Search found 1213 matches

by Goal33
Wed May 27, 2020 12:27 am
Forum: Personal Finance (Not Investing)
Topic: Large Canceled Check - Stop payment + Close Account
Replies: 13
Views: 1391

Re: Large Canceled Check - Stop payment + Close Account

n00b wrote:
Tue May 26, 2020 10:12 pm
Sounds like it was sent to a different arm of the same organization so refuse to send another check and let them find it?
Money was supposed to go to my apartment complex but they directed me to the collection agency by mistake. I am not in collections. Different agency.
by Goal33
Tue May 26, 2020 7:36 pm
Forum: Personal Finance (Not Investing)
Topic: Large Canceled Check - Stop payment + Close Account
Replies: 13
Views: 1391

Re: Large Canceled Check - Stop payment + Close Account

What are the chances that the check comes back to you? No idea. It's been 2 weeks I guess I wanted to know if you have ANY information at all about the address that it was mailed to and whether you could call them up and see if they got the check and what they might have done with it. They gave me ...
by Goal33
Tue May 26, 2020 5:59 pm
Forum: Personal Finance (Not Investing)
Topic: Large Canceled Check - Stop payment + Close Account
Replies: 13
Views: 1391

Re: Large Canceled Check - Stop payment + Close Account

I owed a 5 figure sum but was given the wrong information in terms of where to send the check to. I was instructed to stop payment (they'll cover the cost- $31), and asked reissue a check with the correct mailing info. It does make me nervous to have this check floating out there, because after 6 m...
by Goal33
Tue May 26, 2020 5:07 pm
Forum: Personal Finance (Not Investing)
Topic: Large Canceled Check - Stop payment + Close Account
Replies: 13
Views: 1391

Re: Large Canceled Check - Stop payment + Close Account

livesoft wrote:
Tue May 26, 2020 5:05 pm
What are the chances that the check comes back to you?
No idea. It's been 2 weeks
by Goal33
Tue May 26, 2020 5:00 pm
Forum: Personal Finance (Not Investing)
Topic: Large Canceled Check - Stop payment + Close Account
Replies: 13
Views: 1391

Large Canceled Check - Stop payment + Close Account

I owed a 5 figure sum but was given the wrong information in terms of where to send the check to. I was instructed to stop payment (they'll cover the cost- $31), and asked reissue a check with the correct mailing info. It does make me nervous to have this check floating out there, because after 6 mo...
by Goal33
Sun May 24, 2020 11:57 am
Forum: Personal Finance (Not Investing)
Topic: Interest Rates Falling—refinance or not?
Replies: 3
Views: 308

Re: Interest Rates Falling—refinance or not?

I would say it makes sense only if you are doing it at “no cost” ... meaning don’t pay closing costs or points, have that included for a higher rate (usually .125)
by Goal33
Sat May 23, 2020 11:09 pm
Forum: Personal Finance (Not Investing)
Topic: Refinance appraisal issue
Replies: 14
Views: 893

Re: Refinance appraisal issue

Sometimes you get an appraiser on a bad day. I’ve been fortunate on my appraisals but my mom has had a bad appraisal. 10% lower than relevant comps in same complex for same floor plan, same quality, etc.
by Goal33
Fri May 22, 2020 12:16 am
Forum: Personal Finance (Not Investing)
Topic: Refinance Mega Thread
Replies: 1491
Views: 137796

Re: Refinance Mega Thread

Anybody getting these sub 3 rates on a jumbo? Or even the high value conforming at 765k?
by Goal33
Thu May 21, 2020 1:17 pm
Forum: Personal Investments
Topic: Does Capital one send emails when their interest rate decreases?
Replies: 25
Views: 1084

Re: Does Capital one send emails when their interest rate decreases?

