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svelteParticipant[quote=jeff303]That’s interesting. My question to HLS was admittedly a naive one, but it seemed to touch a nerve. Anyway, what I’m really trying to figure out is, how can a borrower determine which scenario is better for them? Is it possible to work with someone (buyers agent, bank, other lender, whoever) who can “run the numbers” on both scenarios relatively easily? Or does one have to apply for two different loans in order to see the difference?[/quote]
Talk to a loan officer. They’ve dealt with underwriters enough that they’ll be able to tell you which scenario is most likely to result in approval. They’ll also be able to tell you what parts of your documentation are solid and what could potentially cause problems.
Of course, nothing is guaranteed as the loan officer and the underwriter are intentionally partitioned off from each other – for good reason.
The only way to know for sure is to submit something and see what comes back.svelteParticipant[quote=jeff303][quote=HLS]
In many cases this presents a problem, but if a borrower’s income is not needed to qualify I suggest considering only 1 person on the loan, spouse can still be on title which is the ownership part.
[/quote]Are banks willing to run both scenarios for comparison? I.e. add spouse onto loan (higher income, lower credit score) versus not?[/quote]
In assisting another family recently, I can tell you for sure that a major bank recommended just using one spouse on the loan app, but the couple used both anyway. They were rejected.
They then resubmitted to the same major bank with just one spouse (both still on title) and were approved.
svelteParticipant[quote=scaredyclassic]”They both also spend two nights of the week practicing self-defense martial arts after the harassment destroyed their sense of safety in their own home. ”
well, that’s probably a positive development. i just bought this book to read ona trip today, FACING VIOLENCE…basically about mental preparedness to deal with bad situations.
not saying these people didn’t suffer or making light of their injury. i’m sure it sucked. just that the selfdefense classes are a positive step.[/quote]
Agree…also wondering if they are getting paid for the 20/20 and People stuff…they just might be getting compensated in unusual ways for what they went through.
Karma I guess.
svelteParticipant[quote=Deserted]
Originally I thought I would blast jiggy for voicing the typical non-pilot irrational fear of aircraft and airports. However, when I began a little internet research to back up my views, I was surprised by what I found: there’s something not quite right about Palomar Airport.
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What surprised me was the number of accidents at Palomar. I checked the NTSB database for the past 10 years. There were 6 accidents with 16 fatalities. Contrast that with a Montgomery field, which is a busier airport (671 operations ber day versus 591 at Palomar) with a bit more complex surrounding airspace. Montgomery had 1 accident with 2 fatalities — and that one occurred in 1999.
Montgomery accident:
http://www.ntsb.gov/ntsb/brief2.asp?ev_id=20001205X00487&ntsbno=LAX99FA150&akey=1Statistically, this shows an astounding concentration of accidents at Palomar. It has the same precision approach (ILS) as Montgomery, roughly the same control tower hours, the same approach control, and yet nearly an order of magnitude more accidents and fatalities.
I think jiggy’s right — there’s something wrong with Palomar. Unless there’s some form of mass stupidity affecting only the pilots flying into Palomar, the FAA needs to study Palomar procedures and change things.[/quote]
Wow, I started poking around and found all the fatalities….funny thing is I was living just up the road a few miles during all of those listed below and don’t remember a thing about them!! The mind is an odd contraption.
– On January 24, 2006 a Cessna Citation V landing runway 24 on a flight from Friedman Memorial Airport in Hailey, Idaho burst into flames after crashing into a self-storage facility adjacent to the airport. All four aboard (two passengers and two crew) were killed;
– On April 29, 2007 a Cessna 182 Skylane carrying three people crashed about 1-mile (1.6 km) off the shore shortly after takeoff at 9:30 am.
– On July 3, 2007 a Beechcraft 90 King Air carrying two people crashed after taking off shortly after 6 am in dense fog. The aircraft hit power lines, which caused power outages for local residents and businesses. The two on board died
– On April 19, 2008 a Cessna Citation Mustang skidded off the end of runway 24 and collapsed the main landing gear. The aircraft had four on board, who were uninjured. The Mustang had flown from Lincoln Regional Airport, northeast of Sacramento, California.
– On September 22, 2008 a Cessna 152 crashed just west of College Boulevard on the extended centerline after departing runway 24. The aircraft had two on board, who were both injured and evacuated by air.
– On September 28, 2008 a Beechcraft Bonanza crashed southeast of the airport after the pilot aborted a landing attempt in fog. The pilot was alone and was killed.
This seems like quite a cluster in 2 and a half years, so I poked around more and found this:
Dwight Webster … noted that there have been five fatal accidents, accounting for 13 deaths, at or near the airport since 2002.
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The FAA is concerned about a recent cluster of three accidents in 19 months. He said the fatalities involve pilots and passengers, and that no one on the ground has been killed.
“The fact is, Palomar is a challenging airport,” Gregor said, noting that early-morning fog and winds can play tricks on pilots.
“We’ve taken steps to address the issue, gone out to flight schools and briefings out there” to be more safety-conscious, Gregor said.
All the accidents since 2002 were attributable to pilot error, according to a National Transportation Safety Board database. In one instance, a tower operator contributed by failing to alert pilots that they were on a collision course.
svelteParticipant[quote=Leorocky]FYI – this story will be on 20/20 this week as well as in the next issue of People.
