You know, for a house I didn't especially want in the first place, it's been a hell of an ordeal to get the thing put in my name. I agreed to do that during the divorce: take the house on when I could. For the last year, that really didn't seem viable. Closing costs run about $3500.
Do I have $3500?
No, I do not have $3500.
According to my latest bank statement, I have about $13 until payday. I have a few bucks in savings: enough to buy an OK television or have a fair weekend in Dollywood, but nowhere near enough to clear a refinance.
Of course, that was until I heard about an FHA streamline, which is supposed to be a magic bullet for people like me. Put together as a way for people to lower their interest rate with little or no money for closing costs, it can also be used to modify an existing mortgage --in this case, amend who owns the property in question.
After several months of periodically bringing up this with the guy who wrote the first mortgage and being mostly blown off, he finally decided it was in the bank's best interests or his best interests or someone's best interests to go ahead and start that up.
Honestly, I got no traction until I said, "Either you can help me or I'll just find somebody else who's willing to try."
Finally, he said, "I can get you $700 a month with no money for closing."
That was his first offer.
Then a thousand to two thousand dollar closing cost fee appeared. Then it disappeared. Then returned as around a thousand dollars, but a monthly of $675.
I have no clue what it will be tomorrow.
The whole process gets crazier and crazier all the time, which in my mind explains why the banking industry tanked a few years ago. They're all fucking high on something.
Currently, I'm halfway approved, but there's a list of things the underwriter's need, which today includes documents from a consumer creditor counseling service I used for about five years and dropped seven or eight years ago. It was kind of a scam, actually. The company was supposed to be able to clear up my debts, but that's not really how that played out. They paid themselves very well and every month put a little money on my debts.
The only thing they managed to do was keep people from calling my house, bitching about how much I owed them.
I got a loan from my mom that turned into a gift to just pay off my creditors. After that, I very pointedly left the counseling program, talked to a nice man who seemed to think that was just swell, what I was doing. It was and I was glad to be out from under those people.
Why the bank thinks I need permission from these people now to streamline my mortgage in order to remove my ex-wife's name from it sounds insane. I'm about ten minutes from just telling them to go fuck themselves and just put the house on the market.
Selling the place would solve getting my ex's name off the mortgage.
I've been thinking about that more and more lately. I like living here, mostly. I like feeling like something is mine. I like having a garden and like not having to worry about the damned neighbors hearing me if I snore or laugh at the stupid television, but I don't like feeling like the place owns me.
I'm not sure I'm cut out to be middle class and a homeowner. I'm not even sure if I'm cut out to be a local anymore.