I bought a three-bedroom, 1 3/4 bath ranch house in Yucca Valley in November 2004, just before the housing market went south. Fortunately, I did not pay top dollar, so the value has only gone down about $13K. It took me until June of 2005 to get it ready for a tenant. At the time I evicted her a year later, she was behind six months' rent, plus she left a mess that took more than $1,000 to clean up. And she left all the faucets running for the last month she was in the place, so I was socked with a $500 water bill! But the tenants I have in there now are great.
My first loan payment was in January of 2005, so that means I paid off the loan in just 5 1/2 years. The "personal banker" at B of A said that in six years with the bank, he has only seen two other pay-offs. That sure says something about Americans and their debt.
Add to my very unusual pay-off a credit score of 801 and no credit card or other debt, and you'd think lenders would be fighting over me. But even someone like me can't get a new loan. My income is too low.
I am so happy I no longer have to deal with Bank of America, the evil beast, one of the big robbers of the U.S. Treasury in the bankers' bailout. My loan was originally with some small company that sold it to Countrywide, and then when Countrywide went belly up, B of A took over.
I'm hoping that this roll of accomplishments will continue. There are a lot of things I would love to see finished and done with. On the top of that list put dialysis!
