Archive for the ‘Mortgages’ Category

I swear the universe doesn’t want us to be stable…why?

Well as you can probably figure out its the middle of the day and I am writing this post because I was let go on Friday from the State Temp Assignment…they couldn’t get me access to the necessary items because I was a Temp and as a result couldn’t keep me busy – yeah staffing agency called me at like 6:30 Friday evening…I can’t even begin to wrap my head around this – why oh why didn’t the client think of this BEFORE bringing me on board?!?! I did put my application in for the permanent spot, but at this junction I doubt highly it’ll happen – though I also don’t think I want it to, if that makes sense…I was feeling lethargic while there and really dreading being a desk-jockey again…

I’ve also decided I’m not going to the COPAT test on Thursday – the very idea of working in a prison scares the ever living you know what out of me, while I am sure I can do the job, I am not 100% sure I want to. If that makes sense?

So here I am once again unemployed – no real prospects – didn’t see one single position that looked appealing today…gonna be a very LONG holiday season for sure.  Thankfully I am capable of making Christmas gifts for the family, so I don’t have to worry about buying them gifts.

THEN I checked my hubby’s unemployment account and he’s said he’s been filing his weekly certs YET he hasn’t been paid…makes me wonder…WHY?!?!?  There should be several hundred bucks just sitting there, I haven’t touched his account since the beginning of October – 6 weeks ago – so there should be 6-weeks worth of monies there…I wonder if he’s actually filing….

Anyhew, that’s where we’re at – the mortgage thing is up in the air – I’ve asked him to look into the Unemployment Office’s assistance program and natch…we need to have a chat for sure.

Well here we are it’s been two weeks since my hubby lost is job and we’re still very much up in the air…nothing has been settled apart from getting us on my company’s insurance, we’re still waiting for the cards, but everything else is pretty much settled.  Thankfully!

When I last touched base with everything he’d just lost his job – the AC was out – hubby scoured the internet and found a company that was willing to work with us financially and they sent a technician out the next day and repaired our unit for $200 ($100 paid when he did the repairs and the balance was paid that Friday when I got paid)

Then the SAME day our AC was out my Hard Drive on my computer (work) had crashed – did I mention that little nugget?  Yeah it took a nose dive onto the floor and BAM the hard drive was toast…ugh managed to get it to the IT team here at work – they replaced the hard drive and got me back up and running – however, I’ve spent the last two weeks rebuilding all of my work documents.

And then on Tuesday my hubby posts to Facebook that our Washer Exploded…yeah you read that right EXPLODED – not quite literally – but just the same the thing decided it was going to break down in such a way that there’s no hope we can jerry-rig it.  We have a Front Loader Frigidaire washing machine w/matching dryer, they were housewarming gifts from my Grandparents when we closed on the house, total cost was like $1100 for the pair, and this was seven years ago mind you.  About a year ago the lock on the washer went out and the spin cycle decided to not work properly we’ve managed to jerry rig it so that we can run the spin cycle and it worked – well hubby was running my daughter’s laundry post camp when mid-cycle he heard a loud bang…he went into the laundry room and found this

Washer 1Washer 4

Yup the glass on the door just imploded! He called Frigidaire yesterday and they offered to SELL him a warranty for $400 and then they’d sent out a technician ON OUR DIME to see IF (yes I said IF) it needed replacing or could be repaired…so yeah we’re screwed – as of right now we can’t run any laundry and with four people in the house its piling up quickly.

On a positive side note a couple of weeks ago I posted on the Wilmington Buy-Trade-Sell Facebook group a free scrapghan and the flood gates just opened – EVERYONE wanted it – and some people even requested I make them afghans – some were serious – others not so much – I’ve already sold one, a pink Granny Square style one, isn’t it pretty? I was almost finished with it when she requested a Pink/White afghan – I told her I was almost finished with this one and she grabbed it – we agreed on a price and she paid me $75.00 for it!

