countrygirl2
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Post by countrygirl2 on Apr 28, 2017 8:30:08 GMT -5
We may have issues with selling our duplex so I understand. These ladies are not even relatives but we are going to have to make them move, just gave them notice as I don't think they are taking it seriously. We want out from under it before it deteriorates to the point we have to start spending a lot of money on it.
Never anticipated having a problem making them move. One can go with her son. He has paid her rent for a long time and he was making big bucks in the oil patch. Guess he hasn't in the last 2 years. But makes no sense, she buys a new car and all new furniture?? No thought for the future I guess. She said now she is having to give him money from her SS to help pay it. What are people thinking of?
The other womans parents paid her rent for 17 years she took care of them and has helped her kids. The parents died about a year ago so guessing they left her their tiny house she sold. Money, have no idea. She says she can go with her kids but I wonder. She has never worked in all those years?? I had them be responsible when I rented to her.
So yes, it is hard to make people face reality. I wonder if she can go to court and force us to let her stay there, its in Texas.
They don't want a lockbox, don't want people walking through, didn't want a sign and I said not leaving the sign down. The realtor decided as it is only he can show it so we have already cut off marketing. What realtor will do that as they can't get a fee so no incentive to show, unless they broker something.
So its not just inlaws or relatives that can cause problems.
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countrygirl2
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Post by countrygirl2 on Apr 28, 2017 14:23:26 GMT -5
Whoops, he says other realtors will show, guess they are using him instead of centralized showing, I must have misunderstood. Whatever I think its going to be a problem.
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cronewitch
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Post by cronewitch on May 2, 2017 12:53:48 GMT -5
Mom considered having her boyfriend move in. They each owned a paid off house so he would sell his and move into hers. She changed her mind before his sold so no problem. What should kids do when a 74 year old man moves in with a 80 year old woman then she dies? She died at 86 so he would have been 80 we kids were 64-65-66 so didn't want to wait 10 or more years for him to die to sell our house and settle her estate.
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zibazinski
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Post by zibazinski on May 2, 2017 13:08:51 GMT -5
I'd say that was up to the mom. If she makes it clear that upon her death her roommate is to move out, then so be it. It should not come as a surprise just because heirs think it should belong to them.
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emma1420
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Post by emma1420 on May 2, 2017 14:33:16 GMT -5
Mom considered having her boyfriend move in. They each owned a paid off house so he would sell his and move into hers. She changed her mind before his sold so no problem. What should kids do when a 74 year old man moves in with a 80 year old woman then she dies? She died at 86 so he would have been 80 we kids were 64-65-66 so didn't want to wait 10 or more years for him to die to sell our house and settle her estate. My dad and step-mother lived together for years before they got married. They made everything legal before they moved in (and they have the same arraignment now they are married). They have two years after the other dies to sell any joint assets or to buy out the children of the other partner. my dad is older and so is likely to go firstl. I'd never kick my step-mom out of her home, but, I like that they have everything all sorted out in advance. in terms of my mother, she called me yesterday to tell me she had accepted an offer. The status hasn't changed online and she doesn't have a closing date yet. So I'm not sure if I believe her or not.
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zibazinski
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Post by zibazinski on May 2, 2017 14:53:51 GMT -5
Mom considered having her boyfriend move in. They each owned a paid off house so he would sell his and move into hers. She changed her mind before his sold so no problem. What should kids do when a 74 year old man moves in with a 80 year old woman then she dies? She died at 86 so he would have been 80 we kids were 64-65-66 so didn't want to wait 10 or more years for him to die to sell our house and settle her estate. My dad and step-mother lived together for years before they got married. They made everything legal before they moved in (and they have the same arraignment now they are married). They have two years after the other dies to sell any joint assets or to buy out the children of the other partner. my dad is older and so is likely to go firstl. I'd never kick my step-mom out of her home, but, I like that they have everything all sorted out in advance. in terms of my mother, she called meyesterday to tell me she had accepted an offer. The status hasn't changed online and she doesn't have a closing date yet. So I'm not sure if I believe her or not. [ Well, we'll tentatively celebrate 🎉!
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suesinfl
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Post by suesinfl on May 2, 2017 16:28:51 GMT -5
Keeping my fingers crossed for you, emma. Can you talk to the realtor?
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janee
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Post by janee on May 4, 2017 10:27:36 GMT -5
That is (tentatively) awesome news! Hoping for your sake, it's true.
What's the next step? Rental, buy something smaller? It doesn't sound like you can do anything to keep her from blowing it?
I hate annuities and don't think they are wise investments, but I wonder if it might not be something for her to consider? She could put the proceeds in one and get a set amount each month.
If she is likely to blow it all, that is might be an option. If she can manage to string it along, (i.e. budget) maybe she'll be ok.
