It's been awhile since I applied for a mortgage but typically they want 6 months proof of income. Your best bet to find a structure for taxes is to look at what hairdressers who rent a chair from the salon have to do (since they also get tips) the owner of the salon applies differently for taxes and is legally required to keep track of contractors working out of their shop

Oooh, I wonder if we're talking about the same employer. My current one (that I'm running away from) has the worst reputation in my field. Pay is nice though, for those sleepless nights when you're on call.

Why would you take out a loan when you don't have anything specific in mind for it? If you were planning to start a business, sure maybe. But you plan to do what, 'invest'? Not a good idea there's no guarantee you'll outperform that interest rate.

Just focus on getting a full time job and saving up your own money while you have the luxury of low monthly expenses.

I hadn’t even thought about that!! I’m definitely not going to mess around with that then. I’ll call the agent. Very, very scared though. Thank you for pointing that out and thank you for the help

$2300. I am more upset about that a scammer is being protected by my bank than losing that money. I know I am being pity

You keep mentioning the policyholder in 3rd person. The policyholder is irrelevant in this matter. If the car is registered and titled to you, then you must be the named insured on the policy and insure the car solely in your name.

If the current policyholder is not on the title or the registration, then the insurance will likely not payout as theres no legal obligation to.

Seriously, I can't believe that's the top comment.

Accepting the counter offer can sometimes make sense though. A friend of mine got a call from his previous employer offering him enough of a jump that it would be hard to turn down, but likes his new job better so he took the offer to them and they matched it. That was most of a year ago and they've been very good to him so far.

The degree to which different Employers/Roles actually care about retention varies, but those who do will go out of their way to placate people they think might be flight risks. The cost of awarding a small "market adjust" is smaller than letting the position go vacant.

How much was the purchase?

The older I get, the more I value those relationships.

I’m glad you liked your video. We personally are not a huge fan of the videos and like photos more. Our prospective venue is under 10k for all the food/alcohol/venue/reception. So we’re right on budget for that.

Car is going to be 28k or less. Which is how I got the monthly payment with the 5k down.

Most homes being sold where we live have newly repaired HVAC. I browse listings daily and ~70% of the homes have had their HVAC replaced in the past 3-4 years.

This weirdly makes me feel better. Misery loves company I suppose? I’ve also been working around the same amount, entered the work force in 2008 and promptly had my first lay off in 2009. Lots of “once in a lifetime” recessions for us, eh?

Yeah, I have a temp job already lined up for summer so the money was gonna come from that if I moved, but you’re right. I should probably enjoy the summer and apply for jobs and see what I get.

Yeah, it entirely depends on why you left in the first place I suppose. For me I only left because of the compensation, and the new company has more prestige, so good for the resume. Then 9 months later I realized me having a panic attack every time I get paged for production issues isn't worth the brand name and the money they pay me haha.

I have younger siblings too

>So they had to jack it up to pay for the taxes they forgot to pay.

How did they forget to pay it? When you got the mortgage, they based the escrow balance needed by what the previous owner was paying. When it came time to pay the bill, the escrow account was short, because your tax bill was more than what was estimated. So they covered it, like an overdraft at the bank. The next year, the payment went up to cover the 2 parts. One part was paying back the overdraft. The other part is building up the escrow account to be enough to cover the next bill. Generally, they send you an escrow analysis and give you the option to pay back the overdraft in one lump sum up front, so that your monthly payment only goes up enough to cover the next tax bill.

You need to move, despite what I already have seen posted here (and everyone’s favorite anecdotes) the biological sciences pay quite well without a PhD. A ms in chem is a solid 60k a year at any manufacturer plant. The work is boring and a grind. However there is a lot of viable career growth. You just need to live near somewhere that manufacturers. Then you can pivot into another role, whatever suits you. I have a BS in chem, nothing else. I make mid 90s, and have been in industry about 2 years. Biologics and pharma are still booming despite other industries slowing down. Stay away from academia, my guess is that’s what you have seen. Those places do pay barely over minimum wage, and there is no growth. Those are filled with people needing pubs for graduate school applications. You have a very employable degree, use it.

Don't pay them any amount at all without talking to a lawyer or CPA

The biggest risk isn't a fire, it's someone hearing that he has a huge stash of cash in his house and robbing him. Are you familiar with Truman Capote's In Cold Blood?

You can play on his paranoia by pointing out (truthfully) that any nosy person who enters his house is liable to discover his stash and blab about it to God knows who. All it takes is one desperate person overhearing a rumor for him to have a really bad day.

I was the only owner of the car. So owner, title, and registration are all in Oregon, policy is in Utah. I don’t think the policy holder was listed as a driver of the car, either. I’m afraid to talk to the insurance company about it right away because I have absolutely no way to handle it if it was a mistake and they refuse the payout and sue for what they’ve already paid the other driver

Edit: I’m going to call the agent. Don’t want to mess around with fraud. Hadn’t even thought of it that way. Just gotta hope for the best at this point

Yeah and I have a cool job for the summer, so I know I’ll have fun for a bit after graduation.

Thats very possible. You would be better off asking them about it before it happens. And trying to explain the situation. If you dont bring it up, but knew about it beforehand, that can be classified as withholding information, which is a form of insurance fraud.

$25k would be good if so. Just be ready for surprise expenses at the end. wife and I added a videographer that was expensive but now a days if you asked either one of us we could have skipped photos and just done that ( we watch it every year ).

Smart move on the car. The other benefit then is you should hve some down payment money from the wedding for car so it’s not a bad choice. Have you figured out how expensive the car is you want to buy? That’s the other big piece. Good news is market should be adjusted next year (used cars dropping big time right now).

And the house the comment was more about must have repairs immediately. I invest in real estate and been around it all my life. $250k I don’t doubt you can get 3-4 bedrooms my comment was more the fact that you are likely looking at 1950-1980’s time period for it being built (unless you are looking at town homes?) and so you might have some bigger repairs needed when buying like a roof, new hvac, etc… It’s just something to keep in mind you might have some larger bills on top of the closing costs when buying.

Sounds like there might be too much competition for electrical work in your area. There’s a few options. Search for entry level jobs in that field, contact your school also to see if they can get you in somewhere, I know some schools will do this.

If this still doesn’t work, look in other areas if you’re able to move. If you’d like to stay where you are and competition in that field is too tight start looking at other things. I got i.t certs and was unable to find a job for a while in i.t so I went into a relative field, banking/ fraud. While I don’t work ON computers I work WITH computers and I actually ended up really liking it more than i.t. Good luck brother, keep your head up.

>Isn't this illegal?

It is not. The law only requires PMI be removed at 78% (or 80% if requested) based on the original amortization schedule. You can also request it if its at 80% based on the original purchase price due to additional payments.

https://www.consumerfinance.gov/ask-cfpb/when-can-i-remove-private-mortgage-insurance-pmi-from-my-loan-en-202/#:~:text=Automatic%20PMI%20termination,original%20value%20of%20your%20home.

If you're relying on an increase in property value, the lenders can set their own restrictions

https://servicing-guide.fanniemae.com/THE-SERVICING-GUIDE/Part-B-Escrow-Taxes-Assessments-and-Insurance/Chapter-B-8-Mortgage-Insurance/Section-B-8-1-Conventional-Mortgage-Insurance-Requirements/B-8-1-04-Termination-of-Conventional-Mortgage-Insurance/1040972451/B-8-1-04-Termination-of-Conventional-Mortgage-Insurance-05-15-2019.htm

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