Crunk Times, My friend.....Crunk Times

[Uncle Ruckus 10+ year member]

The idea of buying a house scares the crap out of me.

 

[Uncle Ruckus 10+ year member]

Not because of defaulting on the loan or anything, but I hate going through that nightmare of paperwork.

 

[joetama 5,000+ posts]

It isn't that scary.

 

[dcole18 5,000+ posts]

Will be making an offer on a house on Monday.
Cousin is no longer my mortgage person, but now is my real estate agent...and is a superior negotiator to myself. If he is able to get me in this place in the low 120s, it would be the easiest $3,000 he ever made.

The house can work in one of two ways, if it appraises for 10% of selling price (and it might) then I feel very good about the situation. If it doesn't...I will have to do a 3/1 ARM....which I feel much much less comfortable with after payment 48....But by that time, there is possibility of a promotion opportunity which would essentially give me a 50% pay increase.

On the other hand, during the transition process, I will be without cable, internet, etc. It will ****, but must be done in order to secure my position.

if your buying a house near MTSU im coming to chill with you //content.invisioncic.com/y282845/emoticons/fyi.gif.9f1f679348da7204ce960cfc74bca8e0.gif

 

[Uncle Ruckus 10+ year member]

Yeah, where are you staying Flip. SC isn't too far from TN //content.invisioncic.com/y282845/emoticons/biggrin.gif.d71a5d36fcbab170f2364c9f2e3946cb.gif

 

[dcole18 5,000+ posts]

It is by Cason Lane / Highway 99 if you are familiar with that area. No place in the boro is more than 15 miles from school

then we shall chill //content.invisioncic.com/y282845/emoticons/cool.gif.3bcaf8f141236c00f8044d07150e34f7.gif

edit: and if the house you get has a garage... do you ever build boxes?

 

[Uncle Ruckus 10+ year member]

Kegger at Flip's house when?

 

[Uncle Ruckus 10+ year member]

I've been to like 5 parties out on a lake with no power or water.

 

[dcole18 5,000+ posts]

fwiw...I will be spending the first little bit rehabbing the house. I won't even have the power and water turned on for atleast 2 months.

depending on when you get said house i could be of some assitance //content.invisioncic.com/y282845/emoticons/fyi.gif.9f1f679348da7204ce960cfc74bca8e0.gif

 

[Uncle Ruckus 10+ year member]

Kegger at Flips old house to celebrate him getting a new one?

 

[joetama 5,000+ posts]

Kegger at Flips old house to celebrate him getting a new one?

I'm down...

 

[Uncle Ruckus 10+ year member]

Alright Flip, what day is best for you? This is going down.

 

[dcole18 5,000+ posts]

I plan to get the mortgage Monday/Tueday...making the offer (if there is not a contract on it) within the first week of April.
I expect negotiations to last until mid April.

Closing takes a month or so...so I figure mid-May before anything good.

ehh... it will be longer than that before im up that way //content.invisioncic.com/y282845/emoticons/frown.gif.a3531fa0534503350665a1e957861287.gif

 

[WhoSayWho? 5,000+ posts]

I plan to get the mortgage Monday/Tueday...making the offer (if there is not a contract on it) within the first week of April.
I expect negotiations to last until mid April.

Closing takes a month or so...so I figure mid-May before anything good.

Your negotiations should not last more than a couple of days. Tell your realtor to put in a contingency that the contract is subject to buyer's satisfaction with a home inspection. I always like to to have an out that is within my discretion. You may get resistence (even from your own realtor) but it does not hurt to try to see of they will go for it.

 

[savagebee 10+ year member]

when I was looking @ houses my wife and I did an inspection out as well

saved our ***** on a house which looked like a steal..

too bad the inspector told us the roof was shit and the flooring was rotting from below

if we didnt have the out, we woulda been sxcrewed

I found the flooring problem after we made an offer, but since the offer was in, we had to depend on the inspector to give us the info

thank god