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#1 |
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Moderator
Donating 4WT 13K Club Member Join Date: Sep 2006
Location: Kansas
Posts: 16,069
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The loan will be taken out in Dae Lynn's name because of her good credit history. They should be getting a letter either today or tomorrow to let them know about the loan. I sure hope they get it. They deserve a break!!
Yes, Dae Lynn finally told Glen. Actually, they couldn't buy a house with a rental so Glen is buying the rental but it's with the kid's money. We're not paying anything. It's in name only so they can get the loan.....then we'll sign it back over to them in a year or so. Again.....they will be paying ALL expenses. It was a loophole that Dae Lynn found a way around. The guy she talked to told her she was pretty smart for figuring that out!!! They'll tell the rest of the family as soon as they are sure they have financing. Glen's not happy about that but if they don't get the loan they don't need the rest of the family saying that they should have known that they couldn't do that......so tired of the put-downs and negative remarks.
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*´¨) ¸.•´¸.•*´¨) ¸.•*¨) (¸.•´ (¸.•` ¤ Diana Baker ✞ You and I are friends.......
Always remember that if you fall I will pick you up...... After I stop laughing!!! |
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#2 |
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Moderator
Donating 4WT 18K Club Member |
I know how you feel Diana. Really Glen should be happy about it. Dae Lynn told her parents....it's really no one else's business what they buy. I'm wishing her the best of everything...I know she has to be excited and I don't want her to be disappointed.
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To every thing there is a season, and a time to every purpose under the heaven. ECCLESIASTES 3:1 |
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#3 |
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Donating 4WT Yakker
Join Date: Jan 2007
Location: Denver, NY
Posts: 8,097
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Good for Dae Lynn and Damon! Let the naysayers talk to each othere if they have what to say!
I wish them the best, and am keeping them and the kids in my prayers!
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Judy ![]() ![]() ![]() ![]() ![]() |
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#4 |
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Moderator
Donating 4WT 13K Club Member Join Date: Sep 2006
Location: Kansas
Posts: 16,069
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Thanks Guys!!
Dae Lynn got a letter yesterday and it sounded like they were turned down but that they would work with them on getting the loan.......when she called that wasn't so. They were declined because of Damon's bad credit history. The credit place that they looked was different than what Dae Lynn looked at and it was much, much worse. Dae Lynn was in tears and I felt so bad for her. This morning I have the kids and she and Damon are in at the bank talking to them. I hope that it's good news. They will be checking all of their options with them.......we have a great bank that we go to and they know Dae Lynn.....and Glen, so hopefully they will be able to come up with something to help them out.....in Dae Lynn's name, of course. I'm anxious to hear what they're finding out. Dae Lynn got a really nice FB e-mail from the lady who owns the house, she's a friend from church.....and she told them how excited she was to have them own her house. It was so sweet of her.....she a very dear woman. I just hope it all works out.
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*´¨) ¸.•´¸.•*´¨) ¸.•*¨) (¸.•´ (¸.•` ¤ Diana Baker ✞ You and I are friends.......
Always remember that if you fall I will pick you up...... After I stop laughing!!! |
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#5 |
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Senior Member
Join Date: Aug 2009
Location: Kentucky
Posts: 3,383
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I sure hope that everything works out with the house for Dae Lyn. I truly believe that everyone deserves a second chance. And I am a firm believer in that when someone is down........you don't kick them. I wish them all the luck in the world.
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#6 |
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Moderator
Donating 4WT 18K Club Member |
Keeping my fingers crossed and heart in prayer for Dae Lynn and Damon. I do hope they can get the financing.
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To every thing there is a season, and a time to every purpose under the heaven. ECCLESIASTES 3:1 |
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#7 |
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Moderator
Donating 4WT 13K Club Member Join Date: Sep 2006
Location: Kansas
Posts: 16,069
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They talked to the bank and it sounds like there won't be a problem!! They should know about the loan in a couple of days. They won't have to divide the property up to buy it either so they have to sign new contracts. The banker told them that if they come in and talk to him he will help Damon get his credit score up and help them get that debt down. They were very encouraged. Dae Lynn is getting really excited that this really will work out!! I guess that they won't be closing until the end of August though because that's what the seller wants to do. She's going to have to have an auction to get rid of a lot of stuff.
__________________
*´¨) ¸.•´¸.•*´¨) ¸.•*¨) (¸.•´ (¸.•` ¤ Diana Baker ✞ You and I are friends.......
Always remember that if you fall I will pick you up...... After I stop laughing!!! |
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