Pink Afghan

Thus far only one woman has been serious about it and she ordered two afghans – one a daisy granny square pattern and the other a chevron pattern one…the daisy afghan is done, and I’m just getting started on the chevron pattern one – here’s the Granny Square one

Daisy Afghan 1 Daisy Afghan 2 Daisy Afghan 3

So Pretty!  I’m not sure how much she’s willing to pay for them – she said cost of supplies + so we’ll see – I am super excited about this!

In the meantime we pray and hope – hubby is headed to DSS today to try and get us Food Stamps – we’re still waiting to hear back on whether or not he’ll get his unemployment – evidently his employer isn’t being responsive to the ESC, wonderfrigginful – so we wait…later in the summer may be looking at some VERY hard decisions – especially about our home – we obviously can’t afford the house + the van + the insurance + feeding ourselves + groceries + utilities so if he doesn’t get a job &/or the unemployment + food stamps don’t fall in line we’re screwed.  We know for sure we HAVE to keep the Van – we need our reliable transportation, so when it comes to pay the mortgage or pay the van we’ll pay the van…we’ll see – but most likely our options are these:

1. Walk away from the house and my job and head back to MD – NOT my top idea honestly – if this happens it’ll be on the coast of MD – I have to be on the coast

2.  Walk away from the house and my job and hit the road in Silver (van) and just drive around the country camping, living out of Silver, homeschooling the kids and working odd jobs

3.  Walk away from the house, keep my job, stay in NC and move into a cheaper home – the only issue I foresee here is our five furbabies…

Until we know for sure what we’re doing the balls are in the air – quite literally…

Until next time…

Ugh

Ugh

Ugh

Why do I always find myself in this situation?  A place where we are struggling to find that balance with our financials + our life+ wanting to keep our kids from suffering financially in our lives (i.e. missing field trips we can’t pay for, getting them new clothes when needed, etc.) it’s a constant battle to try and figure it all out – we have way more going out than coming in and 2/3 of what’s going out is just the Mortgage, Car Payment, Car Insurance, and the Utilities…I can’t stay ahead of them no matter how hard I try.

So where are we:

 – Midland Mortgage – 6 Weeks Behind, 1.5 Payments = $1,281.00 due by 06.15.15

– Regional Acceptance – 6 Weeks Behind, 1.5 Payments = $808.50 due by 06.17.15

– Cape Fear Public Utility Authority – New Statement Shows $285.00 due by 07.05.15

– Progress Energy – New Statement Shows Another $289.21 due by 06.01.15

 – AT&T – No new Statement Rec’d yet, assuming it’s going to be another $130.00 due by 06.15.15

Then there’s the whole need you know, EAT, and our grocery bills run about $150 – $200/week depending on how much we need – and we eat fairly healthy so that means a lot of vegetables, fruit, nuts, cheeses, and the like and those are more expensive than the processed crap in the store (backwards I know) and then if there’s a week I’m in need of protein powder that’s another $40.00 for both of those (vanilla and chocolate – used for two separate things and bought maybe every other month, 2 x 2lb containers last a while)

We try to make use of my husband’s work coupon to save money on Dog food one week a month and we haven’t used it yet this month – so we’ll probably use it tonight to save some money there as we also need to get kitty food.

And Silver, our van, requires about $30 – $35/week in gas, which Thanks to our Costco membership I save a little money there each week! Whoop Whoop!

And my husband’s money changes week to week, but here lately he’s required all of his $25 + some…ugh…I so can’t wait until he’s back to grooming so he can get tips + his commissions – oh yeah I didn’t post about that – but about 6 weeks ago or so he was injured during his shift – a 60ish lb dog was flayling around and knocked into my husband’s rib cage – and ambulance was called because about 15 mins after that incident he started having chest pains that radiated up his arms, neck and into his back, so we thought it was a heart attack – after spending 6 hours in the ER it was determined that it was musculoskeletal and he was sent home to follow-up with his primary care Dr – the following Monday he went to see his Dr and it was determined he had broken some ribs and had some bruising to the muscle’s – back & forth with the employer for Worker’s Comp – put on leave and then light duty for 6+ weeks means he’s losing money – we’re back to just his paycheck which hasn’t been much especially when they take out his benefits…ugh…

I am grateful though that I have been able to work my full-time schedule and if I’ve had to be out of work I have leave to offset the hours – YAY!!!  That’s been very helpful for sure.

