Agreed on a price on Friday. Didn't get the sellers to move on the price as much as we would have liked but at the end of the day this is the house we want.
However, we don't think the appraisal will match the sales price, which will put the sellers in a position where they will need to make a decision.
Anyone have experience with this?Posted from wireless.rivals.com
Posted on 3/28 9:44 AM | IP: Logged
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Homercles:
You point out that you're going to do something stupid. And not just garden-variety stupid, but stupid on legal, financial and potentially emotional levels. Potentially explosively epic stupid. So a group of concerned individuals that you turned to in the first place point out the many flaws in your grand design, and now they're the assholes?
Hmmm. I guess I'm now having trouble wrapping my brain around how you do anything but thank us for trying to save you from a potentially explosively epic stupid situation. It may all work out, but if it doesn't, this will be 100 times worse than marriage #1.
For my part, despite the fact that I've taken the obligatory digs at you, I honestly think you're taking a completely unnecessary risk, and I just want you to have good advice. And if she is really the one, she'll be fine with you buying the house solo and adding her after you're hitched. But maybe the drama is what it's all about in the first place?
78Corvette:
You remind me of my 6 year-old...
When he's mad at his friends or doesn't get his way, he replies with "You're not my friend any more."
Why would you hang out at a place where you don't like 95% of the people? It either means you have no other options, or you really are the pathetic attention whore you seem to be in your RCab-style posts.
You got good advice yesterday, in the true OTF style. It's not this board's fault that you were an idiot when contriving this potential nightmarish scenario.
For the record, I'm not chewing my nails knowing where I fit on your personal "cool list." Never has it felt so good to be average.This post was edited on 3/29 3:33 PM by Mystery Donor
Posted on 3/29 3:30 PM | IP: Logged
1) You do not have a job in the area you are going to buy the house.
2) The only reason you received approval for a mortgage is because you were hooked up by a friend's dad.
3) I am assuming other banks turned you down because you don't have a job in the area and/or you can't afford the place on your current salary.
4) You offered to buy a house for more than it looks to appraise.
5) You are buying a house as joint tenants in the entirety with someone with which you have no legal relationship.
6) You are not currently engaged.
Are there any other facts I am missing?
C-$'s reply:
1. Correct, but that will be changing within the month. My GF, who is also on the loan, does work in the area.
2. FALSE.
3. I could have received a loan on my salary alone. Her name on the house was my decision.
4. We'll see. It's not uncommon for that to happen. I've talked to many people who have come across the same situation. Hence my earlier post today.
5. Correct.
6. Correct.
WTF is your point???
toastedbread's response:
Why do you want her name on the house if you don't have to?
Mr Charlie's reply:
Why buy $100 of flowers? Why wear a Michigan shirt...
you can go on for ever .. wondering why...
toastedbread again:
Well prostituion exists in many forms...
but I can kind of understand the flowers or wearing a t-shirt... the house seems excessive.This post was edited on 3/29 3:31 PM by Mystery Donor
Posted on 3/29 3:28 PM | IP: Logged
Posted on 3/29 2:28 PM | IP: Logged
They're really gonna finance you without a J-O-B?
Posted on 3/28 6:59 PM | IP: Logged
It would be nice to repost it in about six months when chit hits the fan...
Posted on 3/28 3:38 PM | IP: Logged
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Posted on 3/28 4:00 PM | IP: Logged
Nothing will bring you closer together than a six figure purchase both of your are tied to. You'll bond over it. After all, women respect guys who give them everything they want.
I've seen it in the movies 100's of times.
Posted on 3/28 2:35 PM | IP: Logged
at the end of the day, would you trust any of the trolls on this board to handle your finances? I bet most on here (no, not everyone) don't even have $100k in their retirement account and live in a house they bought over 2 years ago that is now worth less.
I don't know what's funnier -- you asking for housing financial advice from the OTF, or the actual advice you're getting.
Posted on 3/28 2:34 PM | IP: Logged
you've only known for slightly more than a year. That's not a good move in any reality ...
Posted on 3/28 4:43 PM | IP: Logged
but it's his life -- if he's comfortable enough to f it up again, let him.
Posted on 3/28 4:46 PM | IP: Logged
This is an entertainment media and each person is like a different show.
so, C-$, is a poorly written and predictable romantic comedy mixed with Jersey Shore... some people want him to succeed and live happily ever after. Others want to watch the impending train wreck and laugh..
It's all in fun... This post was edited on 3/28 10:08 PM by Mr Charlie
Posted on 3/28 10:02 PM | IP: Logged
We sold and are renting now. We are about to buy again at reduced prices.
Posted on 3/28 4:09 PM | IP: Logged
I'm no financial wizard, but I know a bad idea when I see one.
Posted on 3/28 4:06 PM | IP: Logged
nt
Posted on 3/28 2:48 PM | IP: Logged
of course I'm only 26 *snicker*
Not all who wander are lost
Posted on 3/28 2:36 PM | IP: Logged
the bank won't give you the money (unless you're putting down a lot of money). I doubt the bank will want to start underwater.
This will give you some leverage. The sellers will have to come down in price, demand another appraisal, or walk away.This post was edited on 3/28 1:00 PM by cmbdds
Posted on 3/28 12:56 PM | IP: Logged
You guys all choke on cock. I wasn't looking for a God damn page full of relationship advice... I've learned enough over the years.
