May
17
The OnGoinG Process!
Filed Under Daily
Last week, I signed a pre-contract to buy a new studio, 131 000 Euros + 3741 Euros in Fees: 134 741 Euros in total.
My personal scheme to pay this loan is as followed:
Personal Saving: 26 741
State Loan (0% interest): 43 230
Company Loan (2.25% interest): 15 000 (Maybe 20000)
Banking Loan (2.96% interest rate): 49768
The main idea is to get rid of the Banking Loan in 7 years combined with the Company loan in 12 years. The State Loan is differed during 7 years and will take the relay after the end of the Banking Loan.
Scheme:
0-7 years: Banking Loan + Company Loan= 670+122= 792 Euros / month
7-12 years: Company Loan + State Loan: 122 +461 = 583 Euros / month
12-15 years: State Loan: 461 Euros / month
I have applied to the Company Loan and if all is well, I might get a bit more than the minimum allowed. It can only help reduce the total cost and the duration. Indeed, as soon as the Banking Loan is over, I can pay the other 2 loans whenever at no extra cost. It took me few days to optimize this scheme and to explain to some banks. Most of them do not propose these schemes because they are a bit more complex and they do not want to reduce your cost. Anyways, 4 banks have already agreed.
I have sent my application to get the Company Loan, my company has agreed. Everything should be fixed in a week or two.
The total cost should not exceed 8000-9000 Euros. It is not too bad for a loan that will span over 15 years! In fact it will be much shorter but it might be in my interest to keep the State Loan since it only has the insurance cost.
TADA!
May
10
It is not good to be next to me now. I am like a volcano ready to explode.
My mom called… usually it is not a good sign:
1. So my offer to make free expensive glasses for my brother is misunderstood. My mom thinks it will be too long for my brother to get a RDV with the doctor so … they went to make my glasses.
The point: I do not need new glasses and all I wanted is to waste 375 euros … for nothing! IF I ever needed new glasses… I would just go and do it myself because it is FREE for me anywhere!
My little cousin from Belgium called to ask me about my address so that she can send me the invitation to my other cousin’s wedding. I really appreciate the gesture.
May
4
tHe Simple wOrDs!
Filed Under Daily
I am in one of these phases as usual and, of course, I am looking for a en empty place where I am feeling good. In these moments, I do not want to have contact with people. I like being ALONE. So I have an opportunity to buy a studio and I will probably sign the contract. I will make it as short as possible, probably 5 years at worst 7 years.
May
2
So Good to be Back!
Filed Under Daily
I’ve downloaded about 30 Gb of all movies I’ve missed and I have watched only one: Jack Reacher. It was entertaining! I am full time back to MiRC. There are not many things out there at the moment. I am going to check the location of a new studio I might want to buy today: Right location and right price for me. Something small to invest in without much risk and save some money quickly.
Apr
27
InTernet at Last!
Filed Under Daily
It took exactly 4 months to get through this horrible nightmare. I finally have unlimited and fast internet with a regular provider. All problems came from the company that built this new building and the process to activate a new connection to a building. I had to call and to insist heavily to get hooked up. Of course, I am the first resident who got through.
My irritated left eye was fixed by the doctor. As usual, the change of the season in Summer creates some allergies and I am more sensitive to them as I get older. He told me that the eye probably suffered something in the past that made it more sensitive to external events than the right eye. the antibiotics already helped.
I am downloading lots of movies since yesterday at an awesome speed. I am only 200 m away from the main connecting central in town.
Apr
6
And the light ….?
Filed Under Daily
A note from the person responsible for the building saying that we are finally connected (physically) was received last Thursday. Happy, I went to the main provider, Orange, and asked to be connected to internet thinking it would be done quickly. In fact, they only open the commercial service in 10 days meaning people use the line. Anyways, I subscribe to the contract and they should come on Monday the 15th of April. I miss fast unlimited fast internet. I learned to live on a 13 gb per month but this is really too little for me.
Hopefully everything will be fine a week from now.
Mar
20
HuM… ExCepTionaLly TouChiNg!
Filed Under Daily
Ordinary people like me and you doing exceptional things, it might be old to you but who knows:
1. Father who took images of his son, 21, every day since he was born.
I wonder why I cannot do such simple things?
Feb
26
PrOject: Buying My StuDio!
Filed Under Daily
So here is the brackets after talking to the bank.
15 years:
price of the studio: 124 K
cost of the deal: 37.7 K
payment: 815 Euros/month
20 years:
price of the studio: 142 K
cost of the deal: 65.5 K
payment: 815 Euros/month
Feb
14
Euh … A sIgn FroM GoD?
Filed Under Daily
I called yesterday the 3rd internet company to inquire about the progress of my internet activation (Bouygues). Nobody could find my online application. I will just use the 3G+ until I leave. I really did not think that a brand new studio would be so complicated.
Conclusion: look for a better place to buy and move on quickly!
Feb
10
UnExpected!
Filed Under Daily
So I turned my warnings into actions:
1. I stopped paying the rent + the charges all together.
2. I sent the letter with all the problems to the agency and demanded the full listing of real charges.
There have been heated exchanges between me and the owner of the studio (I threw him out of his studio). So I found myself in a complicated triangle situation that might turn out to be good. Indeed, to force me to pay the rent, the collective of owners will have to explain why they are suing the agency. It seems indeed that many owners are unhappy with the construction of their place.
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