Today, I went to see three houses to buy. For the past year I've been trying, but investors swoop in and buy the house cash to turn around and rent it. I just want my first actual home for my family, but one of the houses I was going to put an offer on already has a cash offer on it. FML
Collection
Fall
Dead leaves, the first cold of the season and an umbrella flipped inside out: fall, the season of grace.
Today, after saving for years, I was finally ready to buy a home. I found a decent place. I put in an offer. A hedge fund bought it 7 minutes later, for cash. FML
Today, I submitted an offer on a house. I got a call a few minutes later saying that it had collapsed. FML
Today, I bought a home at a bargain. It will need 5 grand in repairs to fix plumbing and electric, but it's mine. When I pulled up the listing to show pictures to my friends, there was a new listing that was in the same neighborhood, and a larger, nicer house that is move in ready. Same price. FML
Today, I was supposed to close on a house. Unfortunately, our lender decided that they couldn't finance us and denied us a loan, after 3 months of us digging up paperwork, saving money, and packing. Now we have to scramble to find a new place, while our insane landlady screams at us. FML
Today, I found out the house I want to buy is being re-listed, because I can't have an open house to get people to see and buy my current house, because no one can go out in the this fucking quarantine. FML
Today, after spending days writing up an offer for a condo so my boyfriend and I could move in together with our 9-month-old, we found out they accepted a different offer. FML
Today, after I just bought a house that is pretty good and suits all our needs for space, my in-laws moved in because they ran into financial troubles. Guess who is stuck with all the extra expenditures? FML
Today, I bought my first house, blowing nearly all my savings on the deposit. I had left myself enough for just a couple of necessary bits of furniture. It turns out the previous owner completely stripped the house when he left, taking the oven and even the toilet with him, amongst other things. FML
Today, my partner and I went to the inspection of a house we wanted to buy. The whole roof was illegal. This is the second time our realtor has shown us a house with major issues. FML
Today, we wanted to buy a bigger house just up the street from our current house so all three of our kids could have their own rooms, but we were outbid… by my mother in law, so now we’re stuck in our too small house even longer, and the evil old bitch is now close enough to visit us every day. FML
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Top comments
RichardPencil 32
Why don't you rent until the housing bubble bursts and buy after the investors have gone broke? You can't compete with cash and that only happens in a seller's market.
Tabby Rosas 8
I'm in the same boat...ive had my family of 6 in a hotel room for 3 months already...they take all these houses without even looking at them with cash
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Comments (6)
RichardPencil 32
Why don't you rent until the housing bubble bursts and buy after the investors have gone broke? You can't compete with cash and that only happens in a seller's market.
Brightside86 31
I feel your pain, same boat eventually got something but it's a fixer upper. My friend bought some water front property and is building on it. You can still get a good deal but you'll have to do things investors with cash won't. -I wouldn't wait for the market to crash, I think this is our new bottom. Last crash was in 2008 and really that was only cause banks and subprime mortgage shenanigans.
EBrogen 12
Well, you can always drop a hint to a copper theif that it's empty.
Tabby Rosas 8
I'm in the same boat...ive had my family of 6 in a hotel room for 3 months already...they take all these houses without even looking at them with cash
geerod 16
House flippers are not going to run out of money or houses to buy. Keep trying !
oneonta 8
sorry, this housing market is so weird and crappy