And while my work for my author-employer has been steady it’s not income I rely on to help cover finances because the hours are up and down depending on her schedule…I mainly use that money as a means to fill a gap when we’re requiring it – like now Silver is due for an oil change, and I intend to use my next paycheck to cover that expense which I am estimating to be about $65 – $70 with the oil change, tired rotation, filter replacement, etc.

Ok back on track – so with the above we still have our normal monthly drafts:

– My Gym Membership $19.99/mos on the 17th

– My Personal Trainer, $50.00 on the 1st

– Hulu.com Subscription, $7.99 on the 21st

– State Farm Insurance, $272.00/mos on the 28th

– Music & Arts Center, $33.41 on the 18th (son’s Trumpet Rental)

– Vet’s Wellness Plan for Sadie, $32.95 on the 5th (this is with my hubby’s discount)

It’s no wonder we’re broke…ugh…I seriously need to invest some time into getting OT hours – I keep forgetting I too have benefits that draft from my check and need to make sure I work enough to offset those costs.

So that’s where we are – I am also running burnout at work – trying to save my leave so I can take some time off this summer and have some remaining for Christmas break as well…wish me luck!

Good Evening Everyone!

It’s been roughly (3) Months since I last checked-in and WOW things have changed some – some for the good and some staying where they are…

Our tax return lasted us about 2.5 months this year – 90% of which was spent paying bills – we dedicated a large portion of it to help pay the mortgage, car payment, insurance, utilities, etc and it turned out to be a blessing for sure! Those months right after Christmas always tend to be a problem for us, but having the tax refund really helped smooth the road from that point forward.  The remaining 10% we spent on shopping – we took about $600 and hit Myrtle Beach, SC for a day of Outlet Shopping, cruising Broadway at the beach and then dinner at Red Lobster! It was a fun-filled day that we all needed!  And the rest went to little purchases here and there – movies, books, other clothing items, food, etc.

For the good, and I mentioned this on my NCReaderBlog the other day – I have taken on a 2nd job, part-time, working for an Indie Author named, Heather Hildenbrand, author of such books as ImitationDevitation, and the Dirty Blood Series, doing her administrative work – helping her with blog tours, cover reveals, working on her newsletter as she needs me do and just anything and everything she needs help with! The hours fluctuate based on her needs and schedule, but I love it! She’s an amazingly sweet lady who is just very cool!  I found this job via her Street Team facebook page and applied as soon as it hit my newsfeed – she was like whiplashed I hit her so fast w/my inquiry and resume LOL!!  This position adds an extra $40 – $80/month to our budget or $10.00/hr as her needs require, and has helped with some smaller expenses as they’ve come up – stuff like oil changes for the new van, or something as simple as putting gas in the car or paying for emergency groceries!

Another, for the good change as been a gym change for me – if you all remember roughly 15-Months ago I joined Planet Fitness to help with my weight loss goals – well I reached my goal weight and was looking to move more into weight lifting and decided to give the New Rules of Lifting for Women program a try – well to do the program in full I really needed more weight room flexibility so after a lot of soul searching I decided to leave PF and joined Gold’s Gym – and I also took on a personal training twice a month to help me reach my goals.  The costs of which were a $200.00 enrollment fee + $19.99 month for the membership and then $50.00/month for my PT – who has been well worth the expense! She’s just amazing – she’s a powerlifter and has been working with me to increase the weight I use while guiding me with proper form! I’ve been a member of Gold’s now for about a month and I feel so much more at home than I ever did at PF! Probably because I know my way around the weight room more 😉

Otherwise, we’re remaining static – the last restructure we did with Citi went through and as soon as the paperwork was returned to them they sold our loan to Midland Mortgage – who is just now receiving the paperwork from Citi – oy what a ride that’s been – but I spoke with them yesterday and all is good – our credit hasn’t been affected by the changeover and we’re paying the payments as scheduled, so we’re good!

