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Old 10-13-2011, 05:44 PM
 
Location: The Triad (NC)
28,497 posts, read 62,167,040 times
Reputation: 32182

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Quote:
Originally Posted by SelflessGene View Post
My approach to these kind of problems is usually along more actionable lines...
This explains much

Good luck in reaching your goals.
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Old 10-13-2011, 06:29 PM
 
Location: Arizona
419 posts, read 658,005 times
Reputation: 862
Quote:
Originally Posted by SelflessGene View Post
Well, guess what, I'm making it happen. I asked myself where are the management companies going to be desperate enough to waive the credit check as evidience of moral rectitude and simply use it to answer the relevant questions like have you ever skipped out on a lease. Well, let's start with Detroit. I find a great web site designed to repopulate Michigan that allows you to search on criteria like "city", "senior", "income-based" and so on and come up with dozens of listings. I want to go as urban as possible so I select this great-looking 20-story high-rise in the Detroit city center area. I call the management office and find out that, if accepted, I could move in immediately and they won't charge rent until my second social security payment comes in. After that I pay 30% of my income for rent. They cover all utilities accept electricity and internet access. As far as the credit check, they're only interested in real estate-related items. They're sending me the application forms today and hopefully within a month or two I'll be loading up a U-Haul truck and waving goodbye to Dumb****istan. Sure, Detroit's the most dangerous city in the country but here in Dixie the cops are as dangerous as any gangbanger so what's the difference?

So, it seems that anything is possible once you start thinking outside the "MrRational" box. (I'll humbly eat my digital words if this doesn't work.)

Srew the "big hitters". (That I won't take back.)

Thanks for the links.
I hope this housing is in the downtown area of Detroit. Lot's of great things going on in downtown for the past several years. Young people who are interested in working tirelessly to rebuild the city are moving into condo's & high rises. In fact, there is a shortage of rental units for these young people. It will take the young people to rebuild what was once a great city. Stay away from housing on the outskirts of the City.

I think Detroit is a wonderful choice for you. A wonderful walkable city with so much potential. In fact, retail shopping such as grocery stores are slowly returning. Go for it! I don't think you will be sorry.

No way is this meant to be a negative racial comment. But, if you are white, be prepared to be a minority in this housing. White people of retirement age fled the city years ago and have no intention of returning. While they may have fond memories of days of old, they are quite bitter about the decline of the city over the past several decades. With the help of the young people, those attitudes may change in the not too distant future.
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Old 10-13-2011, 09:34 PM
 
Location: Los Angeles area
14,018 posts, read 17,737,509 times
Reputation: 32304
Quote:
Originally Posted by SelflessGene View Post
Srew the "big hitters".
You lost me there. Who, or what, are the "big hitters"?
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Old 10-14-2011, 09:11 AM
 
Location: The Triad (NC)
28,497 posts, read 62,167,040 times
Reputation: 32182
Quote:
Originally Posted by Escort Rider View Post
You lost me there. Who, or what, are the "big hitters"?
Gene was referring to my comment about credit scores:
Credit score is not about the income level of a person, it's about the level of responsibility that person applied to what income they had. The big hitters are paying what debts you incur and not taking on debt that could not be repaid.

Gene is hoping that this sort of pattern (apparently a shortcoming of his) won't be weighted too heavily against him as he applies for a subsidized rental unit. I wish him well.
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Old 10-14-2011, 10:05 AM
 
Location: Paradise Lost
291 posts, read 409,821 times
Reputation: 207
Default Encouraging Words

Quote:
Originally Posted by SCBaker View Post
I hope this housing is in the downtown area of Detroit.
Yeah, it's right on State Street. I was looking at satellite photos and was really impressed with the beautiful old buildings, the parks, the avenues. Reminds me of NYC before the advent of the glass boxes. I could really get into a retro state of mind.

As far as race: I lived for a few years in Haiti, somtimes in places where a white person was about as common as a unicorn. I'm not concerned about black seniors in the building of course but I'm not so stupid to think that the streets won't be a different matter.

