Buying a house ****ing sucks.
 

My wife and I are trying to buy a house. We've looked at several. Seven so far to be exact. We have put in offers on five. The last one we offered 5,000 dollars over their asking price. We still don't have a house.

What. The. ****?

This is truly an awful experience. Has anyone else ever had to deal with this kind of nightmare?

Waiting for Bugeater’s expletive filled rant.

Heh, I've always bought houses for 5%-10% less than asking price.

you need to make the other items more attractive, let them pick closing date, etc

We just put our house on the market. Stressful as ****.

Plus trying to buy one at the same ****ing time.

Sellers market regardless of what people say

Tried it. Currently on a lease that ends July 1st. Last house wanted to close June 28th (perfect for us). And no avail. Family selling it was even friends with my wife in high school.

These God damn things sell within 24 hours most of the time.

Ya.. Well tell Bugs about it..

Who says otherwise?

I'm intrigued :hmmm:

I could use a laugh or two right now.

If you don’t mind me asking, where are you located? We moved to KC last year with the intent of renting for two years before buying so we could research school districts and such. I had heard the market had cooled and there was actually surplus locally.

When I bought this house I already had an approval letter for up to X amount from my mortgage lender. I was told that was more appealing to a seller. It makes sense, that way the seller knows for sure that after terms have been agreed upon the house is basically sold.

Lawrence Ks Area

I've also tried the surrounding area small towns like Perry, Eudora, McClouth ect ect.

Every house we offer on has 4-8 other offers coming in as well. Seems like we have to wait in a line just to view one. Several occasions there has been someone looking at a house right before or after we look at it. It's insane.

My realtor said that she has been doing this for 20 years, the worst luck she has had was 0/2 and her client got a house on the 3rd try. We are now 0/5. Probably just going to give up and rent again :(

We have that as well, we are approved up to a certain amount, but we have been trying to keep it under 200k.

Find a better realtor

Don't do it man. Be patient it will happen for you.

Can you go month to month or your lease? I’m sure you’ll pay a premium, but it’s better than locking in for a year when you’re ready to buy now.

this might be the worst situation of them all if you can't afford two houses at once...

Ya, I can. It ups my rent about 100 bux a month. But there is a caveat to that and I've posted about it before.

I absolutely despise my apartment complex. The managment is basically letting it fall apart. The people above us are the most annoying people I've ever had the misfortune to share a wall with. Plus they are unemployed (I believe) and sit around smoking weed and cigarettes all day long making my home smell like shit.

The lady in the office is friends with them too and won't do anything about it. Every time I cut that place a check it takes a few weeks off my life.

Keep looking and keep offering. Never offer more than you will be able to peacefully live with (financially and emotionally) in the long run. Right now, because the stock market is near an all-time high and the economy is doing well, and interest rates are down, it is a seller's market -- at least in areas people are moving to. Be happy you're not looking in Northern California. Up here the house next-door sold for $200K over asking price in CASH bought by some parents for their daughter who was about to be married. Happy Wedding, dear. Yeah, must be nice.
Just be patient and something will stick. Things happen for a reason. I wouldn't buy something that's not perfect because you are afraid of getting boxed out of the frenzy. Work with your agent to develop a strategy to get your offer accepted. Sometimes that can be things other than offering more than asking price. It can include shorter escrow, putting a cap on what contingencies you'll want (like taking some things as-is and needing repair), writing a personal letter to the sellers, putting more money down, etc. What the buyer wants is to get the most money with the least amount of work or trouble, the quickest. Keep that in mind and work with them but don't do anything you won't be happy with in the end.

We did the same last year. It was stressful as hell. We would find a house but wouldn’t make an offer because we didn’t have an offer on ours yet.

We got lucky though. The buyer of our house looked at our house after a month on the market and loved it. It helped that her parents lived two houses away.

We then made an offer on our current house same day. Closed on our old house, walked across the street and closed on our current home. We loaded everything into a Uhaul and several truck beds in one day. Unloaded the next. I don’t want anything to do with doing that again.

I wish the Lake housing market was like the city. No such thing as bidding wars down here. Instead its a multiple headaches to get a deal done like septic tanks, dock electric, water tests, and other bullshit.

Let me ask Bugeater.

Hey bug, what's it like buying a house right now?


JFC god damn mother ****ing bitch ass Realtor with an MBA can go die in a fire.

Oooooookàaaaaaaaay

Well, at least he'll live out his dream of living in Cheyenne.

Look at where you lived....

I offer cash, hard cash and a letter from bank. Able to close as soon as they give me title insurance... I used to buy and rent back while they shopped.