Life continues to move forward and we’re just taking things one day at a time.

Ugh Ugh Ugh…

We do this time and time and time again – we overextend ourselves and we get ourselves into situations financially that we just can’t overcome…

I’ve done the math with the payments and financials for the new van and I must say I am less than pleased with where we’re at and where we’re going to be.

Here’s the breakdown using our last four (4) paychecks are the basis of our overall budget

W/E Date  Lara  Jimmy
12/21/2014  $    512.23  $    290.12
12/28/2014  $    550.68  $    307.58
1/4/2015  $    471.34  $    286.22
1/11/2015  $    490.92  $    263.42
 $ 2,025.17  $ 1,147.34
Average Weekly Pay  $    506.29  $    286.84
Combined Weekly Pay  $    793.13
Combined Monthly Pay  $ 3,172.51
Expenses: Monthly Weekly
Mortgage  $    860.14  $    215.04
Car Payment  $    538.30  $    134.58
AT&T  $      85.00  $      21.25
Progress Energy  $    125.00  $      31.25
CFPUA  $    180.00  $      45.00
Groceries  $    640.00  $    160.00
Brigades  $    240.00  $      60.00
Dinner  $    100.00  $      25.00
Jimmy’s Money  $    100.00  $      25.00
Cat & Dog Food  $    120.00  $      30.00
Gas  $    140.00  $      35.00
Planet Fitness  $      19.99  $        5.00
Hulu.com  $        7.99  $        2.00
Oster  $      57.97  $      14.49 One more Draft for Feb 2014 – Then Done
Music & Arts  $      33.80  $        8.45
State Farm  $    148.68  $      37.17
Banfield  $      24.95  $        6.24
Tate & Kirlin  $        5.00  $        1.25
 $ 3,357.51  $    856.71
Difference:  $  (185.00)  $    (63.58)
OT Hrs Needed to Break Even          (7.83)          (2.69)

In order for us to break even every month one or both of us is going to have to bust out some major overtime…I know that once the final Oster (hubby’s grooming tools paid on a 6-Month payment plan) payment is made then we’ll be better off.  What’s worrying me more than anything right now is that with everything surrounding the wreck & buying our new car has hindered our ability to make the final payment on our trial plan – here’s how it all breaks down:

Rental Car #1 = $98.83

Rental Car #2 = $675.52

Deductible/Repairs = $390.00

Down Payment on New Van = $500.00

Sum total paid out in the last month for vehicle stuff: $1,661.35 – OUCH

I have right now $860.14 due to CitiMortgage on Tuesday 01/27 and IF we want to, oh I don’t know, EAT this week and feed our furbabies + put gas in the van I can set aside all of $250.00 on this week’s paychecks…ugh…

I went to balance the checkbook this morning and discovered we were hit with overdraft fees because of piss poor financial planning on our part and hoping the rental #2 wouldn’t draft until today (it drafted on Wed) therefore causing my payment to Brigades ($40.00), the DMV ($10.00) for Jimmy’s new ID + the down payment on the van ($500.00) to cash out and overdraft our account to the tune of $105.00 (3 Fees @ $35.00/ea).  I’m not sure how I am going to pay this payment to Citi + everything else I have to pay out on next week’s paycheck – BUT OH wait Citi wants their payment on Tuesday the 27th and I am coming up $610.14 SHORT.

I can’t even schedule the payment to be delayed until the 30th (Friday) because Citi wants to ensure their funds are drafted & applied before the end of the month…so I can’t even put it on next week’s pay (Pay Date: 01.30.15) – so we’re basically SCREWED! Anyone want to generate a miracle here????

