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July debt progress

July 1st, 2014 at 08:43 pm

All the mortgage payments hit:
US: $479 to principal
UK #1: $220
UK #2: $46
UK #3: $50

So that's $795 down, $105 to go on the July debt goal.

A few snowflakes hit today:
-Deposited the $250 from the WV deal.
-Transferred $9 of Pinecone payments to our account. Usually NT keeps Pinecone money since he does the surveys, but he said I could have this $9 for the budget!
-Checked savings and logged about $19 of interest.

Forgot to deposit the kids' piggy bank money; will probably do it tomorrow.

NT's paycheck hit, thank goodness!

Just got a weird email forwarded from the seller's agent about the secondary loan; they're freaking out about it being a 10-year balloon (per HUD stipulations) vs. 5-year. I hope this doesn't turn into a big deal. I wish I could show them this blog so they'll feel confident I tend to pay down debt way ahead of time!

Posted in Uncategorized | 2 Comments »

2 Responses to “July debt progress”

  1. Another Reader Says:
    July 1st, 2014 at 09:06 pm 1404248776
    1404248776

    If the seller signed the counter offer with the loan term specified as 10 years, that's tough for them. They have no reason to cancel the sale.

  2. ceejay74 Says:
    July 1st, 2014 at 09:08 pm 1404248916
    1404248916

    This is what worries me. The purchase agreement was for a 5-year balloon. The HUD said they would only approve the main mortgage if the balloon was 10 years. Seller's agent proposed a set of terms to incorporate the 10 years, we agreed to them (on email, not a new PA), and now he's trying to change them again.

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