It's time

May. 3rd, 2008 11:27 am
momdaegmorgan: (writing)
[personal profile] momdaegmorgan stop putting things off just because of my insane fear that I'm going to jinx us somehow.

The closing date has been moved from the 15th to the 20th (our loan officer needed a little more time to get everything in order), which gives me a little over two weeks to get as much cleaning and packing done as I can. I'm still a little nervous about doing it because one of the requirements for our loan is that the house is appraised at or less then the offer we made (which I'm pretty sure will work out fine since the place has to worth at least the $75,000 we're going to be paying) and that there's no visible damage to the home. With that leak from a few weeks ago I'm concerned there may be some problems with the second requirement. If there is it doesn't mean that we won't get the house, just that we'll have to ask the sellers to fix the problems and probably renegotiate the price.

Since I keep being told to just start packing, that's what I'm going to do. I'll get both bathrooms and the two hall closets cleaned and packed as much as possible today. There isn't a lot of things that I can pack in those areas but they definitely need a thorough cleaning (and even though they'll need a once over before we move out I'd rather get the major bits done ahead of time). Tomorrow I'm going to get my bedroom done since we'll be using it as storage for the boxes as we get them filled. After that I'll probably start work on the basement which is going to be the biggest project of them all.

I'm feeling fairly confident at this point that everything will go well. The nerves are still there and probably will be until we actually move in. But at the same time I'm extremely excited to finally be buying our very own home and I've already been looking at how I want to redecorate! I seriously need to get my newest story complete before we start moving though otherwise I doubt it'll get done before fall!

(no subject)

Date: 2008-05-03 04:53 pm (UTC)
From: [identity profile]
What? You'll be moving so soon? Wow, now this was fast. Of course your nerves are still there, if they weren't I'd be seriously worried about you ;)

Although you're not moved in yet, I'd like to wish you all the best already, and that everything will work out the way you want it to be, until you can finally say "my" home :)))))

(no subject)

Date: 2008-05-03 08:50 pm (UTC)
From: [identity profile]
Yeah it was fast but what you have to realize is that the housing market (for sellers) sucks right now. From what I understand, a few years back most home owners decided on a variable rate mortgage (meaning that the interest that they were paying on their home loan varied from month to month). At the time it was probably a good idea but now things have taken a turn for the worse (and those interest rates have gone up). A lot of people are finding they can no longer afford to own their own home and many are finding themselves in the situation of foreclosure.

The house that we are buying has actually been on the market for almost a year. The woman who owns it now did not even purchase it herself, she received it in an estate. She's never lived there and though she did rent it out for awhile no one has been living there for at least a year.

When you combine all of the above you end up with a very motivated seller, who was probably more then happy to take the first reasonable offer. Which definitely works out in our favor because, in all honesty, if the housing market was good right now she probably could've gotten $25-40 thousand more for the place.

Thanks for the best wishes! I actually already call it my home, though generally only to myself (there's that worry about jinxing things again). A friend of mine as been referring to it as ours since the day we first saw it...she says it's just one of those things she's "known" but I'm trying to be a bit more cautious.

(no subject)

Date: 2008-05-08 08:51 am (UTC)
From: [identity profile]
I think the housing market for sellers sucks pretty much everywhere these days. When I was in Cardiff and checked for a flat I could rent, the guy was very busy trying to convince me that now is the best time to buy a house, not just rent a flat. It took me quite a while to get into his head that I'll only move to Cardiff for four months, not in four months (okay, well, that applied as well, but point was that it was only temporarily, and he thought I wanted to move for good).

So... wow... 25-40K is a lot of money, congrats for you then :)))

And if you already call it your home, I think that's a good sign. And due to the pics you sent me, I totally understand why you "feel" this way about it already. It's such a cute house and I really, really hope you'll spend many wonderful years ... well decades in it :))))

(no subject)

Date: 2008-05-03 05:12 pm (UTC)
From: [identity profile]
I'm sure it'll all be brilliantly wonderfully perfectly fine.
Can't really give you any advice - obviously I've never done anything like what you're doing before xD

But best of luck!


(no subject)

Date: 2008-05-03 08:52 pm (UTC)
From: [identity profile]
Thank you!

I need all the positive thinking I can get right now...though our Realtor (who I work with) has been telling us for weeks now that everything is going to work out fine. You'd think we'd listen to her since she has a pretty good idea of how things are going to go but neither of us can help but worry about it.

(no subject)

Date: 2008-05-03 09:02 pm (UTC)
From: [identity profile]
I know the feeling - when you sort of know it'll be alright, but can't help but freak out anyway.

Get that all the time, over the smallest things, if it's any reassurance.

But I'll keep my fingers crossed for you!
And major envy over you (hopefully) getting your dream house - can't wait until I get to the point in my life where I can buy my own house!



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