CntryBoy777 - The Lazy A** Acres Adventures

[CntryBoy777]

Well, well, well....the house "hunt" continues.....
We pulled out of the last one too.....we made an offer....he countered....we accepted all, but 1 condition.....he changed his offer again and we said no go. It sounds as if he is attempting to stretch the market in his area and the property would have difficulties appraising high enough for the loan....so, down the road we go looking. We are disappointed, but not discouraged....we know the Father is in control and it is His will that we seek for and His timing....

 

[Mike CHS]

Sorry to hear that but you are staying in control.

 

[Bruce]

Well that is a bummer. Your place is out there!! Who knows, if he doesn't get another fish on the line, he might come back to you. IF you are still looking.

 

[Goat Whisperer]

we know the Father is in control and it is His will that we seek for and His timing....

Very true! Praying you find the right place.

 

[B&B Happy goats]

i hope the right one happens before Christmas for you

 

[Baymule]

I can't tell you how many places we looked at before we bought this one. At that time my mother was living with us and I had to have someone come stay with her so we could come up here to look. Every time we found something we liked in our price range, it was gone by the time we could get up here to see it. This one came up for bid, we made our bid and hadn't even seen it. At the price we got it for, we didn't care.

Your home is out there, waiting on you to find it. Have you looked into HUD repos?

 

[CntryBoy777]

@Baymule if we were able to do a conventional or FHA there would be plenty to choose from, but having to go USDA many can't meet their standards, so no "fixer-uppers", modular, or mobile homes can qualify.....

 

[Baymule]

We got a FHA loan and this place did need some work. Vandals struck, ripping out the breaker box wires, heating unit, AC unit, copper wires from under the house, about $10,000 in damages-while we were in the middle of the loan process. HUD allowed us a whopping ONE THOUSAND DOLLARS off the bid price. I was livid and wrote a scathing letter that my husband wouldn't let me send. I toned it down from dripping vitrol to just sarcastic.

After closing, they gave us 30 days to get it all fixed and get the inspector out to report back to them.

Once we sold our old house, we paid this one off.

 

[greybeard]

Depending whether it is a USDA loan guarantee or a USDA Direct loan, they too will make some allowances for repairs. It won't go far if the buyer has to hire a contractor but might help if you can do your own work.
Some areas, USDA will allow modular homes if they meet certain specs.

I imagine the 'under 2000 sq ft' limit and the 'less than 10 acres' rule of thumb also culls out a lot of the homes that are for sale too.

 

[Wehner Homestead]

Oh my! It’s been quite eventful since I last checked in. Praying things work out!!