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Author
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Topic: For a limited time......update
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SacGrown89GT
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Member # 7435
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posted
 
 
Ad explains it all folks. Please no negative comments we're all grown ups. Its either house or car....car has to go. I have a nice offer already whether or not i get a better one might be sold today by 5. So we shall see. Anyway here is cl link.
http://sacramento.craigslist.org/cto/4918270730.html
[ 2015-03-14, 09:56 PM: Message edited by: SacGrown89GT ]
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"Your shit aint hot!"
"No but its faster than your shoes"
"...."
Posts: 699 | From: SacGROWNmento | Registered: Feb 2007
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9cobrasvt8
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Member # 11078
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posted
Why ask 7900 if you say you wont take less than 6500? If it was me i would see that and say ill give you 6500 lol, but clean car glws
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2013 Grabber blue coyote
1996 cobra
1996 gt h/c/i and gears
1998 cobra vert
1998 gt h/c/i
1997 gt blown
Posts: 1519 | From: under the hood | Registered: Jul 2011
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SacGrown89GT
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Member # 7435
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Haha just seen that. Ill edit. Haha
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"Your shit aint hot!"
"No but its faster than your shoes"
"...."
Posts: 699 | From: SacGROWNmento | Registered: Feb 2007
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SacGrown89GT
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Member # 7435
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posted
Im buyin in sacramento. Gonna be first time buyer. I beard of programs but dont know where to start
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"Your shit aint hot!"
"No but its faster than your shoes"
"...."
Posts: 699 | From: SacGROWNmento | Registered: Feb 2007
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Sinister Mustang
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Member # 13889
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posted
quote:
Originally posted by SacGrown89GT:
Im buyin in sacramento. Gonna be first time buyer. I beard of programs but dont know where to start
Hey SacGrown89GT,
There's plenty of programs to get started as a first time buyer.
No reason to sell the beautiful Fox.
Hope this helps,
- Michael
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Message me for 1979-2015 Mustang Parts!
www.SinisterMustang.com
Posts: 255 | From: Roseville,CA | Registered: Dec 2014
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1996 GT
I'm Joe Yates
Member # 4992
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posted
There should be some programs with either chdap with its 6500 kicker or neighbor works program. I'd speak to a broker, the bigger banks want people with $ down typically.
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http://i.magaimg.net/img/257w.png
Posts: 9308 | Registered: Oct 2004
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SacGrown89GT
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Member # 7435
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posted
Maybe i should hold off on selling then. Because i have my first meet with a Realtor today and looking at first set of houses. I might need to look at it. Im going to delete it
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"Your shit aint hot!"
"No but its faster than your shoes"
"...."
Posts: 699 | From: SacGROWNmento | Registered: Feb 2007
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1996 GT
I'm Joe Yates
Member # 4992
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posted
quote:
Originally posted by SacGrown89GT:
Maybe i should hold off on selling then. Because i have my first meet with a Realtor today and looking at first set of houses. I might need to look at it. Im going to delete it
Yay! Mustang saved! ![[worship]](graemlins/worship.gif)
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http://i.magaimg.net/img/257w.png
Posts: 9308 | Registered: Oct 2004
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Blu50Stang
CAFords OG
Member # 489
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posted
quote:
Originally posted by SacGrown89GT:
Maybe i should hold off on selling then. Because i have my first meet with a Realtor today and looking at first set of houses. I might need to look at it. Im going to delete it
Hold off on selling that Fox, unless you absolutely have to. Your realtor should be able to direct you to a good loan officer that can help you understand your options.
If you need help shoot me a PM. I can refer you to a great loan officer.
Posts: 1916 | From: Not CA | Registered: Oct 2001
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SydeWaySix
CAFords OG
Member # 3596
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If you plan to buy within the next couple of months and need to have/show cash in your bank, then sell it now.
In my experience of buying homes, it was always suggested to have all your cash/bank accounts stable before you start the purchasing process. If you wait to sell the car and then deposit the cash while you're going through the loan process, you will likely be flagged for the large cash deposit and it will delay the process.
PLUS, once you even consider selling your car but change your mind last minute...you will end up selling it anyway. It tends to always work that way. If you already have a buyer - SELL IT! Assuming its a "good" offer close to your asking price, you'll backing out of that deal when you decide (for the 2nd time) to sell it. ![[Wink]](wink.gif)
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2013 Boss 302 #356. Performance White. Stock.
