Share your home buying horror stories!

[shootingstar]

Sounds as if one has to sell a house and then shortly, take possession and move into newly bought home, it gets complicated. I haven't been in that position yet.

I dealt directly with bank's mortgage dept. I've never dealt with third party mortgage companies. Things may be slightly different in Canada. The terrible US economic crash that we in Canada, read about bad mortgages or whatever the companies structured them, seemed like a lot looser at time of crash, in terms of regulatory controls.

All more the reason, not to accumulate too many assets ..to pack, move etc.

[shootingstar]

No, I don't have home buying stories.

Just personal stories that point to disasters where possessions are at risk.

[NoNo]

Nightmare no more!



Although it was a fight to the very end, with them moving the closing twice yesterday. But once they handed over the keys, all was forgiven. Instantly started moving some stuff in, but I've rented a truck for tomorrow to reload and get my furniture over in. After dinner, it was off to Home Depot, for the first of many trips. Got paint for the living room and dining room, spray paint for the lamp post outside, and gutter extenders. Next will be the dehumidifier and something to control the little bitey things that like to live near the marsh. I'm so excited to get in there and start doing stuff!

[IBrakeforPastry]

Congratulations! Adorable house - looks just like mine, without the dormers. Have fun painting!

[Pax]

How wonderful, enjoy your new home!

[ny biker]

Yay!!

[Crankin]

No No, I are you in Branford, CT, like your signature says? I've driven through there...
Cute house! Good luck and congrats.

[ny biker]

We went to the Branford Trolley Museum when I was young.

[NoNo]

Yes, I'm in Branford. Feel free to come through again. This fall they're doing the first ever Tour de Branford, a 40 mile loop through town and over to the next town, all along the water. Should be fun!

Moved in this weekend. I'm at work now and it feels so nice to just sit. Painted the downstairs, replaced a faucet, eventually found the screws for my bedframe, put the patio furniture together, picked colors for upstairs, and did some weeding, on top of actually moving in Saturday. I also moved my cat in, which didn't go great the first night. She wouldn't leave the basement and just cried and cried. By the middle of the night she had ventured out and by the next morning she was totally at home, curled up on the couch and finding the bay window. There's still all the unpacking to do, but with my parents staying there temporarily, stuff will get done while I'm at work. By the time this weekend rolls around, I can see being relatively settled.

[Trek420]

Way to make an impression with his new neighbors! What a shame, though, and I'm glad the cat was okay.

Glad the cat is fine. How're the bikes?

I'll post later when not on the tiny screen. My Yelp revue of our mortgage broker should just read thus;

"I deeply and daily regret not going through our credit union for our mortgage"

The rate was/is great but it was the worst customer service experience ever.

[malkin]

Late to this party, but here's another story:

We were working with our bank for the mortgage, and the loan guy misspelled my name which is Virginia to another word that starts with V, with many of the same letters, but with a two times and only one i. Perhaps an ok name for a porn star, and certainly a fine bit of human female anatomy, but not really what I wanted on my home loan. The bank insisted that it could not be changed. We went to another source for our mortgage.

[Wasp]

This moving in day horror happened to my best friend whom I helped move. After a rather nasty divorce my friend was finally getting her life together and moving forward. A huge part of her "new" life was her purchase of a really nice 3 bedroom home. Included in the sale was all window covers, kitchen appliances (fridge,stove,d/w) and washer/dryer. It was written into the sales contract pretty much the way I just wrote it. Moving in day arrives and upon arrival to the new house she invites us all in prior to unloading the trucks to check out her new digs. Everything was fine until she walked into the kitchen. The appliances she thought she was getting with the house were no where to be seen, instead the former owner had replaced all the appliances with second hand shop 20 year old miss matched appliances. The fridge was replaced with a bar sized fridge (white) the stove was a nice olive green 20 yr old stove, and the dishwasher replaced a really old almond coloured dishwasher which the inside had a huge amount of rust stains plus wasn't even hooked up. The full sized washer/dryer had also been replaced with apartment sized washer/dryer stack. Needless to say she was completely distraught and after many frantic phone calls the end result was she had no legal recourse because the sales contract did not contain any make/model or serial numbers of the original appliances. It only stated that included in the sale was fridge/stove/d/w and washer/dryer which was all there but total junk. Lesson learned!, need to be very specific about including details in a sales contract.

[ny biker]

Late to this party, but here's another story:

We were working with our bank for the mortgage, and the loan guy misspelled my name which is Virginia to another word that starts with V, with many of the same letters, but with a two times and only one i. Perhaps an ok name for a porn star, and certainly a fine bit of human female anatomy, but not really what I wanted on my home loan. The bank insisted that it could not be changed. We went to another source for our mortgage.

This is too awesome for words.

I would have written to the CEO to tell them exactly why I was taking my business elsewhere. Beyond the humor of the incorrect name, they were insisting on issuing a loan to someone who does not exist. None of your documentation -- pay stubs, etc -- would have matched the application. It's just mind-blowing.

[Helene2013]

This moving in day horror happened to my best friend whom I helped move. After a rather nasty divorce my friend was finally getting her life together and moving forward. A huge part of her "new" life was her purchase of a really nice 3 bedroom home. Included in the sale was all window covers, kitchen appliances (fridge,stove,d/w) and washer/dryer. It was written into the sales contract pretty much the way I just wrote it. Moving in day arrives and upon arrival to the new house she invites us all in prior to unloading the trucks to check out her new digs. Everything was fine until she walked into the kitchen. The appliances she thought she was getting with the house were no where to be seen, instead the former owner had replaced all the appliances with second hand shop 20 year old miss matched appliances. The fridge was replaced with a bar sized fridge (white) the stove was a nice olive green 20 yr old stove, and the dishwasher replaced a really old almond coloured dishwasher which the inside had a huge amount of rust stains plus wasn't even hooked up. The full sized washer/dryer had also been replaced with apartment sized washer/dryer stack. Needless to say she was completely distraught and after many frantic phone calls the end result was she had no legal recourse because the sales contract did not contain any make/model or serial numbers of the original appliances. It only stated that included in the sale was fridge/stove/d/w and washer/dryer which was all there but total junk. Lesson learned!, need to be very specific about including details in a sales contract.

OMG. I never thought people would do such a nasty thing..I'll remember that one for sure if I ever get another home (or something that says : include such and such item!)

I remember when we purchased our 2nd home, we thought the alarm system was functioning. NOT! So we had to have it changed and it did end up costing lots of $

So when we moved into our current home, we had an architect do the inspection and he tested EVERYTHING that was checkable! Even run the water in the tub to check if the jets were working. Owners were going nuts. haha It was a $600 well spent! I would not be caught off guard again for some things...but never thought about people switching something when it was specified it would be included.

[DebSP]

Well I guess that explains why one of the couples buying our house wanted pictures of the appliances and the serial numbers. I was totally insulted. I would not even consider that offer. I cannot believe that people can be like that. Is there no honour left in this world?!?