housing situation with SYB
Find a Conversation
housing situation with SYB
| Tue, 04-29-2008 - 9:42am |
Hi guys. Well just when I was starting to look younger with all of my anti aging routine, my landlord announced she is selling the place. We live in the city and buying is TOUGH. We were caught completely off guard and now if she puts the house up for sale and someone wants it and wants to live in our apt, we have to be out i 30 days....yikes.
Luckily my son's school will grandfather him in for next year even if we move out of the boundary they have - thank god because the houses in that boundary are about a million dollars, no exaggeration. Anyhow, then there is the thought of renting but with Monty I have to think that would be difficult. I really didnt think about the fact that getting Monty might be risky if our housing feel through - I am kicking myself but I also cant live without him.
SOOOO, Syb's credit is very new since he hasnt been here for very long. It isnt bad but it is new and there isnt much there yet. I have poor credit because I am a loser when it comes to finances and a highly fluctuating income doesnt help that. I have had good credit in the past but somehow I have let things just get very disorganized and I am so mad at myself. I am still going after DS's father for child support but nothing has been resolved yet. He keeps claiming that he has shared custody because he sees him on the weekend but in reality he just drops him off at his parents for a day and a half and then goes and gets him and brings him right back. I know that all I can do now is just pay my bills on time and do better but is there anything I should know about that could help me raise my credit a bit quicker. I have only one credit card which I got about 6 months ago. I have paid the other ones off and my car is paid off but the problem is I paid them off badly because I didnt do it on the schedule most of the time. I think I may have about 1000 in odd debts on the credit report and I need to pay them after I figure out what the heck they are - nice, right? I apparently forgot about a few bills in my move three years ago and I havent heard from them since. So the other though - they got their money but in chunks and as I got it during months where I performed more or whatever. I had that debt from the divorce and I am sure that is why my credit is poor. But at least the bills are paid. I am rambling but basically I just wondered if anyone had any suggestions. My new credit card from six months ago is current and I havent messed it up in any way and someone yesterday suggested I get another one just to have two accounts that are being handled correctly.....
We are kind of spinning over here and SYB seems ready to settle down, buy a house and my family keeps saying "so are you guys getting engaged?" and I keep thinking "where would we be getting the money for a ring when we have to find a downpayment for a house?" I know he will not propose without a ring ( he is way too traditional for that)and I could care less about getting engaged right now to tell you the truth but it does make me a bit nervous buying a property together. My XH left me for a waitress before we were married ( yes I went back like an idiot) right after we signed a contract for a house together. I had to deal with it on my own and he ended up moving in later - I was pretty much an idiot in love back then. So I have to admit I am having trouble not remembering that pain back then even though I know in my heart SYB would never do such a thing.
Moon-would you buy a house in your current situation?
I am not sleeping well over this. It just stresses me out to not know where we will all be ( me and the boys as I call it) in a few months. AHHH.
Luckily my son's school will grandfather him in for next year even if we move out of the boundary they have - thank god because the houses in that boundary are about a million dollars, no exaggeration. Anyhow, then there is the thought of renting but with Monty I have to think that would be difficult. I really didnt think about the fact that getting Monty might be risky if our housing feel through - I am kicking myself but I also cant live without him.
SOOOO, Syb's credit is very new since he hasnt been here for very long. It isnt bad but it is new and there isnt much there yet. I have poor credit because I am a loser when it comes to finances and a highly fluctuating income doesnt help that. I have had good credit in the past but somehow I have let things just get very disorganized and I am so mad at myself. I am still going after DS's father for child support but nothing has been resolved yet. He keeps claiming that he has shared custody because he sees him on the weekend but in reality he just drops him off at his parents for a day and a half and then goes and gets him and brings him right back. I know that all I can do now is just pay my bills on time and do better but is there anything I should know about that could help me raise my credit a bit quicker. I have only one credit card which I got about 6 months ago. I have paid the other ones off and my car is paid off but the problem is I paid them off badly because I didnt do it on the schedule most of the time. I think I may have about 1000 in odd debts on the credit report and I need to pay them after I figure out what the heck they are - nice, right? I apparently forgot about a few bills in my move three years ago and I havent heard from them since. So the other though - they got their money but in chunks and as I got it during months where I performed more or whatever. I had that debt from the divorce and I am sure that is why my credit is poor. But at least the bills are paid. I am rambling but basically I just wondered if anyone had any suggestions. My new credit card from six months ago is current and I havent messed it up in any way and someone yesterday suggested I get another one just to have two accounts that are being handled correctly.....
