Sage & Simple

food. travel. expat living.

  • Home
  • Recipes
  • Travel
  • Living in Denmark
  • About
    • Privacy Policy

It Never Ends

May 18, 2010 By Sage 5 Comments

On a technicality, I may be back to square one on a place to live. Because my employment contract has a clause that allows my company to terminate the contract within the first 3 months of employment, the bank will not give me a loan until August 1.

I’ve been working for the same company for nearly 4 years. Is it at all likely that they’re going move me all the way over here, then terminate my contract? Probably not, but the only way around this issue is to get a letter from my company saying that they won’t terminate the contract during the probation period. Seems like it shouldn’t be an issue, but Legal may have another opinion.

So, let’s just say I can’t get the letter. Worst case scenario is the seller is sick of my American shenanigans, makes me pay the 1% breach of contract penalty, and decides to sell to someone else. Best case scenario is another 2 1/2 months of living like a gypsy with my belongings stashed all over town. I can’t even begin to entertain the nightmare of putting my shipping container in storage for all this time.

Sometimes, I just have to wonder if it’s a sign…

Like it? Share it :)

  • Click to share on Facebook (Opens in new window)
  • Click to share on Pinterest (Opens in new window)
  • Click to share on Twitter (Opens in new window)
  • Click to share on Tumblr (Opens in new window)
  • Click to share on Reddit (Opens in new window)
  • Click to email this to a friend (Opens in new window)

Related

Filed Under: moving

Comments

  1. Smilingsurfer says

    May 18, 2010 at 8:22 PM

    Considering everything that you have endured up to this point, there must be a way to solve this Mortgage problem.

    By the way, is a 20% down payment customary in DK?
    Do you have agents negotiating on your behalf?

    Good luck, and don’t forget to breathe :)

    Reply
  2. DragonflyC says

    May 18, 2010 at 9:34 PM

    So sorry to hear about this craziness!

    Will the guy who owns the house let you rent it for three months?

    –Cari

    Reply
  3. Sage says

    May 19, 2010 at 7:45 AM

    Banks will only grant mortgages for 80% of the purchase price, but from what I understand, most people don’t have the 20%. DK doesn’t have PMI, so the majority of people take a bank loan for the other 20%.

    Unfortunately, prepayment penalties are standard here. I’m debt averse, so I’m taking a bank loan instead of a mortgage, that way I’ll be able to pay it off whenever I want. It’s also the cheapest way to finance.

    We have seller agents here, but not buyer agents. So in addition to not having anyone advocating for me during the negotiation process, I had to call the listing agent for each property I wanted to see.

    I’m looking into alternatives like renting the place, but I’d totally understand if the seller is sick of dealing with me. I feel like the worst buyer ever!!!

    ~ Sage

    Reply
  4. Smilingsurfer says

    May 19, 2010 at 10:38 PM

    I hope that you can work things out, it would be great to rent the place before your loan goes through.

    Weird that there are no Agents to represent the Buyer. Not even Loan Agents?

    Looks like you have done the research and chosen the right loan type for your situation.

    Best of luck to you :)

    Reply
  5. Barbarahp says

    May 21, 2010 at 1:05 AM

    Oh no Sage! After everything, this?
    I will keep my fingers crossed that your employer will give you the letter, why wouldn’t they? I dont’ get that.

    Reply

Leave a Reply Cancel reply

Your email address will not be published. Required fields are marked *

logo
Food Advertisements by

Once upon a time, I had the chance to move to the happiest country in the world!

My restless Aries spirit liked that idea, so I did what any girl in my position would do… I grabbed my cat, booked a one-way ticket to Denmark, and became an expat!

Read more…

Archives

Never miss a post :)

logo

Food Advertisements by

Categories

aarhus a doomed love story baking denmark diy england food france frugal living green living home italy moving other recipes simple living small space living thailand thrift shopping travel vegan vegetarian wedding
2020 has been... interesting. But I'm ending it be 2020 has been... interesting. But I'm ending it better than I started 💞 and with a clawfoot bathtub 🛀 in my bedroom! Happy new year! Let's get this show on the road🥂🎉 #newyear #newyearseve #clawfoottub #bath #bathinbedroom #bye2020 #happynewyear #happynewyear2021 #adios2020 #bathingbeauty #redwine #mermaid #expatlife #childfree #vintagehome #bohemiandecor #bohemianliving #bohemianlife #bohemianhome #boholiving #bohodecor #fairylights #bubblebath #bubblebaths #bubbles #bathtime #bathtimefun #glamour #glamorous
No tree? No problem.💃#peacockchair #cornersofmy No tree? No problem.💃#peacockchair #cornersofmyhome #bohostyle #boholiving #bohovibes #bohodecor #bohemian #bohosoul #bohemianliving #bohemiandecor #christmaslights #christmas #xmas #xmas2020 #xmaslights #christmastime #christmastime🎄 #wicker #bohemianhome #bohemianinterior
A dreamy Christmas stroll with my guy 🎄 ⛄#Chr A dreamy Christmas stroll with my guy 🎄 ⛄#Christmaslights #christmas #godjul #jul #jule2020 #julehygge #tivoli #tivolifriheden #xmas #xmas2020 #xmastime #christmastime #christmastime🎄 #christmasishere #santa #juletid #jule #julen2020 #julelys #xmaslights #winterwonderland #winter #dreamy #dreamscape #denmark #aarhus #danmark
My Love brought me 4 dozen of my favorite roses, s My Love brought me 4 dozen of my favorite roses, so I'm drying these 💗#roses #roses🌹#love #loved #flowers #cottagecore #flowersinframe_ #flowersinstagram #cottagecoreaesthetic #driedflowers #spoiled #color #colorful #colorfulliving #boholiving #bohodecor #boho
A sign of the times 😔 #christmas #covidchristma A sign of the times 😔 #christmas #covidchristmas #christmas2020 #maskup #denmark #scandinavia #aarhus #aarhuslife #jul #jul2020 #wearyourmask #xmas #xmas2020 #myhood
New-to-me thrifted oil painting! Sacre Coeur? 50 k New-to-me thrifted oil painting! Sacre Coeur? 50 kr. (about $8) 💃 Now I just need my kæreste to come over and hang it for me 💕 #thriftshopping #secondhand #frugalliving #thriftstorefind #thriftingfinds #thrifting #thrifted #bohodecor #bohodecoration #boholiving #bohostyle #denmark #cornersofmyhome #bohemianliving #bohemiandecor #bohemianinterior #scandinavianhome #bohemian #art #bohodecoration #thrifteddecor #bohohome #bohosoul #genbrug #genbrugsguld #genbrugsfund #genbrugshjem
Follow on Instagram
This error message is only visible to WordPress admins

Error: API requests are being delayed for this account. New posts will not be retrieved.

Log in as an administrator and view the Instagram Feed settings page for more details.

logo
Food Advertisements by

© 2009 - 2020 · Sage Autumn Media

loading Cancel
Post was not sent - check your email addresses!
Email check failed, please try again
Sorry, your blog cannot share posts by email.