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Message
re: Thought I'd share the biggest personal finance train wreck ever seen
Posted on 11/1/18 at 7:20 am to ItNeverRains
Posted on 11/1/18 at 7:20 am to ItNeverRains
quote:
but I had a couple making just north of 200k/yr buying a 600k house
Is that a big deal
I know of people making the same amount and buying house almost double that price.
1
Posted on 11/1/18 at 7:40 am to TheMailman
quote:
Is that a big deal
I know of people making the same amount and buying house almost double that price
They could not close because they didn’t have the $ to bring to closing. They notified us of this in the Bahamas. So they had money to go to the Bahamas but not honor a contract. The trip was booked after the contract to purchase. They do not have an IRA, 401k, pension, or savings account. They make 212,000 combined income a year.
That’s a big deal
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