21 April 2009
Another update with more video entertainment
Our third tenant did move in last week, so we just have one unit to fill in our first building. The first of only one so far, but hopefully there are more to come.
Remember that refinance that I told you about. Well, that didn’t happen, although it is still supposed to this week or next. Apparently the funds were not available from the bank at the time we were scheduled to close. I don’t know how much I believe, but I was told that they were still trying to straighten out all of the stimulus money and figure out how that was all going to pan out. A friend of mine in the mortgage business suggested that they might also be holding out for lower rates so that they can pocket the difference. Although it seems unethical, I wonder if there is anything illegal about that. I haven’t read every word of the documents that we signed. I assume that since I agreed to a certain rate, the broker can try to get as low of a rate as possible for a few extra buck for themselves.
And now for the audio-visual entertainment that I promised. This is a classic that people should have been watching over the last few years. Maybe they could make this mandatory watching in credit counseling classes.
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I can’t view the video outside the US. Can I assume it’s that SNL sketch about “Don’t buy things you can’t afford”?