Continued from here…

$300,000. That’s the amount that Alaska Pacific Bank was willing to sign over to us at the drop of a hat. During the AHFC homeowner’s class, we were told a simple formula to guesstimate how high our mortgage could reach and our combined incomes topped it out at only $210,000. You can imagine the shock we had when we realized how wrong we were.

We spent that Friday evening going over the large amounts of practically incomprehensible paperwork. The $300,000 loan would be good at 5.5% interest, only 5% down, and the closing costs would be about $10,000. It would have stretched our finances to the limit, but conceivably, we could have taken that loan out on Monday!

The part that gave me the most pause, though, was the schedule of payments. The magnitude of a 30-year loan doesn’t quite sink in until you see the date of the final payment: April 1st, 2036. 2036! I’m picturing the end of fossil fuels, world-changing contact with extra-terrestrials, or at the very least, flying cars! Are we really ready for such a protracted commitment?

We had plenty of time over the weekend to reevaluate our financial lives. Could we afford a waterfront, sunlit house? Would it be possible to build our own home? Should we even consider pushing our limit, or should we look into something we could pay off in a lot more time?

We also started to talk more seriously with other homeowners, and of course, the suggestions started to come in fast and furious. Spend your limit on waterfront – it’s an investment! Get a place with an apartment so that you can rent it out and let someone else pay most of your mortgage! Spend as little as possible so that you have some remaining cash flow for emergencies!

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So, I checked the stats today on my photoblog site and noticed that I’m right around the same number of visitors as last month. Not bad considering that we’re only 13 days into May. There are a lot of ways that these stats can be interpreted, but I try to focus solely on to the “unique IPs.” Yeah, sure, three of those visitors are definitely just me checking the site from the three computers I use the most, but I’m pretty sure the other 18 are from real people (as opposed to web crawling robots)!

So, yeah. I’m happy. Granted, I could get no additional IPs hits for the rest of the month – in which case I suppose I could conclude that everyone I’m telling this month had already visited it last month (before I had really started advertising.)

Still no orders flooding in, though. Hmmm. Maybe I should check those PayPal links again…!

I put up a new photo today if you’re interested (and yes, this is my way of copping out of writing a real blog entry.) I’ll check the stats again on June 1 and post the results here. After that, I plan to sign my photoblog up with as many blog registries as I can find. Should be interesting to see if that will generate significantly higher numbers.

Almost two years ago, when our families were arriving in Juneau for our marriage, Oksana and I tried very hard to be good hosts. Unfortunately, in planning the wedding, we weren’t able to spare enough time for the task. We were hoping that Alaska would play nice that summer and show our guests what it can be like on a sunny, warm day. That way we could turn them loose and let them make their own fun.

Seeing as we live in Southeast Alaska, though, it was much more likely that it would rain the entire time they were with us. That’s why I was practically ecstatic when the day of their Tracy Arm cruise dawned to clear blue skies – no matter what happened from that point on (including the possibility of a rained-out wedding), they would look back and judge their entire stay on that one, perfect day.

I was hoping for at least one such day during my mom’s visit this last weekend – lucky me; I’m batting 1.000.

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Yesterday I had a bunch of friends over at my place and I was so happy to hear that not a single one of them had watched the series finale of Friends the night before.

Then again, we had come together on a Friday evening to watch Star Trek: Deep Space Nine, so take that for what it’s worth.

My mom is coming to town today and I’m thrilled that she’ll be here though Mother’s Day (‘cause that means there’s a good chance I won’t forget to call her this year!) Oksana and I have spent the whole week in a suitable state of mind. That is to say, we’ve been freaking out.

Oksana, as expected, has that we’ve-got-to-clean-the-house-because-oh-my-God-your-mother-is-going-to-SEE-it mentality. And I, for the most part, agree with her. If my mom and stepfather are going to be spending a few days with us, I want them to be comfortable. And by comfortable, I mean: Not preoccupied with the way we live.

You know what? Thinking back… I do believe this is the very first time my mother has ever come to stay with me since I moved out of the house (for good) ten years ago. Why is it that it can feel so natural for us offspring to return to the nest, and yet at the same time feel strange when the parent role-reverses on us?

I don’t know, but I’m sure glad my mom never stayed with me when I was living in my dorm. Or in the trailer. Man, I really should get serious about buying a nice, respectable house.

I’ll get back to that tomorrow.

Back in 2002 there was a fire that managed to wipe out everything I had in storage. That was a horrible experience that I wouldn’t wish on anyway, but there was a silver lining – the insurance check pulled me all the way out of eight years of accumulated college and credit card debt.

Oksana and I married a few months later, but it took us quite awhile before we got her INS paperwork sorted out. Eventually, she received her temporary green card and (coincidentally on the same day) was offered a decent-paying job. The intervening six months, where I was the only one working, weren’t that bad. I’d trade having a single-income family over a pile of minimum interest payments any day.

Very quickly the benefits of a dual-income, debt-free, children-absent family were realized. Around our first anniversary in August, after Oksana and I had figured out how to manage our money with (seriously) five bank accounts, we sat down to talk about creating a savings goal for the end of the year. $5,000 seemed attainable.

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Podcast: Play in new window | Download (2.3MB)

Mr. Michael Maas has been soapboxin’ lately in his blog about a new site he stumbled across called Songfight! I thought I’d weigh in with my own opinion as an impartial listener.

The Songfight! formula is simple and strangely appealing: Each week the webmasters-that-be post three hypothetical song titles and open the door for anyone to submit a song with the same name. Writers have only a week to write, compose, record, and upload their song before the voting begins. When the deadline passes, the discussion, reviews, and criticisms (constructive and otherwise) begin to gather in the forums. Eventually votes are submitted and tabulated and, by the end of the next week, a winner is declared and is subsequently showered with the eternal love and adoration of the selfless Internet community. Or something like that, anyway.

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