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My Job In Another State Didn't Work Out And I Already Bought a House

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My Job In Another State Didn't Work Out And I Already Bought a House
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Опубликовано:

8 авг 2021

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Комментарии : 137

@gopugmama4408 3 года назад

Our son was hired right of college to work in a city he didn't know anything about. He and his wife rented an apt for a year and a half to make sure that this job would work out. He ended up really liking his job and finally purchased a home. He has been with his job for 12 years and never regretted renting the first year in their new town. Even at 23 years old, he was a practical and smart young man . . . and still is!

@stellarocquie7957 3 года назад

Of course. . . .common sense.

@PA-yy8vu 3 года назад

Lol your a good parent. I love how you talk highly about your son.

@cutehumor 3 года назад

List it for 10k less than the builder, and make 30k profit. F the builder over!

@mikesmith-wk7vy 3 года назад

people love to rush into buying a house

@edkennedy7952 3 года назад

Yup, tryin to keep up with the Joneses.....debt up to their eyeballs.

@vince8520 3 года назад

Why are people such in a rush to buy a house. Rent for a year and see if you like the job or the town or your boss.

@Matthew-et6lc 3 года назад

Because people are sheep and follow what everyone else is doing at the moment.

@matthewgardner2144 3 года назад

Because they feel "they are throwing their money away on rent", which is a fallacy. And this caller is a professional victim. Lost one job, got another, didn't "get along" with boss, now being bullied (in his mind) by the builder. It's always everyone else's fault.

@pkasper10 3 года назад

@@matthewgardner2144 getting bullied by someone that's working for you (the builder) shows that you can't stand up for yourself. Understatement of the year haha

@ColdSprite 3 года назад

Cause of low interest but that doesn’t even matter when you’re paying 200k over price . Lol people are stupid.

@johnh8705 3 года назад

They're in a rush to be a "homeowner" in 15 to 30 years.

@gustavsorensen9301 3 года назад

He shouldn’t have bought a house.When you move, You should settle down and wait a least a year, before you buy a house

@geo865833 3 года назад

Exactly right.

@marietaylor5174 3 года назад

EXACTLY!!!!!

@deanalbertson7203 3 года назад

Yes, rent for at least a year.

@mostHumblePersonAlive 3 года назад

What if you want to do a 1031 exchange? I think there's a time limit

@andyleo8418 3 года назад

True but he can make at least $20k flipping this house. He wasted all that money on a lawyer 😂

@BlessedbytheKingofKings 3 года назад

You can always sell the house

@justincaldero5174 3 года назад

yea I thought I missed something

@BlessedbytheKingofKings 3 года назад

@@justincaldero5174 I think the guy was confused. Dave just confirmed he can still get a realtor and sell it.

@shareworthy5720 3 года назад

His problem was he didn't have the money to finish the build....

@BlessedbytheKingofKings 3 года назад

@@shareworthy5720 No he needs to sell it because he did not get the job now he will not be moving. Plus he can’t afford a house with no job.Also I think what he wanted to do was sell it but he wasn’t sure he could he thought he was stuck because the builder wouldn’t take it back.

@Corkfish1 3 года назад

He can sell and lose money

@karimbennett5651 3 года назад

Why do so many people feel that because they own a house where they currently live, they MUST immediately buy another house in a new city or state where they are moving? Why not just rent for a year, to make sure the new job situation is stable?

@christinebutler7630 3 года назад

If you have kids and need decent schools.for them, renting may not be a good option. Rental neighborhoods are often decaf ng neighborhoods in lousy school districts.

@iSe4n 3 года назад

to avoid capital gains taxes when they sell their first house

@christophercarrigg3775 3 года назад

Cause that would be smart and people aren't smart

@christophercarrigg3775 3 года назад

@@iSe4n you incur capital gains taxes when you sell the house. this guy was only talking about renting In the new city. He never said anything about selling

@christophercarrigg3775 3 года назад

@@christinebutler7630 people love making excuses to incur a lot of debt. A lot of callers make a lot of stupid rash decisions like that. Look how it turned out for this guy

@schadlarry 3 года назад

I always go all in when moving to a new state with a new job. What could go wrong?

@Oh_You_Know_ 3 года назад

This guy is acting like his life is over and he won't get another job... Listen up Buddy, start interviewing and find another Job ASAP!

@johnchaney9100 3 года назад

Still a scary situation to be in.

@cripplermaximus 3 года назад

“I got fired” is part of this equation….

