{"id":20,"date":"2005-06-06T17:41:06","date_gmt":"2005-06-06T21:41:06","guid":{"rendered":"http:\/\/building.wordpress.com\/2005\/06\/06\/the-best-laid-plans\/"},"modified":"2005-06-06T17:41:06","modified_gmt":"2005-06-06T21:41:06","slug":"the-best-laid-plans","status":"publish","type":"post","link":"http:\/\/www.smalltimelandlord.net\/?p=20","title":{"rendered":"The best laid plans&#8230;"},"content":{"rendered":"<p>A single line, at this point bordering clich\u00c3\u00a9, taken from one of almost 560 poems by <a href=\"http:\/\/en.wikipedia.org\/wiki\/Robert_Burns\" title=\"WikiPedia page on Robert Burns\">Robert Burns<\/a> reflect the sentiments regarding projects that started strong but hit a roadblock or plateau somewhere along the way.   <\/p>\n<p>The good &#8211; my offer was accepted, no earnest money required and only $1 down. <\/p>\n<p>The bad &#8211; I have 9 biz days to close.  <\/p>\n<p><!--more-->The upside &#8211; I had as much as possible completed before reaching this point. The banks are moving along at a pace that should have everything ready at the offer table and the inspections are being performed this week and documented same day. <\/p>\n<p>The downside &#8211; small glitch with a certificate of occupancy on the property being sold (nothing too serious, but with a tight deadline it gets serious fairly rapidly). <\/p>\n<p>I have found <a href=\"http:\/\/www.bankrate.com\" title=\"Free, objective information and rate quotes for consumer bank products such as mortgage rates, credit cards, CDs, auto loans, home equity loans, money market funds, personal loans, checking and savings accounts\">bankrate <\/a>to be a decent source of starter information when trying to <a href=\"http:\/\/www.bankrate.com\/brm\/mortgage-advisers\/interest-vs-points.asp\" title=\"Should you pay points or take a higher interest rate on your mortgage?\">calculate <\/a>how many <a href=\"http:\/\/www.bankrate.com\/brm\/news\/dollardiva\/20010419a.asp\" title=\"The Dollar Diva explains the finer points of mortgage points\">points <\/a>one should accept when looking for a mortgage and what <a href=\"http:\/\/www.bankrate.com\/brm\/itax\/tips\/20010111a.asp\" title=\"Don't overlook the tax deductibility of points paid to get that mortgage for your new home.\">tax breaks<\/a> are available. If you don&#8217;t have the time to follow the above linked calculator, the following calculation is offered: &#8220;Divide the number of points by the number of years you expect to hold the mortgage. Add the resulting fraction to the interest rate of the loan with the points. Compare against mortgage with no points.&#8221;<\/p>\n","protected":false},"excerpt":{"rendered":"<p>A single line, at this point bordering clich\u00c3\u00a9, taken from one of almost 560 poems by Robert Burns reflect the sentiments regarding projects that started strong but hit a roadblock or plateau somewhere along the &#8230;<\/p>\n","protected":false},"author":2,"featured_media":0,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"ngg_post_thumbnail":0,"footnotes":""},"categories":[3],"tags":[],"class_list":["post-20","post","type-post","status-publish","format-standard","hentry","category-closing-stuff"],"_links":{"self":[{"href":"http:\/\/www.smalltimelandlord.net\/index.php?rest_route=\/wp\/v2\/posts\/20","targetHints":{"allow":["GET"]}}],"collection":[{"href":"http:\/\/www.smalltimelandlord.net\/index.php?rest_route=\/wp\/v2\/posts"}],"about":[{"href":"http:\/\/www.smalltimelandlord.net\/index.php?rest_route=\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"http:\/\/www.smalltimelandlord.net\/index.php?rest_route=\/wp\/v2\/users\/2"}],"replies":[{"embeddable":true,"href":"http:\/\/www.smalltimelandlord.net\/index.php?rest_route=%2Fwp%2Fv2%2Fcomments&post=20"}],"version-history":[{"count":0,"href":"http:\/\/www.smalltimelandlord.net\/index.php?rest_route=\/wp\/v2\/posts\/20\/revisions"}],"wp:attachment":[{"href":"http:\/\/www.smalltimelandlord.net\/index.php?rest_route=%2Fwp%2Fv2%2Fmedia&parent=20"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"http:\/\/www.smalltimelandlord.net\/index.php?rest_route=%2Fwp%2Fv2%2Fcategories&post=20"},{"taxonomy":"post_tag","embeddable":true,"href":"http:\/\/www.smalltimelandlord.net\/index.php?rest_route=%2Fwp%2Fv2%2Ftags&post=20"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}