I QUIT!!!!  

Just to remind everyone – we were going through with our what? 4th Attempt at a Mortgage Re-modification, you can read about it in these posts:

Checking In…Where Are We…And Some Random Thoughts…
Thoughts on the Modification…
Well Here We Go Again…Into the Grinder of a Modification

So we got the letter from Citi yesterday and under the FHA Home Affordable possible (yes you read that right, possible) modification we have to first pay three (3) payments of $860.14/month with the first payment due 11/1 – YES in just two (2) weeks they want us to come up with $861.00! Um WHAT?!?!? I have other bills – including, oh I don’t know, EATING, due before that time…no I am not mis-prioritizing things, instead I have already scheduled our monthly car insurance, $81.72/mos drafting 10/24 first and then maybe, just maybe I could give up some funds toward this mortgage payment, BUT BUT wait for it – UTILITIES are due! Oh yeah those pesky monthly payments, right now we owe

Progress Energy (Electricity) $250.00

CFPUA (Water, Trash, & Sewer) $182.00

AT&T (Phone & Internet) $125.00

Grand Total Due: $557.00

Then you know the weekly expenses

Groceries – $200.00 x 2 = $400.00

Gas – $40.00 x 2 = $80.00

Cat & Dog Food – $40.00 x 2 = $80.00

Jimmy’s Money – $20.00 x 2 = $40.00

Friday Pizza Night (the cost of which is equal to groceries) $25.00 x 2 = $50.00

Brigades – $60.00 x 2 = $120.00

Mid-Atlantic Finance (Bessie’s Payment) – $75.00 x 2 = $150.00

Grand Total: $920.00

Between the Two: $1,477.00

Over the course of the next two weeks we’re estimating an income of roughly $1,630.48

That leaves what? $153.48

So where exactly can we afford $861.00??? Someone please tell me?!?!?!?

So here’s how this is playing out – today my Hubby is going to call Citi and see if in fact they need that initial $861.00 on 11/1 as the letter indicated, and if so then we have to figure out what our options are,

Option 1 hubby suggested taking out a small loan to cover the mortgage deficit over the next three months, so roughly $2,500.00 and that would only be done if the cost of the payments was reasonable – note this is NOT something I am on board with.

Option 2 would be the allow the foreclosure process to begin and pray we don’t get kicked out of our home for an extended period of time, allowing us to save money and rebuild our credit while remaining in our home.

Option 3 would be to walk away, find a cheap (ish) apartment here in town (so we could continue our current jobs) and move – this would mean a change in schools for the kids, which I don’t like but if push came to shove that’s where we’d go.

Option 4 would be file for Bankruptcy, he’s thinking Ch. 11 so that everything is put on hold for 5 or so years, but someone told me this morning that Chapter 11 is mostly for businesses…so not sure how this would play out.

Option 5 would be to bail on everything and head back to MD where we have family that can help us…

I don’t really believe we’re here…we try and we try to keep our head afloat, previously rent always took priority in our lives, but then again we’ve never been in a situation where we didn’t get paid time off and a stagnant salary…so now that’s changed some and I am hopeful that now we can work with the change in my income situation and prevent the losses of income.

On that note we did decide last night that we’re going to do what we can to bring in some overtime – for me I’ll log in an hour or two here and there on my rest and yoga nights and some on the weekends and he’s going to see about overtime in the salon at work just so we can bring in more income.

Thoughts?

UPDATE:

Spoke with my Hubby after he talked with Citi and as they’ve explained if, Yes the payments are due on the 15th of the Month like any normal payment plan for a mortgage, so that gives us 4-Weeks aka 4-Paychecks to come up with the $861.00 due or $215.25/week for this month and each subsequent month during the trial period.

At the end of the trial period HUD will step in an pony up our back-due amount, roughly $10K less the 3-Payments we’ve made and the monies currently sitting in our un-applied funds account.  IF we can make these three payments then and only then will the underwriters move forward with a HUD Home Affordable Modification with our final monthly payments yet TBD.

