Holy cow! Our refi added PMI, it's like $35/mo... Curt Sent from Yahoo Mail on Android On Wed, Apr 29, 2020 at 6:25 PM, Kaleb Striplin via Mercedes<mercedes@okiebenz.com> wrote: If at some point I sell the old house I would imagine I probably will take the cash from that and plow it into this house then refi it at a much lower rate and term and without PMI. The loan in the new house is FHA and the PMI is close to $300 a month of the payment.
Sent from my iPhone > On Apr 29, 2020, at 5:03 PM, Dan Penoff via Mercedes <mercedes@okiebenz.com> > wrote: > > That sucks. Sorry to hear that. > > We just did a refinance on our new house because we went into with the bare > minimum (5%) to avoid tying up cash. Now that our former house has sold, > we’re rolling a good part of the proceeds into the new house’s mortgage and > knocking the rate down over a full point to 2.5% for 15 years. We applied and > got approved in record time, like three days. Mortgage guy said we would > probably not be able to close until mid May, as new home buyers get priority > in the closing queue. > > New home mortgages must have tanked significantly, as our late May closing is > now next week. > > Another interesting thing: Our mortgage company is requiring employment > verification within 24 hours of our closing and a questionnaire about > COVID-19 issues that have Federal penalties if you misrepresent the answers. > Wow. > > -D > >> On Apr 29, 2020, at 5:53 PM, Kevin Kraly via Mercedes >> <mercedes@okiebenz.com> wrote: >> >> The deal for the other house didn’t work out, so we’re staying put at least >> for now. Since we don’t have enough income for another loan for the new >> property, we either have to be able to do a rent/pre-occupancy deal while >> our house sells or a contingent, bumpable buyer. With four dogs, and being >> both visually impaired, we can’t be in limbo without a place to live. The >> seller’s lender was going to allow pre-occupancy, but her lender wouldn’t >> approve our rent as income so she couldn’t more forward with the loan on her >> new property. >> Kevin in Hillsboro, OR >> 2019 Sprinter 750 miles, Low Mileage Lutgard >> 1982 240D, High Mileage Hildegard with the low mileage engine, soon to be >> back on the road!!! >> >> Sent from my iPhone >> >>>> On Apr 29, 2020, at 2:44 PM, Dan Penoff via Mercedes >>>> <mercedes@okiebenz.com> wrote: >>> >>> Yeah, I was really lucky to score this one. I’m surprised someone didn’t >>> beat me to it. >>> >>> Sounds like the 240D is just about ready to go. How much longer before you >>> move out to the new digs? >>> >>> -D >>> >>>> On Apr 29, 2020, at 5:11 PM, Kevin Kraly via Mercedes >>>> <mercedes@okiebenz.com> wrote: >>>> >>>> Sounds like you got an awesome deal on that E420! A used car of any era >>>> with EVERYTHING working is a rarity, let alone one that is 25 years old! I >>>> finally got some news on my 1982 240D that’s been in the shop since >>>> February. They are wrapping things up, and it COULD be ready by the end of >>>> the week! It will be nice to have Hilde back! My niece moved up here from >>>> California, and she’s excited to drive it! >>>> Kevin in Hillsboro, OR >>>> 2019 Sprinter 750 miles, Low Mileage Lutgard >>>> 1982 240D, High Mileage Hildegard with the low mileage engine soon to be >>>> back on the road!!! >>>> >>>> Sent from my iPhone >>>> >>>>>> On Apr 28, 2020, at 8:18 AM, Dan Penoff via Mercedes >>>>>> <mercedes@okiebenz.com> wrote: >>>>> >>>>> The $1500 1995 E420 arrived yesterday morning from Columbus OH about >>>>> 9:30. No surprises for the most part. >>>>> >>>>> I forgot how much fun these cars are. Really. The W124 has that “bank >>>>> vault” feeling when you close the door, and the interior, while spartan, >>>>> is comfortable yet “tight”. Engine idles smoothly, could easily pass the >>>>> champagne glass test. Everything, I mean EVERYTHING, works on this car. >>>>> If there was a complaint I would say that the sunroof doesn’t open all >>>>> the way, but that’s clearly due to a need for a good greasing. Suspension >>>>> is tight, there’s no wandering, swaying and the steering tracks straight >>>>> and true. >>>>> >>>>> The good: >>>>> >>>>> Everything works >>>>> 113,000 miles on the clock >>>>> All maintenance up to date >>>>> Nearly new (snow) tires on the car, spare