tOfficial Not really a Night Shift Thread v60, with less spicy sauce.

[williewilliejuan]

Maths suck so bad. I think I'm currently at about 21% for the first one and the other one...? Total rough guesstimate, but it looks like maybe 30%? So a little wiggle room, I suppose.

Man. I think I'd rather just continue with the status quo and not give myself any more additional work.

Those are very good ratios. How large of a down payment are you planning to make?

Fannie/Freddie will go as low as 3% for first time homebuyer, but you’ll pay mortgage insurance if you put down less than 20%. FHA allows 3.5% down (can be a gift) but you pay a monthly mortgage insurance premium regardless of how much you put down. With your ratios and decent credit, you should steer toward Fannie/Freddie because it’ll be cheaper.

 

[gobigred]

Probably save them the time it takes to raze that little homestead in order to build a new mansion.

Gotta burn the worthless Californian’s (and @beardown07 shitty cabinets) too

 

[beardown07]

At the very least, traces of Li'l Asshole's ... can't remember the dog's name ... but I remember him calling her something along those lines many times ... pee and poop.

Ya, she's gonna cost me a fortune in repairs en sech.

 

[moxie]

Those are very good ratios. How large of a down payment are you planning to make?

Fannie/Freddie will go as low as 3% for first time homebuyer, but you’ll pay mortgage insurance if you put down less than 20%. FHA allows 3.5% down (can be a gift) but you pay a monthly mortgage insurance premium regardless of how much you put down. With your ratios and decent credit, you should steer toward Fannie/Freddie because it’ll be cheaper.

Ideally, 20% to stay away from the PMI, but I'm stingy with cash, so a part of me wants to get in with the lowest down payment possible, stick it out a couple years then refi. If I could do a 15 instead of 30 year mortgage, that would make me happier, but i'm one of those dipshits that's like, "just sell me the payment!" with no regard for the long term implications. Instant gratification en sech.

If I could stop being such a chicken shit (and if my job allows) and move out of California, this would all be so much easier on my stress levels.

 

[Dolemite censored]

The good news for home owners in the Bay Area is we could sell our homes here, move almost anywhere else in the country, get a much larger home, and still have a fuckton of money left over. That's even the case for a lot of condos out here.

True that. The market up here was crazy when I sold in 2018. Gave a couple of Microsofters an outrageous sell price and they didn't blink. Fuck, I should have asked for more....

 

[moxie]

Gotta burn the worthless Californian’s (and @beardown07 shitty cabinets) too

That's murders, bro. Can't do that.

 

[Guy Incognito]

That's murders, bro. Can't do that.

Isn't mercy killing legal now?

Thinking of @beardown07's cabinets here.

 

[Peter Gozintite]

Not necessarily. First, what are you trying to finance?

Second, what are your other debts (Credit cards, cars, student loans, etc)?

The most important things to get a loan (I’m specifically talking mortgage here) are:

- Your credit score: Anything over 700 is good, but you can get a mortgage with a score as low as 580

- Your ratios: Lenders primarily look at two different ratios (housing to income and debt to income). The first one looks at the ratio of your monthly housing expenses to your average monthly gross income. A good ratio here is 31% or less. The second one adds all of the monthly expenses you’d see on a credit report (credit cards, car loans, student loans, etc) and compares that to your average monthly gross income. A good DTI or back ratio is 43%, but higher ratios are approvable. This doesn’t include things like groceries or utilities.

- Down payment and where it came from. Savings is better than a gift.

- Cash reserves

Wrenchful rating

 

[ukfanfrombirth (cali cat)]

True that. The market up here was crazy when I sold in 2018. Gave a couple of Microsofters an outrageous sell price and they didn't blink. Fuck, I should have asked for more....

I've gotten incredibly lucky with this house - my first one, too.
Beyond the fact I got them right before things went insane with the market (which was pure luck both times), I hit the all-important trifecta with both - location, location, location.
I'm golden if I ever sell this place.

 

[WestEndVol]

@moxie loves ya, boo

 

[gobigred]

That's murders, bro. Can't do that.

But it’s people from California.

 

[ukfanfrombirth (cali cat)]

But it’s people from California.

While, yes, in all my years out here, I can think of only one close friend who is a native Californian,
Not everyone from California is an insufferable nut case.

 

[Dolemite censored]

I've gotten incredibly lucky with this house - my first one, too.
Beyond the fact I got them right before things went insane with the market (which was pure luck both times), I hit the all-important trifecta with both - location, location, location.
I'm golden if I ever sell this place.

Settle that boundary dispute once and for all.

 

[gobigred]

While, yes, in all my years out here, I can think of only one close friend who is a native Californian,
Not everyone from California is an insufferable nut case.

 

[moxie]

Save your puerile comments for later... I'm making sweet, spicy roasted nuts. The sweet is coming from white sugar. think i'll ruin it if i put just a dab of maple syrup in? Spices are just pepper, cumin & cayenne.

 

[Inquisitor]

Save your puerile comments for later... I'm making sweet, spicy roasted nuts. The sweet is coming from white sugar. think i'll ruin it if i put just a dab of maple syrup in? Spices are just pepper, cumin & cayenne.

Okay I'll talk about my sweet and spicy nuts later.

 

[moxie]

Okay I'll talk about my sweet and spicy nuts later.

Turd. I added a little teensie bit. I think it will be a good thing.

 

[steelerssb]

Thought I'd browse around and see what's going on. Is this the place to be or is the old Hoopla still going strong? Has much changed or is everything pretty much the same?

The NS there is mostly @tabascojet talking to himself.

I think. I'm kinda banned over there now

 

[steelerssb]

I'm making sweet, spicy roasted nuts.

is finally coming over?

 

[ukfanfrombirth (cali cat)]

Well, I can at least think of one.
Aren't you a native Californian, @moxie ?

(Not that you need me to tell you this, but be very careful how you respond, lest she respond she'll cut a bitch (which, of course, is one of the first things I liked about her!!!)