Choose your color scheme:
The Vette Barn  
 
Go Back   The Vette Barn > Off Topic/Babes/Other > Off Topic

Off Topic Off Topic - General non-Corvette related discussion.

User Tag List

Reply
 
Share Thread Tools Search this Thread
Old 05-25-2023, 12:08pm   #1
DJ_Critterus
Explosive Salami
Stall Owner #1120.2520
 
DJ_Critterus's Avatar
 
Join Date: Feb 2010
Location: Not Ceasing & Desisting on the leeward side of Anger Island
Posts: 54,048
Thanks: 22,627
Thanked 28,937 Times in 12,251 Posts
Gameroom Barn Bucks: $9018209
Default Closing on my house tomorrow and the bank just scared me...

Gotta love it when the bank's loan processor calls, say's something odd is happening with the loan for final approval, and has her supervisor online to explain it to me.

Oh shit.... here we go. Something got portered and I'm getting screwed like STS in a truck stop restroom.

Nope..... they over estimated my closing costs and seller gave too many credits. About $6K worth of credits. So, I am getting back about $2K cash for my earnest money and inspection fees. Most of the rest is going to pay down the point, so I went from 5.502% to 5.125%. About $385 has to be left on the table because legally it can only be applied to the point, closing costs, or any out of pocket expenses I had and there is no place to apply it.

Woo Hoo.... stuff is going DJ's way (in a good way) for once
DJ_Critterus is offline   Reply With Quote
Old 05-25-2023, 12:12pm   #2
Louie Detroit
Barn Stall Owner #0331
Points: 50,309, Level: 100
Activity: 87.4%
 
Louie Detroit's Avatar
 
Join Date: Jun 2021
Location: USMC 0331 Forever
Posts: 16,548
Thanks: 9,345
Thanked 8,433 Times in 3,510 Posts
Gameroom Barn Bucks: $500
Default

You canít find a way to repurpose that $385 toward hookers and blow for a closing party?
Louie Detroit is online now   Reply With Quote
The Following User Says Thank You to Louie Detroit For This Useful Post:
Old 05-25-2023, 12:19pm   #3
DJ_Critterus
Explosive Salami
Stall Owner #1120.2520
 
DJ_Critterus's Avatar
 
Join Date: Feb 2010
Location: Not Ceasing & Desisting on the leeward side of Anger Island
Posts: 54,048
Thanks: 22,627
Thanked 28,937 Times in 12,251 Posts
Gameroom Barn Bucks: $9018209
Default

Quote:
Originally Posted by Louie Detroit View Post
You canít find a way to repurpose that $385 toward hookers and blow for a closing party?
I asked. Even assured the loan processor that it wasn't going to be an orgy and she said no.
DJ_Critterus is offline   Reply With Quote
Old 05-25-2023, 12:21pm   #4
Vandelay Industries
Barn Stall Owner #14/32
Points: 42,732, Level: 100
Activity: 58.1%
 
Vandelay Industries's Avatar
 
Join Date: Jan 2020
Location: IDK, IDC, IDGAF
Posts: 23,471
Thanks: 15,734
Thanked 13,992 Times in 5,389 Posts
Gameroom Barn Bucks: $4810
Default

Quote:
Originally Posted by DJ_Critterus View Post
I asked. Even assured the loan processor that it wasn't going to be an orgy and she said no.
She wanted an invitation.
Vandelay Industries is online now   Reply With Quote
The Following User Says Thank You to Vandelay Industries For This Useful Post:
Old 05-25-2023, 12:35pm   #5
LATB
A Real Barner
Points: 129,537, Level: 100
Activity: 99.1%
 
LATB's Avatar
 
Join Date: Jan 2011
Location: Green Acres is the place to be...
Posts: 40,149
Thanks: 6,913
Thanked 25,686 Times in 11,680 Posts
Gameroom Barn Bucks: $8122190
Default

5.125 is an excellent rate in todayís market.
Good job.
LATB is offline   Reply With Quote
The Following 3 Users Say Thank You to LATB For This Useful Post:
Old 05-25-2023, 1:05pm   #6
Bill
10cm member
Barn Stall Owner #90125

NCM Supporter '19,'20
Points: 245,142, Level: 100
Activity: 99.2%
 
Bill's Avatar
 
Join Date: Jan 2011
Location: Houston, Tejas, Estados Unidos
Posts: 85,404
Thanks: 39,252
Thanked 42,979 Times in 17,933 Posts
Gameroom Barn Bucks: $2621492
Default

Quote:
Originally Posted by DJ_Critterus View Post
I asked. Even assured the loan processor that it wasn't going to be an orgy and she said no.
Pics of loan processor. You know, for science and stuff.
Bill is online now   Reply With Quote
The Following 4 Users Say Thank You to Bill For This Useful Post:
Old 05-25-2023, 1:06pm   #7
DJ_Critterus
Explosive Salami
Stall Owner #1120.2520
 
DJ_Critterus's Avatar
 
Join Date: Feb 2010
Location: Not Ceasing & Desisting on the leeward side of Anger Island
Posts: 54,048
Thanks: 22,627
Thanked 28,937 Times in 12,251 Posts
Gameroom Barn Bucks: $9018209
Default