Good luck and hope it all goes smoothly for you.
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emma1420
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Post by emma1420 on May 6, 2017 12:53:23 GMT -5
I heard from her realtor. It's definitely under offer and it's a cash offer with the inspection waived. She closes at the end of June. Now she needs to find another house. At the very least she's in a very strong position as a buyer as she has such a strong deal on her house. The biggest issue is now is that nothing is up to her standards that she's seeing.
The fact she was selling in a hot market benefited her tremendously, but of course it's a major issue for her as a buyer. Her new price point is extremely low (it's less than half of what her home sold for), and she has unrealistic expectations at her price point. She wants a 2/3 bedroom condo with a finished basement (if it's only a two bedroom), and two bathrooms, with a HOA fee that is under $200 a month that includes all building maintaince, in a good area that is within a 20 minute drive of the hospital she goes to. She's also ruled out all foreclosures, anything under 1200 sq ft, anything that backs up to something undesirable (such as a highway, gas station, etc.), and anything that is more than 20 years old. If she had double the budget she could get what she wants. At her current budget she won't. I figure as her closing date gets closer and she realizes she will be homeless she'll be more interested in compromising.
She can't rent without a co-signer as her credit is horrendous and my aunt and I have both told her that she can only stay in our homes if she is under contract for another house and the move in day is within days. So she's pretty screwed if she doesn't find anything. But that is her choice.
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Wisconsin Beth
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Post by Wisconsin Beth on May 6, 2017 13:11:43 GMT -5
But it IS progress. Which me I for one an optimistic about her finding a new place.
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emma1420
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Post by emma1420 on May 6, 2017 13:17:44 GMT -5
But it IS progress. Which me I for one an optimistic about her finding a new place. It is. And she has options now. She just has to be willing to compromise, and if she doesn't, well the proceeds of her house will keep her in a motel 6 for a long time.
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emma1420
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Post by emma1420 on May 10, 2017 16:17:17 GMT -5
She put an offer in on a house. I've got my fingers and tossed crossed that it gets accepted. The market is brutal here for buyers in her price point (well and above), so I'm praying this offer gets accepted. She has made some compromises, primarily location and price (further out and more), but if her offer gets accepted it would be a perfect fit for her. And I think after the fixed costs (taxes, HOA, insurance, etc.) she would have enough money to get by each month if she's careful.
I see a light at the end of the tunnel. I hope that this is it!
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emma1420
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Post by emma1420 on May 11, 2017 15:42:07 GMT -5
She put an offer in on a house. I've got my fingers and tossed crossed that it gets accepted. The market is brutal here for buyers in her price point (well and above), so I'm praying this offer gets accepted. She has made some compromises, primarily location and price (further out and more), but if her offer gets accepted it would be a perfect fit for her. And I think after the fixed costs (taxes, HOA, insurance, etc.) she would have enough money to get by each month if she's careful. I see a light at the end of the tunnel. I hope that this is it! And she's under contract!!! It was a multiple offer situation, so i suspect that she won't have much left from the proceeds of her house, but she likes it and the monthly costs are reasonable (and it's very low maintenance). Even better she closes on one house on a Monday and closes on the new house on a Tuesday. I'm so relieved. She still needs to go through the inspection, but providing that all goes well, she's all set. Now, my biggest concern is that she doesn't try and get a reverse mortgage too quickly.
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Bonny
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Post by Bonny on May 11, 2017 16:00:09 GMT -5
She put an offer in on a house. I've got my fingers and tossed crossed that it gets accepted. The market is brutal here for buyers in her price point (well and above), so I'm praying this offer gets accepted. She has made some compromises, primarily location and price (further out and more), but if her offer gets accepted it would be a perfect fit for her. And I think after the fixed costs (taxes, HOA, insurance, etc.) she would have enough money to get by each month if she's careful. I see a light at the end of the tunnel. I hope that this is it! And she's under contract!!! It was a multiple offer situation, so i suspect that she won't have much left from the proceeds of her house, but she likes it and the monthly costs are reasonable (and it's very low maintenance). Even better she closes on one house on a Monday and closes on the new house on a Tuesday. I'm so relieved. She still needs to go through the inspection, but providing that all goes well, she's all set. Now, my biggest concern is that she doesn't try and get a reverse mortgage too quickly. Great news!
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emma1420
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Post by emma1420 on May 22, 2017 8:33:56 GMT -5
Ugh! So she had an inspection last week, which revealed some minor things, but nothing major. She is now thinking of backing out of the deal because the seller's won't make the repairs that she's asked for. Keeping in mind that this was a multiple bid situation and inventory in her price range is almost non-existent.
