House Buying and Patients

I don't have any patients for this house buying process, it is a fucking pain in the goddamn ass. I feel like I am trying to accomplish the impossible. These banks don't want to help anyone, they just try to trip you up as much as possible to see if you will give up early during you conquest.

Then there is the sellers... The sellers are greedy. They almost always are. In my case I am not greedy, I usually sell things to get them off my fucking back so I don't have to think about them. I don't sell at a loss unless it is an item that has depreciated in value which is about 99% of the items we buy already. Cars, books, games etc... They all depreciate. You paid for it so you could use it, as soon as you are finished with it or don't required its service anymore just fucking get rid of it. If you make some money great, if not who cares. I am happy if I get anything back usually.

I understand house appreciate and depreciate, but for fuck's sake. It is all artificial, it is all a lie. People are buying and selling fake-ness, these houses only have one value, physical value, the cost of development and that is it. I don't think houses should raise or fall in value ever. I think they should have one value and stay there. Houses are being treated like a stock in the stock market. It is a dangerous venture.

Buy a house to live in, don't buy it as an investment play thing.

The Corrupt and Crazy King

My coworker and I have to deal with a lot of bad shit coming from my boss often. I think I have it bad, then I see what my coworker has to deal with and I can see he has got it far worse sometimes. The poor guy has to do like 5 jobs and I honestly think it is all for naught. He gets the short end of the stick usually. He makes more than I do, but seriously not by much.

He has to deal with IT bullshit often in terms of users and in terms of behind the scenes hardware. He has to basically keep the infrastructure afloat which is very unfair to him because then he is expected to do development too. So my boss aside from literally telling the both of us to read his fucking mind has told my coworker that he need to do it all and do it on time or it is his ass.

Frankly I think my boss is full of shit. I think he is saying all that, but if my coworker quit this place would go under quickly. Then what? If they looked to me to pickup his slack I would tell them to go fuck themselves. If they want me to pickup his mess then give me a raise to 100K minimum. If not then I would gladly quit.

My boss is a nefarious character. I really don't like his tyrannical reign.

House Purchasing Chaos

I am very frustrated by this who fucking process because the seller's Realtor is being cavalier. We sent them a contract to just correct and their agent responded with - you first - after three fucking days of waiting! How inappropriate can you get?

So then there is my underwriter who botched one of my forms, the 4506T which is just a tax request form. She didn't put the correct city on the form then told me I had to call the IRS to get it sorted out - which is bullshit because I know my fucking address. Then after proving to her that she screwed up she apologized and corrected the form.

Absolute chaos today because this involves a lot of back and forth communication and just overall frustration.

I really hope this day gets better.

Blather

I am just reiterating for myself as usual.

I need to get this house.
Then I need shutters and additional things for the house although the shutters are p1.
I will then start hoarding my money and then start paying down my student debt like a bastard.

Once I get my student debt off my back, I may consider paying off my lease in full. I might just outright buy this car that I have and then turn around and sell it.

Finally after all that I will just hoard and hoard some more, while looking for an appropriate avenue or resting place for my money. I need to find a way to retire safely.

Not sure how I am going to pull that off yet, but I will figure it out.

The next thing I have to worry about are kids. I don't really want them, but it looks like I am going to have them anyhow...

The Housing Game

So I met with my Realtor this weekend and we discussed the conditions of this deal. Everything is looking rather peachy which is fantastic. I just find this whole process to be rather unfair and poorly put together. Especially from the lender's end. I have learned from all of this if you can buy a house cash, then that is what you should do. The lender does not have any incentive to lend you money, which is why the government gets involved and gives them security in return for lending money.

I hate this process and frankly I never want to do it again.

I would love to live mortgage free for the rest of my life. It just isn't fun to owe anyone money. My Realtor was urging me to barrow against the house when I build equity. I am 100% against this idea, because it is irresponsible and stupid. I just want some fucking stability.

Meh... I don't care anymore about this deal. If it goes through then great, if not then whatever. I don't care anymore. I am so tired of this process I just want a fucking answer.

Greed

I don't understand people regarding sales. I am a terrible businessman because I tell the truth. Businessmen always spin that by saying that they don't lie they just don't tell the whole truth. Or they only tell what they were prompted for. People who went through the housing bubble and participated in the greed fest piss me off. People like my mother who wouldn't sell because they thought they could get more, greedy people always think they can get more!

This current house sale is the same line of shit. The sellers want 195K which frankly I don't think they deserve. I think they deserve about 170K max because their home although it is in good condition, it is dated. The home appraised for 151K because the arse of an appraiser didn't do his job right on purpose.

Anyhow, let's say that we do a review, it is rejected and we get another appraisal done which comes back at the same or a little better but still far under 195K. Then I don't care who it is, no one in their right state of mind should pay more than something is actually worth. Therefore I hope these sellers can look past their greed, if they are going to be bitter about the reduction in price.

Anyone who has 44K in cash wouldn't be bidding on this house to begin with they would go get a nice condo.

Therefore I have deduced that this seller has been caught by the balls.

I am at 80% victory here.

Just need to clear underwriting and I need to clear the appraisal.

I am confident and not worried that we will be triumphant.

Vantage Point

So the housing situation isn't nearly as bleak as it seemed at the beginning of the week. The house under appraised by a fuck ton, but that isn't my fault and the other tid bit of news is the title for the house is not legally correct which too isn't my fault. So this is putting pressure on the seller to fix it whatever the fucking problem is.

Then there is the fact that since the house is under appraised if the review I am submitting isn't accepted then I have to get a second appraisal. If the house still doesn't appraise then the seller is fucked because their asking price is ludicrous. Which means they have to eat the reduction in price or sit on the house. I know that they are moving, so it is highly doubtful that they are just going to sit on it.

Taking this from a different angle, let's say someone came in and made a cash offer, why would they pay more than the appraisal value? Unless they are a stupid rich person who just wants the property because they do, this won't happen. No one would normally pay more for something than it is actually worth.

Ergo, the seller has way more to lose than me. They need this sale worse than I do so if they have to take a 44K cut, then so be it. Not my fault.