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Loan- You're approved!
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John's been busy and doesn't have the time to answer your post. However, as his financial advisor, Yes, we will loan you $500. Before you sign the promissory note- I'd like to go over the details. This will be a 1st lien against your primary residence- NO not your car- A HOME! Of course, we will require GMAC to subordinate their current 1st mortgage neg am loan in the amount of $1.4MM- on your house that's worth $78,500. That'll put our LTV on the first at 6%. We're comfortable with that, but there is more- and some of it you'll really like- the loan is interest only for the first 30 years- Great right! The interest rate given the TGM association will be 78% per annum- really quite fair considering all the factors. We don't expect you to pay it off early- so there will be a $1000 dollar early payment penalty- if you decide to payoff before the 30 year term is up. In the note, it will say that you are banned from posting ever again on a TGM related site. Now, John thought this was really quite lenient and didn't want to do it but I convinced him that - out of the generosity of our hearts that it would be important to make the effort. He wanted to take the kids as additional collateral until I convinced him that the kids are a liability not an asset- according to GAAP. I'll have the paperwork overnighted - you'll have it in the morning. |
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I bet if we keep up the doofus routine on a PGA Tour Player's forum we could probably get banned from all Tour sanctioned events . . . Oh wait a minute . . . you were banned for trying to sell those oppossum fur thongs to tour wives at the John Deere stop. Sharpen up the crayon and I'll be over to sign the loan papers. I'll just bring the house with me. |
Luck, you say???
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Watching him on the course, it was clear that it was simply the putter holding back a victory, and for the most part, the putter was already 'on' - all around the hole all day and nothing dropped that weekend. From the footage I've seen from last weekend, the putting stroke looked really solid - very stable. No surprise that Gary Player likes to say "listen for the ball to go in, don't look", and that when Payne Stewart won the U.S. Open, his main key for the day was to stay still on his putts. Keep up the great work John! |
So pleased for you John,
one thing that really impressed me was how little time you spend over your putts.GREAT procedure:notworthy Being a Brit I just hope you're NOT playing in the next Ryder Cup! |
The BHAG
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Big Hairy Audacious Goal! And that is where it starts. :cool: |
Well done John. Your swing and course management looked rock solid going down the stetch.
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Congrats John. Look forward to many more to come. BTW, enjoy reading your posts. Giving us a glimpse of tour life. Your videos on Basic & Acquired Motion (including commentary) have help immensely
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thanks lynn for the avatar,looks nice.the trophy that is.
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The floodgates are now open. Let it pour... :salut: |
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