The Useless Posts Thread

My section NCO and I had been scheduled to drive to Ord for a couple days, a few different times, for some training activities, but it never happened.

I have family that lived inland a little from Ord (Prunedale), and after I got out out, I would visit them once in a while, and I'd go to the PX at Ord. Now, if course, DoD gave the land to the State, and they built a California State University on the base. Specializing in Marine Biology (imagine that )

 

Thanks I was being snarky though.

 

Ah, Prunetucky. I grew up in the Salinas area, lived in Monterey for a while (before and after the Army). I remember when they were making the deal to put a Cal State there after the base closed. One of the names for consideration was Cal State Ft Ord, but it lost out because Cal State Monterey Bay apparently sounds better. I like university Ft Ord, or UFO!

 

My cousins lived right off 101 & Pesante Rd from about '73 until around 2010, when their oldest daughter and her hubby moved over to the Visalia area. Once their youngest was off to college, they moved over to Visalia as well.

 

Did the buyer recently win the powerball in California?

 

My wife and I signed escrow docs on Wednesday night for a home in KY. We ended up at 7.1%. House we sold in CA in September had been at 3.6%. We had only been in that place for 3 years, so didn't have much equity when we sold, just enough to cover our move to KY and pay the damn VA funding fees on this new place. Sure as hell not in any position to have paid cash. Would have been nice, though. Not too likely I'll still be working at 85 years of age to eventually pay off this mortgage.

 

Welcome to Kentucky.

 

The mortgage rates are crazy right now, but not as crazy as all those suspect loans that lead up to the meltdown. I remember gimmicks like 30 year loans with interest only payments for the first 5 years, then ballon payments after, loans to people who really didn't qualify, plus other dodgy loans.

I got lucky and got my house (standard 30 year VA w/no PMI) before the rise of property value that preceded the crash. The rates dropped really low then and I was able to refi into a 15 year at 2.6%. Enough of an interest drop to make my new payment the same as the 30 year, and it lopped years off the loan. I'll have it paid off by the end of next year. Not the best financial move, but the feeling of security is worth it.

Good luck in your new place! Hopefully your near the bourbon trail.

 

Thank you, we have been here in the London area since late August, absolutely loving it! House is in north Corbin.

 

We are in southeastern part of KY, about 40 miles north of the KY-TN border. I looked it up, the "official" Bourbon Trail is in the northwestern portion, around Louisville. Only about 140 miles from us, and we do plan to go probably next spring or summer I've actually never had Bourbon in my life I do, however, love some good single malt Scotch, especially those from the Islay region. Peaty smokey goodness....... yummmmmm!

Our mortgage broker told me that there is a VA "Streamline ReFi" option where you can refinance within 1 year of the original loan - for the purpose of "lowering the interest rate and saving the Veteran some $" and they will waive the funding fees. So hopefully the Fed will get back to planet earth and rates will drop a good bit in the next year, and we can refi and save some $$$$$$$$$. It kind of kills me that this place is almost the same as what we sold our place for in CA. But this house, on this much land in CA would be probably $1.5M or more........ maybe $2M, depending on location. But the home owners insurance costs are almost identical, even though the fire danger is essentially 0 here. This mortgage payment is just about $1000 a month higher than what we had in CA, largely due to the 3.6% vs 7.1% rate. And this loan principle is about $40K more than the house in CA.

 

Veterans Day fun, thanks to all that serve.

https://www.youtube.com/watch?v=l-urynk63Wg