FUEGO
Give me a museum and I'll fill it. (Picasso) Give me a forum ...
- Joined
- Nov 13, 2007
- Messages
- 7,746
You're doing a great job, Fuego!
I can't tell if that is sarcasm...
You're doing a great job, Fuego!
I can't tell if that is sarcasm...
FUEGO, it is really interesting to see how far you and your DW have come since your initial post on this topic. Is it accurate to say you decided not to apply for the HELOC?
Ahhh. Same process, different outcome.No; we applied for and obtained the HELOC from penfed. I had been wanting to anyway.
I also think your DW has risen to the occasion, Fuego, from the early posts where you weren't sure she was on board with confronting a difficult situation. And it is admirable that she is the active voice at least with her mother, being firm about the money handling situation. So the unintended consequence seems to be that your already good marriage might be even stronger.
And any plans for your HELOC ?
What is the fixed rate on you HELOC?
I obtained a HELOC from WFC last week, the rate is Prime+1 (not fixed). They told me that they can give me a fixed but it would be higher than Prime+1.
mP
I can't tell if that is sarcasm...
Wow, that is much better than what WFC offered. They claimed that Prime+1 is the best they have. No up front fee, first year no annual fee, $75 per year there after unless you maintain a balance of $20,000 or more. Termination within three years will cost me $300 (they did a formal appraisal which cost them $450). They will loan up to 80% LTV with no fee of loan up to $500,000.
Wonder if Penfed serves California.
Definitely not sarcasm. You are handling it admirably.
Wow, that is much better than what WFC offered. They claimed that Prime+1 is the best they have. No up front fee, first year no annual fee, $75 per year there after unless you maintain a balance of $20,000 or more. Termination within three years will cost me $300 (they did a formal appraisal which cost them $450). They will loan up to 80% LTV with no fee of loan up to $500,000.
Wonder if Penfed serves California.
SIL's husband is understandably fed up and bordering on filing for divorce. Him and I spent a few hours discussing his issues, where he wants to go in life, looking out for the kids, etc. He says he can't go on living like this forever and something has to happen soon. At some point late in the evening, he says he has made his mind up as to what to do. Something is going down soon.