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Marilee J. Layman

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02:20 pm: Good News!
I called Bank of America and it turns out Fannie Mae considers the condo worth $144K, so I get a new mortgage! Apparently they don't actually do appraisals, they just pick a number. The Making Home Affordable mortgage is 2 points less than the current one and $200/month less in payment. All costs are worked into that except the $400 application fee, which I paid with a credit card (I can pay that off in 2.2 months). This will make a big difference in my scrimping. I'm still going to stop feeding the birds ($90/month) to help -- Spirit's teeth surgury was very expensive -- but I'll have less debt a lot sooner.

The calamine lotion didn't help with the stria (and I have no idea how to get it off the washcloth), so I'm trying the vaseline today. The early problem with that is that the only kind I could get has the baby smell.

lizzibabe came yesterday and put my new computer table together for me and I took her out to dinner (with a coupon, I admit) and we had a nice time. I'm going to a funeral tomorrow (father of the husband of our bookgroup librarian) in Maryland, so I'm getting a ride from friends driving up and don't plan to move the EEE over and start setting it up as the primary computer probably until Monday or so. In the meantime, I'll get used to having the table to my left.

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[User Picture]
From:gerisullivan
Date:May 21st, 2009 07:27 pm (UTC)
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Whoohoo!

I followed the Making Home Affordable links last night and learned that Freddie Mac thinks it owns my mortgage. Your good results encourage me to follow through and see what, if anything, my mortgage qualifies for.
[User Picture]
From:mjlayman
Date:May 21st, 2009 08:08 pm (UTC)
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Yes! Definitely a good idea to find out! I'd thought I couldn't get it because all the condos selling here are foreclosures and going for $80-85K, but apparently Fannie Mae and Freddie Mac aren't using those values.
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