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Buying a House

My daughter has given up looking for now and signed a lease to rent a house for a year. After the last house she put an offer on said they wouldn't take offers with FHA loans for at least a few months if the house wasn't sold by then, she decided to wait. It's a seller's market here anyway, and the houses are way over priced...$200,000+ for less than 900 sqft in a rural area.
 

PTree15

Beach bum
Location
Connecticut
My daughter has given up looking for now and signed a lease to rent a house for a year. After the last house she put an offer on said they wouldn't take offers with FHA loans for at least a few months if the house wasn't sold by then, she decided to wait. It's a seller's market here anyway, and the houses are way over priced...$200,000+ for less than 900 sqft in a rural area.
I'm sorry your daughter couldn't find anything affordable. That's a tough market for sure. $200K is pretty pricey for such a small amount of space. :(
 

Tom

Addicted Poster
Location
Upstate New York
^^^ Congratulations, @SuicideBlonde !!!

@KLS52 , that house does look nice, but what struck me was how big it seemed to be. Maybe your daughter wants something smaller. I was looking for about 4 years before I bought mine, and I wouldn't have been able to get it if it hadn't gone back on the market because the previous prospective buyer's mortgage negotiation had fallen through.

I've been in my place for 30 years, so I'm kinda glad I was picky.
 

silva

Addicted Poster
Location
Ohio, U.S.A
I would simply get a very basic pair! I wish I could remember where I say a really good recommendation for just that- a good bare bones washer and dryer that was very affordable!
 

Chryssie

Internet Junkie
Location
Central Florida
I have a Roper washer which is an inexpensive brand. It is several years old now and seems to be holding up well. Our dryer is a Maytag which we got used several years ago, probably 10, and I don't know how old it is. The belt for the drum we have replaced twice and the latch on the door fell off but that was an easy fix. I even changed the electric cord on it to fit the apartment's outlet. I think Maytag appliances last a good long time!
 

silva

Addicted Poster
Location
Ohio, U.S.A
I have a Roper washer which is an inexpensive brand. It is several years old now and seems to be holding up well. Our dryer is a Maytag which we got used several years ago, probably 10, and I don't know how old it is. The belt for the drum we have replaced twice and the latch on the door fell off but that was an easy fix. I even changed the electric cord on it to fit the apartment's outlet. I think Maytag appliances last a good long time!
Roper! :jump: You win! That's exactly the ones they recommended as best overall value, with fewest repairs. It was a home improvement site.
 

raggle

Deity
Location
UK
We're looking into the part rent part buy scheme in order to get on the property ladder. At least then you don't need such a ridiculous deposit.

Sucks to be living in the most expensive, unaffordable part of the UK!

But this is where we've grown up, our jobs are & we don't want to move away at the moment.
 

PTree15

Beach bum
Location
Connecticut
We're looking into the part rent part buy scheme in order to get on the property ladder. At least then you don't need such a ridiculous deposit.

Sucks to be living in the most expensive, unaffordable part of the UK!

But this is where we've grown up, our jobs are & we don't want to move away at the moment.
Best of luck with the hunt, raggle, and keep us posted. :)
 

Andy_T

Addicted Poster
Forum Moderator
So ... we just bought a house :)

My wife and I decided to start looking for a house of our own in Hannover, where we live now, instead of continuing to live in our nice rented apartment a few weeks ago, but last Friday we saw one that is really nice, in a good location, that is also offered at a really good price, so we decided it was too good an offer to pass up.

So we called our bank to check for a financing where we pay about the same amount we now pay as rent, and today signed the contract :)
 

Val

Extraterrestrial
So ... we just bought a house :)

My wife and I decided to start looking for a house of our own in Hannover, where we live now, instead of continuing to live in our nice rented apartment a few weeks ago, but last Friday we saw one that is really nice, in a good location, that is also offered at a really good price, so we decided it was too good an offer to pass up.

So we called our bank to check for a financing where we pay about the same amount we now pay as rent, and today signed the contract :)
This is awesome!:up: Congratulations!:flower:
 

Andy_T

Addicted Poster
Forum Moderator
Yeah, my wife and I are pretty happy we could get the finance confirmation quickly enough through the agent who had helped us refinance our other house (that we rent out as we had to move for job reasons) last year, as there were quite a few other interested people.

We attended an open house 2 weeks ago where about 40 interested parties showed up to have a 15-minute group tour through a beautiful, but also rather old (1930's) and incredibly expensive house. Any attractive house we went to the agents said they had so many interested people they can't offer individual sightings. We think we were lucky as the one we bought today had rather crappy pictures in the online listing, before we had seen it in reality, it certainly had not looked very appealing to us. Luckily we saw it 3 days after the advert had been put up.

And as it is from 1998, there should be no big risks of looming required renovations, and size and price were more sensible....
 
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