@edkennedy7952 3 года назад

Lol.....he forgot to mention that part.

@harrys5925 3 года назад

He’s stressing too much. Just take possession and flip the house. He can easily make close to 40k profit on it.

@MsLucky443 3 года назад

I refused to buy a house when starting a new job in a new city, the way these corporations are ?!

@9doggie12 3 года назад

Should have rented

@TopVillain 3 года назад

This doesn’t make any sense at all. And he got lawyers involved and couldn’t help? Sounds fishy

@nickbroadhurst5924 3 года назад

When Dave leaves, absolutely nobody else will be qualified to answer these calls. There are many calls like this.

@stevenporter863 3 года назад

...but it will be fun to watch. 😂

@greenearthblueskies8556 3 года назад

🙄

@catdancerskaleidoscopeofbo8496 3 года назад

He could sell the house in the place he moved back to, use that money to pay for the new build, and then immediately sell it. Then buy another house in the original location. I'm sure his wife would be pretty ticked off with this solution too.

@strat1080 3 года назад

I don’t understand why so many people immediately buy a house upon moving to another city. Makes no sense. I moved from Colorado to Texas a few tears ago. I rented an apartment for a year before buying a house. So many people have the flawed mindset that renting is always bad. You’re not making a dent in your principal in the amortization schedule in your home mortgage until a few years into it.

@christophercarrigg3775 3 года назад

People are stupid

@johnSmith-uz8nl 3 года назад

I feel you can do it either way. The problem starts when you buy a home and then sell it for less money.

@strat1080 3 года назад

@@johnSmith-uz8nl, I’ve just seen way too many newcomers to a new place get burned by buying a house right away. Some people just buy homes on a whim without putting much thought into it. It’s about stability. Buying a house should come from a place of stability. New city and new job is not a stable position to be in

@oneeyedman99 3 года назад

Dang, is there a list of videos where Dave just talks about real estate nuts and bolts? A lot of his calls are more therapy than financial advice, but he seems to know this stuff inside and out.

@catdancerskaleidoscopeofbo8496 3 года назад

The builder probably doesn't want it back because they know it is a shoddy build.

@bruisingzeus2976 3 года назад

“Hi this is Jim calling from a tin can and a string”

@greenearthblueskies8556 3 года назад

🤣

@1timothydillon 3 года назад

Dave: why wouldn't they want it back, why wouldn't they want it back Caller: I don't know, I don't know

@patty109109 3 года назад

Yeah obviously this guy doesn’t understand what is going on and never got a real answer from the builder who I’m sure would do it if it were profitable.

@matthewgardner2144 3 года назад

Caller had his headset on so he could wring his hands in a dramatic anguished fashion.

@L00TxGoblin 3 года назад

From a lenders perspective: Dave is right he can only close on this house with his contract per approved for financing. He was never approved for financing but only pre approved. He has not been underwritten on par with housing regulations thus the lender should Deny this client and voids his contract. To get his money back they will play hard ball you, will most likely have to sue them but get HUD involved and you have a winnable case. Get a new lawyer too. Also he cannot flip this house because he won’t get approved to buy it unless he goes non qm.

@johnSmith-uz8nl 3 года назад

So spend $20k on a lawyer? That is your answer? It sounds like he closed to me and if I am wrong and you are right... he can EASILY still list it on MLS and wait for his closing and sell it on the same day... as long as the future buyer understands what is going on, it should work.

@AtomicQuotient 3 года назад

Find a job that you can work remotely, with all the work and remote jobs, you should be able to find something

@johnSmith-uz8nl 3 года назад

He is a teacher. He needs to find a school that will hire him.

@pagalhokya 3 года назад

@@johnSmith-uz8nl Time to change career! :)

@vintageswiss9096 3 года назад

The one time "Sell the house..." isn't a meme...

@jaqueitch 3 года назад

Great-paying jobs are readily available. Before giving up, interview with a few places and get a new job. Problem solved.

@matthewgardner2144 3 года назад

He's not looking for solutions. He just wants to whine.

@johnSmith-uz8nl 3 года назад

I agree and there has been a exodus of Teachers who have left.

@fredericksharon6908 2 года назад

@@matthewgardner2144 he is concerned, not whining.. This show is for us to hear lol stop whining

@David-wo9un 3 года назад

The only thing Christy contributed to this call is tell her boss how smart he is.😂😂

@TheTurdballs420 3 года назад

Pretty sweet gig, I’d do it

@smithrr6 3 года назад

I was asked to resign one of my previous jobs because I didn't do that often enough.

