Saturday, June 21, 2008

More House Shopping

After a couple of months off from house shopping, we are back at it this morning. I was able to get us pre-approved for a new mortgage, possibly two, this week. The best one may be through Jules Stewart at iFreedom Direct, but it also looks like our local State Bank of Cross Plains may have a good one too.

The problem is there are not many homes we like for sale in Cross Plains right now, and we are limiting our search to the village, or at least the township, so that the kids will not have to change schools. Did I mention that we love Cross Plains? :) There is one home that seems nice and we are going to look at it this morning. It is on Thinnes Street, just a couple of blocks from my ex-wife (our only nearby babysitter), which of course means my daughters.

We are looking at homes considerably less expensive than before, about $50-60k less in fact. I am hoping that the lower priced homes will have an easier time appraising, and if not, that the owners, who are typically older, may be able to make up any shortcomings in a low appraisal. The home this morning is on the market for $234,500, and has been on the market a little over a month.

There are 3 other possibilities as well, but this home is our favorite so we are going to look at it first. Our lease has expired, but the landlords are allowing us to stay here month-to-month. But that is only until the end of August, so we either have to buy a home by then, or sign a new lease that will take us into at least spring of 2009, something we are trying hard to avoid.

Wednesday, June 18, 2008

Officially Addicted

I was warned, by my aerobatic flight instructor Mike Love, that once I started learning aerobatics I would be addicted. I am. I had my third aerobatic lesson today, and added the barrel roll to my fledgling aerobatic arsenal of aileron rolls and loops. I pretty much have aileron rolls down to a science, and they are the most fun for me to perform. I still get a bit sick each time I go out for a lesson, but it is getting less and less each time.

The last two lessons I took Dramamine, which may have helped just a little bit. But from my SCUBA diving experience I know that TripTone works well for me, as I also get sea sick quite easily. I could not find it locally, but Walgreens ordered me two boxes today, so I will have them for my lesson next week.

Nobody in my family wants to know when I am flying aerobatics, so I tell them after I am done. I am looking forward to being able to practice solo in the near future, but will have to purchase my own parachute. Legally, a parachute is not required when doing aerobatics solo, but I sure like the peace of mind it provides, even if a somewhat false sense of security. The rental units are "seat" type parachutes, which means there is about 2" of padding on your butt. This is just enough that my long legs cannot comfortably fit under the instrument panel, making the use of the brakes on the ground quite difficult. Mike handles this for my comfort, but I am looking for a used emergency parachute that is of the backpack variety, without the part that goes under your butt. Mike won't be there to handle the brakes for me when I am solo!

I am also discovering a newly re-found love of the Cessna 152. It is small and uncomfortable for someone my size (6'5"), but it sure is fun! I usually fly 172's, which are fun and easy, but the 152 is a wonderful little airplane. Especially the Aerobat, pictured above. It has minimal instruments and no gyro's, very different from the planes I normally fly, which are decked out for full IFR flight. Getting in and out of the 152 is a challenge, especially with the parachute, but it sure is a blast to fly. I had almost forgotten how great these little airplanes are!

So when I win that lottery, I will of course still purchase a twin-engine Beech Baron, but I will also pick up a Cessna 152 Aerobat. These ugly old birds just put a smile on your face so fast I just won't be able to resist having one in my hanger.

Monday, June 16, 2008

The Price of Oil and Grain

So today the price of crude oil is about $140 per barrel. I got an email from my dad that seems to make sense. OPEC sells oil for $140 per barrel to the U.S. OPEC nations buy U.S. grain for $7.00 per bushel. Solution, sell them our grain for $140 per bushel. Just make grain and other items we export to them the same price as oil, problem solved :)