I’ve done out the budget for the first payment and I am not sure still about paying the utilities…but we’ll figure it out…

So where are with with the modification…as of right now STUCK…what I mean is simple, Citi sent us a letter stating they can’t approve us for a general modification due to our financial documents we’d never be able to re-pay the arrears, which are in the 5-Figures right now…yes we’re that far behind guys…and that we can be approved/set-up for a FHA Making Home Affordable something or other, but we’re waiting for a letter to arrive for that – when my hubby called last week or the week before about it our “counselor” told us that the letter hadn’t even been sent – there was a deadline date of 10-09-14 on the original letter…so where does that leave us? Currently in limbo.  I’ve been looking at rentals in our area, but there’s nothing we can reasonably afford that’ll accept our animals – and um yeah Giving them up is JUST NOT an Option! We’re not that kind of family…we’ll keep looking until we find somewhere where we can take them all (all SIX of them!) – the only remotely decent thing I’ve found is a 4-Bedroom house out in  town called Delco, which is about 30-Mins West of where we are currently located and about 45-Mins from where I work…while not ideal, if push came to shove that would be an option…then again I am willing to bet it’s been rented by now – so we keep our eyes out and see what life brings our way…

So what else?

Well a thought occurred to me over the weekend, and why I didn’t think of this sooner I’ll never know – but there’s all this news of pushing the minimum wage rate to $15.00/hour – which to me seems a bit extreme, but whatever – it finally dawned on me that $15.00/hour is MY SALARY! So if this minimum wage thing passes I’ll basically be making Minimum Wage…uh Hells NO! Ugh seriously need to fix this…YES I’ve been looking for work…NO I haven’t had a single interview…NO I have zero clue why…I am curious though as to what in the world we’re being set-up for.  My hubby just started working as a groomer (he’s still in his 8-Week 100-Dog Training Period) and will be making more money, but why in the world is it that I am “stuck” – I have a few ideas lined up in my head, it’s just a matter of making them become reality…so with that I am going to add in the below.

Now for anyone who has stuck around my blogs for any length of time will know that I am a TOTAL sucker for all things Nickelback – and when I heard they were releasing a new album, well you know I have been all over that…however, as per usual Chad’s got a message to share be it Political (as is evidenced in the 1st single off the album, Edge of a Revolution) or motivational, as is the case with the below, ‘What are You Waiting for?’ I hear this and think to myself that it’s time to move forward and time to get my arse moving!

So then this all begs the question of Where in the World did things go askew for me??? My financial life has been a royal friggin roller coaster since I moved out of my parents house back in the summer of 2000…what is it that I am missing? I have a wonderful husband whom I adore, two beautiful children and yet we continue to struggle – when are we going to get our release? When are we going to finally be in a settled situation?  Ugh frustration is running rampant here, can’t you tell?

So here I thought for sure that with the Mortgage Modification underway I’d only have that to worry about…see these two posts:

Well Here We Go Again…Into the Grinder of a Modification

and

Thoughts on the Modification…

I thought for sure that the Gods and Goddesses wouldn’t dump any more on my platter…but oh no, No No Nope No No Nope…we now have this to add to it, so here’s what happened on Tuesday morning on my way to work after I dropped my daughter off of work I got this bright red light on my dashboard telling me “Engine Coolant HOT” um Oh My Friggin GOD are you kidding me?!?!?! So I proceed onto work as per usual, however the road I am on is full of traffic, so I turn off to take an alternate route only to have the van decide not to run correctly, like I couldn’t accelerate properly.  So I turn off, make a U-Turn and head back to my house.  I open my engine hood and pull open the coolant area and BAM a chocolate colored goo spouts out and gets everywhere…ugh…ugh…ugh…it’s in my coolant area, in the transmission area, and just all over.  So I clean it up as much as I can, and call my mechanic.  He comes over and it’s the Radiator/Water Pump = $380.00 with labor…ugh…so I have to put it on the back burner until Friday when we get paid…send text to my boss telling her I am having car problems and I wouldn’t be in for the rest of the week.

