I hated having to upload this. I feel like I let y’all down! 😩 thank you for all the positive energy on my last video. I’m not sure what I’m going to do moving forward but as always I’ll bring y’all along the journey. Also! 2 days after I canceled the contract, the house was back on the market for $340,000 again and it immediately had an offer. It ended up selling for $331,000. So they must have found a buyer who could afford to pay over the appraisal ($320,000). 😞
First off I’m loving the transparency. You could’ve easily got on your channel and acted like you were living in the home. We wouldn’t have known. I appreciate this video! I’m sorry this happened to you. God has a better plan for you!! Things will work out for you ❤️ second off you did not let us down! I’m sure others appreciate you sharing so much as do I 💖
Thank you! Yes I always try to be as transparent as I can be. It just made me feel bad because I know y'all are watching and I have a bad habit of putting a lot of pressure on myself lol. But thank you and everyone else for all the support!! ❤
Boy, this is me. I bought a house that was too big for me and will probably lose it. Home maintenance is so expensive, and sometimes, we don't factor that in, thirty years after the sale. Think of this as a stroke of good luck to save you from heartache and pain.
Money should not trade hands before the inspection. That happened when I made an offer and in the state of Pennsylvania they call it hand money. Things moved swiftly after that. I thought they would have to return the money if the house failed inspection. Thankfully it passed. The first house I purchased 20 yrs. earlier I didn’t have to give, “hand money “. This must be something new they have come up with. The next time you try to buy a house have your realtor write an agreement with the sellers that if this house fails inspection they must return your money. Don’t give up and get a new realtor.
You didn't let us down. I feel like it's just as you said. This house just was not for you. Don't give up on the Process at all. It's a learning lesson. You know what to do and what to expect. And next time, go for exactly what you want!! Sending you hugs, because I know we were just as emotionally invested as you were💕
Hey love amazing transparency with these videos, I remember when we did not end up closing on our home due to not having the 3 months reserves. We too lost $$$$ wanted to have the keys in 2020 then had to start over waited a full year continued to tithe to God and surrendered the homebuying process to God and just closed on a home in 2021 days before Christmas the process was more peaceful way better area than the first home we thought we would have had. Don't give up ! Meditate on Philippians 4:19 ; Luke 6 : 38 ; Romans 8 : 28 Look at this as PROTECTION not a rejection. Remember to hearken to how God wants you to do the process, realtors are cool but you do have access to even more wisdom for your next offer it will work TRUST GOD He knows exactly what He is doing.
You may not see it now but your story is inspiring and strength is incredible. You are a force and there is a home out there for you. Hang in there sis, you aren’t letting anyone down! Stay up 😍
My heart truly goes out to you. Im a first time homebuyer and I’m in the home buying process as well and I just paid yesterday to have the appraisal ordered… even though this hurts I know that God is still working on your behalf. It hurts because you’ve lost money and you really want to be a homeowner but God has something better in store for you. A place where you don’t have to walk in and remodel to make it how you want it… your worth more than that and so is your money. I do hope that in present day things got better for you!
I just happened to see your previous video yesterday (without any prior knowledge of your channel) and was surprisingly shocked and affected when I saw this update video in my recommendations. This really sucks and I'm so sorry.
So sorry it didn’t work out. Glad you post these some weeks after it actually happened so you have some time to process it. Perhaps 2022 will be your year to find the place you love.
This is a blessing in a nasty box of feelings. God is shielding you from a home you can't afford and will be become a burden instead of a steppingstone to sucess. Keep up with what you are doing with YNAB and your budget and just keep piling up money until you are ready and the prefect one. I have a very similar experience when we were house hunting. We put our offer did due diligence there was major issues with septic system it was a lemon house. I am so happy it didn't go through trust me the right thing will happen just keep going. There is no hurry to get a home. Thank you for being so candid with everything you are going through. I will be your subscriber for long whole haul. I can't wait to see what God does in your life. He does all things for a purpose. Just treat that money lost as a down payment to freedom from a house that was not meant for you. Who know maybe you're not even meant to be where you are, and God keeps blocking these homes because your purpose is not in the location you want to be in, I would take a break and keep saving because your home is out there! I am happy looking back that we did get the other house. My husband ended up moving state to a different job 5 months later and we would have been stuck with a negative equity in that home. We ended going back to our first home that was rented out for 3 years. “'For I know the plans I have for you,' declares the Lord, 'plans to prosper you and not to harm you, plans to give you a hope and a future. '” - Jeremiah 29:11
Thank you so much I really needed to hear this! I trust that God’s plan is better than mine and it’s amazing how He works everything out for our good. You’re right, I’m not in any rush so I’ll keep saving and see where God takes me.
the way you described how from the start you felt like you were on a roller coaster and how going in to the house it wasn't exciting but more like "i can make it work".. THAT right there. i felt that too with a house and backed out because of it. now looking back, i am glad we did because we ended up finding a way better one. at the time things may seem grim, but trust GOD sees what we do not.. the future and he was actually saving you & me girl bet!
Thank you for this! Looking back, it was God's protection. I was not in love with that house and I would have been settling. Now I'm saving my money and waiting for the interest rates to come down. The next time I start my house search, I'm going to love what I buy. 😊
This process is hard, even when the cards align. Life changes so swiftly! Keep praying about it and rolling with it and you will find the perfect place for you and your needs.