I have never bought a house with a buyers agent or where the ****ing Realtor was telling me to bid above to be considered...Just tells me the listing agent was a dumb ****.

I lived through 2 downturns and somehow survived the 2008 "bubble"

I buy estate houses in great areas with no Realtor whatsoever, just a title company and an atty to review my contract, not the "Realtor's" contract.

Must be the queer eye effect

I heard some local talk/news say it’s a great time for buyers lol

Are you capable of making a post that doesn’t reek of douche?

It’s still a really challenging markers for buyers, especially below $300,000 in most markets around here. Good time to be a move up buyer though. Market softens above $300k in the metro and surrounding areas.

lol

I do think it'll eventually be a better time for buyers, but I don't think building is quite crazy like the levels right before the last market crash.

We have buyers like crazy in 300k to 500k range at the Lake but no inventory.

Yep, I’m one of those buyers. Nothing that I’ve seen that I’m interested at all in right now. That’s a different animal than most places around here though.

That's true. We need new construction bad. "New" homes are 10 years old.

Actually need new lake homes, new condos and off water affordable housing. If you got any of your developers or money guys in Kansas City send them down. Potential is there for a nice pay day if a risk is taken.

Sounds like it's time to watch some YouTube videos on how to build a house

We looked at 90 houses between April and October of last year. Offered on nine of them. All over asking price. Only had two successful ones, one fell through du to inspection. we would catch the day they come on the market and by the time we’d look at them and submit an offer, there were already five to nine offers in the table.

Found our current one the day it came on, and offered about 7k over asking price.

Absolutely horrible experience. I’d literally rather just burn the house down when it comes time to move lol.

Any interest in the Gardner, KS area?

Wife and I wanted to move to Pennsylvania about 10 years ago. We spent an entire 12 months looking at houses. Probably close to the 90 houses you looked at. It was an absolutely miserable time. I did get good at weeding out the bad ones from the listings after a while. Saved us many a trip to a shitty property.

I have no carpenter skills what so ever unfortunately. And I'm a scared pussy when it comes to my money on investments. I always seem go the safe route with CDs and Bonds.

Hell I have none either, but can't say it's not tempting. I'd get into the home reno business if my back wasn't already f'n shot.

Actually the buying process went exponentially better for us than the selling process did. 007 and I are hanging out in the awesome sun room on the deck of our new place as i type this.

https://ap.rdcpix.com/2144012172/13a...0_h770_q80.jpg

We haven't looked in Gardner yet. Gonna try Baldwin next I believe

Ozark season 3

Buy an old missle silo

Now we're on to something!

Lots of space. 2000sf + sf/$ works!!! About $80sf? Is sunroom in 2000sf?

Fugly street view. Does everything look like that? The one across the street looks like my starter, (what others were calling a dump last week.) Anderson real wood windows? Nice. I upgraded the glass packages on the side that the sun bore down on. Great windows!

Kitchen only a mother could love. Big yes! Island? Formica? T+G doors?

Is that a school next door? Me like. Sitting room off Master. Please tell me that's NOT where the kids hang..:hmmm: You're ****ed. Mine was a floor down and the other side of the house. Where you're fireplace is.

I like it for less than/= $200K even if it's Omaha. Lived there in late 70's college... Lot's of room, Kitchen redo cheap (Doors) with island?? Island w/plumbing/ electricity???? Countertops are easy. I like high $$$ Formica vs granite or quartz but that's me. Formica shows sings of wear/ I'm ready for new ones
If SO's a baker an island with stone is a plus, refrigd stone = bonus

Explain the bottom of the door? Is that a step down from the entry into a family room?

https://ap.rdcpix.com/314138684/13ab...0_h770_q80.jpg

Yes, the peak on the front of the house is weird but it was built in the 60s. Kitchen is already under renovation, it was not the selling point of the house by any means. We're empty nesters, no kids here. Step down into family room is from the first step of the stairs.

Its a sellers market, at least here in my area (Topeka). Going through a divorce so we've been selling some properties; had a rental posted for 10 minutes before the first showing. Had a contract within two hours. Actually had to counter lower than the offer as there was zero chance that the house would appraise for offer, otherwise, really, really solid offer. Realtor said it was the first time that she's ever seen a counter that was lower than the offer. (House was built in the 80s; final sales price rivals a new build on a price/sq ft basis.)

Neighbor listed yesterday; I noticed that her house is under contract today.

Damn KS sounds like CA. Crazy.

I get letters every month or so from a prospective buyer (pretty sure it's just the agent) spamming everyone in our complex - 380 units.

