Ready, Set, Let the Games Begin! - Link to new PTR/TR!

[jedijill]

Holy cow! I've never heard of a downpayment that high!

Good luck with whatever happens.

Jill in CO

 

[franandaj]

51% omg that is a sizeable chunk! Good idea to look at other properties as with that kind of deposit any counter offer even if a cent is surely a flat no! I really wish you both the best of luck but this lady is pushing you to your max imao. Risky when it's not a sellers market right? So if it does get accepted great like you say party time but if it doesn't then maybe it was close but no cigar....you have to kiss a lot of frogs to find a prince ( or princess! )

How many hours to go now I wonder? We started we 72 so we must be down 48 now maybe 24 to go? Plus you have the D23 Expo to look forward to and you getting those amazing Sorcerers passes! What a result! Showing that fate is on your side so which ever way this swings it will be for the right reason.

Paula xx

Yeah, sizable house, sizable deposit. The lady had to cancel the appointment for the offer yesterday as her DIL went into labor and had a baby girl. They are planning to get together today and present the offer.

I'm looking forward to D23, but I'm so busy I don't have time to get excited about it!

 

[franandaj]

They've been doing that here too.

Its crazy. Especially that so many are trying to get out with their money!

Hope it comes through.

But that is a huge downpayment!

On the good news side our mortgage payment will be substantially lower than we expected!

 

[franandaj]

That's a stressful down payment for sure. Hope you get some news quickly so you can proceed either way. I'm sorry, I know you really liked that house.

Hopefully they are meeting in just a few minutes. WeWe'll probably face the same thing with any house. We're not looking for a standard two bedroom two bath house.

 

[franandaj]

Wow, that's a huge down payment! I hope you hear something soon.

I'm hoping in the next couple hours now.

That is a major down payment.How can they even ask for that much.

They're the lender. They are loaning us the money. Evidently they don't trust us with more than that. Evidently though our interest rate will be better at this amount.

 

[franandaj]

Holy cow! I've never heard of a downpayment that high!

Good luck with whatever happens.

Jill in CO

We had to seriously think about it. Redo all our spreadsheets, and vow to eat out of the feeezer mostly for the next year!

 

[dgbg100106]

I'm hoping in the next couple hours now.

They're the lender. They are loaning us the money. Evidently they don't trust us with more than that. Evidently though our interest rate will be better at this amount.

Oh ok... there is no way we could do something like that. 51% :O

 

[Leshaface]

Holy cow 51%?! That's insane! Do you know abouts when tomorrow you're going to be finding out?

 

[franandaj]

Oh ok... there is no way we could do something like that. 51% :O

Well last year two of her father's inveetments sold. Rather than reinvest them, we took the money and just paid the taxes. Thats how we could afford to build a second story at her father's old house. We wanted to keep 1/2 to 1/3 of this, but they wantedmore for the down payment.

Holy cow 51%?! That's insane! Do you know abouts when tomorrow you're going to be finding out?

I hope to hear very soon now today.

 

[jedijill]

Fingers crossed!

Jill in CO

 

[lisaviolet]

On the good news side our mortgage payment will be substantially lower than we expected!

I have no clue why I'm laughing. But I am.

I just LOVED this line! It's cute and happy.

Ignore me - I have no clue what I'm talking about right now. Crazy head.

Can't wait to hear. I'm going away for an extended weekend tomorrow, no technology when I'm away, so they need to answer!!!!!!!!!!!!!!!!!!!!!!!!!!

Yes, I just made YOUR house all about ME.

And that 51% is the fuzzy end of the lollipop! (My apologies to Mother Country Paula if I totally failed on it. I'm trying be a good Canadian! )

 

[franandaj]

Fingers crossed!

Jill in CO

Thanks!

I have no clue why I'm laughing. But I am.

I just LOVED this line! It's cute and happy.

Ignore me - I have no clue what I'm talking about right now. Crazy head.

Can't wait to hear. I'm going away for an extended weekend tomorrow, no technology when I'm away, so they need to answer!!!!!!!!!!!!!!!!!!!!!!!!!!

Yes, I just made YOUR house all about ME.