And please please dont think u let us down because u dont, u are a single woman doing all this by urself, girl am sooooo proud of u👑👑👑👑❤❤❤❤❤🍾🍷🇯🇲🇯🇲🇯🇲🇯🇲🇯🇲
Take a deep breath, it will be ok! Just know this, if you don't have the extra money in the bank to pay for all this crap, the house may have been more of a burden than a joy, and you don't want that! Home maintenance and repairs are very expensive, for example the first week after I closed on my house I found out the wax ring on the toilet had been leaking for some time. It cost 1200.00, and I hadn't even moved in yet, but it was ok because I had that money in the bank! The market is finally starting to calm down, so maybe this was a blessing, and you will find the right house that will work financially for you. You need to LOVE the house you are going to buy, don't settle on a home, EVER! Last peace of advice, and then I will get off my soap box; Don't rush to do all of the repairs and improvements you want too, take your time (unless it's an urgent repair like my toilet issue was), NEVER SKIP THE INSPECTION, have LOTS of money saved in the bank, beyond what you need for closing costs, and do one thing at a time, AND NEVER EVER GO INTO DEBT FOR A HOME IMPROVEMENT PROJECT, pay cash only!! Stay out of debt period, live within your means! I have been in my house for almost six years, I have slowly done work and updating, each year I save money and do one large project a year, and that has worked well. I have done the driveway (8K), Bathroom (5K), New flooring/paint in the finished basement (6K), new paint in the main living area (1500, I would have done this myself, but the ceilings are vaulted and too high), new granite front steps (4K), new deck, which had to be done as the old one was falling off the house (11K). This is just a sample of the cost of home ownership, it isn't cheap. I have to get a new oil tank this year, and the price tag on that will be 2.5K. My point is if you cannot afford the expenses don't buy a house. Don't look at this as a sad situation, or a curse, look at it as a blessing, the universe saved you from a possible disaster!
Thank you for being so open. I definitely can relate as I’m currently waiting for the appraisal. I’m basically saying to myself that what is meant for me, will not pass me by.
I had a similar issue with the home I purchased. In how competitive this market is, I put in an offer $10k over asking. The appraisal came in 10k lower but even with that the bank did not want to accept that appraisal and requested another appraisal which dropped the value another $13k. We were able to negotiate with the seller and paid $3k over the new appraised price. Before that I had put in three other offers that fell through. It has been tough but like you said, if it was for you, it would have worked out. You took a hit but God may have protected you from so much more and what He eventually gives you will be so much greater. Hang in there!
Ask your realtor about the market in your area and see if next time you put in an offer that you can put the appraisal clause in there so that they can’t expect you to pay more than appraised value prior to accepting the offer. It will do 2 things: save you from due diligence costs and other associated teams. It may make your file less favorable but the right seller will understand.
Thanks for sharing. My husband and I have been in the same boat trying to do everything right and it still not working out for you in the end. It can make you feel like your a failure. But you are never a failure for going after your dreams even if they don’t work out. Like you said you take something positive away from the experience and you learn from it and move on. I wish you the best in your journey and just know you will get to where you want to be in the end.
I hope you can see from all these messages that we are all sending you a big hug! I know it hurt but I promise you will one day look back and be so relieved you didn't get that house. It's not the same but I was on the cusp of having everything I wanted and then a brain tumor caused me to lose my business, money and the life I had worked so hard to build. But just like I am rebuilding, you can too. Until then, we are all here supporting you, cheering you on and sending you a hug! ❤️❤️❤️
Thank you so much for this video for being so transparent. You will have your home that is for you in God's time. I have been putting offers 5 actually and been turn down. I think God will put me in the home that is meant for me and my family. Pls don't give up. Huggs
Aww I’m so sorry that happened. That is a lot of money to be out of. I’m over here crying with you. You didn’t let us down at all. I feel like you settled for this house and it was not what you LOVED. It was more what what you could work with. You may have to save more and up your budget to buy a house since the market is so competitive right now. The right house is out there for you and you will LOVE IT. Don’t settle. Chin up. Pray and wait for God to guide and lead you.
Girl! I feel you! We are all here with you! I completely understand your frustration! Its this crazy market! Wait for your dream home. There is no rush. You wanna LOVE your home. Don't let this knock you down! Just be patient and the home will come to you 😊😊😊
I am so sorry you had to experience this. I am a true believer that what God has for you will be for you. I believe that God's favor will be bestowed upon you sooner rather than later. Get ready for HIM to turn this setback into a comeback. 🙏🏽🙌🏽
I'm a little late but I'm a new subscriber. This reminded me of when I was looking for a house. My first offer I walked away from. I didn't lose as much as you but it still sucked. After the inspection I just had a bad feeling about the house and I couldn't get rid of it. I read somewhere that you have to be at peace with your choice. I couldn't find peace with that house so I stopped the process. I'm glad I did even though it cost me a lot of money. You said in your video you where not happy after you made the offer. That is a sign that something is wrong. Maybe this was for the best. I eventually found a great house that I never once regretted. I hope you find that too
You definitely made the right decision (no matter how much the gap) to not pay more for a house than it appraised for, unless you are Warren Buffett. I know it's painful to lose that due diligence money. You are a good steward of your money, so don't doubt that more will flow to you!!!
