- This topic has 615 replies, 27 voices, and was last updated 13 years, 8 months ago by
saiine.
-
AuthorPosts
-
March 7, 2011 at 1:45 PM #675667March 7, 2011 at 2:09 PM #674523
bearishgurl
Participant[quote=sdrealtor]Had he paid for his own schooling his income would be a couple hundred K higher than it is, he could have stayed in a house he loved, his kids would be growing up around family instead of strangers in a foreign country and his wife cant work there either (she is a highly skilled medical progfessional but not in the military) so they will struggle to pay her school debt also…[/quote]
[quote=sdrealtor]I didnt sell them the house I just fixed their problem. The house was a couple hundred K upside down…
Had he taken on a mountain of student loans he would have been able to deal with those bad decisions.[/quote]
Don’t you think it’s quite likely that with both of them having massive student debt still on their books, they may not have been able to qualify to buy the South Park house (or any other property) in the first place and thus wouldn’t have had the “$200K underwater” problem?
Not trying to harass, but again, just offering “food for thought,” here ;=]
March 7, 2011 at 2:09 PM #674580Participant[quote=sdrealtor]Had he paid for his own schooling his income would be a couple hundred K higher than it is, he could have stayed in a house he loved, his kids would be growing up around family instead of strangers in a foreign country and his wife cant work there either (she is a highly skilled medical progfessional but not in the military) so they will struggle to pay her school debt also…[/quote]
[quote=sdrealtor]I didnt sell them the house I just fixed their problem. The house was a couple hundred K upside down…
Had he taken on a mountain of student loans he would have been able to deal with those bad decisions.[/quote]
Don’t you think it’s quite likely that with both of them having massive student debt still on their books, they may not have been able to qualify to buy the South Park house (or any other property) in the first place and thus wouldn’t have had the “$200K underwater” problem?
Not trying to harass, but again, just offering “food for thought,” here ;=]
March 7, 2011 at 2:09 PM #675194Participant[quote=sdrealtor]Had he paid for his own schooling his income would be a couple hundred K higher than it is, he could have stayed in a house he loved, his kids would be growing up around family instead of strangers in a foreign country and his wife cant work there either (she is a highly skilled medical progfessional but not in the military) so they will struggle to pay her school debt also…[/quote]
[quote=sdrealtor]I didnt sell them the house I just fixed their problem. The house was a couple hundred K upside down…
Had he taken on a mountain of student loans he would have been able to deal with those bad decisions.[/quote]
Don’t you think it’s quite likely that with both of them having massive student debt still on their books, they may not have been able to qualify to buy the South Park house (or any other property) in the first place and thus wouldn’t have had the “$200K underwater” problem?
Not trying to harass, but again, just offering “food for thought,” here ;=]
March 7, 2011 at 2:09 PM #675330Participant[quote=sdrealtor]Had he paid for his own schooling his income would be a couple hundred K higher than it is, he could have stayed in a house he loved, his kids would be growing up around family instead of strangers in a foreign country and his wife cant work there either (she is a highly skilled medical progfessional but not in the military) so they will struggle to pay her school debt also…[/quote]
[quote=sdrealtor]I didnt sell them the house I just fixed their problem. The house was a couple hundred K upside down…
Had he taken on a mountain of student loans he would have been able to deal with those bad decisions.[/quote]
Don’t you think it’s quite likely that with both of them having massive student debt still on their books, they may not have been able to qualify to buy the South Park house (or any other property) in the first place and thus wouldn’t have had the “$200K underwater” problem?
Not trying to harass, but again, just offering “food for thought,” here ;=]
March 7, 2011 at 2:09 PM #675677Participant[quote=sdrealtor]Had he paid for his own schooling his income would be a couple hundred K higher than it is, he could have stayed in a house he loved, his kids would be growing up around family instead of strangers in a foreign country and his wife cant work there either (she is a highly skilled medical progfessional but not in the military) so they will struggle to pay her school debt also…[/quote]
[quote=sdrealtor]I didnt sell them the house I just fixed their problem. The house was a couple hundred K upside down…
Had he taken on a mountain of student loans he would have been able to deal with those bad decisions.[/quote]
Don’t you think it’s quite likely that with both of them having massive student debt still on their books, they may not have been able to qualify to buy the South Park house (or any other property) in the first place and thus wouldn’t have had the “$200K underwater” problem?
