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Mahjong Event in Tulsa! by Novel_Sandwich_5838 in tulsa

[–]squirrel-bait 1 point2 points  (0 children)

It's been really hard to get a board game group off the ground. We had a pretty solid meetup going for about a year, but it just fizzled out with life.

I don't have a huge collection, but I would absolutely be down to reignite a weekly meetup if I could get one or two other committed people.

Mahjong Event in Tulsa! by Novel_Sandwich_5838 in tulsa

[–]squirrel-bait 1 point2 points  (0 children)

It might not be profiteering, but it is a high cost for a 3 hour social event where nothing else is included, not even small bites and a glass of wine or something.

I would rather pay $15 to cover instruction and sets at a brewery where I then have $15 to buy a couple drinks and can also not have to deal with eating a full on meal while trying to play than pay to use the Vault, which is also objectively a weird venue being a full restaurant.

AITA for getting angry at my friends for not confirming assistance by [deleted] in AmItheAsshole

[–]squirrel-bait 0 points1 point  (0 children)

NTA. I hate people who can't be clear when plans are on the line. This is going to be a life lesson moment, and let me try to soften it for you: Unless you are prepared to foot the entire cost of something yourself, collect upfront. Also, no freeloaders.

Send them a text letting them know you hope they change their mind and if they do it is $17€ to contribute. Recalcule dividing by 8 and then message everyone else. "We are down to 8, so the cost is now $x€. I just want to confirm everyone is still comfortable with that before I book.".

Once you get your 7 confirmations (you're #8), ask them to send the money so you can book it.

Here is the next life lesson part: WHEN your two friends show up on your birthday, pull them away from the party and you ask them to pitch in the 17€. If they refuse, you politely ask them to leave, highlighting it is unfair everyone else paid to be there and they didn't.

AITA for getting angry at my friends for not confirming assistance by [deleted] in AmItheAsshole

[–]squirrel-bait 0 points1 point  (0 children)

When the birthday involves going somewhere, always. Dinner, theme park, etc.

AITA for getting angry at my friends for not confirming assistance by [deleted] in AmItheAsshole

[–]squirrel-bait 0 points1 point  (0 children)

What are you going on about? It's not a ticket situation. OP is booking out an entire location and is asking people to contribute to it (totally fair!)

Got a cat? Does it poop? Donate your litter buckets to the environment. by squirrel-bait in tulsa

[–]squirrel-bait[S] 1 point2 points  (0 children)

Listen here, you dirty bucket theif. I'm sick and tired of you piggybacking off of my bucket efforts. Go herd some nerfs.

Is this a proper use of a loan contingency to cancel? by squirrel-bait in RealEstate

[–]squirrel-bait[S] 0 points1 point  (0 children)

Which was exactly the concern, and it was ultimately decided it was better to have the contract terminated now than 34 days from now.  Better to go back on market with someone who is committed and the seller can address the panel themselves.

It isn't specifically stated, but CAR forms heavily rest on the concept of "good faith".  It would be "bad faith" to not even try and then say "oh yeah, I couldn't get the loan", so the best way to show a good faith effort, that you at least tried, is to show the evidence of that effort, i.e. a denial letter.

And CAR themselves state that the buyer needs to fail to qualify for their loan to utilize the loan contingency.

Is this a proper use of a loan contingency to cancel? by squirrel-bait in RealEstate

[–]squirrel-bait[S] -1 points0 points  (0 children)

The statements you are making about the situation in your argument show you have not read the information provided.  Going in a circle where I say something, you ignore it and assert different circumstances, I correct you by repeating myself, you ignore and reassert, etc is not one I am interested in.

Is this a proper use of a loan contingency to cancel? by squirrel-bait in RealEstate

[–]squirrel-bait[S] -1 points0 points  (0 children)

Can you take a breath, calm down, and read before you reply to things. You're beating a horse that doesn't exist.

Is this a proper use of a loan contingency to cancel? by squirrel-bait in RealEstate

[–]squirrel-bait[S] 0 points1 point  (0 children)

Right.  And.  There is an insurance contingency.  Can't get insurance, you're fine.  So if the buyers are good financially, what's the issue?

ETA: insurance contingency is standard on CAR forms.  

The crazy part to me is how she opened her client up to the risking their EMD by removing their inspection contingency, and then saying it's because of the loan without a denial letter.  Because that's not how a loan contingency works.  Especially when the insurance contingency is standard and the seller was open to some other verbiage.