That is just how it is. I was taken on a journey by a seller who accepted my offer and then started to do some really shady things and things fell through. Ultimately I did get a house and I truly believe I am much better off here than I would have been there. Its a roller coaster but once its done you'll love your new home even more. Best of luck!
It’s crazy how sellers get away with these things smh. But I’m glad it all worked out for you in the end! And thank you, I’m hoping and praying I’ll get something even better!
You did not let us down. You are allowing us in to witness a very big life decision for you. If you enjoy your apartment and it's a place you feel comfortable living for a while longer, you can give yourself a break. The housing market is insane right now. I'll continue to follow your page. Have you considered doing videos about other passions you have about financial saving, independence and being a young professional?
I echo the many other comments expressing how sorry we are that the process didn’t go through for you as planned and for the money loss. Do not give up on your goal, do replenish your funds and most of all replenish your energy. The house for you will fill you with immeasurable happiness, enough to fade this disappointing experience. Thank you for sharing with us along the way; I am learning so much about the journey. Sending virtual hugs to you girlie.
Thats hella f*****! We learn everyday. Don't give up, I'm following your journey. As I want to be a homeowner...soon or someday lol I learned a lot with your videos alone
Thank you for your transparency and for being so open to sharing this journey. You will be blessed with the house that is perfect for you! It is coming, if you don’t already have it. What’s for you, cannot be taken away ❤️. Also, this is really helpful for me to know, as I have my head in the clouds since this will also be my first time buying a house.
I'm sorry that the house fell through. I lost a house in December as well so I definitely understand. I feel that our situations are very similar. I had buyer's remorse as well and canceled the contract due to the home needing $16,000 in required repairs. This is definitely a learning process and I know that there is something better for you in the future. Does your state allow you to include an appraisal contingency in the contract so you don't lose your money in the future?
Wow I hate that that happened to you. But I hope that the answer to your prayer gives you some peace. We are getting the home that our offer was accepted on appraised tomorrow and this is the exact reason we have told very few people we are even in the process of selling our current and buying a new home.
Hey mama am not gonna say i know how u feel but what i do know is God got u sis you gonna get better ok, sorry for all the money u lost but it will be replace and you will be getting a better house and offer, stay bless nuff love🥰🥰🥰🥰🥰🇯🇲🇯🇲🇯🇲🇯🇲🇯🇲
I hate this had to happen to you 😞 the whole buying process is such a big overwhelming ordeal . I’ve just started watching your videos and I know it turned out in your favor at the end ! 🙌🏾🙌🏾🙌🏾🙌🏾
Shame on your realtor. She did not look out for you. I bought my first home in 2021. My realtor was a G. He showed me how homes were overpriced and talked me off the ledge in buying homes not worth the money even though I could afford it. That realtor didn’t look out for you at all as this is your first time through the process. Hind sight you lucked out. You don’t want to be under water on a home. You wouldn’t any liquidity out of it. You super lucked out. You gotta be at peace with a home purchase. You gotta be ready.
This is horrible! The seller should give you some of that money back. I know it's their legal right to keep the money but that doesn't make it right. Me and my boyfriend are under contract with $5k earnest money down. We are extremely nervous. 🙏🏽
Sorry to hear that you lost your house. you shouldnt buy a house if youre budget is tight. You always need to have an emergency fund set aside, fund for moving and fund for unexpected expenses for the house.
They that wait upon the Lord, shall renew their strength....GOD will give you DOUBLE FOR YOUR TROUBLE!...keep your hope in God... I know this wasn't easy nor is it your end. You're going to be ssssoooooo surprised in the real end! IT WILL HAPPEN FOR YOU!🙏🏾🙏🏾🙏🏾❤️❤️❤️
This only means that it's not the right home for you is not the right time like you said before you ask God so trust that. Everything is gonna be great you did great you know the format now just take your time. Maybe your home will be in a different state a different city. Keep your head up stay positive. That situation seems more like a scam the they already know that the house wouldn't be worth that but they know once they get the down payment and it's their money. They may do that to a lot of people. The housing market should be better soon You now also have experience so you can look at these places With an experience eye And kind of know if it's too much for what they're selling it for and what it's gonna appraise for.💚💚👊🏽👊🏽
Thank you, yes i'm taking it all as a learning experience and I'm going to be so prepared the next time I try to buy. It definitely felt like a scam smh. They were one of those online home buying companies like Zillow. But thanks again for the kind words.
Thanks so much for sharing this. Not many people share the struggles of their house buying journey. Your transparency is appreciated. You will find and buy the house of your dreams in Jesus's name.
I'm sorry you lost the house. I would had a real estate attorney working with me on that, esp being a first time homebuyer. This market has been crazy. This was probably not the house meant for you. Your spirit told you that after your offer was accepted but you pushed forward anyway. Listen to your instinct. The house meant for you is still out there. It'll come.
