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Juliet
Family is Complete!

Member since 5/05 5913 total posts
Name: Juliet
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How long would you wait for a house?
DH and I saw a house we love We put in an offer and they made us wait...then when we heard back it seems that the husband needs to relocate for work and hasn't settled everything yet. So basically, they listed but her doesn't have a relo package.
Then the other part of the deal is that their middle daughter will be a senior in high school and they want to wait to close until December/January (with the mom and middle daughter staying here, older daughter away at school and Dad and younger OOS) and then the mom and the daughter might rent something (not important to me, but what was relayed).
So now I am wondering. This house is perfect. Everything is updated...I mean EVERYTHING!! Nothing was done on the cheap. All we would need to do would be paint our kids rooms (may even leave the other rooms untouched, they are that nice!). The neighborhood is perfect.
We are currently living with my parents and it will be a year in Sept. Baby #2 is coming any day now.
How long would YOU wait for this house?
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Posted 6/21/11 12:26 PM |
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Mrs213
????????

Member since 2/09 18986 total posts
Name:
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Re: How long would you wait for a house?
I would want to close sooner than January but that's just me...
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Posted 6/21/11 12:30 PM |
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Jenhos
Maeve
Member since 6/05 3273 total posts
Name:
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Re: How long would you wait for a house?
It depends on how long you can stay in your current situation and how much you LOVE the house. I would want to close so that it doesn't fall through. Have them rent back from you if you are ok staying where you are.
With this house we went to contract in July and had a delayed closing in Nov and then she rented back and stayed till feb. It was fine since we had no kids and were living in an apt that was cheap and had no lease. It gave us a chance to save some more money as well.
Are they thining you won't close till dec?
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Posted 6/21/11 12:33 PM |
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Rycois
Blessed with 2blue/2pink

Member since 12/05 13341 total posts
Name: J
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Re: How long would you wait for a house?
If this was "the one" I would def. wait the 6 months, and maybe use that as a negotiating tool.
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Posted 6/21/11 12:47 PM |
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Juliet
Family is Complete!

Member since 5/05 5913 total posts
Name: Juliet
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Re: How long would you wait for a house?
Posted by Jenhos
It depends on how long you can stay in your current situation and how much you LOVE the house. I would want to close so that it doesn't fall through. Have them rent back from you if you are ok staying where you are.
With this house we went to contract in July and had a delayed closing in Nov and then she rented back and stayed till feb. It was fine since we had no kids and were living in an apt that was cheap and had no lease. It gave us a chance to save some more money as well.
Are they thining you won't close till dec?
It sounds like everything is up in the air. The husband needs to go to TX to either find a new job or find a new house (I don't know the particulars) and we should know by fourth of July what is happening. Then I guess we would see how they want to do things.
We knew this house was amazing and so we wanted to make ourselves appealing and presented ourselves as flexible and not needing to sell, could move when they are ready. But I never expected December.
The only GOOD thing would be that since this is at the top of our price range, it would give us time to save some more money.
It really is beautiful, inside and out...
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Posted 6/21/11 12:48 PM |
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Rycois
Blessed with 2blue/2pink

Member since 12/05 13341 total posts
Name: J
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Re: How long would you wait for a house?
Also, are you OK are your parents? It might be really nice to be with them while the baby is a newborn and to not think about moving until he/she is a little older, KWIM?
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Posted 6/21/11 12:49 PM |
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Re: How long would you wait for a house?
Have you tried to push back on the closing date issue and negotiate a sooner date? It seems like if they want to sell, then the mother and daughter could easily find a rental. I would assume they want to move most of the stuff in the house to their new location, since the husband and one of the kids will be living there. If you push back on the date, they may agree, but they may just be testing you to see if they can get the later closing date.
If they won't budge, and you've looked around a lot and truly feel like this is THE house for you, then it may be worth it to you to have the later closing. If you can stay where you are until then and continue living with your family, then it seems do-able (even if not ideal). If you just started looking, then maybe you can find something better that works better with your preferred timeline.
I would just make sure that they don't want the contract to be contingent upon other things, such as the husband's relo package coming through, them finding a new house, etc. You don't want to get tied up in a deal for months and then find out you won't get the house because one of the contingencies didn't come to be.
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Posted 6/21/11 12:54 PM |
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Juliet
Family is Complete!

Member since 5/05 5913 total posts
Name: Juliet
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Re: How long would you wait for a house?
Posted by SweetCaroline
Also, are you OK are your parents? It might be really nice to be with them while the baby is a newborn and to not think about moving until he/she is a little older, KWIM?
Funny you say this. My biggest fear used to be having a baby here but now I think it will be easier. Two more adults to help DD with the transition. Other people around to help prevent me from really getting depressed. Maybe this will work out
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Posted 6/21/11 12:57 PM |
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Rycois
Blessed with 2blue/2pink

Member since 12/05 13341 total posts
Name: J
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Re: How long would you wait for a house?
Posted by Juliet
Posted by SweetCaroline
Also, are you OK are your parents? It might be really nice to be with them while the baby is a newborn and to not think about moving until he/she is a little older, KWIM?
Funny you say this. My biggest fear used to be having a baby here but now I think it will be easier. Two more adults to help DD with the transition. Other people around to help prevent me from really getting depressed. Maybe this will work out
Honestly, as annoying as it can be sharing space with other people, even your parents - they are extra hands to help with your DD while you tend to your new baby. I wouldn't be rushing out of there if I were you
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Posted 6/21/11 1:08 PM |
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Juliet
Family is Complete!