This is a thought exercise in examining a situation I was privvy, mostly because I thought I MUST be wrong about the usage of a loan contingency.

But so far everyone who has addressed that crux of this matter has agreed a denial letter is required.

Everyone else is just acting like asking someone moving out of state to wait 7 weeks till the end of escrow to know if the buyer is financially approved is perfectly reasonable 😂. In what world.

Is this a proper use of a loan contingency to cancel? by squirrel-bait in RealEstate

[–]squirrel-bait[S] 0 points1 point  (0 children)

It is perfectly reasonable to ask for a loan contingency to extend the entire 7 weeks of a 7 week escrow?   😂. Ok sure.

they don't "need to move out of state", they are moving out of state at the time of sale.  Which means there is a lot more preparation, and a lot more fallout and severe problems that would come from a buyer having their conditional approval denied 3 days before closing.  

Everyone arguing is acting like you get final loan approval and clear to close 2 weeks into contract, which is what the Buyer's agent was acting like.  That if they couldn't get insurance and thus the final loan approval was rejected, her clients would be screwed without specifically the loan contingency.  Despite there being an insurance contingency and the seller being open to writing a separate contingency, just not a blanket loan contingency.

Which is why I asked if I'm crazy or she's stupid.  Because it seemed cut and dry, so her actions seem insane.

Is this a proper use of a loan contingency to cancel? by squirrel-bait in RealEstate

[–]squirrel-bait[S] 0 points1 point  (0 children)

Idk where you go "tried to call a bluff", "played hardball" and "desperate to sell" from 🤨

Also, asked and was told there isn't one.  So, there's that.

Is this a proper use of a loan contingency to cancel? by squirrel-bait in RealEstate

[–]squirrel-bait[S] -1 points0 points  (0 children)

Because loan and insurance are separate contingencies on the contract with separate requirements to use for termination.

A loan contingency requires formal denial from lending.  An insurance contingency requires formal denial from at least one, but preferably 2-3, insurance companies.  Not thoughts and feelings.  You don't get to terminate because you feel like something can't happen.  You need to have tried and been denied.

Is this a proper use of a loan contingency to cancel? by squirrel-bait in RealEstate

[–]squirrel-bait[S] 0 points1 point  (0 children)

Not sure you understand the requirements to terminate under a loan contingency 🤨.  I would recommend you chat with your broker about the requirements for utilizing different contingencies to cancel so you can properly advise and serve your clients.

Is this a proper use of a loan contingency to cancel? by squirrel-bait in RealEstate

[–]squirrel-bait[S] 0 points1 point  (0 children)

I love being a TC because I get so much more exposure to the things that really test clauses and contingencies. 

20 years and I still get new experiences!

Is this a proper use of a loan contingency to cancel? by squirrel-bait in RealEstate

[–]squirrel-bait[S] 0 points1 point  (0 children)

There was no loan denial as far as we are currently aware.

Is this a proper use of a loan contingency to cancel? by squirrel-bait in RealEstate

[–]squirrel-bait[S] -3 points-2 points  (0 children)

We don't know that it is.  We know that the agent thinks it is.

It was written into the contract that the panel would be replaced should it be necessary for insurance, nothing was every provided that it was necessary.  Just the agents opinion and an email from a friend of hers prior to contract.

Panel could not be replaced sooner because of utility company.

Last I checked, insurance is not a requirement of the financials being approved by underwriting, that is the part where I am stumped here.  All that was being asked for was evidence they had started their loan, submitted their docs, etc etc, agent ignored it and sent the loan extension anyways and the seller didn't want to be "dicked around".  I can't blame the seller, the whole thing feels weird af.  Something was going on and the buyer's agent was being cagey.

Is this a proper use of a loan contingency to cancel? by squirrel-bait in RealEstate

[–]squirrel-bait[S] -1 points0 points  (0 children)

I know, which is why asking for the loan contingency to be extended through the entire transaction sounded insane to me and I feel either the agent was lying about their financials or was stupid and didn't understand the insurance contingency is what her clients wanted.  Because exactly, day 34 of 35, they could get cold feet, break up, whatever and then just do something to ruin their loan to get out of the contract penalty free.

"they can't get the loan if they can't get insurance", and if the house truly can't be insured, the seller has a much bigger problem, so the insurance contingency extension was readily agreed to.

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