Comments on: Dear House, I Want You. Love, Craig

By: My Current House of Obsession at Puntabulous

My Current House of Obsession at Puntabulous — Wed, 01 Apr 2009 11:43:53 +0000

[...] this house got sold out from under my feet. And by “under my feet” I mean, I still [...]

By: Chris

Chris — Sat, 17 Jan 2009 04:11:11 +0000

Craig: You’re welcome. I suppose that the debt to income ratio may be the big concern for the lenders. You may not have to completely retire your student loan. If you can get your required maximum monthly payments down to bring the debt to income ratio in line with the bank’s expectations you may be fine. However you also need to take the different rates into consideration. They probably covered this in one of your MBA classes that you are still paying for.

I have also found http://www.bankrate.com/ to be one good resource for financial management information. I try to get information from different sources and make sure I understand things before taking action. My next big financial adventure may be considering refinancing for a lower rate.

By: Craig

Craig — Fri, 16 Jan 2009 12:18:15 +0000

Chris: Thanks for the spreadsheet! I’m finding that the hardest thing is trying to balance how much to put towards student loans and how much to put into savings. Since my last try and getting a mortgage, I’ve switched gears and have been concentrating on my student loans.

Jewelz: Thanks for the tip! I’ll look into them.

Milo: You guys just have castles over there right? I would just fear the inevitable Viking invasion!

Heather: I love houses too. That’s what gets me in trouble. I can sit online for hours (never at work of course!) and look at houses even though I can’t afford them and I get sad. I guess it’s just good inspiration to save up though!

TwoPi: One can ALWAYS fit Tanqueray into their budget.

By: TwoPi

TwoPi — Fri, 16 Jan 2009 12:08:30 +0000

When I first saw this post, it was 4am and I was just starting my first cup of coffee. That’s my excuse, anyways. I read the first sentences too quickly and missed the word “house”. So what I read essentially was:

Remember that bottle of Tanqueray? Turns out I couldn’t afford it.

And I thought “Dang! The recession is worse than I thought.”

By: Xi_Heather

Xi_Heather — Fri, 16 Jan 2009 10:49:41 +0000

I love houses! I think it’s good that they made the living room bigger.

We have a porch and some kind soul screened it in, which makes it great to sit out on most of the summer. Our across-the-street neighbor sits on his porch and plays banjo, and occasionally plays with our cat using a laser pointer.

By: Milo

Milo — Fri, 16 Jan 2009 10:49:27 +0000

That house looks really sweet! Your houses are very different to ours but I like’em.

By: jewelz916

jewelz916 — Fri, 16 Jan 2009 00:46:25 +0000

Okay….I know there were all of those subprime home mortgages, and Wall Street Bailouts, and The Big Three Bail Out and whatnot…and I might be well talking straight out of my ass (wouldn’t be the first time). BUT….have you looked into that DiTech Mortgage company? They are owned through GMAC and you do have to pay a higher interest payment at first. We financed our first home that way. However, after 18 mos. we refinanced and totally burst out of the financial bubble we were in because our house had increased in value during that time. I realize that financial times are NOT good in this country (or world, for that matter)…but just look at some different options before ruling out the possibility entirely. That house is just waaaay cool! And I’m sure you’d eventually get used to bending in half in order to enter a room with a slanted ceiling.

By: TamiW

TamiW — Thu, 15 Jan 2009 23:15:17 +0000

You had me at “claw footed bath tub”. Go for it! It won’t hurt anything to try. I’ll send you good vibes from California!

Good luck!

By: Michelle M.

Michelle M. — Thu, 15 Jan 2009 21:28:15 +0000

Do the “Oprah/Secret” thingie and put it out in the universe that the house is yours. Or make one of those vision boards. That might be a fun post. Craig’s vision board : ).

If it’s occupied when you’re ready, I might know some people…

By: Chris

Chris — Thu, 15 Jan 2009 21:26:44 +0000

Craig & jomosexual: Why don’t you two just get a room. Um… In Craig’s new house.