Home Addition & Safe Teenage Hang-Out
| Listing Information | |||
|---|---|---|---|
| Amount: | $9,600.00 | Status: | Expired |
| Grade: | E | DTI: | 23% |
| Lender Rate: | 23% | Borrower: | zo1957 |
| Finished | State: | GA | |
| Funded: | 3% | Group: | GROUP CLOSED |
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Purpose of loan: We would like to finish our basement in order to provide a safe, supervised place for my teenage daughter and her friends to come to rather than having them riding the roads or looking for something to do. Besides the increase in equity that this additional 1,600 sq. ft. of living space will provide, we have recently experienced a high number of teenage traffic accidents and alcohol related incidents in our area including the death of a friend of my daughter's who she went to school with and we would like to try to do something to get more kids to stay in a safer environment to watch movies, play games, listen to music, etc. but have some adult supervision. We know we cannot keep all of the automobile accidents or alcohol related incidents from occurring but we want the kids to come to our house in the evenings or after football games in the fall, rather than looking for places to go or things to do. The increase in value to our home will be an added benefit as we can conservatively estimate that this amount of finished, heated living space will add $ 25,000 - $ 30,000 to the home value. Ideally, we would have preferred to have finished saving to complete the basement without borrowing and have saved $ 5,400.00 of the approx $ 15,000.00 that it is going to cost to complete the basement but we now feel like this is something that we need to go ahead and do. My financial situation: We are a middle-class, conservative family who believe in paying our debts and have never defaulted on any loan or credit that we have had. Our credit was dingged a few years ago due to an extended illness but we are back on track now and my wife has gone back to work. I have been employed by the same company for the past 28+ years and will celebrate my 29 year service anniversary at the end of May. Monthly net income: $ I currently make $ 110,000.00 per year and can provide W2's substantiating that amount for the past 3 years. Monthly expenses: $ Housing: $ 2,840.00 Insurance: $ 400.00 Car expenses: $ 425.00 Utilities: $ 300.00 Phone, cable, internet: $ 160.00 Food, entertainment: $ 350.00 Clothing, household expenses $ 200.00 Credit cards and other loans: $ 800.00 Other expenses: $ 300.00 Total: 5775.00 |
| Borrower's Other Listings | |||||
|---|---|---|---|---|---|
| 134563 | Want To Provide Safe, Supervised Place For Teenage Daughter | E | $9,600 @ 18% | May 08, 2007 | Withdrawn |
| 147812 | Home Improvement & Safe Teenage Hang-Out | E | $9,600 @ 28% | Jun 06, 2007 | Withdrawn |
| 151977 | Consolidate High Interest Credit | E | $7,600 @ 28% | Jun 14, 2007 | Withdrawn |
| 153290 | Consolidate High Interest Credit | E | $6,200 @ 28% | Jun 16, 2007 | Withdrawn |
| 153384 | Consolidate High Interest Credit - Low DTI | E | $5,300 @ 27% | Jun 17, 2007 | Loan created |
| 264433 | Consolidate High Interest Credit - Low DTI | E | $9,700 @ 29% | Jan 14, 2008 | Withdrawn |
| 266901 | Second Prosper Loan - Paying Medical Expenses | E | $5,000 @ 29% | Jan 17, 2008 | Expired |
| 270122 | Second Prosper Loan - Low DTI | E | $4,500 @ 29% | Jan 23, 2008 | Expired |
| 272200 | Second Prosper Loan - Low DTI | E | $4,500 @ 35% | Jan 28, 2008 | Expired |
| 297707 | Second Prosper Loan - Low DTI | D | $5,900 @ 28% | Jul 21, 2008 | Expired |
| 374548 | Second Prosper Loan - Low DTI | D | $5,900 @ 32% | Jul 29, 2008 | Expired |
| 378487 | Second Prosper Loan - Low DTI | D | $4,900 @ 35% | Aug 06, 2008 | Expired |
| 384027 | Second Prosper Loan - Low DTI | D | $3,900 @ 35% | Aug 18, 2008 | Expired |
| 392900 | Second Prosper Loan - Low DTI | D | $4,500 @ 35% | Sep 08, 2008 | Expired |
| 399162 | Second Prosper Loan - Low DTI | D | $4,500 @ 35% | Sep 16, 2008 | Expired |
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