Misfitmorgan's Journal - That Summer Dust

[misfitmorgan]

I don't even know what to say. I have no idea what bureaucratic BS is "forcing" the "will not hold" in light of the facts and circumstances.

IF they decide to put the place back up after you miss your date NOT due to anything you have done wrong I guess you can make a "new" offer on the property. Who knows, since you are 1 meter from the finish line on the loan now, they might "reaccept" your offer? Can you talk to the current "owner" directly or are they behind a "firewall"?

I have to wonder about the $300/mo rent on the barn IF you pay for their feed AND make hay free?? That seems really bizarre. You have no way to know what your monthly expenses would be. They might decide their animals need to eat "filet mignon" every day instead of the cheap "Costco" stuff they get now.

I highly doubt they would accept another offer to buy from us but its an idea. I can not talk to the seller because it is a gobernment entity lol. They just see numbers and also if the place re-lists investment buyers/flippers can just offer cash on it. This house is seriously easily worth 150k or more with some cosmetic work and they know it and it is in a highly desirable area.

They only have 5 cows, 3 pigs and 4 goats so not a lot of livestock and they would be getting whatever ours get.

 

[Bruce]

Well 5 cows, 3 pigs and 4 goats DO eat! I suppose some of that is what you would be cutting and baling for "free". @TAH's family lives in a travel trailer in Seward, AK. You could do the same behind your friend's barn They won't even know you are there since after you move in they'll figure you can also feed their animals since you are already out there feeding your own.

 

[misfitmorgan]

We have already had that experience. We lived in a 1970s travel trailer in a quarry on someones property for the winter of 2015...only place we had to keep livestock and atm DH wasnt working so money was low.

 

[Bruce]

See, you already know you can do it for a time!

 

[misfitmorgan]

We only had poultry, 5 goats and our 3 dogs at the time. Around here they dont like when you do that and will send a letter after a few months demanding a occupancy permit or you have to leave the property. So it is a risk.

 

[TAH]

Well 5 cows, 3 pigs and 4 goats DO eat! I suppose some of that is what you would be cutting and baling for "free". @TAH's family lives in a travel trailer in Seward, AK. You could do the same behind your friend's barn They won't even know you are there since after you move in they'll figure you can also feed their animals since you are already out there feeding your own.

Bruce go read my post on my journal...Might shock you what we are doing!

 

[Bruce]

I just did! You can loan the trailer to @misfitmorgan

@misfitmorgan I don't plan for you to live in the trailer behind their barn forever, just until you get your own place. Either the one you are SUPPOSED to be buying now, or another even better place that pops up in a few weeks.

 

[misfitmorgan]

I'm pretty positive they wont let us live in a trailer behind their place....and we would need to buy the trailer.

 

[misfitmorgan]

THe one processor emailed me back....it was the processor not the underwriter i emailed...go me for paying attention lol. Anyhow she emailed me and said the underwriter still has some problems with the lease and our cash to close

So now i dont know if there is truely a problem with the apprasial or just a problem with the lease/cash to close still which i thought was sorted back on the 14th

I am calling her later today to see exactly what is needed and what is going on.

 

[Bruce]

You paid off the freaking lease EARLY to please the bank! At a high $$ cost to you!!
I really really want to slap someone in MI.