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Ron's rate increaser
Ron,
In your brief you are discussing the electric rate increase. Are you in the PG&E service area? Is that a local increase or across the board?
Please give me more information.
BTW,
I bought a home across the street from my residence. I paid cash for the good deal and my son's and I did all the repairs.
My son applied for a loan for just the cost of the home, (purchase price + repair costs, no labor or profit).
That was four months ago. He meets lending criteria, income level, & appraisal level but cannot get a loan. Underwriters keep barfing it up.
Loan amount is only a hundred grand. House payment is only 1/2 the amount of his former rent.
What's wrong here? Can a member help clear up what we are doing wrong?
Thanks
Thanks Ron
__________________
Tinman
Last edited by Mark Husar; 07-14-2009 at 06:30 PM..
Reason: Added content
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