Thank you very much for the encouraging words. I think most folks would just dismiss Detroit out of hand.
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Old 10-14-2011, 10:23 AM
 
Location: Paradise Lost
291 posts, read 409,821 times
Reputation: 207
Default Nothing Is As Simple As You Think

Quote:
Originally Posted by MrRational View Post
Gene is hoping that this sort of pattern (apparently a shortcoming of his) won't be weighted too heavily against him as he applies for a subsidized rental unit. I wish him well.
Thank you for the gentlemanly tone of your comments. I would just like to add, though, that assuming a bad credit history can only come about through personal "shortcomings" perhaps belies a certain lack of imagination about or appreciation of the complexity of the real world.
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Old 10-14-2011, 10:55 AM
 
Location: Paradise Lost
291 posts, read 409,821 times
Reputation: 207
Default Hats Off To You - Really

Quote:
Originally Posted by livecontent View Post
... Now, you are telling me that I will get preferential consideration when I need subsidized housing. That never occurred to me, as I have not rented in over 30 years. Unfortunately, I have been considering moving to subsidized senior housing because of further health problems and the efforts to maintain a house. That is why I have been exploring that option. So, credit scores do matter.
"Preferential consideration"? I should think they'd send a limo to your door. I'm still researching this but I'm getting the impression that in the case of a disability HUD Section 202 is more appropriate than Section 8. The number and degree of variation in the programs is mind-boggling once they work their way down from the federal to the state and county level. If I find out more on this I'll let you know.

822? I didn't know they went that high. (Or maybe I'm mixing it up with the SAT's.)
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Old 10-14-2011, 10:58 AM
 
Location: Arizona
419 posts, read 658,005 times
Reputation: 862
Quote:
Originally Posted by SelflessGene View Post
Yeah, it's right on State Street. I was looking at satellite photos and was really impressed with the beautiful old buildings, the parks, the avenues. Reminds me of NYC before the advent of the glass boxes. I could really get into a retro state of mind.

As far as race: I lived for a few years in Haiti, somtimes in places where a white person was about as common as a unicorn. I'm not concerned about black seniors in the building of course but I'm not so stupid to think that the streets won't be a different matter.

Thank you very much for the encouraging words. I think most folks would just dismiss Detroit out of hand.
I worked in a bldg. at State & Griswold in the early 60's. I just wish I would have paid more attention to my surroundings while everything was still intact. Much has been lost but some of those magnificant old buildings have been restored. Campus Martias & the Riverfront are nearby. So much history to be enjoyed. People from all over the world visit Detroit to view & photograph the City. Yeah, many like to photograph the ruins, but there are many others who appreciate and photograph what is left.

Most of Detroit is decayed and crime ridden, but the downtown area & streets are quite safe. Of course, you have to use common sense when strolling around. I wouldn't venture out too much at night unless you are heading to a specific night spot and then head straight home. The streets are quite deserted through the week. On the weekends the streets are very busy with people attending sporting & cultural events.

While I do not live in Detroit, I consistently follow the news & progress going on within the City. I would love to see my hometown restored to it's former glory.
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Old 10-14-2011, 11:14 AM
 
5,090 posts, read 13,548,911 times
Reputation: 6928
Quote:
Originally Posted by SelflessGene View Post
"Preferential consideration"? I should think they'd send a limo to your door. I'm still researching this but I'm getting the impression that in the case of a disability HUD Section 202 is more appropriate than Section 8. The number and degree of variation in the programs is mind-boggling once they work their way down from the federal to the state and county level. If I find out more on this I'll let you know.

822? I didn't know they went that high. (Or maybe I'm mixing it up with the SAT's.)
Thanks for the information. I will check out Section 202 which actually is for elderly housing. Section 811 is for disability housing. I never paid much attention to these sections as they are really addressing monies given to agencies to support thesee programs but perhaps I need to look further. I have learned that sometimes there are little known rules that can be to my advantage.

The highest FICO score is 850, so with mine at 822, I have a way to go. Keep in mind that there are different scores from the different three credit bureaus. However, I suspect they are close. Mine is the one my credit union is reporting to me and it current as of last month, from whatever bureau they use.

It does not mean, I am a better person. There are many good people who have bad scores for bad situation that were beyond their control. It just means I am somewhat conservative and careful in finances. It is just what it is, and some entities make assumptions on those scores. I am sure there are many big corporate crooks on Wall Street and have good credit scores, because they know how to manipulate the greedy capitalistic system.

I have been to Detroit, many years ago before the bigger current problems of that city--and it was bad enough. I grew up near Buffalo--similar in decay but just a smaller city. I would never, ever, go back. Denver is a much nicer city. I wish you luck.

Livecontent
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Old 10-14-2011, 11:20 AM
 
Location: SW MO
23,605 posts, read 31,487,261 times
Reputation: 29071
Quote:
Originally Posted by SelflessGene View Post
Thank you for the gentlemanly tone of your comments. I would just like to add, though, that assuming a bad credit history can only come about through personal "shortcomings" perhaps belies a certain lack of imagination about or appreciation of the complexity of the real world.
Low scores can decidedly be the result of life happening to you when you've made other plans. But the reality is, it can also be the end result of bad or inadequate planning in the first place.

The "real" world can be unfortunately most unforgiving.
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