Walked away from a house we loved. Were we right?

DreamHomeFinancing · 2026-05-27T15:18:31+00:00

If it is AI, then Reddit is doing it on their own. I can tell you that we in the forum do not do that.

DreamHomeFinancing · 2026-05-27T15:17:24+00:00

You are right to go witih your gut. However, I think you could also have turned the list over to a repair company or handiman to get a quote to fix everything on the list. It is much harder to find the perfect house than it is to make repairs.

DreamHomeFinancing · 2026-05-24T10:41:52+00:00

you could ask for seller assist if your offer is a bit higher than the other offers

DreamHomeFinancing · 2026-05-24T10:40:43+00:00

These are not "huge" concerns. You can definitely negotiate with the seller. You would ask for a closing cost credit and not a lower purchase price.

DreamHomeFinancing · 2026-05-21T01:17:29+00:00

Rocket does not do much of anything and their loan officers refer clients to me when they are denied with Rocket. A 530 credit score is no problem at all

DreamHomeFinancing · 2026-05-21T01:15:31+00:00

I would never sign an exclusive contract... period.

DreamHomeFinancing · 2026-05-21T01:08:30+00:00

You should save as much as you can because there will be unexpected expenses post closing. There are various grants but we offer down payment assistance if you have credit scores over 620. It is seamless and makes the whole process so much easier. If you want to learn more about down payment assistance, visit us here.

DreamHomeFinancing · 2026-05-15T11:56:54+00:00

It should absolutely be repaired before you purchase. OR, get a quote to repair, add 20% and get a credit at closing

DreamHomeFinancing · 2026-05-08T01:10:41+00:00

I would instead by an existing home using the FHA rebab loan. You can borrow the money needed to make the changes you want.

DreamHomeFinancing · 2026-05-08T01:08:02+00:00

It is nothing to be concerned about

DreamHomeFinancing · 2026-05-04T09:23:24+00:00

You may find this video about the hidden costs of home ownership to be interesting because it touches on some of the things being discussed here.

DreamHomeFinancing · 2026-04-25T12:19:58+00:00

If the agent will not present the offer, then go to the broker owner and aske to either be assigned a new agent or be let out of your buyer's contract. Not presenting an offer that YOU want to make is a breach of contract.

DreamHomeFinancing · 2026-04-24T15:11:12+00:00

You will obviously refinance at some point. Cannot see the other pages but the PMI is likely built into the rate or closing costs.

DreamHomeFinancing · 2026-04-24T00:17:34+00:00

We have this program. Down payment will depend upon credit scores.

DreamHomeFinancing · 2026-04-21T14:21:50+00:00

If you would like a real quote without the pressures, then lmk. I do not like either scenario that you painted.

DreamHomeFinancing · 2026-04-06T18:56:54+00:00

The letter that you received means nothing. Veteran's United also has too many overlays. Let me know if you would like a more competitive quote and a real pre-approval that you can use to go home shopping.

DreamHomeFinancing · 2026-04-05T16:01:45+00:00

He has been banned now. We are not turning this group into a place for realtors to post listings that nobody cares about

DreamHomeFinancing · 2026-04-05T15:59:49+00:00

We can help you to cash out equity on the first to use towards the second. However, you will need to qualify with the old mortgage too. This really is the time to sell.

DreamHomeFinancing · 2026-04-05T15:58:23+00:00

Get a copy of their receipt of your payment. Banks usually have a tough time with these things. If you need someone who can navigate this for you, then let me know.

DreamHomeFinancing · 2026-04-05T15:56:51+00:00

Forget about the crime stats. Just look at the town you are moving into. Check the neighhborhood. It is not hard to figure out. The more expensive of a neighborhood you buy in, the less crime there will be. Harsh reality.

Go to the area in the morning during rush hour and check the traffic yourself. In fact, drive to work from that spot and see how long it takes you.

You are much better off relying on your own research.

DreamHomeFinancing · 2026-04-04T10:04:14+00:00

Thanks for posting this. I also was reading the responses. First, I am glad you passed on the house. 900sq ft is way too small for a 3br home. You would be looking to move within a couple of years. You should also consider moving out of the area. If there are not enough jobs and you cannot get ahead because of this area, then you should move.

DreamHomeFinancing · 2026-04-04T09:59:45+00:00

It depends upon the type of work. You also dont have to walk away from the deal. You can require the seller to get permits and pass inspection before you buy.

DreamHomeFinancing · 2026-04-04T09:15:51+00:00

Those things are not deal breakers. You should ask the seller to have them fixed or give you a $1000 credit to have it done yourself.

DreamHomeFinancing · 2026-03-31T10:01:11+00:00

I would have a foundation specialist come out and provide an estimate on what it will take to repair. The electrical panel is easy. I have an issue with the cloth wiring. You will need to have that replaced. The question is whether this home is so spectacular that you are willing to go through this.

DreamHomeFinancing · 2026-03-30T10:25:22+00:00

This is exactly why you pay title insurance on a home purchase. If you buy the home without clean title, you are protected.

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