Depends on area. Coworker was 0 for 8 on their house offers, then gave 5k over on one Friday that went on the market that day. Had 3 offers, one unseen.

I also think it depends on price point.

Here in the south of KC area, it's not too terrible to buy a house but you need to be pretty flexible on your wishlist and location.

Especially if you're trying to stay under 200k like the OP.

We sold our Brookside home a few years ago with multiple offers coming in. We accepted an offer lower than the highest bidder. We were good friends with our neighbors and felt that one of the buyers would be a really good fit for the neighborhood, so that's the offer we accepted.

We moved back to the west coast and into one of the hottest housing markets in the country in Seattle. We offered on several homes with escalator clauses up to $70k over ask and kept losing out on houses. We eventually found our current home and got a screaming deal on it because the seller and agent were complete idiots. The point being, you will get your brains beat in finding a house, but you will eventually find a place that is home to you. Take your lumps, but know it'll pay off when you find YOUR home. It'll happen for you. Best of luck.

English,


i have set the standards for comps in many neighborhoods. Told you will never get financed.... You had to counter lower within hours WTF??? I say BS

New house per SF is a house without garage door openers, poor landscaping if any, sometimes no grass, and in many cases >50 a sf carpet....

I am saying something stinks here

Remember that after underwriting, contracts change, Realtors are whores who don't do anything that's not in their interest.

One of my buyers had 3 days to come up w/ $8K or their deposit, the carpet was lost.. They closed.

Deposits/earnest payments with Realtors are returned.....In my contracts, they choose the carpet and paint, they own it even if they fail to close.

There's the key to success in buying real estate. look for stupid sellers and stupid agents... Or tell yourself they were...

I got shit on by the county appraiser after I bought my house. I bought my house two years ago in June as a 3 bedroom home with a finished basement. Got the payment to a level I wanted. All was right with the world. A year later, I get my assessment from the county appriaser. My property value was going up by $42,000. I'm immediately like WTF?!?!? Turns out my home was appraised in January of the year I bought it as a 2 bedroom home with an unfinished basement. Between that time and the time I purchased it, the seller finished the basement. This was not divulged to me at the time of purchase. Being a first time home owner, I didn't understand what this meant. Then a couple months later, boy did I ever find out. Pennymac basically let me know that my mortgage was going up like $250/month. I was allowed to pay some up front to lower the payment throughout the year, but with a single income, things were pretty tight this year. I contacted my loan lady to plead my case and she basically said, "yeah, that happens." So **** her, she's never getting my business again. I've been trying to look into ways to get it lowered back to where it was, but I'm not having any luck. Mainly because I don't know where to begin. If anybody has any tips or pointers, I'd be very appreciative. (I contacted the appraiser and they told me that my value was raised to match others in the area with finished basements)

Yeah, we’ve been tracking Zillow pretty regularly just to keep an eye on the market. We’ve already given up on our preferred location, which was up by Fairway. Unfortunately, it looks we’d need $600+ minimum to get what we want/need. I mean, we don’t need a big house, but with 2 kids I need more than 1900 sq ft at that price.

Based on our wants/needs/budget, we’ll probably be looking at southern Prairie Village/northern Leawood. I’d prefer to be on the MO side, but **** the KCMO school district and **** the price of private school.

Where are you? Was there a permit pulled? read it

And who did your home inspection? read it again

Pull the disclosure statement and read the **** out of it.

I am guessing you are looking at Reinhardt Estates, Bryantwood, in Fairway Northern PV is nice too sat 65th and Mission to Roe the edge of mission hills to the south has a few outstanding homes but the 79 th south to 87th area between in PV is all good same on the other side of Nall in OP.)

Corinth, Calvin Crest, West Riding and Somerset are nice areas but in the $$$ areas. (my neighbors house was well over $1M a few blocks off Nall) but hidden treasures are to be found in the area just south of Mission Hills near State Line.

87th-95 and Lowell and 87th-95 and Lamar are great areas of OP but 91st- 95 and Roe is nicer for some.

We got our house in Wichita at a great deal on a short sale. We were moving back up from Texas, and the Market here was stupid hot at the time and nearly every house we liked was gone before I could even look at it.

I didn't even want to look at our house because the pictures were terrible online. Wife insisted based on the pictures of the great room, which they had basically used book shelves to break up into a few different spaces, office area, TV area, etc.

Went in the house and once I looked past their clutter, it had a nearly perfect layout for us. Because we had flexibility in when we moved in, we got it. An older couple were living there and he had lost his job. They couldn't really keep up with the house, and it needed a couple small things that I did myself once we moved in.