Quote:
Originally Posted by Vandelay Industries View Post
She wanted an invitation.
My reply was part of the invitation
DJ_Critterus is offline   Reply With Quote
The Following User Says Thank You to DJ_Critterus For This Useful Post:
Old 05-25-2023, 1:08pm   #8
DJ_Critterus
Explosive Salami
Stall Owner #1120.2520
 
DJ_Critterus's Avatar
 
Join Date: Feb 2010
Location: Not Ceasing & Desisting on the leeward side of Anger Island
Posts: 54,048
Thanks: 22,627
Thanked 28,937 Times in 12,251 Posts
Gameroom Barn Bucks: $9018209
Default

Quote:
Originally Posted by bill_daniels View Post
Pics of loan processor. You know, for science and stuff.
After the KungFlu scamdemic, do you really want to trust the science? Hate to say this, but you're better off trusting me...or even Porter... than trusting the science
DJ_Critterus is offline   Reply With Quote
The Following 3 Users Say Thank You to DJ_Critterus For This Useful Post:
Old 05-25-2023, 1:08pm   #9
Taurus
A Real Barner
Points: 35,708, Level: 100
Activity: 46.1%
 
Taurus's Avatar
 
Join Date: Jan 2011
Posts: 10,766
Thanks: 3,015
Thanked 6,119 Times in 2,930 Posts
Gameroom Barn Bucks: $3895593
Default

Congrats and enjoy the new home.
Taurus is offline   Reply With Quote
The Following User Says Thank You to Taurus For This Useful Post:
Old 05-25-2023, 1:10pm   #10
mrvette
Latin American Goat Roper
Barn Stall Owner #101
Bantayan Kids '13
Points: 136,858, Level: 100
Activity: 10.0%
 
mrvette's Avatar
 
Join Date: Nov 2009
Location: Orange Park Florida
Posts: 61,122
Thanks: 33,201
Thanked 11,659 Times in 5,750 Posts
Gameroom Barn Bucks: $1138393
Default

Hope it goes well 4 U......

mrvette is offline   Reply With Quote
The Following User Says Thank You to mrvette For This Useful Post:
Old 05-25-2023, 1:10pm   #11
LisaJohn
Barn Stall Owner #1000
1000th member
NCM Supporter '13
Bantayan Kids '13
Points: 33,379, Level: 100
Activity: 16.5%
 
LisaJohn's Avatar
 
Join Date: Feb 2011
Location: Bama
Posts: 13,288
Thanks: 6,386
Thanked 4,984 Times in 2,755 Posts
Gameroom Barn Bucks: $2425793
Default

So are you out $385? Can it go in your escrow account?
LisaJohn is offline   Reply With Quote
Old 05-25-2023, 1:16pm   #12
DJ_Critterus
Explosive Salami
Stall Owner #1120.2520
 
DJ_Critterus's Avatar
 
Join Date: Feb 2010
Location: Not Ceasing & Desisting on the leeward side of Anger Island
Posts: 54,048
Thanks: 22,627
Thanked 28,937 Times in 12,251 Posts
Gameroom Barn Bucks: $9018209
Default

Quote:
Originally Posted by LisaJohn View Post
So are you out $385? Can it go in your escrow account?
I'm not sure why it couldn't but I need to ask that question. IT might be due to the fact that most escrow accounts are over estimated and this could end up coming back to me in cash at the end of the year. Not sure, though.

@LATB might have a better answer.
DJ_Critterus is offline   Reply With Quote
Old 05-25-2023, 1:46pm   #13
Hardluck
A Real Barner
Points: 45,613, Level: 100
Activity: 5.8%
 
Hardluck's Avatar
 
Join Date: Feb 2017
Location: Al
Posts: 12,392
Thanks: 4,008
Thanked 15,710 Times in 6,198 Posts
Gameroom Barn Bucks: $22573
Default

Quote:
Originally Posted by DJ_Critterus View Post
I'm not sure why it couldn't but I need to ask that question. IT might be due to the fact that most escrow accounts are over estimated and this could end up coming back to me in cash at the end of the year. Not sure, though.

@LATB might have a better answer.
You could always apply it to your trailer payments!
Hardluck is offline   Reply With Quote
Old 05-25-2023, 1:57pm   #14
DJ_Critterus
Explosive Salami
Stall Owner #1120.2520
 
DJ_Critterus's Avatar
 
Join Date: Feb 2010
Location: Not Ceasing & Desisting on the leeward side of Anger Island
Posts: 54,048
Thanks: 22,627
Thanked 28,937 Times in 12,251 Posts
Gameroom Barn Bucks: $9018209
Default

Quote:
Originally Posted by Hardluck View Post
You could always apply it to your trailer payments!
I do need new tires on the Das Boat's trailer
DJ_Critterus is offline   Reply With Quote
Old 05-25-2023, 2:07pm   #15
gs568
A Real Barner
Points: 15,154, Level: 84
Activity: 11.0%
 
gs568's Avatar
 
Join Date: Oct 2015
Location: America
Posts: 14,045
Thanks: 10,724
Thanked 6,455 Times in 2,221 Posts
Gameroom Barn Bucks: $1002182
Default

