Questions re: a possible move to KC area

[luv]

Let's say that the boyfriend and I decided to move to the KC area. We're pretty limited on budget, so we're not looking for someplace fancy. Would absolutely love to have 3br, 2ba, and a fenced yard. A two car garage would be great, but, for our price range, I'm noticing most only have one car garages.

Anyway, I'm on sights like trulia and zillow looking around. What are some good local companies that would have houses for rent? Also, even on a limited budget, I know there are areas that we'll want to avoid. Would love something in the 470/435 area.

Not sure on a time frame, but, if it's not this Spring, then it will probably be next Spring.

And, not sure if you guys would know, but we'd also be looking for a good daycare in that area.

Any suggestions for my info gathering?

[luv]

Originally Posted by cooper barrett

Degree? from?

Do you own a restaurant? Are you hiring?

[Chief_For_Life58]

Originally Posted by wutamess

Wrong. Sellers market. This summer average days houses were on the market was probably less than a week. Values have skyrocketed.

this

[Kiimo]

Originally Posted by BWillie

That isn't true. That's only true if you are a sheep and go for a 30 year mortgage like everyone else.

Are you somehow under the impression that if your loan is amortized for 30 years that you are locked into that payment?

It just means your required monthly payment is lower. Unless you have crap prepayment penalty on your mortgage doing a 30 year is no problem. You can still pay it off in 6 years if you want to.

But if crap goes south you aren't required to pay a larger amount each month.

[scho63]

Originally Posted by Kiimosabi

Are you somehow under the impression that if your loan is amortized for 30 years that you are locked into that payment?

It just means your required monthly payment is lower. Unless you have crap prepayment penalty on your mortgage doing a 30 year is no problem. You can still pay it off in 6 years if you want to.

But if crap goes south you aren't required to pay a larger amount each month.

Prepayment penalties normally apply when paid before 3-5 years.

[cooper barrett]

Originally Posted by luv

They had them when I went there. I opted out because I was local and knew I wasn't going to need a dorm.

Both of my girls attended at separate times. I bought a place for them to stay vs dorms. They in turn rented it out to their friends and lived with their BF's.
Yes. They played dumb and still wanted allowances. You know they still never had money when shopping with mom.

I have some funny stories to tell about sitting in the parking lot watching my oldest haul her clothes and toiletries to his car's trunk so we wouldn't find out she was living there. Second daughter wasn't concerned. She was in the car once when we did it to her sister...

I still give her shit about it while I spoil my grand daughters.

[cooper barrett]

Originally Posted by luv

Do you own a restaurant? Are you hiring?

I have a couple of friends in the business, they know people. I've lost touch as I have been away for several years.

[cooper barrett]

Originally Posted by scho63

Prepayment penalties normally apply when paid before 3-5 years.

Got to pay for the loan origination thieves. They can come up with more ways to bend you over than your bank. Wait, they kinda are a bank.

Thats something I liked about KC. Just walk into Capital Federal and have a loan within days. If you had your ducks in a row, you could close in another week.

No fees. You had to fund everything but I think title insurance is all I paid to Cap Fed at closing. I had to prove it was insured, Termite free, and they would let me furnish the appraisal. Most of this can NOT be done since 2010. Escrow accounts suck only had 1, ever.

The good old days before sub prime crime lending.

[Kiimo]

When I sold mortgages in college if someone went to Cap Fed and had the credit score to qualify for a loan it was over.

There was no beating Cap Fed. On the front end or the back.

[BWillie]

Originally Posted by luv

Eh, I'd say quarter of a million.

Go Springfield, MO!

https://en.wikipedia.org/wiki/Spring...area,_Missouri

[BWillie]

Originally Posted by Kiimosabi

Are you somehow under the impression that if your loan is amortized for 30 years that you are locked into that payment?

It just means your required monthly payment is lower. Unless you have crap prepayment penalty on your mortgage doing a 30 year is no problem. You can still pay it off in 6 years if you want to.

But if crap goes south you aren't required to pay a larger amount each month.

I have a 15 year, but I got a much much better interest rate on the 15 year, compared to the 30 year. I should have even went lower.

[BigRedChief]

Just to clarify, my derogatory opinion of Springfield doesn't apply to Missouri State, its teachers, staff and the area around the college. I didn't graduate but have 96 hours in there and my wife graduated from there. That said......... one college and area doesn't change my opinion of the town.

[cooper barrett]

Originally Posted by BWillie

I have a 15 year, but I got a much much better interest rate on the 15 year, compared to the 30 year. I should have even went lower.

In IN the rates are the same or .125%

I wouldn't do it for that just for cash flow,

[cooper barrett]

Originally Posted by BigRedChief

Just to clarify, my derogatory opinion of Springfield doesn't apply to Missouri State, its teachers, staff and the area around the college. I didn't graduate but have 96 hours in there and my wife graduated from there. That said......... one college and area doesn't change my opinion of the town.

Your doing a good job of back peddling. Politics in your future?

[Hammock Parties]

Originally Posted by cooper barrett

Both of my girls attended at separate times. I bought a place for them to stay vs dorms. They in turn rented it out to their friends and lived with their BF's.

Yes. They played dumb and still wanted allowances. You know they still never had money when shopping with mom.

God dammit you have some spoiled ****ing kids.

You know that ruins them for men, right?! RIGHT?! ****.

[cooper barrett]

I got them both good hubby's, I haven't written them a check since graduation. Paid for their own Masters degrees, well, them and their employers...

I am taking the to Grand Cayman for a week at Christmas. 1'st time for Grandkids to see the ocean.. I took my girls to Zuma beach for their first swim in the ocean, Rum Point will be even better.

I set the bar high.