We Looked... but it is not to be just yet.
By dismalgrin
@dismalgrin (2604)
United States
July 29, 2012 1:12pm CST
I have had my eye on a house online. When I first saw it they wanted $70,000 dollars for it and now it's down to #59,900, that really cheap. My boyfriend and I drove by it today. It was really cute, but we can't move just yet. It was just nice to see an affordable house in the area that we would want that is the size we will need. I wish we didn't have to wait, but I know that good things come to those that wait, at least I hope that is the case here. I told my boyfriend that if the price drops anymore I'm going to ask for an inside the house viewing and possibly jump on the deal if it's worth it. As it is, the house payment would be less than my rent bill is and if it drops more in price I could pay the payment and the utilities for less than where I am now. He wants me to wait so it can be 'our' place instead of 'my' place. But, I would let him in on the deal when he is ready... just can't pass up good deals, I don't think.
2 people like this
7 responses
@ravisivan (14079)
• India
29 Jul 12
You are mentioning this in which city? Recently my daughter was searching for houses in Canada -- their cost ranges 3.60 lakh $ to 4.5$ -- more or less what you said -- e bed room, basement, ground and first floor with deck. -- five /8 year old -- Toronto area. I understand in USA it is relatively cheaper and the price you are mentioning is really good. You can pay the amount you are now paying as rent towards loan repayment. I wish you get married and then buy it immediately. good day.,
1 person likes this
@GardenGerty (157675)
• United States
19 Aug 12
My son's fiance was wanting to move to this area, she grew up mostly here and now she has kids that she would like in school here. She is on disability, and was looking at section 8 housing, but really wanted a house. She was able to get a bank owned foreclosure home. It has not really been vacant either. It is three bedrooms, bath and a half and she has gotten a really sweet deal. There are some grants available in certain areas of the US, and she qualifies for one for the down payment. I do not know how things would work in Canada, Detroit or St. Louis, because her grant may be related to us being a rural community. Find a local bank where you want to live and check with it.
@dismalgrin (2604)
• United States
29 Jul 12
I live in St. Louis Missouri. However in the city there are houses as cheap as $3,000 dollars. That is because St. Louis is a really bad city these days. Think all the old stories of Harlem... and times it by 10. Lol. The place I'm looking at is in one of the side counties. And normally houses cost a lot more. My mom bought her condo for $70,000 dollars though (shhhhh she doesn't know that I know! Lol) so cheaper places can be found. I went to "thenest.com" and looked on their real estate section. You type in how many bedrooms and bathrooms you want and how much the most you are willing to pay... then you type in the zip code you are looking for and BAM up pop some houses. I've been keeping an eye on this house for awhile. If it goes down anymore I think I'm going to schedule a walkthrough. If it looks good from that and having my boyfriend and his brother look I might jump on it... we can always put it in his name as well later.
1 person likes this
@ravisivan (14079)
• India
30 Jul 12
thanks for explaining why houses are cheap in your area. I wish you buy your own house and inform mylot members. good day.
1 person likes this
@TeamCholent (2832)
• United States
29 Jul 12
Any specific reason why you can't buy it now and are waiting? One thing that I have noticed when houses are far cheaper than the rest in the area you need to inspect them well as they might need a lot of love and fixing up here and there. No reason for you passing up on a good deal as things like this are time sensitive and would be a shame to lose out on this because of him.
1 person likes this
@Jshean20 (14349)
• Canada
30 Jul 12
A house in my area for the price would be considered extremely cheap, even if it is a "fixer upper". Even if you don't persue this one, it should be assuring to know that they are out there in your area. When it's meant to be it'll happen for you, good luck!
@dismalgrin (2604)
• United States
19 Aug 12
Yes, but the site this house was one got pulled as a link on the site I was visiting. Now I don't remember where to go to find it.