They'll email you twice when they raise the rate to make up for it.
by Goal33
Wed May 20, 2020 7:07 pm
Forum: Personal Finance (Not Investing)
Topic: Refinance Mega Thread
Replies: 1491
Views: 137796

Re: Refinance Mega Thread

I just wanted to share an amazing rate I just locked. Apparently UWM has new insane pricing.. I just locked in a 30 year conventional loan for 2.875% . And its better than no cost - covering all costs plus also $1,000 of my escrow payment . This is in AZ. I would suggest finding a broker that works...
by Goal33
Wed May 20, 2020 4:55 pm
Forum: Personal Investments
Topic: Should I refinance?
Replies: 6
Views: 617

Re: Should I refinance?

I'd go with option 4 which is find a lower rate with not only no points, but no costs. Maybe that'll be 3%.
by Goal33
Tue May 19, 2020 11:52 am
Forum: Personal Finance (Not Investing)
Topic: Auto refinance scenario
Replies: 13
Views: 370

Re: Auto refinance scenario

I'd keep the original loan and pay off in July...

If you're dying for some free money along with a credit hit, do something easier like apply for a new credit card with signup bonus.
by Goal33
Tue May 19, 2020 9:50 am
Forum: Personal Finance (Not Investing)
Topic: Wells Fargo Mortgage - Frustrating / Non-Responsive
Replies: 3
Views: 452

Re: Wells Fargo Mortgage - Frustrating / Non-Responsive

How much time do you have left on the contract?

Do you have conditional approval yet?

Go to another bank if time permits.
by Goal33
Tue May 19, 2020 9:46 am
Forum: Personal Finance (Not Investing)
Topic: Refinance Mega Thread
Replies: 1491
Views: 137796

Re: Refinance Mega Thread

Anyone pay down a jumbo to get a better rate as a confirming loan? We are maybe 50-60k from a confirming loan with a 30 year fixed 3.5% jumbo. I’m considering a pay down to see if I can refi to a 20 year fixed at sub 3%. I am getting confused on this myself. Do you need to pay it below 765 or 510?
by Goal33
Mon May 18, 2020 11:27 am
Forum: Personal Consumer Issues
Topic: Importing an almost new car into CA
Replies: 23
Views: 1428

Re: Importing an almost new car into CA

make your life easy and buy the car in California.

not to mention DMV procedures are annoying in normal times, let alone when there are only a few open in the state due to covid-19
by Goal33
Mon May 18, 2020 11:25 am
Forum: Personal Finance (Not Investing)
Topic: I work remote: Is buying a home away from a major city a major risk?
Replies: 39
Views: 4286

Re: I work remote: Is buying a home away from a major city a major risk?

Seems like you are being compensated for that risk in the low property price sense. Sounds like an ok thing to do and it'll certainly be nice while it lasts, and maybe it'll last forever.
by Goal33
Mon May 18, 2020 12:01 am
Forum: Personal Finance (Not Investing)
Topic: Refinance Mega Thread
Replies: 1491
Views: 137796

Re: Refinance Mega Thread

I just closed at 3.25% jumbo on a new home loan at the end of April. It’s a 85% ltv, and came with serious lender credits (paid all closing costs). Required 200k in asset based relationship money. Should I already be looking to refinance? I could bring loan below the conforming 765k or bring ltv to ...
by Goal33
Sun May 17, 2020 6:19 am
Forum: Personal Investments
Topic: 500K to Invest
Replies: 9
Views: 1287

Re: 500K to Invest

Buy a house :wink:
by Goal33
Sun May 17, 2020 1:14 am
Forum: Personal Finance (Not Investing)
Topic: Pay off Tesla as Planned or Keep Cash for Covid Uncertainty?
Replies: 62
Views: 3726

Re: Pay off Tesla as Planned or Keep Cash for Covid Uncertainty?

Similar situation myself. I am holding onto the cash. In a more normal time I would also have just paid off.
by Goal33
Sun May 17, 2020 1:10 am
Forum: Personal Investments
Topic: Saving for a home with student loans
Replies: 12
Views: 747

Re: Saving for a home with student loans

Where are you located? How much do you need to save to get into a house that meets your requirements? What’s driving the 5 year timeline?
by Goal33
Sat May 16, 2020 11:37 am
Forum: Personal Finance (Not Investing)
Topic: Rent is increased by 6%, negotiation tips?
Replies: 60
Views: 5090

Re: Rent is increased by 6%, negotiation tips?

