After losing our last house when the "bubble" collapsed, I am pleased to say that today my wife and I just signed the papers on the house we had been renting from friends for the last year. No more lending trickery, 30 year fixed rate VA loan at a simply amazing 3.375% interest rate.
Pretty excited, AND we dont even have to move!!!

 

I'm happy for you... but even at under 4% - NO MORE 30 YEARS LOANS FOR ME!

 

Congratulations Ben & Sylvia, when is the House Warming?

 

Congrats man! Kim and I just moved to a new house on August 2... it's an awesome feeling.

 

Joe, its Sunday at 3pm. Feel free to drop on by and bring Helena along too!
Pizzaguy, I really didnt want a 30 year either but thats the only option with a VA loan unfortunately. You take what you can get when your credit is pretty marred. The VA is the only reason we were able to get a loan in the first place so I guess I'll take the bruises with the apple to save myself $300 a month on housing. With my forebearance on student loans coming close to ending we had to find a good way to make ends meet without going back to a bread and water diet. This fit out needs. When the loans are paid off in a few years we will just dump the extra into payments. No prepayment penalties or any crap like that to deal with.

 

John, the best part is the relief after dealing with over 2 months of paperwork!
That and I get to rip out those damn bushes my wife and I cant stand!

 

Congratulations on your new home! I hope you and your wife have a gazillion happy moments in it. I have many friends who got caught in the 'bubble', including neighbors who used their children's college funds with all the best of intentions. If only we all had a crystal ball...........

Alicia

 

LOL get ready, soon you'll be getting all kinds of "honey-do's" that have likely been brewing in her head for the past few years

 

Oh no, not my wife,
She only likes small projects;
Move the kitchen to the room behind it,
Wall to wall hardwood flooring (barnwood I might add),
Huge patio remodel/expansion.


Yeah, she thinks small…

 

Thanks Alicia. I agree, if we could only see the future…

 

Congrats, Really happy for you. Enjoy it....

 

congrats! pay 1 extra house note every yr and your 30 yr loan turns into an 18 yr loan! ez peazy!

 

congrats Ben, what neighborhood do you live in now? Take a ride to celebrate?

KJ

 

Kevin, thanks, I actually didnt move. Still live in the Fairview 5 mile area.
I have waaay to much to get caught up on to be able to make a drive this weekend. I might not get a weekend next weekend so no plans are being made right now.

 

just let me know...one more fall fling...

KJ

 

I'm happy for you. Alot of people don't get a chance to bounce back. Congratulations on your purchase. Enjoy it

 

Agreed and thanks!
I may never be lucky enough to win millions in the lottery, but I have never not had a job to go to and have never not had anything I needed to survive so I guess thats luck in itself.