Good to see Perrychase again. Homesearcher, I was looking at some stan pac stuff in my neck of the woods and it’s less than half done and I’m worried that they will not be in business much longer. For SFR’s it’s annoying when the builder goes belly up, but for a condo it’s a disaster. Their stock is at about $3, roughly 10 cents on the dollar from a year earlier and they are losing $6 a share per year for a $3 stock. They are having a hard time borrowing money and I think it’s a matter of time before they close shop. How far along is the Gianni project. Someone else may pick it up and finish it off but that can go bad, having smaller and cheaper units or having to wait a long time and the owners having to foot much higher HOA dues in the meantime.
The real question is can you afford it, what is your downpayment and what kind of loan are you getting. If you can’t say that you are putting down 20% 30 yr fixed and the mortgage/utilities cannot be easlily made with the net pay of one of your paychecks, not counting her income at all, then don’t do it. First it’s I want a house, then another kid, then I don’t want to work, that train is never late.
It’s too late to give the real advice you needed (don’t ever marry, don’t have babies until after you buy a home, etc.) so I will give you the best piece of advice I can think of. DISTRACT HER. Don’t let her ever see model homes, plan activites during the operating hours, join a civic organization, take up a new hobby, but for god’s sake keep her away from decorated models. Most women have no power to resist the fantasy that models represent, especially those with an increased hormone level. Model homes are fairy tales, soap operas and fasion magazines all rolled into one. The closest analogy for men would be a car dealer or internet porn. I understand the power of the car dealer so I just don’t go there or I’ll end up buying a car I don’t need, happens every time. Of course porn is good for you so I’ll leave that one out, but you get the drift.
If you allow her needs/wants to push aside your logic, you have started a trend that I guarantee will not end until the day you find yourself in a courtroom and even then it doesn’t really end.