KlangFool wrote:
Sat May 16, 2020 11:23 am
OP,

The first rule of negotiation is to ask for a better deal. Those that do not ask, get nothing.

KlangFool
Well put
by Goal33
Fri May 15, 2020 4:11 pm
Forum: Personal Finance (Not Investing)
Topic: How to use up $300 Chase Sapphire Reserve Travel Credit
Replies: 23
Views: 1563

Re: How to use up $300 Chase Sapphire Reserve Travel Credit

In the past when I made a refundable hotel cancellation on Hotels.com using the CSR, the travel credit posted within days. When I later needed to cancel that reservation and received a refund from Hotels.com, the travel credit was not reversed. Not telling you what to do, just sharing my experience...
by Goal33
Thu May 14, 2020 4:39 pm
Forum: Personal Finance (Not Investing)
Topic: Mulitple Locks for mortgage refi
Replies: 8
Views: 696

Re: Mulitple Locks for mortgage refi

Lock the 3.125 and ask the original to go to 3.0

edit: don't think this is an ethics question... and ultimately the mortgage broker is not the one paying your mortgage, they'd do the same thing especially since they know all the strategies.
by Goal33
Tue May 12, 2020 2:03 pm
Forum: Personal Finance (Not Investing)
Topic: Asking renter to obtain renter's insurance; what benefits to highlight?
Replies: 18
Views: 942

Re: Asking renter to obtain renter's insurance; what benefits to highlight?

When renting I had a 500k liability policy and 50k in personal property coverage and it was around $10 per month.
by Goal33
Mon May 11, 2020 1:47 pm
Forum: Personal Investments
Topic: Jumbo Refi / No good rates
Replies: 3
Views: 531

Re: Jumbo Refi / No good rates

I think right now the path to doing better will be relationship assets.
by Goal33
Mon May 11, 2020 12:34 pm
Forum: Personal Consumer Issues
Topic: Got divorced how to get most value for exes wedding ring
Replies: 42
Views: 5078

Re: Got divorced how to get most value for exes wedding ring

How did you get it from her? I would donate it to charity. Bad mojo to do anything else. I wonder if you could deduct the assessed value this way (that usually comes with the ring). AFAIK a 10k ring retail is probably worth 1k trying to sell, and might not even be easy to sell at that. 10k deductio...
by Goal33
Mon May 11, 2020 10:33 am
Forum: Personal Consumer Issues
Topic: Should I purchase my end-of-lease Audi A4?
Replies: 58
Views: 3402

Re: Should I purchase my end-of-lease Audi A4?

I'd take advantage of your unique ability to seamlessly transition to a 1 car household along with the associated cost savings. Get a new car in a few months or later.
by Goal33
Mon May 11, 2020 10:31 am
Forum: Personal Consumer Issues
Topic: Got divorced how to get most value for exes wedding ring
Replies: 42
Views: 5078

Re: Got divorced how to get most value for exes wedding ring

How did you get it from her? I would donate it to charity. Bad mojo to do anything else. I wonder if you could deduct the assessed value this way (that usually comes with the ring). AFAIK a 10k ring retail is probably worth 1k trying to sell, and might not even be easy to sell at that. 10k deductio...
by Goal33
Sun May 10, 2020 5:04 pm
Forum: Personal Finance (Not Investing)
Topic: Lender Credits, Principal Reduction at Close of Escrow
Replies: 2
Views: 191