Thanks for sharing your journey. Since this happened a while ago, I hope you’re in a better place. So sorry this situation was a difficult one but you will find the right house for you. I started watching your videos when you were house hunting and when you explained your financial reserves, I was wondering if you were putting a lot of pressure on yourself to find something somewhat prematurely. Considering you’re not planning to put any money down and your reserves seem to be low, you could be putting yourself in a very stressful position in the future, especially considering the non-refundable due diligence monies involved in this closing. Have you considered waiting until you have 6-12 months expenses saved? You would probably feel more confident about the whole experience. Good luck to you!
Thank you yes I am in a better mindset now! And that’s a good thing to consider. I currently have a 3-6 emergency savings plus the money for down payment/ closing costs. But I know once I’m a homeowner I’m liable for everything so it wouldn’t hurt to have more saved!
I'm sorry this happened to you. But I just sold my house in Florida, and as a seller I will tell you that sellers always list their houses for more than they actually want. That leaves room for negotiation. I would never, under no circumstance, offer more than the seller is asking.
Your agent should have written an appraisal contingency into your contract, and then you would have been able to get your money back! Change real estate agents, just my opinion!
First off you didn’t let anyone down. You don’t want to be stuck in a home you don’t absolutely love. Sellers are so greedy right now. When does your lease end? Are you able to save your $7000 back up before then?
Hi, as a Realtor, I am having a hard time seeing why you lost your money. Did you not have a financial contingency in place? If the bank is not willing to pay for the home, then you can't get the home. You were not supposed to leave your money. The only thing I can think of is you guys let the contingency run out.
God has something better in store for you In his timing! A beautiful home that you is going to love and not have to remodel it. All things is possible with God!
To complete the deal, you should have borrowed from family or friends or taken out a personal loan of $25000. Only $7000 difference? the deal should have gone through.
That home was not for you. God has one with your name on it and He will guide you to it in due time. It sounds like you been doing what you need to do and He will bless you because of it. It’s coming and when it gets here, it will be awesome!!! 🙏🏾🙏🏾🙏🏾
It's okay hun, if you are a Christian, you would know that home wasn't meant to be. The Lord has something better in store for you. Be patient and trust in God with all of your heart. You will eventually get what you want in God's timing. Blessings.
This is partially your real estate agent fault too for not advising you better, ultimately it's up to the buyer if you want to offer more than asking but your agent should also run the comps tax records etc and know that the price it's listed for is way higher than what it's actually worth. This is pretty typical though sometimes the appraisal comes in a little bit lower, but that big of a difference I would walk away too because you're gonna already start out with negative equity in the home. Most sellers when the appraisal comes in that much lower they will work with the buyer especially if it's an FHA or VA loan because that appraisal then is locked in with that property for a while. But unfortunately, they may have had other offers and somebody else would be willing to come in a little bit higher.
I’m new to all this but if the house is worth 320k I ain’t got no business paying more than what it’s worth. Shoot that extra money better have that all other stuff in the house fixed up to be worth 340k lol. But yes adulting is something. I’m still adulting like that one girl said, “why I gotta register the car again? We do that every year? Why?! Why do I need to pay money again I already registered the car” lol. But anyways you’ll get the one you want. God knows what you want keep praying keep asking for guidance once he implants his plan it’s better than what we wanted.
I don’t think sellers should be able to accept buyers due diligence until they are honest with the buyer about the appraisal and what’s it’s worth. Not telling buyers this upfront but taking their money is bullshit.
I hated having to upload this. I feel like I let y’all down! 😩 thank you for all the positive energy on my last video. I’m not sure what I’m going to do moving forward but as always I’ll bring y’all along the journey.
Also! 2 days after I canceled the contract, the house was back on the market for $340,000 again and it immediately had an offer. It ended up selling for $331,000. So they must have found a buyer who could afford to pay over the appraisal ($320,000). 😞
First off I’m loving the transparency. You could’ve easily got on your channel and acted like you were living in the home. We wouldn’t have known. I appreciate this video!
I’m sorry this happened to you. God has a better plan for you!!
Things will work out for you ❤️ second off you did not let us down! I’m sure others appreciate you sharing so much as do I 💖
Stop being fake!!!😂😂😂
Thank you! Yes I always try to be as transparent as I can be. It just made me feel bad because I know y'all are watching and I have a bad habit of putting a lot of pressure on myself lol. But thank you and everyone else for all the support!! ❤
God has something much better in store for you ma’am. Keep looking. The home He has for you is coming.
Boy, this is me. I bought a house that was too big for me and will probably lose it. Home maintenance is so expensive, and sometimes, we don't factor that in, thirty years after the sale.
Think of this as a stroke of good luck to save you from heartache and pain.
Money should not trade hands before the inspection. That happened when I made an offer and in the state of Pennsylvania they call it hand money. Things moved swiftly after that. I thought they would have to return the money if the house failed inspection. Thankfully it passed. The first house I purchased 20 yrs. earlier I didn’t have to give, “hand money “. This must be something new they have come up with. The next time you try to buy a house have your realtor write an agreement with the sellers that if this house fails inspection they must return your money. Don’t give up and get a new realtor.
smmas by agents realtor associations and sellers..i seen enough on my end to know this
You didn't let us down. I feel like it's just as you said. This house just was not for you. Don't give up on the Process at all. It's a learning lesson. You know what to do and what to expect. And next time, go for exactly what you want!! Sending you hugs, because I know we were just as emotionally invested as you were💕
*Beware of TH-cam scammers*
🎹🎻💸
Hey love amazing transparency with these videos, I remember when we did not end up closing on our home due to not having the 3 months reserves. We too lost $$$$ wanted to have the keys in 2020 then had to start over waited a full year continued to tithe to God and surrendered the homebuying process to God and just closed on a home in 2021 days before Christmas the process was more peaceful way better area than the first home we thought we would have had. Don't give up ! Meditate on Philippians 4:19 ; Luke 6 : 38 ; Romans 8 : 28 Look at this as PROTECTION not a rejection. Remember to hearken to how God wants you to do the process, realtors are cool but you do have access to even more wisdom for your next offer it will work TRUST GOD He knows exactly what He is doing.