The bright side here is two sided:

1. One of my amazing co-workers was willing to bring me my computer while she was out on a company-related errand!

2.  My hubby was home from Grooming school for two of the three days I was working at home, so I was able to spend the time with him.

I’ve lost more hours of pay, but tried to make them up as the week went, though I was only able to make-up some 3.0 hrs. of the 7.0 hrs. I missed on Tuesday…ugh…

So now the mechanic took the van on Friday morning, got the parts necessary, flushed the tranny fluid and replaced the parts needing replacing and brought it back to me.  So I took it and did our normal Friday evening stuff, the engine temp. stayed normal, then as we were heading back home from our Pizza place she started this shake-shake-shake thing shifting to 1st gear…ugh…ugh…ugh.  So he called me to check on the additional money he needed for the transmission fluid, $30.00, and asked how she did,  told him what happened and he said he’d get with me this morning, Saturday, and we’d figure it out.  Had to drain my Merrill Savings account to pay this to him…and keep funds in the account for my Hubby to use for groceries for the week.  I only budgeted the $380.00 he initially quoted me.  So then this morning, it was another $22.00 gone he used it to put this transmission stop-leak thing in the fluid and it should work.  Well it did for the errands I had to run:

1.  Pick-up a Trumpet Rental for my Son, $74.00 ($14.00 more than budgeted)

2.  Costco for some groceries, $25.00

3.  Wal-Mart for Groceries, $101.00

When we got back our neighborhood BAM she started the shake-shake-shake thing coming off the many stop-signs I have to go through…ugh…ugh…ugh…

I seriously wish I knew what the heck was going on and why now that my hubby is out of town this is suddenly happening…ugh!

I am out of money

I am out of time

I am out of energy to handle this right now

I am DONE!

Someone answer me this?

Why do mortgage companies feign to want to help you, then when you say “Ok yeah you can try to help me” do they then turn around and make the processes so complex and complicated that you just want to throw your hands up and say “You know what? Never you mind, we’ll just walk away!” Ugh, we’ve started for what now the fourth time the process of a modification on our loan, at present we’re something like 7-Months behind on the mortgage, owing somewhere in the neighborhood of $7,400.00 to the mortgage company.  Yeah they called last night and were like “Your balance tonight is $7,450.00, what can you do to bring this balance current?” Seriously? I just laughed at the guy and hung up the phone…I mean if I am THAT far behind what in the WORLD makes you think I have the funds to bring that current?  IF I had that money I wouldn’t behind…I mean seriously?!?!?

This, my friends is a case of the right hand (collections) NOT talking to the left hand (homeowner support services)…I literally had JUST talked to our “Counselor” hours prior (literally something like 3 hours before) and did the phone interview for a modification giving her all the reasons why we’re behind (which will be listed below), our financial picture (again will be listed below), and discussing the options.

Ugh…so this nice woman sends me the email with the required paperwork to be collected and documents from them I need to fill-out, sign and send back – man alive what lawyer writes this shit? I mean c’mon, why in the world does the wording have to be so daggon complex??  It literally reads in such a way that anyone with less than a college education wouldn’t be able to begin to understand it, I think they do this so you won’t file for a modification…ugh.

Ok so our reasons for being behind:

1. My salary has stayed stagnate.  That lovely email I sent to our HR team did NOTHING, I seriously haven’t heard anything back from them, nor do I expect to at this point.  Boss lady told me that the HR Manager for the area is working diligently to get me and the other woman in my position hired on full-time staff, I don’t believe her AT ALL!

2.  The cost of living has gone UP! My grocery budget once upon a time was $115.00/week – went up to $125.00/week – $130.00/week and so on up until now we’re at $200.00/week averaging $195.00/week.  Seriously the cost of a gallon of milk @ WAL-MART, WAL-MART PEOPLE is $4.59/gallon! That’s more than a gallon of gas.