@GardenGerty (157675)
• United States
19 Aug 12
I have responded to a couple of the posts here. One thing they say is do not fall in love with a house, only in like. I owned a house when I married my current husband, due to being widowed. I just had his name put on it. You need a real estate professional to help you. Either through a bank, and get pre qualified for a home loan (rough estimate of what you can afford) or through a real estate salesman. I would be really careful on the latter, check the reputation. My future dil was dealing with someone I kept telling her was not good, and she finally figured it out. This woman wanted her to give up on her dreams (if it was not expensive she did not want to show the house). She finally found someone by reputation and by what she read online on Facebook and he has helped T succeed at buying the house. There are reasons she and my son cannot marry yet. House is rough outside, but the inside is nice and the heat and air units are good quality and new. They will get a second mortgage for some of the outdoor stuff, once they are married. His income will count toward a loan that way. His credit stinks, in part, but not totally due to a bad first marriage and divorce. You have lots of options on the house.
@dismalgrin (2604)
• United States
19 Aug 12
Thanks for the advice. I'm going to focus on getting my credit score higher before I shop for a house. My boyfriend is still taking care of his elderly mother as well. So, we need to wait and watch and make sure that we can afford it.
@LovingMyBabies (85127)
• Valdosta, Georgia
29 Jul 12
We found a house that we were going to buy as well. It was perfect for us. But we didn't have the money yet, we were waiting on my husbands settlement money. Then they recently told us we are not getting as much as we thought so the house we wanted for $33,000 we now cannot afford. =( It was a nice 3 bed, 2 bath with a fireplace and a back deck outside. It was what we wanted SO bad! Plus it was in the mountains which is also what we wanted. Now, well we are heart broken about it because we were so set on being able to finally buy a house! We are going to be stuck renting forever apparently...
I hope you get a house that works perfectly for you and is affordable! =) I am hoping there is some truth to the statement too because we have been so patient with this whole settlement thing. Who knows maybe we will get our miracle and be able to buy a house after all! God works in mysterious ways... =)
@dismalgrin (2604)
• United States
29 Jul 12
Have you ever bought a house before and are either you or your husband a veteran? That is what I'm counting on to buy a house when I do. I'm a veteran and supposedly there are special rates if you are. My cousin did it and he said he didn't have to pay a down payment and it was interest free as well. The only thing is if you sell before it's paid off it costs more or something like that. But, my boyfriend and I don't plan to sell, when we buy it's for until we die because we aren't concerned with flipping a profit or anything. We want a place to settle down in.
@GardenGerty (157675)
• United States
19 Aug 12
LMB, find a local bank, not a big chain like Bank of America or Citibank. Go in and ask to speak with a real estate loan officer. In some parts of the country there are grants for first time buyers or to help in certain areas. My future dil found this out because my son listens to shows on the local radio station and they talked about it. His credit stinks, he is not on the loan. She has good credit and the down payment is covered by a grant.
@LovingMyBabies (85127)
• Valdosta, Georgia
30 Jul 12
@Stowyk~ None of my family would ever do that for us. We don't have anyone to help us like that. =(
@dismalgrin~ No neither of us are veterans. We have never bought a house before. That was supposed to be our first one together. We want a house of our own to settle down in for our kids.
1 person likes this
@dismalgrin (2604)
• United States
29 Jul 12
Houses are overall pretty cheap in this area. Housing crises and all. It's the area that I don't want to lose out on. My boyfriend specifically said he wants his son in this area's school district when he is of high-school age and it's a 3 bedroom with a basement, so I'd have a craft room, he'd have a gaming area and we could expand our family in the future, something we both would like to do within the next 10 years.
@ravisivan (14079)
• India
29 Jul 12
Which area is it? even in detroit houses cost $1.5 lakh+ . what you are telling is cheaper. pl. go ahead.
@mrswhitfield (2044)
• Indonesia
9 Sep 12
Very glad it if we could find a dream house at a price that fit our finances. Sometimes we really have to wait and be patient for something that we all want, but keep in believing that your patience will pay off one day when you've got what you dreamed. I hope you get your dream house at a price that is cheaper than now :)
