Mortgage Broker + GPS

SJ1001

New member
Sep 2, 2007
173
0
0
Hamilton
infernis said:
Getting a mortgage should not be the problem, its dealing with the tax part that comes after...

Dream house and no proof of income, = Audit Target...
Fortunately, my dream house is about 80 years old, ugly as sin (but beautiful under the 70s makeover) and 80,000 bucks. Hopefully the CRA will not see that as beyond my means, even if my income for last year was limited for the first 8 months of it.

Thanks to everyone for your suggestions. I was feeling very lost, since this is a brand new experience, and found myself wishing I knew someone who had lots of experience with money. Then it clicked: the guys who've been providing *my* income for the last four months. And you have all been incredibly helpful. I will use all of this information to see if I can get this house before it sells. Thanks so so so much!

About the taxes: I'm not about to burst into song over it, but I enjoy a variety of public services that I don't want to give up and that I think everyone is entitled to, regardless of income. I have a separate savings account for my tax money, so I am prepared. If all our MPPs were paid no more than nurses, I'd celebrate lower taxes and better health care along with the rest of you, but until then, I just suck it up and pay.
 

papasmerf

New member
Oct 22, 2002
26,531
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42.55.65N 78.43.73W
SJ1001 said:
About the taxes: I'm not about to burst into song over it, but I enjoy a variety of public services that I don't want to give up and that I think everyone is entitled to, regardless of income. I have a separate savings account for my tax money, so I am prepared. If all our MPPs were paid no more than nurses, I'd celebrate lower taxes and better health care along with the rest of you, but until then, I just suck it up and pay.
Any other questions????
 

anon1

Well-known member
Aug 19, 2001
10,493
2,422
113
Tranquility Base, La Luna
SJ1001 said:
Fortunately, my dream house is about 80 years old, ugly as sin (but beautiful under the 70s makeover) and 80,000 bucks.
Holy shit!
I'll go halvesies with you and all the problems solved.

I'm serious. :cool:
 

papasmerf

New member
Oct 22, 2002
26,531
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42.55.65N 78.43.73W
anon1 said:
Holt shit!
I'll go halvsies with you.

I'm serious. :cool:
And somehow I suspect you would loose your investment.
 

papasmerf

New member
Oct 22, 2002
26,531
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42.55.65N 78.43.73W
anon1 said:
Only if it was in some buttfuck area like Buttffalo! :D
Na

you can make money in any area if you have the right partner.


BTW your BUTTFALO crap is not cool and shows an arrogance becoming of a child.
 

papasmerf

New member
Oct 22, 2002
26,531
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anon1 said:
Gee, I'm sorry.
I didn't realize things were that desperate over there.
I have to ask what would you think of my attacking your home?

One needs to be respectfull of others untill they show they do not deserve respect.
 

anon1

Well-known member
Aug 19, 2001
10,493
2,422
113
Tranquility Base, La Luna
Geez, not another pissing contest with you.
I'm cooking Mexican, come on over and have a burrito.
I'm just over the river.
 

papasmerf

New member
Oct 22, 2002
26,531
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42.55.65N 78.43.73W
anon1 said:
Geez, not another pissing contest with you.
I'm cooking Mexican, come on over and have a burrito.
I'm just over the river.
Now you're talkin
 

trisket

New member
Apr 21, 2007
820
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SJ1001 said:
I enjoy a variety of public services that I don't want to give up and that I think everyone is entitled to, regardless of income.
I don't mind being your service provider since you're appreciative and wrote a good review but don't go telling too many people. :p
 

SJ1001

New member
Sep 2, 2007
173
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0
Hamilton
LateComer said:
A stated income mortgage could work for you Nikki. FWIW, I did a google search and found a mortgage broker, David Grossman, who talks about stated income mortgages here:
http://mortgagemensch.blogspot.com/2007/12/is-it-ethical-for-lenders-to-offer.html

This product would have a higher interest rate than a conventional mortgage but since the mortgage would be quite small it might not make much difference.
Very interesting. I had never heard of this. I will look for more information.
Thanks!!
 

21pro

Crotch Sniffer
Oct 22, 2003
7,830
1
0
Caledon East
get in touch with freakshow... he can probably help you out with the mortgage stuff.
 

Rockslinger

Banned
Apr 24, 2005
32,776
0
0
SJ1001 said:
Nope, questions answered! Thanks guys!
Since your questions are answered, I can make a joke about mortgages. If you live in the U.S., you could have easily gotten a "sub-prime" mortgage with no questions asked, no proof of income and no money down. Pretty neat, eh? In fact, bankers have more money than brains.
 
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