We are kind of spinning over here and SYB seems ready to settle down, buy a house and my family keeps saying "so are you guys getting engaged?" and I keep thinking "where would we be getting the money for a ring when we have to find a downpayment for a house?" I know he will not propose without a ring ( he is way too traditional for that)and I could care less about getting engaged right now to tell you the truth but it does make me a bit nervous buying a property together. My XH left me for a waitress before we were married ( yes I went back like an idiot) right after we signed a contract for a house together. I had to deal with it on my own and he ended up moving in later - I was pretty much an idiot in love back then. So I have to admit I am having trouble not remembering that pain back then even though I know in my heart SYB would never do such a thing.
Moon-would you buy a house in your current situation?
I am not sleeping well over this. It just stresses me out to not know where we will all be ( me and the boys as I call it) in a few months. AHHH.



Pages
If I was in your shoes I would want to be engaged before buying a house together.
But anyway, I was wondering, why can't you buy the place you are in? Maybe the owner would give you a "rent to own" kind of deal where you can do just that? It sounds like it would be a good investment if it is in the city - and you are already in it.
Or maybe a relative would cosign a mortgage? Or maybe you could get a mortgage with the FHA?
Or maybe there is another place you can rent until you sort it out.
What a pickle to have to deal with all of a sudden!! HUGS!
I know he wants to be engaged in the next year but I just dont think it will be practical to do so with a ring before we buy a house. The housing crisis comes first in my head. I am sure of his commitment so honestly this doesnt worry me - it is just hard to deal with family over it. I know where his heart is.
I would consider buying the rowhouse we are renting the top unit in in the city but the rowhouse is not being sold in units. It is being sold as a rental property - the whole house, not units, and the house is going to be on the market soon for near a million dollars. I think the landlord said she is considering being in the top of the 900 range but still, I cant afford that!!!
I want to see this as a blessing in disguise. I know I needed to get my financial act together and this is a big push but maybe it will set me on track eventually and that would be a good thing. It has renewed my sense of where SYB is with me and though I wasnt looking for or needing that, it feels good. I hope we can somehow within the next 6 months qualify for SOMETHING on our own but we are definitely looking for family that might be able to cosign. The properties here are so expensive and I have to stay in the city to keep my son in the school. I wouldnt want to move outside the city anyhow but I definitely wouldnt do that to DS. I would rather not have to have a cosigner but I know that SYB and I could afford the mortgage on our own. We already pay 2000 in rent and we bring in 10000-12000 a month currently in income because careers are going well. I think I am lucky my career is in a good stage right now and I am counting my blessings for that. I know that because of what I do and because of what he does, the qualifying process will be much more difficult though.....lots to think about.
We are both working as much as humanly possible right now to prove income and save for a deposit. It is a bit stressful not seeing each other very much but we are trying to just cuddle it out as he says:) love him...
Oh, City.
with my luck though I might end up carless, finding the perfect house that is just far enough from school that we would need one and then struggling to qualify for a car loan. Vicious circle possibilities there.
And yes, it is so frustrating because we were just getting settled. I want to see the positive but it is hard. And I am wrinkling damnit - wrinkling.
LOL
Have you pulled you credit report recently?
April
I admire how you are turning lemons into lemonade.
DUDE!!!!
Pages