Re: Lender Credits, Principal Reduction at Close of Escrow

Was it considered a cash out ref? If yes, typically the closing agent I L send you a check within a week. Then you can apply that to principal. No this was a purchase. The principal reduction is not supposed to be sent to me, directly to the loan/principal. What I am wondering about is the timing o...
by Goal33
Sun May 10, 2020 4:29 pm
Forum: Personal Finance (Not Investing)
Topic: Lender Credits, Principal Reduction at Close of Escrow
Replies: 2
Views: 191

Lender Credits, Principal Reduction at Close of Escrow

Question: How long for lender to apply principal reduction at closing to loan? Wonder if anybody has ever run into this scenario before. I negotiated my mortgage rate slightly higher to obtain lender credits to cover all of my closing costs. Overall got a ~10k lender credit, and closing costs were a...
by Goal33
Sat May 09, 2020 4:30 pm
Forum: Investing - Theory, News & General
Topic: Will "work from home" destroy the commercial real estate market?
Replies: 169
Views: 13057

Re: Will "work from home" destroy the commercial real estate market?

Another perspective. Demand could increase with the need to distance people from each other.
by Goal33
Fri May 08, 2020 12:53 pm
Forum: Personal Investments
Topic: Rental Property - Exit Plan!
Replies: 30
Views: 3343

Re: Rental Property - Exit Plan!

I think taxes are a real consideration here...
by Goal33
Thu May 07, 2020 10:30 pm
Forum: Personal Investments
Topic: Rental Property - Exit Plan!
Replies: 30
Views: 3343

Re: Rental Property - Exit Plan!

Is it currently vacant?
by Goal33
Thu May 07, 2020 10:52 am
Forum: Personal Finance (Not Investing)
Topic: one more mortgage thread
Replies: 20
Views: 1304

Re: one more mortgage thread

I'd stick to the plan. Invest it until you're back to 3m, then pay off mortgage with new money. If it goes below 3m again, repeat.
by Goal33
Wed May 06, 2020 12:44 am
Forum: Personal Investments
Topic: How not to stretch yourself too thin on home purchase?
Replies: 34
Views: 3313

Re: How not to stretch yourself too thin on home purchase?

I think it depends where you are. I got a very entry level house in the SF Bay Area for a million. We make 240k base and 60k bonus. However 2 months ago when we initiated the purchase we made 220k base and 60k bonus. My wife is expected to take a pay cut and that will bring us to 210k base and 60k ...
by Goal33
Tue May 05, 2020 10:59 pm
Forum: Personal Consumer Issues
Topic: Can I save this tree? (Mulberry Tree SF Bay Area)
Replies: 10
Views: 709

Re: Can I save this tree? (Mulberry Tree SF Bay Area)

Hello, New homeowner here... truly out of my league with the gardening here. I have what I am told is a mulberry tree, and I believe it is unhealthy. Would love if anybody with more knowledge could give me some tips or let me know if they believe this tree is a goner or has a chance with some love ...
by Goal33
Tue May 05, 2020 10:45 pm
Forum: Personal Finance (Not Investing)
Topic: car loan and home buying
Replies: 6
Views: 663

Re: car loan and home buying

depends if you need to improve your debt to income ratio, otherwise it doesn't need to "look better" on your mortgage application.

also, depends if you think the money used to pay it off would be better served getting you towards the 20% or not. If you have 20% + money to pay off, then I'd pay off.
by Goal33
Tue May 05, 2020 10:40 pm
Forum: Personal Investments
Topic: How not to stretch yourself too thin on home purchase?
Replies: 34
Views: 3313

Re: How not to stretch yourself too thin on home purchase?

