If no one has ever told you this, it’s true: house hunting sucks. It’s fraught with strange smells, weird sights, and some truly terrifying decisions. Decisions that affect your financial future and these decisions have to be made slowly and wisely.
Let’s start with our favorite house.
Great house, nice location, and we’re in love with it. Then something breaks and there’s water damage – lots of it.
It’s already a short-sale, which is supposed to be a good thing: good for buyers who want to buy a house at a non-inflated, what-crack-were-you-smokin’ price, and good for the sellers too. The problem is?
The banks and the whole convoluted, stupid system that they had a big hand in creating now jacks around both sides and guess what, it doesn’t get the job done. Buyers are getting sick and tired of waiting for the banks to realize that the market has plunged and buyers aren’t as dumb and trusting as they were. Buyers are tired of waiting for their approved offers to go through so they can move in. Buyers and sellers are (again) getting jacked by the banks and so many are walking away – just walking away – that the banks are going to have a much bigger problem on their hands soon with lots of empty houses and a bunch of willing buyers with cash in hand turning to the regular sales because they have a chance that they’ll actually get to move in.
We wanted this house because of this:
But it doesn’t appear that we can have it because the banks won’t budge on their original mistakes and give it to us for a fair price. Buyers have so many tools these days to watch the value of the homes and to decide what’s as close to a ‘real’ value as anything as subjective as a house in a crazy market can be and the best thing about that is this: we don’t have to believe what realtors and the banks tell us the house is worth. We can decide based on something that’s a little more democratic, a little more fair, and if we buy more than we can afford, it’s really our fault – no one to blame but ourselves.
Since the bank won’t budge, were moving on!
To other houses with fresh sad stories where people have simply abandoned their stuff and left.
Wow, what a clean up job … that’s our realtor’s associate (not me).
And that stuff they tell you about pets being abandoned too? There are chickens in that little coop in the corner.
We fed them. They had water. We’d try for this house, but it’s just too far for Mr. Man to drive. Luckily the realtor’s associate is a farm girl and she’s gonna check with the owner about the chickens.
Horrifying the lack of responsibility – in buying homes they can’t afford, in abandoning the creatures they took in – just horrifying. Sad, sick situation.
Now, if the banks would just get their crap together and let the buyers buy the damn houses, things would get at least a little better. Until then, house hunting sucks.