Mortgage Registry?? HELP PLEASE

bree23456 · January 2010

Me and my fiance dont really need anything (we have already bought it) so we are having a hard time registering for items. I had been reading up on different sites (there are too many) that you can sign up for and people can put money in them to help you with a down payment on a house later on. Have any of you guys done this and if so what site did you use. Thanks so much!

http://www.downpaymentdreams.com/
http://www.bridalmortgageregistry.com/

MyNameIsNot · January 2010

Yes, I've heard of it. Money registries are beyond rude.

There's a sticky post at the top of this thread with registry suggestions. If you truly can't think of anything, don't register. When people ask, say that you don't need anything and are focusing on saving up for a house. Those that are so inclined will write you a check. Bonus, no one takes a cut.

quotequeen · January 2010

Please don't do this!

MNVegas · January 2010

Your joking right?? Then I guess I should not be surprised that there are actually some people out there who would think of doing something this rude.

Do you really think your guests, especially the ones who don't even own or can't afford their own house, would want to help pay for yours? Seriously??

Word of mouth thru other family members or friends "we don't really need anyting". If you are not registered, guests will either buy you something you don't need or give cash anyway. At least you won't embarrass yourself by asking for a handout with a "give us money so we can buy a house" registry.

Brie2010 · January 2010

Any kind of cash registry, like a honeymoon or mortgage registry, is a huge etiquette faux pas.

I agree--check out the thread above for suggestions on what to register for! Create a small physical registry and if people ask where you're registered, tell them, "We're registered at X store, but we're also saving for a house." They will get the hint.

[Deleted User] · January 2010

Mortgage registries are gross.

gottahavashorti · January 2010

Please don't do this. You and your FI, parents and wedding party can tell those who ask about gifts that you're hoping to purchase a house shortly. And if you'd like some upgrades, decorations, etc. for once you move into a new home, you could always do a small registry for those things.

pooh8402 · January 2010

please do not do this. if you don't know what to register for, don't have a registry. if you actually need the help saving up for a down payment, then you do not need to buy a house right now. people buying houses when they couldn't afford it is what got our economy into its current mess.

SarahPLiz · January 2010

If you don't have the financial means to save for adownpayment yourself, you will not be a fiscally responsible homeowner. You will still need money in your budget AFTER your monthly mortgage payment to save for emergencies, so if you can't afford a house, you need ot save for one on your own.

Cash registries only enforce the horrendous idea that weddings are fundraisers. They are not. Weddings are a commitment ceremony for you and your FI. The reception is a thank you for those who witnessed your ceremony and emotionaly supported your union by being there. While it may be tradition to give gifts, it should never be expected, and asking for cash gifts (yes a down payment is a cash gift) is SO rude.

SarahPLiz · January 2010

PLUS, those sites often charge a fee. People will give you cash if they want to, and you will net more if you accept the cash gifts instead of signing up for these ridiculous money making schemes.

Galaxy8227 · January 2010

A mortgage registry is asking for money which is a big no no when it comes to registering. If you don't register, you might get more money, but you also might end up with some pretty random crap as well. I would just register a for a few upgrades (towels, sheets, appliances) and then hopefully everyone else will giv eyou cash without you asking them for it.

banana468 · January 2010

NO. Just NO.

kristinanddan · January 2010

How awful! There must be items you can upgrade - DH and I already owned a home by the time we got married, but we still upgraded sheets, towels, silverware, china, etc. We registered for things like artwork as well. If there is truly nothing you can come up with to register for, then don't register, but then you should really decline any showers being thrown for you - since you don't need the gifts.

SuMmErKuTiE · January 2010

Wow, my jaw literally dropped. I can not believe someone would actually do this. I agree with pp's, there has got to be some items in your household that could use upgrading or replacing. Bed linens and towels should be replaced on some what of a regular basis. You may have bed linens, but also may have been eyeing that high thread count Egyptian Cotton sheet set or you may be sick of that cheap hand mixer and would love a kitchen aid stand mixer. There are always physical things you could upgrade to. I've lived on my own for years now, and FI and I had to throw out some things when we combined households, but there is a ton of stuff we still need and/or are upgrading on. Try finding things that you may need or want to replace and form a small registry, and once a lot of the stuff is purchased, your guests will probably just give cash which can be put into a savings account towards your new home.

pandasquishy · January 2010

Nonononono, don't do this.

flutgrl1 · January 2010

honestly I wish these were more acceptable. Less stuff more practical.

Mortgage Registry?? HELP PLEASE

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