1965 Fastback GT Restored to stock spec.
Posts: 9882 | From: Bay Area | Registered: Dec 2002
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venomous99
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Member # 1917
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sell the car...once u get into a house, ull start worrying about modding the house and lose interest in the car and sell anyways. ![[Razz]](tongue.gif)
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MKII Q7
89LX
Posts: 4811 | From: dc | Registered: Oct 2002
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adower
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Member # 5955
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posted
Sell it if you have too. Its just a foxbody. You can gey another one anytime. Once you have a home you wont care about cars as Much.
[ 2015-03-05, 03:59 PM: Message edited by: adower ]
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98 Cobra
Griggs
S Trim
HRE
Posts: 3327 | Registered: Aug 2005
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1996 GT
I'm Joe Yates
Member # 4992
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posted
quote:
Originally posted by SydeWaySix:
If you plan to buy within the next couple of months and need to have/show cash in your bank, then sell it now.
In my experience of buying homes, it was always suggested to have all your cash/bank accounts stable before you start the purchasing process. If you wait to sell the car and then deposit the cash while you're going through the loan process, you will likely be flagged for the large cash deposit and it will delay the process.
PLUS, once you even consider selling your car but change your mind last minute...you will end up selling it anyway. It tends to always work that way. If you already have a buyer - SELL IT! Assuming its a "good" offer close to your asking price, you'll backing out of that deal when you decide (for the 2nd time) to sell it.
He's never getting 7900 for the car, maybe 2500-5K if he's lucky.
For example for a 260K house in sac county, you can get a 97% first(238,835), combine with a CHDAP 3% (7500) plus the zip extra which is another 3% plus flat 6500 (13,665) you can fiannce that house and closing costs. No need to get rid of car, save selling it off for later or keep it.
[ 2015-03-05, 04:31 PM: Message edited by: 135.0 ]
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http://i.magaimg.net/img/257w.png
Posts: 9308 | Registered: Oct 2004
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SydeWaySix
CAFords OG
Member # 3596
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posted
quote:
Originally posted by 135.0:
quote:
Originally posted by SydeWaySix:
If you plan to buy within the next couple of months and need to have/show cash in your bank, then sell it now.
In my experience of buying homes, it was always suggested to have all your cash/bank accounts stable before you start the purchasing process. If you wait to sell the car and then deposit the cash while you're going through the loan process, you will likely be flagged for the large cash deposit and it will delay the process.
PLUS, once you even consider selling your car but change your mind last minute...you will end up selling it anyway. It tends to always work that way. If you already have a buyer - SELL IT! Assuming its a "good" offer close to your asking price, you'll backing out of that deal when you decide (for the 2nd time) to sell it.
He's never getting 7900 for the car, maybe 2500-5K if he's lucky.
For example for a 260K house in sac county, you can get a 97% first(238,835), combine with a CHDAP 3% (7500) plus the zip extra which is another 3% plus flat 6500 (13,665) you can fiannce that house and closing costs. No need to get rid of car, save selling it off for later or keep it.
Well, if he needs the cash to show for something in the bank he should sell it....but that's just me.
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2013 Boss 302 #356. Performance White. Stock.
1965 Fastback GT Restored to stock spec.
Posts: 9882 | From: Bay Area | Registered: Dec 2002
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stanger00
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Member # 13818
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posted
My lender wanted 3 months worth of bank statements FWIW. And for all large deposits you have to write a letter of where it came from if it's outside of your normal job. Real PITA.
GLWS a lot of cash for a fox but I don't know much about this one.
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2000 Mustang GT Aluminator, TFS, Vortech, AED
Posts: 210 | From: Concord | Registered: Oct 2014
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SmokinLX
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Member # 1684
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posted
Talk with a local lender before U do anything. You might have enough funds already or He might tell You that even with the cash from selling Your vehicle there are other issues that U need to work out before He can qualify You. No need to make a decision on the car till You know where U stand IMO.
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Dont claim power if ya cant mile per hour. 10 second AOD
Posts: 4388 | From: East Bay | Registered: Aug 2002
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losbadgts
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Member # 4394
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I just bought my first house in December. Sold my mobile home while i was buying. Once the bank saw the money that i got for my mobile home it took another week and half to show all paper work and everything showing were that money came from. Big pain in the ass. So if u need that extra cash. Sell the car asap.
