Of course, but I’m wondering if they’ll see the address on the title and me listed as the only owner and then deny the payout

We have 12k down and 10k for closing for the home. So 22k total. 10k might be an overshot for closing.

I’m looking at cars costing 28k or less after taxes and fees. Not looking to buy myself a Tesla or anything. Just a reliable vehicle.

Property taxes and homeowner's insurance rates change yearly. It's impossible for the lender to proactively predict how much it will change. When the bill comes due, they pay it. If rates went up and the escrow account is short, they cover the shortfall, and adjust the escrow payment to make up for it. If people don't like it, then don't pay those bills via escrow on your mortgage. Pay those bills separately on your own. Then the mortgage payment won't change.

This has nothing to do with putting 20% down and avoiding PMI. PMI is completely separate from property tax/insurance escrow.

Thank you! He's been very open and honest so that's helpful. It's just going to take work.

It's listed in your documents when you sign it. Typically it's 75%-78% LTV for them to remove it.

Definitely take advantage of this. I mean it's the closest thing you're going to get to a guaranteed 15% return. And it's really more like 17.5%.

He will figure it out and he has a good woman there helping him figure it out. I think it’s really beautiful and shows a good partnership. I just had to add in the “make sure you’re protecting yourself” part because I’ve been through a divorce where I was financially having to build my partner up as well. It wasn’t a messy divorce but we made a lot of poor spending choices because I wanted him to have a good life, etc.

They will usually go over prices and values regardless. However, they will not release the funds until they have the title. This is because when they total out the vehicle, they are taking ownership. They are basically buying your car from you. Nobody buys a car without the title in hand.

If there is someplace you can invest it, then I would do that. If it were me, I would just float this loan and invest the extra monies as long as its like tax saving accounts etc to use. If those are all filled up then I would maybe pay off the loan faster.

This is from nerdwallet:

> Here’s a caveat: To cancel based on current value, you must have owned the home for at least two years and have 75% LTV. If you've owned the home for at least five years, you can cancel at 80% LTV.

Even if the law said 80, you’re above 80.

I definitely prefer not paying income tax. I don't buy all that much that's expensive (besides food, not taxed but hella expensive), so I haven't mapped it out but I'm pretty sure we're coming out way ahead

My one comment is: rather than thinking $12000 for home down payment, think $12000 for closing costs, which isn't the same thing. When I bought in 2020, we put $13000 for the down payment (5%) and an extra ~ $4500 in closing costs on top of that.

Our 100-person wedding in 2017 cost ~12,000. You can do it for much less, of course, but this was a 'the venue handles everything' middle of the road wedding.

As for the car: depends on the car - take a good look at the loan terms (length & monthly cost). I just put $20,000 down on a car and have a hard time imagining putting down less!

At the time of these purchases, husband + my combined income was ~ $140,000.

So, i'm going to present an opposite idea.

Big ass gun safe. Like, a 12-36 (rifle) gun safe. Heavy, fire & water resistant for 60-120 minutes. He knows the combo and you do. He dies, you can open it. Avoids the wife situation, consolidates the money into a "healthy" environment; relatively theft proof (esp if bolted down); still provides him the hard cash; Available to store important documents and precious metals if he changes his mind; able to store firearms as well; it's something that can be handed down or stays with the house for value.

My mom was a bit the same way, stashed cash all over the house. I was aware, but wasn't really behind it, it was whatever though. I joined the Army and ended up having to deploy. I needed somewhere to store my guns because I didn't trust the Army's storage at the time. So I bought, and had delivered & installed a really nice big ass gun safe. I used it during deployment. It's still at my parents house. There's no value in moving it. They now use it to store documents, some precious metals and other things. I doubt they would have bought it on their own, but are more than happy to use it now. I know the combo, and I have access if needed.

I'm considering taking a paycut just to avoid a stressful environment.

Did he have a residence else where? From your posts on my other comments he did not. You also said he was in CA at his parents for over his month. He was living there and you are probably screwed because of that to be honest. Unless you can show he had a residence with mail else where?

The honest truth is no one can really tell you until you start working your new job.

My last job switch gave me close to a 25% raise but I overall regret it. The team, culture, product all kind of suck. My previous role was much more interesting/challenging and with a better company. If I had stuck around for a bit I probably would have ended up with a similar level of pay eventually. (again that might not be true for where you are)

On the face of it 25% increase in salary is still sort of worth it due to how much it has changed my financial trajectory. But depending on your expenses and how much you value your well being, someone else might have said "nah not worth it".

That's what I was afraid of. I just wasn't sure where to start but I've gotten some good answers. I'm glad people have been so helpful. And I've been working hard for years to get myself set financially so I want him to be able to do the same. He's very willing to do what it takes he's just lost.

1. Wedding is going to be 25k or less. It’s a smaller wedding.

2. Car has lots of problems I am not fixing as I’m done putting money in it constantly. New car will be purchased after we have keys to the home to not impact my DTI.

3. Where we live we can get a 3-4 bedroom 1.5-2 bedroom home for 250k or less.

I believe it's 78%. Keep in mind, that's off the original purchase price. Home equity due to appreciation I don't think is part of the legal requirement.

I don't even know if they're allowed to say if you're re-hireable. I think they're only allowed to confirm the dates you worked there, now. It used to be different than it is today.

Sounds to me like the paranoia that accompanies the early stages of dementia or Alzheimer's. Maybe speak to his doctor.

It's pretty easy to max both actually if you have no debt.

Already lots of good advice here but is this before negotiating? I’m sure new company is expecting you to counter if you haven’t already. My last gig included a company performance-based bonus but in negotiations I requested a much higher base salary for a lower % bonus. But that’s because I’m more risk-averse and have been through recession-caused layoffs before… I just personally prefer guaranteed income and not being locked into staying somewhere just because I’m waiting for the quarterly / annual bonuses to be distributed.

Sometimes you can find an address in the 'terms of service' for a company. It will either be a legal contact or the corporate address.