so far today I’ve…
- Read the 2 documents from my lawyer, and OK’d the trust deed.
- Filled out the extra small mortgage application for the bank
- Found someone to clean my apartment when I leave (as I want to rent it after it’s in the trust)
- Contacted the property manager about signing up.
- Made a small (late) addition to my property split agreement and that’s back with the lawyers for alteration – should be complete by COB today I hope.
All of those things need to be done before I can complete this goal (well, apart from the cleaner and property manager I guess).
May 02, 2006, 05:29PM PDT | 2 cheers | 3 comments
I’ve been to the bank, and they were (in principal) happy with me assuming my entire mortgage, and transferring the property into a trust.
My lawyer should be delivering me a property settlement agreement today which I need to check, and then the mortgage will be all mine (hang on, that’s not a good thing!).
I should also be getting a copy of the trust deed today, which I need to read and accept, and then the trust gets set up.
It’s all on.
May 01, 2006, 06:49PM PDT | 0 comments
...my lawyer last week about this. He got back to me today, and the wheels are in motion.
I need to go to the bank tomorrow to talk to them about it all. I’d quite like to be able to keep the mortgage personally because I’ve got a good fixed interest rate, but I doubt the bank will go for it – especially given after I sell the house to the trust I’ll have virtually nothing to my name.
Apr 10, 2006, 01:25AM PDT | 1 cheer | 0 comments