Ever considering Living in a Van Down by the River?

I have polished a lot of turds, the ones you think are the worst end up being the nicest.

How did you find the short sale?

If you think looking at houses sucks, just wait till you get to the application / finance part.

My initial impression is the only way you're going to fix that is to put up a For Sale sign. I'm an armchair expert at a lot of things, but that's not one of them! Maybe talk with a real estate attorney.

Have you considered Raymore if you want to stay on the Missouri side? A bit out of the way, but would get more bang for the buck vs Leawood and Cass County taxes are a little more lax.

I had the property for less than two years. It sold for more than 30% above purchase price.

Edit:. I should clarify that our counter was to remove the flooring allowance built into the offer that they wanted wrapped into their financing. It resulted in the same amount of money in my pocket.

you must be looking at nice houses. My sister owns a couple that would be your regular goatee rush busch lite drinking chiefsplanet folk on Ohsdaul

Sellers market everywhere. Homes here are selling minutes after listing. Some for above asking price. Especially in MPLS. Who the F knows why in MPLS??

In the burbs-same thing. Homes move fast. A neighbor whose house is 2.5 years old sold it in a few days. Thinking it went for 30k more than what it was built for. Picked the move out date.

Money is cheap. 3.8% is basically free.

Good luck.

Nothing too fancy, but yeah, I don't wanna live on Ousdahl St.

Those things make it a sellers market, not a buyers market.

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Its early. Have not had my Dew yet. I will change it......

My wife and I were trying to get into a neighborhood and were never successful due to having contingency.
We said eff it and built a house in the neighborhood... one of the best decisions we've ever made.

Absolutely love my house.

Have you tried houses around Tonganoxie or Bonner Springs? Some of those Bonner Springs addresses are in Leavenworth County and the school district is Basehor-Linwood.

When we bought we looked at tons of houses over a couple of years. We weren't in a rush, wanted to find a good price and something that had what we wanted. Eventually we built. We went to a good mid-range builder with plans from a lower priced builder and said that they had that house available for 145k. The mid-range builder matched the price and had a lot of things included in their price that the low-end guy didn't, like Oak doors, molding, etc. standard. We'd have paid over 180k with the low end guy but got our house for 145k with all those upgrades, better quality framing, etc. and a half acre lot in town 5 minutes from my work. We finished the basement ourselves with me doing all the framing and sheetrock and hiring side guys to do the plumbing, electrical, etc. Only cost about 10k to finish the basement out. It could sell for 300k today, less than 10 years later. We had 6 months to sell our existing place after that because building obviously takes time. That allowed us the time to get our asking price.
My advise is simple. Don't be in a hurry. Shop like you are just looking for things you like. Don't overpay but if you put in an offer, make sure you lock that seller in. Don't be afraid to build. In my experience it can be cheaper. It absolutely was with us.

This is really common honestly at least around here. Shit, even happened to my dad back in the 80s. He did get them to reduce it by calling them up and saying that if they thought it was worth that much he'd sell it to them right now. Didn't reduce it by much, I think they just wanted to shut him up. He's a guy that was on a first name basis with the Senators, etc. in the state.

Tongie was all either methlab tier houses or 300k+. We haven't really looked in Bonner either.

I complained about mine too. Have a meeting sometime in the next few weeks.

I meant to say with Tongie addresses. It's been several years since we bought, but we are thinking of downsizing but I don't see much advantage in doing so, cost-wise. We bought our 4br, 3 ba, 3200 sq.ft. place for $207K with 5 1/2 acres and paved roads. I could easily get $400K for it today but where would we go? I have thought about buying land and just putting up a modular home.

There was a modular home out by Baldwin in the middle of nowhere on almost 9 acres I wanted to look at for under 200k. But the wife said no :cuss:

Yeah, that’s just too far out. We are renting in Lenexa currently and it’s too far out as it is. We want to be reasonably close to the city but still be in the burbs. Ideally we’d be closer to the city, but then affordability vs needs/wants becomes an issue. Plus, I work in OP and my wife works in south KC, so PV/Leawood keeps the commutes reasonable.

I think the only community on the MO side that really fits what we are looking for would be Parkville. I grew up north of the river and my folks still live up there. Unfortunately, there goes the nice commute.

Leawood suckssssssss and I'd be concerned with buying in PV.

If my wife and I were in that situation, my wife and I would probably choose one job to live by. The one with the short commute would do more house work and the longer commute would get more choice on house features. I'd take a longer commute to make my wife do all the yardwork tbh