Did you post pics of the house?
gs568 is offline   Reply With Quote
Old 05-25-2023, 2:11pm   #16
Yadkin
Barn Stall Owner #112
Points: 56,586, Level: 100
Activity: 99.7%
 
Yadkin's Avatar
 
Join Date: Apr 2022
Location: The Blue Ridge Mountains
Posts: 19,185
Thanks: 7,738
Thanked 5,164 Times in 3,066 Posts
Gameroom Barn Bucks: $500
Default

Quote:
Originally Posted by DJ_Critterus View Post
Gotta love it when the bank's loan processor calls, say's something odd is happening with the loan for final approval, and has her supervisor online to explain it to me.

Oh shit.... here we go. Something got portered and I'm getting screwed like STS in a truck stop restroom.

Nope..... they over estimated my closing costs and seller gave too many credits. About $6K worth of credits. So, I am getting back about $2K cash for my earnest money and inspection fees. Most of the rest is going to pay down the point, so I went from 5.502% to 5.125%. About $385 has to be left on the table because legally it can only be applied to the point, closing costs, or any out of pocket expenses I had and there is no place to apply it.

Woo Hoo.... stuff is going DJ's way (in a good way) for once
Not a bad rate, but over twice what I got just three years ago. Let's Go Brandon!
Yadkin is offline   Reply With Quote
Old 05-25-2023, 2:20pm   #17
DJ_Critterus
Explosive Salami
Stall Owner #1120.2520
 
DJ_Critterus's Avatar
 
Join Date: Feb 2010
Location: Not Ceasing & Desisting on the leeward side of Anger Island
Posts: 54,048
Thanks: 22,627
Thanked 28,937 Times in 12,251 Posts
Gameroom Barn Bucks: $9018209
Default

Quote:
Originally Posted by gs568 View Post
Did you post pics of the house?
It was in a different thread that I'll have to dig up.

Quote:
Originally Posted by Yadkin View Post
Not a bad rate, but over twice what I got just three years ago. Let's Go Brandon!
No shit. My house I bought in TX in 2008 was at 2.25%
DJ_Critterus is offline   Reply With Quote
The Following User Says Thank You to DJ_Critterus For This Useful Post:
Old 05-25-2023, 3:03pm   #18
LATB
A Real Barner
Points: 129,537, Level: 100
Activity: 99.1%
 
LATB's Avatar
 
Join Date: Jan 2011
Location: Green Acres is the place to be...
Posts: 40,149
Thanks: 6,913
Thanked 25,686 Times in 11,680 Posts
Gameroom Barn Bucks: $8122190
Default

Quote:
Originally Posted by DJ_Critterus View Post
I'm not sure why it couldn't but I need to ask that question. IT might be due to the fact that most escrow accounts are over estimated and this could end up coming back to me in cash at the end of the year. Not sure, though.

@LATB might have a better answer.
Looks like you have no closing costs or out of pocket expenses. I'd forget the 385.
LATB is offline   Reply With Quote
The Following 3 Users Say Thank You to LATB For This Useful Post:
Old 05-25-2023, 4:05pm   #19
UniqueDoug
A Real Barner
Points: 26,487, Level: 100
Activity: 76.1%
 
UniqueDoug's Avatar
 
Join Date: Jan 2011
Location: Orlando Floriduh
Posts: 5,767
Thanks: 1,589
Thanked 1,842 Times in 927 Posts
Gameroom Barn Bucks: $5427
Default

UniqueDoug is offline   Reply With Quote
Old 05-25-2023, 4:10pm   #20
Vandelay Industries
Barn Stall Owner #14/32
Points: 42,732, Level: 100
Activity: 58.1%
 
Vandelay Industries's Avatar
 
Join Date: Jan 2020
Location: IDK, IDC, IDGAF
Posts: 23,471
Thanks: 15,734
Thanked 13,992 Times in 5,389 Posts
Gameroom Barn Bucks: $4810
Default

The $385 will need to be accounted for on the HUD-1
Vandelay Industries is online now   Reply With Quote
The Following User Says Thank You to Vandelay Industries For This Useful Post:
Reply

The Vette Barn > Off Topic/Babes/Other > Off Topic


Thread Tools Search this Thread
Search this Thread:

Advanced Search

Posting Rules
You may not post new threads
You may not post replies
You may not post attachments
You may not edit your posts

BB code is On
Smilies are On
[IMG] code is On
HTML code is Off

Forum Jump


All times are GMT -5. The time now is 8:20pm.


Powered by vBulletin® Version 3.8.4
Copyright ©2000 - 2024, Jelsoft Enterprises Ltd.
User Alert System provided by Advanced User Tagging (Pro) - vBulletin Mods & Addons Copyright © 2024 DragonByte Technologies Ltd.
Copyright © 2009 - 2024 The Vette Barn


Support the Barn:
 
Download the Mobile App;
 
Follow us on Facebook:

Become a Stall Owner

 

Apple iOS App        Google Android App

 

Visit our Facebook page