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Heart of Darkness

Breaking Point

Posted on 2007.08.12 at 08:24


ehowton at 2007-08-12 18:06 (UTC) (Link)
Yes, it gets crazy doesn't it? I'm actually bringing a lot of this stress on myself by refusing to put less than 20% down - and by buying down my interest rate. The ONLY reason I'm able (or not, apparently) is because my bank isn't charging me any closing fees.

Of course I've been juggling rates & lenders & fees now for nearly a fortnight - trying to fit all the pieces of the puzzle together.
prog_guy69 at 2007-08-12 18:17 (UTC) (Link)
We were initially told that there would be no closing costs, then found out we needed a couple of hundred dollars for closing. Being a new couple and still dealing with Cyn's divorce, we were not able to put anything down. Still we were able to keep our mortgage payment about the say as out apartment rent payment per month.

County, city and school district taxes have screwed us this year, but we are going to file for the Texas Homestead Exemption, which should lower our taxes. I'm also hoping for a little money from my Dad's wrongful death lawsuit, which should allow us a little room to breathe.

Do you know anything about the Texas Homestead Exemption? My Dad talked about it all the time (he was a custom home builder), but I haven't taken the time to look into it and fill out the paperwork.
ehowton at 2007-08-12 18:38 (UTC) (Link)
It used to mean a whole lot more than it does these days. I doubt you'll see any change once you've identified that as your status.

Go to the County Tax office and fill out the form. regardless.
dentin at 2007-08-13 02:43 (UTC) (Link)
Ick. I understand totally, my sister is going through a similar (though actually worse) issue from the other side - her house was vandalized as part of the standard 'meth' scam and it's cost her about 13k out of pocket to have it dealt with.

Could you email me your physical mailing address and other current contact info? I only have the old boyd one, and need to mail you a present before I head to kentucky.
ehowton at 2007-08-13 16:42 (UTC) (Link)
I don't know what the standard 'meth scam' is, but it doesn't sound pleasant. In Texas, we're allowed to shoot people who wish to vandalize our property.

I'll 'shoot' the address in an email. Thanks.
dentin at 2007-08-15 00:14 (UTC) (Link)
The meth scam is where someone tours the house and spritzes water laced with methamphetamine into the air ducts and furnace. They then offer a higher than reasonable price and request a meth test of the house.

The scam part is that the meth test generally only just barely fails, and the owner fairly often leaves the house on the market anyway rather than deal with the expensive cleanup. The scammer then calls back, says that they know the house failed and blackmails the seller into selling the house for half of what it's worth. The blackmail part comes about because it's illegal to leave the house on the market (illegal in the 'felony' sense.)

My sister escaped by pulling it immediately off the market and starting cleanup proceedings. Halfway through, the cleanup guys noticed something was wrong and got the law involved. It's unlikely that anything will ever come of it, other than tremendous loss of money and time.
ehowton at 2007-08-15 00:45 (UTC) (Link)
That's horrific. Thank you for explaining. I read your comment aloud to my wife. If we ever move (and I hope to never move again) I'll know to respectfully decline a meth test.

Knowledge is power!

My heart goes out to your sister. As if there's not enough stress involved in selling a home...
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