Not trying to harass, but again, just offering “food for thought,” here ;=]
March 7, 2011 at 3:03 PM #674528sdrealtor
ParticipantThere you go again making things up. She doesnt have massive student loans (about $40K) and could make $60 to 70K working which we she cant any more as a foreigner not licensed in that European country. He would have been making about $300K or more in the US by now. Not hard to qualify when you have an annual income like that.
It must be hard getting through life with such negativity about everything.
March 7, 2011 at 3:03 PM #674585ParticipantThere you go again making things up. She doesnt have massive student loans (about $40K) and could make $60 to 70K working which we she cant any more as a foreigner not licensed in that European country. He would have been making about $300K or more in the US by now. Not hard to qualify when you have an annual income like that.
It must be hard getting through life with such negativity about everything.
March 7, 2011 at 3:03 PM #675199ParticipantThere you go again making things up. She doesnt have massive student loans (about $40K) and could make $60 to 70K working which we she cant any more as a foreigner not licensed in that European country. He would have been making about $300K or more in the US by now. Not hard to qualify when you have an annual income like that.
It must be hard getting through life with such negativity about everything.
March 7, 2011 at 3:03 PM #675335ParticipantThere you go again making things up. She doesnt have massive student loans (about $40K) and could make $60 to 70K working which we she cant any more as a foreigner not licensed in that European country. He would have been making about $300K or more in the US by now. Not hard to qualify when you have an annual income like that.
It must be hard getting through life with such negativity about everything.
March 7, 2011 at 3:03 PM #675682ParticipantThere you go again making things up. She doesnt have massive student loans (about $40K) and could make $60 to 70K working which we she cant any more as a foreigner not licensed in that European country. He would have been making about $300K or more in the US by now. Not hard to qualify when you have an annual income like that.
It must be hard getting through life with such negativity about everything.
March 11, 2011 at 9:16 AM #675952jimmyle
ParticipantAn update–
They approved the loan. We signed the docs on Tuesday thinking everything is done. Suddenly this morning I got a call from the Broker.
She said before funding, the lender wants to know why my wife’s income dropped from 2008 to 2009. I explained that my wife had less overtime hours in 2009. And then the lender also wants to know what is my 2008 schedule C income of my 2008 tax form? I explained that it was a loss in mutual fund investment.
Don’t they do this before approving the loan and doc signing?
March 11, 2011 at 9:16 AM #676009ParticipantAn update–
They approved the loan. We signed the docs on Tuesday thinking everything is done. Suddenly this morning I got a call from the Broker.
She said before funding, the lender wants to know why my wife’s income dropped from 2008 to 2009. I explained that my wife had less overtime hours in 2009. And then the lender also wants to know what is my 2008 schedule C income of my 2008 tax form? I explained that it was a loss in mutual fund investment.
Don’t they do this before approving the loan and doc signing?
March 11, 2011 at 9:16 AM #676621ParticipantAn update–
They approved the loan. We signed the docs on Tuesday thinking everything is done. Suddenly this morning I got a call from the Broker.
She said before funding, the lender wants to know why my wife’s income dropped from 2008 to 2009. I explained that my wife had less overtime hours in 2009. And then the lender also wants to know what is my 2008 schedule C income of my 2008 tax form? I explained that it was a loss in mutual fund investment.
Don’t they do this before approving the loan and doc signing?
March 11, 2011 at 9:16 AM #676758ParticipantAn update–
They approved the loan. We signed the docs on Tuesday thinking everything is done. Suddenly this morning I got a call from the Broker.
She said before funding, the lender wants to know why my wife’s income dropped from 2008 to 2009. I explained that my wife had less overtime hours in 2009. And then the lender also wants to know what is my 2008 schedule C income of my 2008 tax form? I explained that it was a loss in mutual fund investment.
Don’t they do this before approving the loan and doc signing?
-
AuthorPosts
- You must be logged in to reply to this topic.