Friday, June 17, 2011

Moving Along

I have a bit of exciting news as far as our offer moving along with the bank. Our realtor called yesterday to let us know that the bank has asked the current owner for a hardship letter [which she has.] We met up with our lovely realtor this morning to sign the paperwork to push back our offer 15 days. So now they have until the 7th of July to approve our offer and closing is pushed back to August 9th. 
Her lender's also wanted to make sure that we are going to be able to afford the house, so we filled out this form which shows them that we do indeed have the almost 50%  down payment that was part of our offer.
We are hoping that all of this is a sign that our offer has finally made it to the top of the pile, and things will get moving soon. We are hoping to be able to move in by September, and there's a lot to be done between closing day and move-in day, so keep on praying that all goes well, and our road to home ownership starts getting a lot smoother.
We have been continuing to look at other properties just-in-case the whole thing falls through and we are left without a place to live, [SO Scary!] and thankfully we found something that is a good back-up, it's doesn't meet all of our criteria, but it's beautiful, and it comes pretty close.

 
Obviously this version of the picture leaves a little bit to be desired, but I did that out of respect for the homeowners. After all it is just our back up house.
Here are some of the pros and cons of this one!
PROS
all brick
ranch
perfect size
partially finished basement
needs updating
attached garage
CONS
not in a neighborhood (more traffic)
smallish garage

We haven't walked through this one yet, and I'm sure there would be a few more cons after doing that but overall it seems like a pretty safe back up!

Hopefully we will get some good news soon! Until then we're just gonna keep on keeping on!

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