Latestarter's ramblings/musings/gripes and grumbles.

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norseofcourse

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I'm so sorry for your loss :( No matter how long we have them, it's never enough time. And with all the changes in your life right now, it's even harder to lose a friend you've had this long :hugs
 

Bruce

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You sure are having a stressful time Joe. I am really sorry you had to make the decision. Even knowing it was the right one doesn't make it easy to do so.

...

My company is in the process of closing out our pension fund so we will all get a lump sum payment. Mine will be small since it was frozen a couple of years after I started with them but will be enough to give me a 10 - 20% downpayment, ...
If you don't move that lump sum to an IRA, I believe it will be added to your taxable income for the year. That could get expensive.

And :welcome
 

Latestarter

Novice; "Practicing" Animal Husbandry
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Thanks again everyone. Since I'm by myself, this was my only outlet. Thanks for letting me vent here. I know most everyone here has been through it and understands. I can never be without a dog, so I'm destined to go through it again... How many more times? Depends on how many years the man upstairs gives me. I'll never do it via vet again. I'll take care of it myself.

@farmerjan I've been talking with my REA down in TX and he recommended a similar type/AG coop mortgage lender. I've already Emailed them and will use them as a backup if NFCU does indeed body slam me. The only thing is the interest rate and costs will be quite a bit higher. The more $$ I have to put toward mortgage each month, the less I'll have available to put toward animals. I'll know one way or the other tomorrow when the battle(s) continues. The clown at NFCU sent me electronic disclosures to sign, one of which is a rate lock at 3.375 with zero/zero. The rate they have published on site is 3.0 w/.875 discount (no origination), a much better situation. If he did indeed lock it, then to get 3.0 on that lock will cost a point and a half at least. I sent a scathing Email stating that I hoped he didn't really lock that rate without me asking him to or telling him to and that the disclosure was a miscommunication.

I need to start looking for home owner's insurance as well. I really hate this because every potential insurer is going to pull credit and though they say it has no effect, that's not entirely true, it does. And I also despise the fact that they base your insurance rate on your credit score. (mine is fine, it's the principle of it.)
 

luvmypets

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I'm so sorry about your loss. Animals know how to nuzzle their ways into our hearts. Whether they are with you 2 months or 16 years as norse said it never is enough. Glad you are back :hugs
 

misfitmorgan

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Other states are hard ot get stuff i guess.

Here we can change the tax exemption on property every 6 months if we want, we have been in the place we are at only 13 months now and it was homestead, then non-homestead, and now its ag.

I'm also not sure what tax exemption your talking about for farming? We are tax exempt for our farm/ag stuff but that was just filling out paperwork online.

For any property here to qualify for Ag you just have to use 50% min for ag activities. So we have to use 10 acres min and our hay field is 12 acres so even with zero livestock as long as we made hay we would still qualify.

Maybe you could try FSA to get a loan, if your turned down by any bank you can get FSA loan. They have lower rates generally as well. FSA uses two types of USDA loans and interest rate is 3.00%
 
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