Member since 5/05 5913 total posts
Name: Juliet
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Re: How long would you wait for a house?
Posted by Century 21 Dallow - Christine Braun
Have you tried to push back on the closing date issue and negotiate a sooner date? It seems like if they want to sell, then the mother and daughter could easily find a rental. I would assume they want to move most of the stuff in the house to their new location, since the husband and one of the kids will be living there. If you push back on the date, they may agree, but they may just be testing you to see if they can get the later closing date.
If they won't budge, and you've looked around a lot and truly feel like this is THE house for you, then it may be worth it to you to have the later closing. If you can stay where you are until then and continue living with your family, then it seems do-able (even if not ideal). If you just started looking, then maybe you can find something better that works better with your preferred timeline.
I would just make sure that they don't want the contract to be contingent upon other things, such as the husband's relo package coming through, them finding a new house, etc. You don't want to get tied up in a deal for months and then find out you won't get the house because one of the contingencies didn't come to be.
As of now, they haven't accepted our offer as I think the husband wants to take care of business OOS before they say yes. So at this point, we are not locked into ANYTHING and we continue to look.
As far as how long we have been looking, well..almost a year! And this house is perfect!
Don't get me wrong, we won't stop looking at other houses that we might get into sooner, but right now, we have a 4.5 year old and an "almost born" baby so we don't need to make a move before the school year starts.
I guess it just sounded crazy to wait that long, but maybe it will just allow us to have an even bigger down payment
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Posted 6/21/11 1:35 PM |
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Juliet
Family is Complete!

Member since 5/05 5913 total posts
Name: Juliet
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Re: How long would you wait for a house?
Posted by SweetCaroline
Posted by Juliet
Posted by SweetCaroline
Also, are you OK are your parents? It might be really nice to be with them while the baby is a newborn and to not think about moving until he/she is a little older, KWIM?
Funny you say this. My biggest fear used to be having a baby here but now I think it will be easier. Two more adults to help DD with the transition. Other people around to help prevent me from really getting depressed. Maybe this will work out
Honestly, as annoying as it can be sharing space with other people, even your parents - they are extra hands to help with your DD while you tend to your new baby. I wouldn't be rushing out of there if I were you
I hear ya! Despite how cramped we are, these past 9 months with Mom and Dad have been a lot more relaxing than I ever thought. DH and I have even been able to go out after bedtime and have "dates" spur of the moment like we did pre-children.
And I had a mild PPD with DD and I think a lot of the reason was being alone all day and night (DH was working and in grad school). I always felt better when I was around people and not just a baby. I think having helping hands will be great for ALL of us!
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Posted 6/21/11 1:39 PM |
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missfabulous
#mommyneedswine

Member since 6/09 10031 total posts
Name: Colleen
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Re: How long would you wait for a house?
We found a house we loved and we waited what will end up being almost 6 months. IMO it was worth it: we were able to save more money (we were living with my grandma) and we weren't in a rush. As long as you are comfortable with your parents I would wait if its your dream house. You could end up regretting it.
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Posted 6/21/11 2:00 PM |
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Goobster
:)
Member since 5/07 27557 total posts
Name: :)
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Re: How long would you wait for a house?
No more than 6 mths. Too many unknowns that can go wrong so I would be leery of waiting much longer.
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Posted 6/21/11 2:03 PM |
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MST9106
My life:)

Member since 6/06 9589 total posts
Name:
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Re: How long would you wait for a house?
I would wait, but no longer than the 6 months presented AND I would have that in writing. It seems like the stars are aligned for you guys to wait for this house, BUT no longer than necessary.
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Posted 6/21/11 2:22 PM |
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JustJack
:)

Member since 2/06 2041 total posts
Name: J
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Re: How long would you wait for a house?
WE waiting almost 2 years for our house. Most people thought we were INSANE! The sellers had to find a house to move into. We knew in our hearts this was our house so we waited. It was worth it, and I am so happy we waited!
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Posted 6/21/11 4:13 PM |
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JandJ1224

Member since 6/06 5911 total posts
Name: Jannette
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Re: How long would you wait for a house?
Things to consider are interest rates going up and the possibility of prices going down in the next 6 months.
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Posted 6/21/11 4:42 PM |
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Juliet
Family is Complete!

Member since 5/05 5913 total posts
Name: Juliet
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Re: How long would you wait for a house?
Fingers crossed this is something good!
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Posted 6/21/11 11:10 PM |
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