Thank you!! Your story is an amazing testimony of trusting God’s timing! 🙏🏼
You may not see it now but your story is inspiring and strength is incredible. You are a force and there is a home out there for you. Hang in there sis, you aren’t letting anyone down! Stay up 😍
Wow, thank you!! 😩
You so dope for this! This is real life! Thank you so much being authentic and transparent
Thank you. I appreciate it!
My heart truly goes out to you. Im a first time homebuyer and I’m in the home buying process as well and I just paid yesterday to have the appraisal ordered… even though this hurts I know that God is still working on your behalf. It hurts because you’ve lost money and you really want to be a homeowner but God has something better in store for you. A place where you don’t have to walk in and remodel to make it how you want it… your worth more than that and so is your money. I do hope that in present day things got better for you!
I just happened to see your previous video yesterday (without any prior knowledge of your channel) and was surprisingly shocked and affected when I saw this update video in my recommendations. This really sucks and I'm so sorry.
I’m sorry you were introduced to my channel that way, I’m sure it was shocking! But I’m feeling better about things now and the journey continues! ☝🏼
So sorry it didn’t work out. Glad you post these some weeks after it actually happened so you have some time to process it. Perhaps 2022 will be your year to find the place you love.
This is a blessing in a nasty box of feelings. God is shielding you from a home you can't afford and will be become a burden instead of a steppingstone to sucess. Keep up with what you are doing with YNAB and your budget and just keep piling up money until you are ready and the prefect one. I have a very similar experience when we were house hunting. We put our offer did due diligence there was major issues with septic system it was a lemon house. I am so happy it didn't go through trust me the right thing will happen just keep going. There is no hurry to get a home. Thank you for being so candid with everything you are going through. I will be your subscriber for long whole haul. I can't wait to see what God does in your life. He does all things for a purpose. Just treat that money lost as a down payment to freedom from a house that was not meant for you. Who know maybe you're not even meant to be where you are, and God keeps blocking these homes because your purpose is not in the location you want to be in, I would take a break and keep saving because your home is out there! I am happy looking back that we did get the other house. My husband ended up moving state to a different job 5 months later and we would have been stuck with a negative equity in that home. We ended going back to our first home that was rented out for 3 years. “'For I know the plans I have for you,' declares the Lord, 'plans to prosper you and not to harm you, plans to give you a hope and a future. '” - Jeremiah 29:11
Thank you so much I really needed to hear this! I trust that God’s plan is better than mine and it’s amazing how He works everything out for our good. You’re right, I’m not in any rush so I’ll keep saving and see where God takes me.
Amen 🙏🏾
the way you described how from the start you felt like you were on a roller coaster and how going in to the house it wasn't exciting but more like "i can make it work".. THAT right there. i felt that too with a house and backed out because of it. now looking back, i am glad we did because we ended up finding a way better one. at the time things may seem grim, but trust GOD sees what we do not.. the future and he was actually saving you & me girl bet!
Thank you for this! Looking back, it was God's protection. I was not in love with that house and I would have been settling. Now I'm saving my money and waiting for the interest rates to come down. The next time I start my house search, I'm going to love what I buy. 😊
This process is hard, even when the cards align. Life changes so swiftly! Keep praying about it and rolling with it and you will find the perfect place for you and your needs.
Thank you so much Janella!! 🙏🏼
Prayers for you! God always has something better around the corner!
Thank you!! I'm trusting His plan! 🙏🏼
You'll recover double for your trouble friend. Lesson learned and lesson bought 🙏🏾
And please please dont think u let us down because u dont, u are a single woman doing all this by urself, girl am sooooo proud of u👑👑👑👑❤❤❤❤❤🍾🍷🇯🇲🇯🇲🇯🇲🇯🇲🇯🇲
Take a deep breath, it will be ok! Just know this, if you don't have the extra money in the bank to pay for all this crap, the house may have been more of a burden than a joy, and you don't want that! Home maintenance and repairs are very expensive, for example the first week after I closed on my house I found out the wax ring on the toilet had been leaking for some time. It cost 1200.00, and I hadn't even moved in yet, but it was ok because I had that money in the bank! The market is finally starting to calm down, so maybe this was a blessing, and you will find the right house that will work financially for you. You need to LOVE the house you are going to buy, don't settle on a home, EVER! Last peace of advice, and then I will get off my soap box; Don't rush to do all of the repairs and improvements you want too, take your time (unless it's an urgent repair like my toilet issue was), NEVER SKIP THE INSPECTION, have LOTS of money saved in the bank, beyond what you need for closing costs, and do one thing at a time, AND NEVER EVER GO INTO DEBT FOR A HOME IMPROVEMENT PROJECT, pay cash only!! Stay out of debt period, live within your means! I have been in my house for almost six years, I have slowly done work and updating, each year I save money and do one large project a year, and that has worked well. I have done the driveway (8K), Bathroom (5K), New flooring/paint in the finished basement (6K), new paint in the main living area (1500, I would have done this myself, but the ceilings are vaulted and too high), new granite front steps (4K), new deck, which had to be done as the old one was falling off the house (11K). This is just a sample of the cost of home ownership, it isn't cheap. I have to get a new oil tank this year, and the price tag on that will be 2.5K. My point is if you cannot afford the expenses don't buy a house. Don't look at this as a sad situation, or a curse, look at it as a blessing, the universe saved you from a possible disaster!
