It’s been sitting in my bedroom for ten months waiting to be installed.
Only had to go to the hardware store for extra parts once.
It’s been sitting in my bedroom for ten months waiting to be installed.
Only had to go to the hardware store for extra parts once.
Are…are you me?
I installed my new kitchen sink a couple weeks ago that had been sitting in the box in my kitchen for a month. I didn’t post pics because I butchered the countertop cutout, but it works for now. The dishwasher is still uninstalled though, because I have been procrastinating running the electrical line to the new breaker.
And here I am. 40k in the bank. Good credit. No debt. No kids. No child support. No bankrupcies. In a city where I’m looking at a house thats 155k. And being told I’m not good enough to buy this house. Even though the monthly payment would be $200 less than my current rent.
So now the goal posts keep moving. I’m 42. Still no house. So I literally play animal crossing simply because it’s a game of paying off a loan to own a house. That’s as close as I get.
Why would you not be good enough? This doesn’t make sense. Unless you mean not qualified, sort of? Because you’ll want to put $30k+ (20%) into the down payment, maybe?
My first job makes $12/hr, and my second job makes $13.60/hr.
They aren’t counting my second job because I’ve worked it 17 months, and they require it to be 24 months.
Thenthey tell me that they need 75% debt ratio as a down payment. Meaning if a house were 100k, and I make $0, then I’d need 75k down payment. But since they’re only counting my first job, that’s only 20k.
So on a 100k house, I’d need 55k down payment. Since 75k minus my 20k salary is now 55k. Not only do I not have 55k, but also the houses I want are in the 130-160k range.
But nooooope.
What kind of work do you do? You can easily beat that at like… Aldi. Or with a CPR, non-medical baby/elder sitting. Costco. Waiting tables. Bar back. Typing.
Alright, I misunderstood “I’m not good enough”. I’m not familiar with whatever loan standard you’re taking about, as it’s different here. Not like it’s a good system here anyway, still predatory as hell.
Leave yourself a healthy stash of money. 3-6 months of loan cost plus, I don’t know, 5-10% of your down payment? Houses bring all kinds of new expenses. Some emergencies, some priorities, some luxuries you’ll want. We’re in different markets but it took at least 3 years to feel comfortable in my home financially.