My buddy built a house with his then girlfriend, only had his name on it, got engaged, lost his job, engagement was called off, moved into house alone, got a new job and new girlfriend, he was laid off new job, new gf moved in to help with payments, fell way behind on the mortgage, house forclosed on, credit wrecked.
at a hostel there was a couple in our dorm that would go at it every night right across from my bed. They didn't even try to hide it.
Covers off and the girl on top riding the guy. She was pretty hot too. When we arrived and checked in, we opened the door to our dorm and he was sitting in the middle of the room on a chair while she gave him a BJ. It didn't faze her at all. This post was edited on 3/28 12:03 PM by Zizkov
Rule #1. Dont buy a house with your GF. This will only lead to problems down the road.
Rule #2. Never fall in love with the house. I know that sounds hard but do not get attached to the house or let your woman get attached. This will lead to you over paying for the house. I have seen it way to many times and I have almost fallen victim myself.
Rule #3. Never pay more than the appraised value. I hope you have some language in the contract that lets you out of the deal if it under apprasies or does not pass inspection. We tried to but 3 house 2 under appraised one had some issues with the inspection. We back out of all 3 houses. After we figured out they didnt appraise we figured the house was over priced for the market and not worth purchasing.
and the sellers took it b/c we were the first offer they had had in 5 months on the market and they had to get into a bigger house. We got the house for 20k under market value, plan on never leaving so that also played into the situation.
at the end of the day, would you trust any of the trolls on this board to handle your finances? I bet most on here (no, not everyone) don't even have $100k in their retirement account and live in a house they bought over 2 years ago that is now worth less.
I don't know what's funnier -- you asking for housing financial advice from the OTF, or the actual advice you're getting.