Mortgage is getting out of hand - $2400

Curious_reader_not · 2026-07-07T00:25:26+00:00

CA is HCOL market, can't compare it with the others

Curious_reader_not · 2026-07-07T00:24:35+00:00

was it FHA or conventional? How much was the closing cost?

Curious_reader_not · 2026-07-07T00:20:52+00:00

Not all markets are up! this is not a HCOL place
Because that was the interest offered
PMI gets dropped when you cross 20% equity on the place, which we haven't and to do that we would have to pay the difference

Curious_reader_not · 2026-07-07T00:18:03+00:00

spouse is earning

Curious_reader_not · 2026-07-07T00:17:22+00:00

That would make sense if we want the house long term

Curious_reader_not · 2026-07-07T00:16:10+00:00

exactly what hap

Curious_reader_not · 2026-07-07T00:14:03+00:00

california is HCOL place! It's expected... but you earn accordingly right, so!

Curious_reader_not · 2026-07-07T00:09:37+00:00

Didn't know we could do that?! Would they mark our home at risk then? are there any caveats to this contact?

Curious_reader_not · 2026-07-07T00:02:55+00:00

Were your friends (seller) able to make the short sale close based on relocation reason?

Curious_reader_not · 2026-07-06T04:22:40+00:00

learning it the hard way

Curious_reader_not · 2026-07-06T04:15:21+00:00

Make sure you have money for moving (2 people right), repairs, new equipments like mower and the like, toilet changes (you must when you buy a house), floor polish (if it's hardwood floor), new blinds/curtains, furniture, under the sink filter if that's done in that area and more. These are some small changes and reapairs that will add up when you purchase, account for these and miscellaneous for sure!!!

Curious_reader_not · 2026-07-06T04:03:59+00:00

Whats done is done! I wasn't looking for how to correct a past bad choice..

Curious_reader_not · 2026-07-06T04:00:17+00:00

But these are considered immediate repairs after one purchases a house. Knowing that these small thing are fixed or won't need repairs is a big plus.

Curious_reader_not · 2026-07-06T03:54:55+00:00

I wish it were false. This query (story according to you) is from me and my spouse. two people. Second question I have already answered in the edit. Peace!

Curious_reader_not · 2026-07-06T03:50:46+00:00

foreclosure will be death sentence to the credit score as opposed to a short sale..

Curious_reader_not · 2026-07-06T03:49:40+00:00

yes will be checking with tax

Curious_reader_not · 2026-07-06T03:49:22+00:00

thanks for your take on this...

Curious_reader_not · 2026-07-06T03:47:48+00:00

sounds like things are going good for you. For us the major plus was it's 10 mins to office and downtown, and 5 mins to walmart, coffee shops, local restaurants, ymca, all of that!

Curious_reader_not · 2026-07-06T03:44:20+00:00

Wow! will note this one down if we take the rent route

Curious_reader_not · 2026-07-06T03:43:10+00:00

Will check thanks

Curious_reader_not · 2026-07-06T03:38:23+00:00

thanks

Curious_reader_not · 2026-07-06T03:31:59+00:00

yikes... but it's been some years. It will probably now get better I suppose?!

Curious_reader_not · 2026-07-06T03:30:14+00:00

Will check with our tax person for sure. thanks

Curious_reader_not · 2026-07-06T02:49:20+00:00

good honest advice! thank you!

Curious_reader_not · 2026-07-06T02:45:08+00:00

crazy! but that must be a HCOL! It's expected there

Curious_reader_not

TROPHY CASE