I think it depends where you are. I got a very entry level house in the SF Bay Area for a million. We make 240k base and 60k bonus. However 2 months ago when we initiated the purchase we made 220k base and 60k bonus. My wife is expected to take a pay cut and that will bring us to 210k base and 60k b...
by Goal33
Tue May 05, 2020 10:25 pm
Forum: Personal Consumer Issues
Topic: Can I save this tree? (Mulberry Tree SF Bay Area)
Replies: 10
Views: 709

Can I save this tree? (Mulberry Tree SF Bay Area)

Hello, New homeowner here... truly out of my league with the gardening here. I have what I am told is a mulberry tree, and I believe it is unhealthy. Would love if anybody with more knowledge could give me some tips or let me know if they believe this tree is a goner or has a chance with some love (...
by Goal33
Sat May 02, 2020 9:15 am
Forum: Personal Finance (Not Investing)
Topic: Relationship mortgage discounts for moving a million assets
Replies: 444
Views: 63603

Re: Relationship mortgage discounts for moving a million assets

Sorry, yes. To be honest I am afraid to jinx it because we haven't closed yet, but it's a phenomenal deal and seems on track so far. DC area. Jumbo loan, new home, 30 year fixed at 2.25%. In exchange for having in $1M post-close assets at Chase Private Client. I think they first quoted 3.25% but im...
by Goal33
Sun Apr 26, 2020 12:19 pm
Forum: Personal Finance (Not Investing)
Topic: Another 15 vs. 30 year mortgage toss up
Replies: 59
Views: 3803

Re: Another 15 vs. 30 year mortgage toss up

I’d go with the 30, revisit in 6 months when rates are lower... or if rates are higher you’ll be happy you locked in for 30 years.
by Goal33
Sat Apr 25, 2020 9:52 pm
Forum: Personal Finance (Not Investing)
Topic: Where to buy a home in the Bay Area
Replies: 69
Views: 7752

Re: Where to buy a home in the Bay Area

You need to tell us what your budget is and what you’re looking for.
by Goal33
Fri Apr 24, 2020 1:57 pm
Forum: Investing - Theory, News & General
Topic: Do you expect interest rates to go up during your lifetime?
Replies: 4
Views: 546

Re: Do you expect interest rates to go up during your lifetime?

Are we just making a prediction?

I think yes, but I think rates will go lower than where they are today, first.
by Goal33
Tue Apr 21, 2020 12:21 am
Forum: Personal Finance (Not Investing)
Topic: HOA wants house painted. Renters want to do it. Thoughts?
Replies: 26
Views: 2231

Re: HOA wants house painted. Renters want to do it. Thoughts?

I would do it professionally unless you want to redo it again for the HOA.
by Goal33
Mon Apr 20, 2020 10:55 am
Forum: Personal Finance (Not Investing)
Topic: Decision to refinance my home
Replies: 7
Views: 641

Re: Decision to refinance my home

Well definitely refinance either way since you’re getting a lower rate on both.

Given your taxable investments value is strong compared to the loan, I’d go for another 15 year. Maybe keep the payments the same for a faster payoff, cutback or accelerate as desired later.
by Goal33
Fri Apr 17, 2020 1:01 am
Forum: Personal Finance (Not Investing)
Topic: Approved for mortgage but spouse just got furloughed
Replies: 11
Views: 1748

Re: Approved for mortgage but spouse just got furloughed

Ask the mortgage broker, not the underwriter. They will know what you need to do to get the deal done.
by Goal33
Thu Apr 16, 2020 10:16 am
Forum: Personal Finance (Not Investing)
Topic: Mortgage refinance question
Replies: 14
Views: 1487

Re: Mortgage refinance question

You can also probably get a 30 year at 3.25, maybe less, which is still a savings. You should be comparing that to your 15 year option, not your old 30 year with an outdated interest rate. You shouldn’t stay in the old loan either way.
by Goal33
Thu Apr 16, 2020 10:03 am
Forum: Personal Finance (Not Investing)
Topic: Can I afford a home in this range?
Replies: 31
Views: 2742

Re: Can I afford a home in this range?

Yes totally
by Goal33
Thu Apr 16, 2020 12:25 am
Forum: Personal Finance (Not Investing)
Topic: Refi Appraisal Came Back Low - Options?
Replies: 13
Views: 1105

Re: Refi Appraisal Came Back Low - Options?

Give yourself options

Shop around for a new lender, try to get that rate lock or better. If you get that, then start the process with that lender...