Yes..I will never go through it again!

[midnight Target]

Originally posted by Gunslinger
MT,

You move to Texas and the smart money say's you'll be a God Fearing conservative in no time.





Ok I can't back that up.....not in the least.   At minimal you'll realize what real life is like outside of Kalifornia and discover real people and become a libertarian.

I find it a little comical when people half my age tell me what I need to discover.

But thanks for the good thoughts anyway.

[Gunslinger]

Originally posted by midnight Target
I find it a little comical when people half my age tell me what I need to discover.

But thanks for the good thoughts anyway.

Just trying to spread a little cheer.  I know what it's like to live in the smog and liberal hippie infested Kalifornia.