3.  With having to buy Bessie (our Chevy Venture) our loan payments may have gone down by $36.00/month to $300.00/month BUT our gas cost has risen from $35.00/week for the Focus’ 13-Gallon tank to $60.00/week for Bessie’s 26-gallon tank – which she burns through every week just doing our usual back & forth to camp-work-camp-home-gym-home!

4. I STILL don’t get paid days off/time off, and my kids have had more than their normal number of doctor’s appointments this summer, so I’ve missed more hours of work each week this summer than last summer…which equals NO PAY! There’s not enough work for me to get my 40.0 hours/week, never mind overtime!

5.  See #1  – due to that situation I’ve no desire to burn myself out on overtime hours to try and keep ahead of the 8-ball so to speak in terms of my weekly work, so I’ve not gotten the usual 8-10 hours/week of overtime I’d have gotten in the past…oh well.

6.  With my traffic ticket I now have a $318.00 defensive driving class I have to take in order to avoid the hike in my insurance – lovely right? ($263.00 of this is COURT COSTS ALONE!)

7.  With my hubby getting into grooming school, I now have to purchase his toolkit, which means a $100.00 deposit and roughly $54.00/month for awhile until it’s paid off.  YES he’s going to see an uptick in his pay, BUT I won’t see the full value of this until sometime in 2015.

So with everything that’s been happening in terms of the finances and this re-mod.  I’ve been tracking our spending, so here’s the breakdown for July 2014 as I haven’t set-up the spreadsheet for August yet:

Budget Spent – W/E 07/06/14 Spent – W/E 07/13/14 Spent – W/E 07/20/14 Spent – W/E 07/27/14
Mortgage + Utilities
CitiMortgage  $    900.16  $                   225.00  $                           –    $                           –    $                           –  
Progress Energy  $    123.00  $                           –    $                           –    $                           –    $                   123.00
CFPUA  $    329.00  $                           –    $                   150.00  $                           –    $                           –  
AT&T  $    123.00  $                   123.00  $                           –    $                           –    $                           –  
State Farm  $      83.71  $                           –    $                     83.71  $                           –    $                           –  
Tate & Kirlin  $        5.00  $                       5.00  $                           –    $                           –    $                           –  
Banfield  $      24.95  $                           –    $                           –    $                           –    $                     24.95
Planet Fitness  $      19.99  $                     19.99  $                           –    $                           –    $                           –  
Brigades Boys & Girls Club  $    400.00  $                     80.00  $                     80.00  $                     80.00  $                     80.00
Groceries  $ 1,000.00  $                   194.36  $                   146.66  $                   223.75  $                   194.72
Gas  $    300.00  $                     59.15  $                     70.00  $                     50.25  $                     60.00
Pizza Night  $    125.00  $                     28.85  $                     24.07  $                     23.33  $                     23.35
Jimmy’s Money  $    100.00  $                     20.00  $                     20.00  $                     20.00  $                     20.00
Cat & Dog Food  $    200.00  $                     29.62  $                     17.99  $                     31.44  $                       5.98
LAS Financial  $    375.00  $                           –    $                     75.00  $                     75.00  $                     75.00
Great Lakes 1  $            –    $                           –    $                           –    $                           –    $                           –  
Great Lakes 1  $            –    $                           –    $                           –    $                           –    $                           –  
Hulu.com  $        7.99  $                           –    $                           –    $                       7.99  $                           –  
Merrill Transfers  $      25.80  $                       2.46  $                       3.30  $                       7.77  $                       4.17
Misc. Spending  $      80.00  $                     31.76  $                     17.95  $                     43.75  $                     23.21

We’ve been right @ our weekly cash withdrawal all month, and therefore not depositing as much into the savings box…

So you can see we need this re-mod, I’d love it if they’d extend the term of the loan to a 40-year and tack on what we owe to the end of the loan – if this doesn’t work our next option is Chapter 13…wish us luck ya’ll!