set of wheels with old Michelins >>>>> Suspension rubber appears to be tight >>>>> No road or drivetrain noises >>>>> Inside of valve covers are CLEAN >>>>> >>>>> The bad, or not so bad: >>>>> >>>>> Paint on roof is toast. Clear coat is a crackle finish. Good part is that >>>>> this is limited to the roof, so it would be easy to fix. Rest of the >>>>> paint is good. >>>>> Driver’s seat bottom is torn >>>>> One rear headrest is split >>>>> Front bumper cover is missing under right corner. Gone. >>>>> ASR and ABS lights are on. SDS revealed a bad idle position switch, which >>>>> is on order >>>>> Brake booster leaks internally >>>>> Both air intake hoses are toast >>>>> Broken right front sway bar bracket >>>>> Coolant reservoir level switch is bad >>>>> Trunk lid stops are gone >>>>> Fuse box lid has one hook broken off >>>>> Retainer mounts on the tops of the headlights are broken or missing >>>>> Blower motor regulator needs to be replaced, only runs on low speed >>>>> Cover for seat heater fuses is missing >>>>> >>>>> So yes, it’s not perfect and there are some minor repairs needed, but the >>>>> seller made these all known so they’re not a surprise. I’ve ordered all >>>>> of the parts necessary for the repairs so as those trickle in I’ll be >>>>> covering the jobs as I do them. Big ones will be the brake booster and >>>>> the blower motor regulator. All the rest are little rinky-dink ones I can >>>>> do as the parts show up. I ordered a new lock cylinder, too, as the keys >>>>> I have are both pretty worn. Might as well replace the lock cylinder and >>>>> get a new key out of the deal since I would order a new key anyway. >>>>> >>>>> I’ll drive it with the snow tires as they’re literally new. No need to >>>>> drop serious coin for new skins when these will do the job, they’ll just >>>>> wear out quicker. I got a new front bumper cover for under $150 shipped, >>>>> so I’ll need to rattle can that along with the bumper strip, since it’s >>>>> still black (should be bumper color on this model year). >>>>> >>>>> It may take some time to get the paperwork sorted since I’ve got to do >>>>> everything with the tax collector (they do all the DMV stuff in FL) >>>>> through the mail. I could swap a valid plate from one of my other cars >>>>> and drive it without an issue, I’m sure, but it would be nice to be legal. >>>>> >>>>> More fun as it takes place! First parts order is probably due on >>>>> Thursday, so that’s when the fun really starts! >>>>> >>>>> -D >>>>> _______________________________________ >>>>> http://www.okiebenz.com >>>>> >>>>> To search list archives http://www.okiebenz.com/archive/ >>>>> >>>>> To Unsubscribe or change delivery options go to: >>>>> http://mail.okiebenz.com/mailman/listinfo/mercedes_okiebenz.com >>>>> >>>> >>>> _______________________________________ >>>> http://www.okiebenz.com >>>> >>>> To search list archives http://www.okiebenz.com/archive/ >>>> >>>> To Unsubscribe or change delivery options go to: >>>> http://mail.okiebenz.com/mailman/listinfo/mercedes_okiebenz.com >>>> >>> >>> >>> _______________________________________ >>> http://www.okiebenz.com >>> >>> To search list archives http://www.okiebenz.com/archive/ >>> >>> To Unsubscribe or change delivery options go to: >>> http://mail.okiebenz.com/mailman/listinfo/mercedes_okiebenz.com >>> >> >> _______________________________________ >> http://www.okiebenz.com >> >> To search list archives http://www.okiebenz.com/archive/ >> >> To Unsubscribe or change delivery options go to: >> http://mail.okiebenz.com/mailman/listinfo/mercedes_okiebenz.com >> > > > _______________________________________ > http://www.okiebenz.com > > To search list archives http://www.okiebenz.com/archive/ > > To Unsubscribe or change delivery options go to: > http://mail.okiebenz.com/mailman/listinfo/mercedes_okiebenz.com > _______________________________________ http://www.okiebenz.com To search list archives http://www.okiebenz.com/archive/ To Unsubscribe or change delivery options go to: http://mail.okiebenz.com/mailman/listinfo/mercedes_okiebenz.com _______________________________________ http://www.okiebenz.com To search list archives http://www.okiebenz.com/archive/ To Unsubscribe or change delivery options go to: http://mail.okiebenz.com/mailman/listinfo/mercedes_okiebenz.com
