[CAwireman]

Just tell him/her that politicians are hard to pick because most of them lie.

[CAwireman]

[quote=flu]I don’t know, but at my company we have the ability to split our contributions between a traditional 401k and a roth 401k… I kinda do both, although right now, part of my contributions go to repaying a loan.[/quote]

Flu, don’t you earn too much to do Roth IRA’s???

[CAwireman]

Double

[CAwireman]

[quote=bearishgurl]For starters, Johnson, Feinstein, Vargas and Miller (already voted).[/quote]

Wow, I had no idea the Johnson upset vote would be so strong…

Have been hearing about it on NPR today…

[CAwireman]

[quote=Blogstar]Refi- appraisals are frequently low, especially if the LTV is easy to get to. I wouldn’t consider that FMV necessarily..it could be.

Good Job.[/quote]

Thanks, and here’s to the next one.

I went back and got a copy of the orignial appraisal from our purcahse in early 2011. I’ll try to carve out time to compare the two.

[CAwireman]

Yeah MM – no 2nds for us. We aren’t planning to take out any additional loans, property-wise.

Once we pay off our current car payment, then its just the mortgage and monthly untilies/credit card bills.

I take the Dave Ramsey, live like no one else….

PS: yeah, not sure why banks dont’ approach directly for refi. Must be some reason.

[CAwireman]

DM – I thought 3.5% was great too because originally, I thought 3.625 was the lowest zero-point loan I could get. Then, whatever – twist, shout, it dropped. But, I know other people who nabbed 3.25 or 3.1. So, I’m envious…

[CAwireman]

4.25 was weird enough, so 3.5 is now our new, short-term, weird – until 2.75 or whatever arrives. 😀

[CAwireman]

Flu – I think you are in a different financial realm than I perhaps. 15 Yr would be great, but the monthly patyments would be too hight to handle, especially if our income wobbled. Our monthly before impounds it about $1,800. Not too shabby.

[CAwireman]

We’re in the process of completing a Refi to 3.5 %.
We were at 4.25% on the original loan when we bought in 2011.
Will save us about $225 per month give or take.

With the rates Flu found we’re in disbelief.

I guess we’ll probably have at least one more refi to go after this one…

[CAwireman]

Congrats Matt

We too bought, about 1 and a half years ago.

All the best with your new place.

[CAwireman]

Wow, one from the way back machine….

Prices in our area (including what we paid for our house in 2011) are in the 2003 range, +/- $2K to $10K.

If they drop to 2000 levels? Fine with me. Just let me refi to 3.75% 30 year fixed first. Then, I apply for a property tax reduction…..

[CAwireman]

I actually didn’t believe the statistic of ~ 10 year. But, Polk data seems to confirm it.

~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~
“The average age of a light vehicle in 2011 was 10.8 years, according to Polk, a research firm, up from 9.7 years in 2006.”

http://online.wsj.com/article/SB10001424052970204778604577243471504542512.html

~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~

I know people driving their motorcycles to work
when weather permits. They often own large trucks or sports cars and the montly gas costs are killing them.

[CAwireman]

[quote=Rich Toscano]
Guys, this is a fun conversation (and I appreciate everyone except DomoArigato keeping it so civil). But, I am moving today so probably won’t have time to punch into this thread much after this… go on without me. :-)[/quote]

Holy S**t, Rich, did you and the missus buy a place?

[CAwireman]

I’ll have to check into it….

I wonder is no cost means no appraisal?

[Author]

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