@PeachesCourage 3 года назад

@@smithrr6 good for you I can't tell you how many people are behind what you say here

@oneeyedman99 3 года назад

Well, Dave earned it. I find some of his advice to be simplistic but it's clear that on this particular topic he really really knows what he's talking about.

@matthewgardner2144 3 года назад

It's in her job description to lick Dave's boots X minutes per call.

@djpuplex 3 года назад

Get another job in that area 🤷‍♂️

@ThePresentTimeNow 3 года назад

What Dave is referring to is Real Estate Wholesaling.

@Manofsteel519 3 года назад

Great input Cristy

@matthewgardner2144 3 года назад

"Why that's good ad-vahse' Dave."

@greenearthblueskies8556 3 года назад

🤣

@LittleMopeHead 3 года назад

Uh find another job in the area if you want to stay there...

@laserbeam-fx9qv 3 года назад

Many years ago an executive hired by my company bought a house before his wife had seen it. Wouldn't you know it, the wife didn't like the house and made him sell the house during the 2008 housing bubble Burst. If I remember correctly he lost somewhere between 40K-60K. Lesson learned... Never buy a house without you wife seeing it and never buy a house when you are just starting a new job.

@noahestus6830 3 года назад

Wish Dave would take more calls like these.

@mrsmith1339 3 года назад

People often have an agreement to buy a new Corvette or any car in short supply, and sell it before it arrives. Play hardball, undercut the builder. If he sells the house he has listed, he may want the one he is building for you. At least prices are going up. You have a contract at a competitive price and buyer gets to pick their finishing touches. You will be fine.

@jbilotta 3 года назад

That is why I NEVER revolve my life around a job... EVER.

@DioDiablo702 3 года назад

People are too quick to pick up and go with remote work. I wouldn't even think about it unless I've been with the company for at least a year.

@changgeorge2411 2 года назад

I do not understand either. Why builder not take it back. I can forfeit caller's earnest money and I can sell more to someone else.

@Je.rone_ 3 года назад

Houses can be sold right🤔

@vladamirkb1 3 года назад

The builder wants your 60 grand, they want you to walk away.

@SherryEllesson 3 года назад

Nobody seems to want to work with this guy. I wonder if there's a theme here.

@mohammadkhan3230 3 года назад

He'd been with his previous employer for several years.

@SherryEllesson 3 года назад

@@mohammadkhan3230 That doesn't mean he was liked. I worked with people who were kept on just because they were "marginally" effective.

@plants4thewin 3 года назад

This guy...I see why the "job" didnt work out. Hes not a problem solver at all. His new boss was probably like, "we made a bad hire" I bet this guys wife is ticked.

@ThePatriots010304 3 года назад

I agree with Grant, most people should not buy houses.

@BusinessBuzz 3 года назад

The real problem is that you’re in Ohio.

@hectormorones8733 3 года назад

“Moving back to Ohio” are words no one should ever hear..

@jaredandallie1681 3 года назад

OH-IO!

@Henry_Aguirre214 3 года назад

It ain't that bad lol. It's who you do it with. Not where lol. Company trumps any place.

@neilsmith9066 3 года назад

OH!!! Most family oriented state in the Nation! God Bless Ohio!!

@BusinessBuzz 3 года назад

I should mention that I’ve been living in Ohio my whole life. It’s just easy to make fun of😂

@PeachesCourage 3 года назад

You both offer something we can all rely on

@jimroscovius 3 года назад

Why buy a house right away? Rent and start teaching online.

@heypiggy 3 года назад

Sometimes you need someone to reaffirm your thoughts

@jbeav3902 3 года назад

Work for Uber and Lyft.

@thesnyderteam-lasvegas6614 3 года назад

Dave is assuming the contract is assignable and the builders contracts aren’t assignable.

@stellarocquie7957 3 года назад

Should have rented till they got settled.

@Vesta0831 3 года назад

Intro music is depressing.

@Feelthefx 3 года назад

This is why I rent

@ceciliapreziose3783 3 года назад

should have rented or have the company house you till your perm, ths happened to my g irlfriend

@JustinCase780 3 года назад

Enjoying the info in this call. Papa Dave is the king! This guy will do well but he might consider a better phone or cutting that monster beard. Now I look forward to hearing Chrissie Hynde singing in my head for the next few days.