Thank you for being so open. I definitely can relate as I’m currently waiting for the appraisal. I’m basically saying to myself that what is meant for me, will not pass me by.
I had a similar issue with the home I purchased. In how competitive this market is, I put in an offer $10k over asking. The appraisal came in 10k lower but even with that the bank did not want to accept that appraisal and requested another appraisal which dropped the value another $13k. We were able to negotiate with the seller and paid $3k over the new appraised price. Before that I had put in three other offers that fell through. It has been tough but like you said, if it was for you, it would have worked out. You took a hit but God may have protected you from so much more and what He eventually gives you will be so much greater. Hang in there!
Ask your realtor about the market in your area and see if next time you put in an offer that you can put the appraisal clause in there so that they can’t expect you to pay more than appraised value prior to accepting the offer. It will do 2 things: save you from due diligence costs and other associated teams. It may make your file less favorable but the right seller will understand.
Thanks for sharing. My husband and I have been in the same boat trying to do everything right and it still not working out for you in the end. It can make you feel like your a failure. But you are never a failure for going after your dreams even if they don’t work out. Like you said you take something positive away from the experience and you learn from it and move on. I wish you the best in your journey and just know you will get to where you want to be in the end.
I hope you can see from all these messages that we are all sending you a big hug! I know it hurt but I promise you will one day look back and be so relieved you didn't get that house. It's not the same but I was on the cusp of having everything I wanted and then a brain tumor caused me to lose my business, money and the life I had worked so hard to build. But just like I am rebuilding, you can too. Until then, we are all here supporting you, cheering you on and sending you a hug! ❤️❤️❤️
Wish you the best!
Thank you so much for this video for being so transparent. You will have your home that is for you in God's time. I have been putting offers 5 actually and been turn down. I think God will put me in the home that is meant for me and my family. Pls don't give up. Huggs
Virtual hugs…praying that God bless you with the house that is just right for you. ❤️
Aww I’m so sorry that happened. That is a lot of money to be out of. I’m over here crying with you. You didn’t let us down at all. I feel like you settled for this house and it was not what you LOVED. It was more what what you could work with. You may have to save more and up your budget to buy a house since the market is so competitive right now. The right house is out there for you and you will LOVE IT. Don’t settle. Chin up. Pray and wait for God to guide and lead you.
Girl! I feel you! We are all here with you! I completely understand your frustration! Its this crazy market! Wait for your dream home. There is no rush. You wanna LOVE your home. Don't let this knock you down! Just be patient and the home will come to you 😊😊😊
Thank you so much!! You're right, I want to love whatever I buy.
I am so sorry you had to experience this. I am a true believer that what God has for you will be for you. I believe that God's favor will be bestowed upon you sooner rather than later. Get ready for HIM to turn this setback into a comeback. 🙏🏽🙌🏽
Everything is going to be ok god is going to see you through what’s for you is for you
Thank you!!
Sorry to hear the sad news! I hope everything works out in the end!
I'm a little late but I'm a new subscriber. This reminded me of when I was looking for a house. My first offer I walked away from. I didn't lose as much as you but it still sucked. After the inspection I just had a bad feeling about the house and I couldn't get rid of it. I read somewhere that you have to be at peace with your choice. I couldn't find peace with that house so I stopped the process. I'm glad I did even though it cost me a lot of money. You said in your video you where not happy after you made the offer. That is a sign that something is wrong. Maybe this was for the best. I eventually found a great house that I never once regretted. I hope you find that too
You definitely made the right decision (no matter how much the gap) to not pay more for a house than it appraised for, unless you are Warren Buffett. I know it's painful to lose that due diligence money. You are a good steward of your money, so don't doubt that more will flow to you!!!
Thank you!! My realtor wanted me to continue with the sell but it just didn't sit well with me.
That is just how it is. I was taken on a journey by a seller who accepted my offer and then started to do some really shady things and things fell through. Ultimately I did get a house and I truly believe I am much better off here than I would have been there. Its a roller coaster but once its done you'll love your new home even more. Best of luck!
It’s crazy how sellers get away with these things smh. But I’m glad it all worked out for you in the end! And thank you, I’m hoping and praying I’ll get something even better!
Thanks for sharing. Don’t worry, you’ll find your new home soon.
You did not let us down. You are allowing us in to witness a very big life decision for you. If you enjoy your apartment and it's a place you feel comfortable living for a while longer, you can give yourself a break. The housing market is insane right now. I'll continue to follow your page. Have you considered doing videos about other passions you have about financial saving, independence and being a young professional?