And that 51% is the fuzzy end of the lollipop! (My apologies to Mother Country Paula if I totally failed on it. I'm trying be a good Canadian! )

Well it just turned after 5PM and still no word back.

I think they have until 7PMish tomorrow night to let us know, so we will see.

 

[rentayenta]

Thanks!

Well it just turned after 5PM and still no word back.

I think they have until 7PMish tomorrow night to let us know, so we will see.

I'm nervous for you!

 

[lisaviolet]

Thanks!



Well it just turned after 5PM and still no word back.

I think they have until 7PMish tomorrow night to let us know, so we will see.

Still checking.

Good thoughts sent. The best house for you will come to you.

 

[ACDSNY]

Thanks!



Well it just turned after 5PM and still no word back.

I think they have until 7PMish tomorrow night to let us know, so we will see.

OK, the news on the HUGE deposit and still no word is not what I was hoping to see tonight.

Sorry you're having such difficulties.

 

[Paula Sedley-Burke]

Lol re use of fuzzy end of the lollipop that had me in stitches! ( laughing a lot )

Actually not sure what your interest rates are for mortgages over there but the more cash you do put into the house the better it is financially in the long term I agree. When you perform that scary calculation of how much you actually pay back over the agreed term it's scarier than a scary thing thats scary for a living...

Dig deep now....Vegas baby later lol.

My sister and BIL did this and had some difficult few years but now they have fully paid their mortgage enabling them to pay their DS's uni fees, enjoy a nice cruise or two and generally be smug to the rest of us lol.

Good luck!

 

[Luvchefmic]

Alison if nothing else your attitude is beautiful lemons into lemonade re- 51 % down = less mortgage payment When I first saw the % they wanted I thought that too still sending best to you both

 

[lisaviolet]

Still checking before I take off.

I love that I wake up thinking about your house.

I can just see me this weekend, sans tech, shaking like a drug addict to touch a computer or a phone.

Here's to some news soon!

 

[franandaj]

I'm nervous for you!

I thought I was the only one.

Still checking.

Good thoughts sent. The best house for you will come to you.

The plot has thickened.

OK, the news on the HUGE deposit and still no word is not what I was hoping to see tonight.

Sorry you're having such difficulties.

No news, yet and it gets worse.

Lol re use of fuzzy end of the lollipop that had me in stitches! ( laughing a lot )

Actually not sure what your interest rates are for mortgages over there but the more cash you do put into the house the better it is financially in the long term I agree. When you perform that scary calculation of how much you actually pay back over the agreed term it's scarier than a scary thing thats scary for a living...

Dig deep now....Vegas baby later lol.

My sister and BIL did this and had some difficult few years but now they have fully paid their mortgage enabling them to pay their DS's uni fees, enjoy a nice cruise or two and generally be smug to the rest of us lol.

Good luck!

Honestly, I don't even know what our interest rates are!

Alison if nothing else your attitude is beautiful lemons into lemonade re- 51 % down = less mortgage payment When I first saw the % they wanted I thought that too still sending best to you both

If you can't think positively about things, you might as well crawl in a hole and die!

Still checking before I take off.

I love that I wake up thinking about your house.

I can just see me this weekend, sans tech, shaking like a drug addict to touch a computer or a phone.

Here's to some news soon!

You're too cute, you will have to wait until you get back.

You see, evidently they were willing to give us more money, the loan guy was just trying to keep our interest rates down. That's why they were asking for so much up front. I had sent the realtor an email saying that we would have to walk away if they countered with more money. He went back to the loan guy and said, "Can they get more money?"

The loan guy said, "sure, the interest rate, just won't be as good."

Well why didn't they give us that option before?

Well now there is another offer!!!! We have now taken the more money at the higher interest rate to up our offer on the place, and they are presenting both offers this afternoon. I think I might start a whole new thread on this buying a house thing so as not to continue to hijack my PTR!!!!!!!

 

[Luvchefmic]

Yes start a new thread...just for the house you see I only have 2 of your threads I'm reading ( this & the D23 upcoming) and you can get around the Dis connection by calling it " Road to the perfect DisMeet" as this will be THE place to meet when all is said and done

Hell even I who HATE to fly will get on the longest flight in my life to get to CA for the housewarming