Pre-approved for mortgage, but....

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djrez4
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Postby djrez4 » Thu May 22, 2014 9:20 am

MemberSince99 wrote:People in Wisconsin have to have insurance too, but that doesn't mean all of them carry it. With them though you can go after them. With illegals, what can you do? Even the cops say they are essentially untouchable and they can't do anything to them.


As someone who has been in an accident with an illegal immigrant in LA....

You carry insurance for UM/UIM. They get arrested (and deported). Especially if the accident starts with them rear-ending a fire fighter with his wife and 18-month-old baby in the car.

If by go after, you mean sue, good luck. If a driver is not carrying insurance, they probably don't have much to collect against. You don't have to be an illegal immigrant to be judgment-proof.
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Obi-dan
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Postby Obi-dan » Thu May 22, 2014 4:46 pm

Jumping back to the relocation question. If you are really considering a transformation of that level I would say hold off on the house until that question has been settled.

The good news is that since you are in a job you can tale some time to really consider your options. You can take a good look at the entirety of the United States and even abroad. I don't know if you have family or not, that will always factor in a decision.

But,as I said, with you currently working, you can make work decisions from a position of strength and not rush into anything and really take the time to analyze what is important to you in terms of quality of life and work from there in finding a job that would allow you access to that environment.

In addition to all the techie places already listed Austin has a big tech sector and always ranks high in the quality of living index.

Just my two cents. At the end of the day, it's your life and only you can make decisions of this import. Best of luck if you do decide to reinvent or transplant yourself.
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Postby MemberSince99 » Thu May 22, 2014 4:58 pm

Thanks Obi-dan. I actually did relocate to Austin from this area (WI) back in 2000. It was a different world then - they flew you down, put you up in a hotel for the interview, and paid your relocation costs and put you up in a place until you could get your own. Now you're on your own completely, the only "help" I'd expect is a swift kick in the ass on my way in the door at work.


Anyway that did not work out so well. As you may remember the economy completely went to hell there in late 2000/2001, and I was laid off with 900 others in my company on the same day in November 2001. Since I'd been looking for another job for a year without success, that was when I knew I'd have to return to WI for a job.
So when it booms there, it booms but when it busts, it stinks. Not sure I'd go back for seconds. That was what started my credit destruction - I lost my job, and my apartment which then sued me, and I was in a lot of debt, so it was just a recipe for disaster. I am wiser now, but still leery of that. It would bring back some not so fond memories.

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Postby Obi-dan » Thu May 22, 2014 10:34 pm

That's a lot to go through Member. But you should be proud of how well you have recovered (I'm sure you are, you don't really need me to tell you that). I work for a nonprofit and I teach personal finance and do some credit repair work. A setback like that can often derail people for decades if not the rest of their life. Wherever you end up, I hope you find the right fit.
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Postby RewardHop » Fri May 23, 2014 2:25 am

MemberSince99 wrote:Thanks Obi-dan. I actually did relocate to Austin from this area (WI) back in 2000. It was a different world then - they flew you down, put you up in a hotel for the interview, and paid your relocation costs and put you up in a place until you could get your own. Now you're on your own completely, the only "help" I'd expect is a swift kick in the ass on my way in the door at work.


I work in tech in the SF Bay Area and I can tell you companies still do fly you out and put you up in a hotel room for on-site interviews if you are out of town.
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MemberSince99
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Postby MemberSince99 » Fri May 23, 2014 5:35 am

Thanks guys. It's good to know that's still done in some places. After the holiday weekend is when I kick the search off full blast. If I'm going to move, I have to know soon.


It's all confusing I took 3 hard pulls (just like Cap One) for mortgage pre-approval. I guess if that circles the drain it's worth it if I move to a better area. I just have to give it all a really hard look and see what happens. No matter what the #1 top thing is I want a better job than I have now. I want to feel invigorated to go in to work and make a difference in the success of the company, not feel like I'm 90 years old when I leave because they suck the life out of you and dread going back there. I want to feel tired in a good way, not like I do now. So that's top priority for me.



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