I’m sorry this happened. Please stay encouraged because you have encouraged me on my home buying journey. ❤️
Thank you! ❤ I'm still moving forward and I'm happy you've been encouraged by the journey!
I echo the many other comments expressing how sorry we are that the process didn’t go through for you as planned and for the money loss. Do not give up on your goal, do replenish your funds and most of all replenish your energy. The house for you will fill you with immeasurable happiness, enough to fade this disappointing experience.
Thank you for sharing with us along the way; I am learning so much about the journey. Sending virtual hugs to you girlie.
Great words.
Thats hella f*****! We learn everyday. Don't give up, I'm following your journey. As I want to be a homeowner...soon or someday lol I learned a lot with your videos alone
I’m glad my videos are helping! We’re both going to make it one day! 🙏🏼💪🏼
I’m praying that God shows you exactly where you are meant to be. The perfect house is out there for you. Have a blessed day 😊
Thank you for your transparency and for being so open to sharing this journey. You will be blessed with the house that is perfect for you! It is coming, if you don’t already have it. What’s for you, cannot be taken away ❤️. Also, this is really helpful for me to know, as I have my head in the clouds since this will also be my first time buying a house.
oh that sucks!! I'm so sorry that you had to go through that.
I'm sorry that the house fell through. I lost a house in December as well so I definitely understand. I feel that our situations are very similar. I had buyer's remorse as well and canceled the contract due to the home needing $16,000 in required repairs.
This is definitely a learning process and I know that there is something better for you in the future. Does your state allow you to include an appraisal contingency in the contract so you don't lose your money in the future?
I like that appraisal contingency idea. Definitely something to look into before starting the journey again!
Wow I hate that that happened to you. But I hope that the answer to your prayer gives you some peace. We are getting the home that our offer was accepted on appraised tomorrow and this is the exact reason we have told very few people we are even in the process of selling our current and buying a new home.
sending you good vibes! thank you for sharing your journey & the perfect house is out there for you :)
Thank you so much!!
Hey mama am not gonna say i know how u feel but what i do know is God got u sis you gonna get better ok, sorry for all the money u lost but it will be replace and you will be getting a better house and offer, stay bless nuff love🥰🥰🥰🥰🥰🇯🇲🇯🇲🇯🇲🇯🇲🇯🇲
I hate this had to happen to you 😞 the whole buying process is such a big overwhelming ordeal . I’ve just started watching your videos and I know it turned out in your favor at the end ! 🙌🏾🙌🏾🙌🏾🙌🏾
I am so sorry many blessings to you in the futurr
thank you!
Shame on your realtor. She did not look out for you. I bought my first home in 2021. My realtor was a G. He showed me how homes were overpriced and talked me off the ledge in buying homes not worth the money even though I could afford it. That realtor didn’t look out for you at all as this is your first time through the process.
Hind sight you lucked out. You don’t want to be under water on a home. You wouldn’t any liquidity out of it. You super lucked out. You gotta be at peace with a home purchase. You gotta be ready.
This is horrible! The seller should give you some of that money back. I know it's their legal right to keep the money but that doesn't make it right. Me and my boyfriend are under contract with $5k earnest money down. We are extremely nervous. 🙏🏽
Sorry to hear that you lost your house. you shouldnt buy a house if youre budget is tight. You always need to have an emergency fund set aside, fund for moving and fund for unexpected expenses for the house.
They that wait upon the Lord, shall renew their strength....GOD will give you DOUBLE FOR YOUR TROUBLE!...keep your hope in God... I know this wasn't easy nor is it your end. You're going to be ssssoooooo surprised in the real end! IT WILL HAPPEN FOR YOU!🙏🏾🙏🏾🙏🏾❤️❤️❤️
Thank you so much!! ❤😊
You still made it because this was a learning experience.
yes, a lesson learned for sure!
This only means that it's not the right home for you is not the right time like you said before you ask God so trust that. Everything is gonna be great you did great you know the format now just take your time. Maybe your home will be in a different state a different city. Keep your head up stay positive. That situation seems more like a scam the they already know that the house wouldn't be worth that but they know once they get the down payment and it's their money. They may do that to a lot of people. The housing market should be better soon You now also have experience so you can look at these places With an experience eye And kind of know if it's too much for what they're selling it for and what it's gonna appraise for.💚💚👊🏽👊🏽
Thank you, yes i'm taking it all as a learning experience and I'm going to be so prepared the next time I try to buy. It definitely felt like a scam smh. They were one of those online home buying companies like Zillow. But thanks again for the kind words.
Thanks so much for sharing this. Not many people share the struggles of their house buying journey. Your transparency is appreciated. You will find and buy the house of your dreams in Jesus's name.
Thank you!! Home buying isn't easy so I gotta share the highs and lows. I praying and believing it'll all work out in the end.
NC is like that the due diligence
I'm sorry you lost the house. I would had a real estate attorney working with me on that, esp being a first time homebuyer. This market has been crazy. This was probably not the house meant for you. Your spirit told you that after your offer was accepted but you pushed forward anyway. Listen to your instinct. The house meant for you is still out there. It'll come.