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Why pretent someone u are not, everyone else could see it.
Posts: 3625 | From: redwood city | Registered: Apr 2004
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5.t0es
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Member # 5864
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posted
quote:
Originally posted by losbadgts:
I just bought my first house in December. Sold my mobile home while i was buying. Once the bank saw the money that i got for my mobile home it took another week and half to show all paper work and everything showing were that money came from. Big pain in the ass. So if u need that extra cash. Sell the car asap.
Very good/true advice, The banks need a paper trail for any deposits outside of normal paychecks, When you sale the gt make sure you have a bill of sale with the correct selling price for loan documentation...good luck on buying a home.
Posts: 2990 | From: eb | Registered: Jul 2005
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5.t0es
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Member # 5864
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posted
Or just buy in rio vista, usda loan, no down payment.
Posts: 2990 | From: eb | Registered: Jul 2005
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SacGrown89GT
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Member # 7435
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posted
quote:
Originally posted by 135.0:
quote:
Originally posted by SydeWaySix:
If you plan to buy within the next couple of months and need to have/show cash in your bank, then sell it now.
In my experience of buying homes, it was always suggested to have all your cash/bank accounts stable before you start the purchasing process. If you wait to sell the car and then deposit the cash while you're going through the loan process, you will likely be flagged for the large cash deposit and it will delay the process.
PLUS, once you even consider selling your car but change your mind last minute...you will end up selling it anyway. It tends to always work that way. If you already have a buyer - SELL IT! Assuming its a "good" offer close to your asking price, you'll backing out of that deal when you decide (for the 2nd time) to sell it.
He's never getting 7900 for the car, maybe 2500-5K if he's lucky.
For example for a 260K house in sac county, you can get a 97% first(238,835), combine with a CHDAP 3% (7500) plus the zip extra which is another 3% plus flat 6500 (13,665) you can fiannce that house and closing costs. No need to get rid of car, save selling it off for later or keep it.
Sad to say but your so wrong. I actually did sell car guys. Guy came at me with a good offer and i do have to show proof that ive had the cash in account for a while so it sold. And for thise who said at most if lucky ide only get 5k. Car sold for 7k and its new home is Los Angeles now.
House searching begins and im working with a realtor that knows his shit and is guiding me in right path. He actually helped my parents buy a house years ago.
Ill still stop by to be nosy and say wasup to you guys every now and then. I already miss it!!!
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"Your shit aint hot!"
"No but its faster than your shoes"
"...."
Posts: 699 | From: SacGROWNmento | Registered: Feb 2007
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SydeWaySix
CAFords OG
Member # 3596
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posted
Good job and congrats on the sale! You did the right thing! I've been down that path too and a car doesn't even come close to feeling as good as getting into a house. Once you're settled and comfortable financially you can always buy a new toy. Good luck on the house hunt ![[patriot]](graemlins/patriot.gif)
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2013 Boss 302 #356. Performance White. Stock.
1965 Fastback GT Restored to stock spec.
Posts: 9882 | From: Bay Area | Registered: Dec 2002
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SacGrown89GT
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Member # 7435
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posted
quote:
Originally posted by SydeWaySix:
Good job and congrats on the sale! You did the right thing! I've been down that path too and a car doesn't even come close to feeling as good as getting into a house. Once you're settled and comfortable financially you can always buy a new toy. Good luck on the house hunt
Thank you. It sucks cause car was in incredible shape and probly wont find another in that shape. But ive had my fun and now gotta put big boy pants and try for a house.
This is the last pic i took of her
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"Your shit aint hot!"
"No but its faster than your shoes"
"...."
Posts: 699 | From: SacGROWNmento | Registered: Feb 2007
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5.t0es
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Member # 5864
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posted
car is so clean, But you got the good end of the deal @ 7k.
Posts: 2990 | From: eb | Registered: Jul 2005
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SacGrown89GT
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Member # 7435
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posted
Best part. I keep the ponys. Haha. 17" ponys upfor sell soon. Immaculant shape with near new tires. Its a win win for me ![[Big Grin]](biggrin.gif)
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"Your shit aint hot!"
"No but its faster than your shoes"
"...."
Posts: 699 | From: SacGROWNmento | Registered: Feb 2007
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