Friday, December 24, 2004

My Bad!

I know, I know, I haven't been blogging in a while. No I am not dead, just internet-less. Blogging at work is hard but today is a very slow day.

On the house front, I am all moved in. However, the woman that owns the house has turned out to be (as I had suspected) a psychopath or at the very least suffers from Disassociative Identity Disorder.

The Canadian Tire mortgage fell through because the house was too old and only had 60 amp service. So the next mortgage the broker offered me was a 65% mortgage and another personal loan for the 35% between me and the owner. She refused it. I told her it was better than the original plan we had for rent-to-own for a year, at least she would have 65% up front. And after a year they would refinance the mortgage and pay her off. And then she said something that made me suspect the DID. "Oh I would have never agreed to rent-to-own."

Excuse me but could I talk to the other personality that I have been dealing with all along? Turns out she had an offer on the house. The guy was interested in buying it as a rental property. How much you wanna bet that having someone in the house renting was a selling point for DID woman?

But I think it may be a good thing. Considering the 60 amp service that would have to be upgraded to 110 in order for me to get insurance for the house. After the conversation with DID woman, I went upstairs to dry my hair and proceeded to blow the fuses for the entire second floor of the house. Perhaps a sign from God. That turned out to be the tip of the iceberg on this house.

I won't get into it, but the plan is now: If I can renegotiate the rent ($675 nothing included) with the new owner to a reasonable amount I will stay on. But if not I already have another place lined up around the corner that is $425/mo heated. In this neck of the woods that is dirt cheap rent. The only down side is moving twice in two weeks. The helpers might rebel.

My banker on the other hand is happy this did not work out. She says that if I wait a year, I can get preapproved for a mortgage and find the place I want instead of the first one that is available to me. Good plan, I think I will go with it.

Hope you all have a good Holiday, keep your stick on the ice.