Thanks for sharing your journey. Since this happened a while ago, I hope you’re in a better place. So sorry this situation was a difficult one but you will find the right house for you. I started watching your videos when you were house hunting and when you explained your financial reserves, I was wondering if you were putting a lot of pressure on yourself to find something somewhat prematurely. Considering you’re not planning to put any money down and your reserves seem to be low, you could be putting yourself in a very stressful position in the future, especially considering the non-refundable due diligence monies involved in this closing. Have you considered waiting until you have 6-12 months expenses saved? You would probably feel more confident about the whole experience. Good luck to you!
Thank you yes I am in a better mindset now! And that’s a good thing to consider. I currently have a 3-6 emergency savings plus the money for down payment/ closing costs. But I know once I’m a homeowner I’m liable for everything so it wouldn’t hurt to have more saved!
I'm sorry this happened to you. But I just sold my house in Florida, and as a seller I will tell you that sellers always list their houses for more than they actually want. That leaves room for negotiation. I would never, under no circumstance, offer more than the seller is asking.
Your agent should have written an appraisal contingency into your contract, and then you would have been able to get your money back! Change real estate agents, just my opinion!
My realtor at the time said if I did the appraisal contingency, that my offer wouldn't be competitive enough... lesson learned!!
First off you didn’t let anyone down. You don’t want to be stuck in a home you don’t absolutely love. Sellers are so greedy right now. When does your lease end? Are you able to save your $7000 back up before then?
Right
The house for you will speak to you the moment you walk through the door.
Yes I agree with that now!
Sounds like you learned a great lesson
God give her strength
Hi, as a Realtor, I am having a hard time seeing why you lost your money. Did you not have a financial contingency in place? If the bank is not willing to pay for the home, then you can't get the home. You were not supposed to leave your money. The only thing I can think of is you guys let the contingency run out.
God has something better in store for you In his timing! A beautiful home that you is going to love and not have to remodel it. All things is possible with God!
Thank you yes I agree! He’s going to work it out and the right house for me is out there.
No appraisal contingency?
shouldnt the due diligence go towards the price of the house at that point. So the it would be 329k - 5k DD should have been lower.
There’s just some parts of buying a home that seem like a scam to me
To complete the deal, you should have borrowed from family or friends or taken out a personal loan of $25000. Only $7000 difference? the deal should have gone through.
Black Girl Magic. You are Amazing.
Losing 6K in a heartbeat is def magic, I'll give you that.
🙏🏼 🙏🏼
That home was not for you. God has one with your name on it and He will guide you to it in due time. It sounds like you been doing what you need to do and He will bless you because of it. It’s coming and when it gets here, it will be awesome!!! 🙏🏾🙏🏾🙏🏾
Houses are made for banks not for people.
It's okay hun, if you are a Christian, you would know that home wasn't meant to be. The Lord has something better in store for you. Be patient and trust in God with all of your heart. You will eventually get what you want in God's timing. Blessings.
God is going to amaze you with what’s next in your life. Oh He knows what He’s doing baby.
Thank you!! 🙏
This is partially your real estate agent fault too for not advising you better, ultimately it's up to the buyer if you want to offer more than asking but your agent should also run the comps tax records etc and know that the price it's listed for is way higher than what it's actually worth. This is pretty typical though sometimes the appraisal comes in a little bit lower, but that big of a difference I would walk away too because you're gonna already start out with negative equity in the home. Most sellers when the appraisal comes in that much lower they will work with the buyer especially if it's an FHA or VA loan because that appraisal then is locked in with that property for a while. But unfortunately, they may have had other offers and somebody else would be willing to come in a little bit higher.
You could build a home honestly can be a cheaper route
That’s something I’m considering now!
I’m new to all this but if the house is worth 320k I ain’t got no business paying more than what it’s worth. Shoot that extra money better have that all other stuff in the house fixed up to be worth 340k lol. But yes adulting is something. I’m still adulting like that one girl said, “why I gotta register the car again? We do that every year? Why?! Why do I need to pay money again I already registered the car” lol. But anyways you’ll get the one you want. God knows what you want keep praying keep asking for guidance once he implants his plan it’s better than what we wanted.
You’ll get your house soon.
Thank you!
Blame the sales person
I meant the agent for her mistakes and
take it as a learning experience
It wasn't your house. If a house 🏠 makes you poor, it isn't yours. Things will work out!
*If you can't afford to save 20% for the down payment , the closing cost and have 6+ months of emergency funds in the bank, you can't afford the home*
Sounds like the seller was being greedy, thats not right. What the seller did to you. You gave them money to accept your offer
This is awful. Did your realtor tell you before hand that this could happen?
She did tell me but she thought it would appraise at the offer value based on similar homes in the area. 🤷🏽♀️😔
I don’t think sellers should be able to accept buyers due diligence until they are honest with the buyer about the appraisal and what’s it’s worth. Not telling buyers this upfront but taking their money is bullshit.
Yup!!
To be honest it sounds like a scam in regards to the State you live in. So sorry to here about your situation.
house fever did not go well after a shower.
£!f3&#z how about living with the guy of your dreams ?
They scam u
You dodged a bullet.. buy again after housing market crashes
thanks, whenever that happens i'm going on the opportunity