BTW both of our names are going on the house. That's the way I wanted it.
Posted from wireless.rivals.com
Posted on 3/28 1:19 PM | IP: Logged
I guess you doing something moronic isn't really ironic.
It's predictable....
Posted on 3/28 3:05 PM | IP: Logged
nt
Link: TRAIN!!
Posted on 3/28 2:01 PM | IP: Logged
You wouldn't (and maybe shouldn't) listen to that anyway. Those of us who have bought a home or two or three wouldn't touch this kind of deal with a ten-foot pole. That's all we're saying.
Posted on 3/28 1:39 PM | IP: Logged
"I've learned enough over the years" LMAO!
Posted on 3/28 1:34 PM | IP: Logged
nt
Posted on 3/28 1:21 PM | IP: Logged
Things go well, we will periodically be treated to his "taste it" posts about how much better his life is than all of ours.
Things go south, he makes posts about how much more his life sucks than anyone else's.
Only a true attention whore sets themselves up for such win-wins.
Posted on 3/28 2:01 PM | IP: Logged
if so it's happened....
A wise man realizes he knows nothing, a fool "has learned enough" ....
On the other side of the coin his Girlfriend is on a message board and her internet friends are saying stuff like "where did you find such a sucker?"...
Posted on 3/28 1:40 PM | IP: Logged
regret it later.
Wait, oh yeah he does.
I guess he's just a slow learner, trying to divide this house up is going to make his divorce look like a cake walk.
Posted on 3/28 1:54 PM | IP: Logged
It's serious.
Posted on 3/28 2:25 PM | IP: Logged
If it had been more...we would have known about it.
Posted on 3/28 2:48 PM | IP: Logged
like a pitcher getting pulled.
Posted on 3/28 2:54 PM | IP: Logged
.
Posted on 3/28 1:15 PM | IP: Logged
You're just jealous he's got a new squeeze in his life.
Posted on 3/28 2:23 PM | IP: Logged
ny
Posted on 3/28 12:35 PM | IP: Logged
And not just posting this so that we'll be impressed with how great your life is right now. Please, money, tell me you're smarter than that...
Posted on 3/28 12:32 PM | IP: Logged
Poor C-$...he's probably chitting a brick right now. Though usually he enjoys that.
Posted on 3/28 1:01 PM | IP: Logged
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Posted on 3/28 12:39 PM | IP: Logged
and the sellers took it b/c we were the first offer they had had in 5 months on the market and they had to get into a bigger house. We got the house for 20k under market value, plan on never leaving so that also played into the situation.
Posted on 3/28 12:19 PM | IP: Logged
Rule #1. Dont buy a house with your GF. This will only lead to problems down the road.
Rule #2. Never fall in love with the house. I know that sounds hard but do not get attached to the house or let your woman get attached. This will lead to you over paying for the house. I have seen it way to many times and I have almost fallen victim myself.
Rule #3. Never pay more than the appraised value. I hope you have some language in the contract that lets you out of the deal if it under apprasies or does not pass inspection. We tried to but 3 house 2 under appraised one had some issues with the inspection. We back out of all 3 houses. After we figured out they didnt appraise we figured the house was over priced for the market and not worth purchasing.
Rule #4. DONT BUY A HOUSE WITH YOUR GF
Posted on 3/28 12:07 PM | IP: Logged
My buddy built a house with his then girlfriend, only had his name on it, got engaged, lost his job, engagement was called off, moved into house alone, got a new job and new girlfriend, he was laid off new job, new gf moved in to help with payments, fell way behind on the mortgage, house forclosed on, credit wrecked.
Good luck.
Posted from wireless.rivals.com
Posted on 3/28 11:15 AM | IP: Logged
n,
Posted on 3/28 10:58 AM | IP: Logged
it depends on what he/realtor thinks the home will be worth in a few years...not right now.
Posted on 3/28 11:19 AM | IP: Logged
over the next few years is like when you are 70 years old trying to predict if a fart will be gas or liquid. Do you take the chance and let it go or do you head for the toilet.
Posted on 3/28 12:14 PM | IP: Logged
do you know this from experience?
Posted on 3/28 1:42 PM | IP: Logged
GIS for "Hot Horny College Chicks"....
Posted on 3/28 11:15 AM | IP: Logged
Is it just me, or does that look like C floor?
This post was edited on 3/28 11:43 AM by Rakkasan29
Posted on 3/28 11:36 AM | IP: Logged
That's HOT!!! Get any of it on video?
Posted on 3/28 11:53 AM | IP: Logged
haven't since I was about 24 though...
Posted on 3/28 12:12 PM | IP: Logged
at a hostel there was a couple in our dorm that would go at it every night right across from my bed. They didn't even try to hide it.
Covers off and the girl on top riding the guy. She was pretty hot too. When we arrived and checked in, we opened the door to our dorm and he was sitting in the middle of the room on a chair while she gave him a BJ. It didn't faze her at all.
This post was edited on 3/28 12:03 PM by Zizkov
Posted on 3/28 12:01 PM | IP: Logged
That really is some sexy cum-love!
Posted on 3/28 12:05 PM | IP: Logged
Kind of like C-$ and CF.
Posted on 3/28 12:00 PM | IP: Logged
bang each other in front of hot chicks.
Get with the program, Cap.
Posted on 3/28 11:59 AM | IP: Logged
Yahoo! Sports
