Wednesday, July 25, 2012

Words Don't Quite Capture It

As I should have figured after all that's gone on with this transaction, we're not closing on the house tomorrow. Someone at our lender apparently discovered an issue with the second appraisal (done because the first appraisal also had issues) during review of the loan documents that we were supposed to sign on Monday. As of yet, we haven't been able to sign the loan documents. The lender thinks maybe Monday. I'm not holding my breath.

So, we've had to submit yet another addendum (#7 in this transaction) to extend the closing date (for the fifth time) until August 2nd. Steve and I are regarding that new closing date with a large amount of skepticism.

Steve and I have been very lucky in our lives, so I'm certainly not going to go off on a "woe is me" rant... but we are incredibly frustrated with this process. It seems like things that are supposed to go smoothly in buying a house just haven't for us. I pride myself on being meticulous, but I don't think I could have foreseen any of this. Grrrrr...

Monday, July 16, 2012

Ten more days...

Today we received word that the bank (that owns the home we've been in contract on for the past 90+ days) signed our final addendum. This addendum ironed out a few outstanding issues and set a final closing date of on or before (if our lender is ready earlier) July 26th. Which means that sometime in the next ten days we'll become homeowners! Well, not so much homeowners as mortgage holders, but whatever. 

I drove by the house after work today in somewhat of a daze. It's astounding to me that we'll have a place of our own. A place that if something doesn't work quite right, we can actually fix it properly instead of dealing with our landlord's half-hearted repairs. A place that has the exact appliances we want, not the cheapest our landlord's money could buy. Where I can paint the walls whatever crazy color I want. Where we can install drip irrigation to finally water our garden properly and without the waste. Where all of the decisions are up to us. 

Steve and I have been ready, in spirit if not in finances, for a house for a long time now. Ten more days...