A more detailed article with more photos:
I found the house on Google Maps – it was a very nice location. I can see why she became enamored with that particular home.
It also dawned on me today what she was probably trying to do…she wasn’t just getting revenge, she was trying to drive them out of the house so she could get a second chance to buy it. That was probably the real intent.
svelteParticipant[quote=CDMA ENG][quote=flu][quote=moneymaker]Last time I was in Fry’s it was like a cemetery. Where will we geeks go if they are gone?[/quote]
Amazon[/quote]
Nothing like walking through a Frys and playing with the O Scope… Just cant do that on Amazon… That being said they need to be out of the appliance and TV areas… They do brisk business in the computer, computer parts, and accessories area.
Also I love the fish tanks in the San Marco store… Awesome.
CE[/quote]
I’m worried about Frys. It is awfully quiet at the San Marcos store now.
And the right side of the store seems to be losing the computer parts and supplies focus.
I think Amazon et al may be taking a huge bite out of their customer base…not a good thing in the long run.
svelteParticipant[quote=utcsox][quote=svelte][quote=utcsox]
Relax. This was supposed to be funny. LOL.[/quote]Give me a break! I may have been born at night, but not last night![/quote]
I don’t think anyone will seriously argue that one president record is superior because it created more government sector jobs especially one that is known to shrink the size of the government. I thought that was obvious.[/quote]
Let’s use some logic here: if you really did it for comedic effect, wouldn’t you have included the chart that showed Obama and Reagan added private sector jobs at about the same rate?
That would have really made it obvious you were using sarcasm.
As it stands, you were trying to pull a fast one and had your hand slapped.
svelteParticipant[quote=utcsox]
Relax. This was supposed to be funny. LOL.[/quote]Give me a break! I may have been born at night, but not last night!
svelteParticipant[quote=utcsox]
[img_assist|nid=20558|title=Public Sector Payroll Jobs: Carter, Reagan, Bush, Clinton, Bush, Obama|desc=|link=node|align=left|width=700|height=330]
Reagan actually created a lot of public sector jobs for the first 72 months in the office. Obama, the job destroyer, lost tons of public jobs for the same 72-months window.[/quote]
Caught you red-handed spinning the data, mofo!
I notice that you didn’t show the graph right above the one you posted:
[img_assist|nid=20560|title=Private Sector Job Creation By President – Feb 2015|desc=|link=node|align=left|width=972|height=634]
Your eyes had to glance at it before they saw the graph YOU inserted…you PURPOSELY slanted the data!!!
http://www.calculatedriskblog.com/2015/02/public-and-private-sector-payroll-jobs.html
So…the full story is that while Obama and Reagan had BOTH created private (not Government!) jobs at roughly the same rate, only *Reagan* added GOVERNMENT jobs!
And you spin that to insinuate Reagan’s record is better by omitting data!
Either you believe Big Government is a great thing, or you are so full of BS you stink.
Go back to your corner and think about what you’ve done, young man. I wouldn’t trust anything I hear from you.
svelteParticipantAnd for added enjoyment of those Republican mouthpieces out there…
[img_assist|nid=20557|title=Reagan vs Obama SP500 growth|desc=|link=node|align=left|width=639|height=330][img_assist|nid=20556|title=Reagan vs Obama Unemployment Rates|desc=|link=node|align=left|width=631|height=341]
svelteParticipant[quote=paramount]Labor Secretary Hilda Solis is under increasing fire today concerning the suspicious September jobs report showing that unemployment fell from 8.1 percent to 7.8 percent — the largest drop in 30 years.
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Market analyst Karl Denninger provides the statistics that make the government’s claims today not only suspicious but ludicrous.
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In short, the figures do not add up.
[/quote]I’m glad someone brought this thread up again.
Time to revisit.
What do you think now, Mr. Paramount???
[img_assist|nid=20555|title=Unemployment 1994-2014|desc=|link=node|align=left|width=637|height=414]
svelteParticipant[quote=TexasLine][quote=svelte][quote=TexasLine]
You stated ” lots of info missing”. But honestly the true question is whether or not its best to pull out equity from my mothers Living Trust properties or simply sell them for profit and use these fund for the down payment.[/quote]Hmmm…
[quote=HLS]
However,you have NO CLUE what suggestions I have for the OP, or the type of advice that I offer and I actually don’t have any until I know a lot more details.
[/quote]…straight from a mortgage broker.[/quote]
Well than,…who should I talk to? What do you think?[/quote]
Didn’t HLS invite you to call him?
svelteParticipant[quote=TexasLine]
You stated ” lots of info missing”. But honestly the true question is whether or not its best to pull out equity from my mothers Living Trust properties or simply sell them for profit and use these fund for the down payment.[/quote]Hmmm…
[quote=HLS]
However,you have NO CLUE what suggestions I have for the OP, or the type of advice that I offer and I actually don’t have any until I know a lot more details.
[/quote]…straight from a mortgage broker.
svelteParticipantLots of info missing.
Where would you be buying?
How long would you plan on staying in the house you would purchase?
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