So now I get to wait on tender hooks to see if she's going to walk. And if she does? She's going to bail on the deal for her house and "stay put", despite the fact that I think eshe'll end up getting sued for breach of contract. I'm hoping that both the realtor and I can get her to see sense. Because the house she's under contract on is very nice, and I know she's indicated it was the nicest house she had seen so far.
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azucena
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Post by azucena on May 22, 2017 8:41:43 GMT -5
Ugh! So she had an inspection last week, which revealed some minor things, but nothing major. She is now thinking of backing out of the deal because the seller's won't make the repairs that she's asked for. Keeping in mind that this was a multiple bid situation and inventory in her price range is almost non-existent. So now I get to wait on tender hooks to see if she's going to walk. And if she does? She's going to bail on the deal for her house and "stay put", despite the fact that I think eshe'll end up getting sued for breach of contract. I'm hoping that both the realtor and I can get her to see sense. Because the house she's under contract on is very nice, and I know she's indicated it was the nicest house she had seen so far.
Crud! Hopefully the realtor can help her understand both contracts and keep her on track.
FWIW, the electrical panel is not up to code in our new house so we requested that it be replaced. Our realtor said even that is iffy about sellers getting fixed in this market because demand is so high. The city inspectors don't care if the seller fixes it; it's up to us before we can get occupancy permit.
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emma1420
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Post by emma1420 on May 22, 2017 13:06:18 GMT -5
Ugh! So she had an inspection last week, which revealed some minor things, but nothing major. She is now thinking of backing out of the deal because the seller's won't make the repairs that she's asked for. Keeping in mind that this was a multiple bid situation and inventory in her price range is almost non-existent. So now I get to wait on tender hooks to see if she's going to walk. And if she does? She's going to bail on the deal for her house and "stay put", despite the fact that I think eshe'll end up getting sued for breach of contract. I'm hoping that both the realtor and I can get her to see sense. Because the house she's under contract on is very nice, and I know she's indicated it was the nicest house she had seen so far.
Crud! Hopefully the realtor can help her understand both contracts and keep her on track.
FWIW, the electrical panel is not up to code in our new house so we requested that it be replaced. Our realtor said even that is iffy about sellers getting fixed in this market because demand is so high. The city inspectors don't care if the seller fixes it; it's up to us before we can get occupancy permit.
Well after much back-and-forth this morning my mother has decided to go ahead with the sale. I'm not sure if she was throwing a fit for attention or if she fails to understand how much of a seller's market it is these days. I suspect a bit of both. I think I'm going to be on edge a little until she is physically moved.
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mamasita99
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Post by mamasita99 on May 22, 2017 17:37:16 GMT -5
Crud! Hopefully the realtor can help her understand both contracts and keep her on track.
FWIW, the electrical panel is not up to code in our new house so we requested that it be replaced. Our realtor said even that is iffy about sellers getting fixed in this market because demand is so high. The city inspectors don't care if the seller fixes it; it's up to us before we can get occupancy permit.
Well after much back-and-forth this morning my mother has decided to go ahead with the sale. I'm not sure if she was throwing a fit for attention or if she fails to understand how much of a seller's market it is these days. I suspect a bit of both. I think I'm going to be on edge a little until she is physically moved. Hoping for smooth sales with both deals. It does sound like your mom enjoys having the "control" in the deals as everyone waits with held breath.
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emma1420
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Post by emma1420 on Jun 20, 2017 15:38:20 GMT -5
I think a last update...closings were yesterday and today. Moving truck came today (I'm at work, but I haven't received any panicked calls from the realtor or my mother so I'm taking that as a good sign that everything is occurring as it should).
Packing up her house was horrible. Despite the decluttering, she still multiples of so much stuff, but I figure if she wants to clutter up the new place she is welcome to do so. She's also busy planning on spending what proceeds she has from the sale of her old house that weren't used for the new house for things like furniture, new appliances, etc. I'm not very happy about it, as once the money is gone it's gone, but she's a grown up, and at least theoretically she should be able to live off her income now if she's careful.
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debthaven
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Post by debthaven on Jun 20, 2017 15:53:25 GMT -5
You must be so relieved Emma! I'm glad she's finally moving. I hope she maintains an affordable lifestyle and you can finally relax.
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zibazinski
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Post by zibazinski on Jun 20, 2017 20:56:29 GMT -5
I think we all held our breath along with you.
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emma1420
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Post by emma1420 on Jun 21, 2017 17:55:06 GMT -5
I think we all held our breath along with you. Thanks. Her pod gets delivered next week. It will be up to her if she unloads it or not. I went over today, and she had not unpacked anything. I spent most of the day unpacking boxes and cleaning out her old house. She watched me clean and then went shopping. So I'm definitely not going back when the Pod arrives. My job is done
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suesinfl
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Post by suesinfl on Jun 21, 2017 18:10:41 GMT -5
With her way of thinking(?), you have done more than enough. She can figure things out from here.
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