Unexpected Surprise

I'm excited to report that I met DMX the other night while I was at work. I'm actually a fan of his so it was really exciting and I was super nervous but he turned out to be totally nice and wasn't at all annoyed by me. He hugged me and even offered me his turkey roll up. I didn't have the heart to tell him I don't eat meat but luckily my coworker turned him down for me, so I didn't have to out myself. DMX is a gangsta rapper for those that may not know and yes, he was recently in prison on account of some dog related charges but that's all in the past now.

:)

Appraisal

The appraisal came back and we're still on track to close August 12. The seller is still working to complete all the fixes on the list and the excitement is really starting to creep in for me. I've already started looking for bathroom vanities and refrigerators online and I'm thinking about paint colors.

I've been living with white walls for so long I think painting is what I'm most looking forward to about the new house. I mean I'll be able to repaint my walls to match my nail polish every week if I want!

Hurry Up and Wait

It's another week and we still don't know anything for sure. This is such a test of patience for me. Anyway, the seller agreed to all the fixes on our list and has already started on them. The appraisal was done on Friday but we won't know the results until later this week. Again, we're just waiting. The seller is confident we'll still be closing August 12, so we'll just see about that. In the meantime we're sort of stalking the house, doing drive-bys at all hours just to check on it and make sure it's still there I guess. It is, by the way.

One last little note, the house has a built-in mail slot. I just love that.

Awwwwww

He looks so cute I totally forget he spilled Apple Jacks all over the carpet in the living room.

:)

Inspection

We got through the 4 hour inspection on Wednesday and sent the seller our list of items we want fixed on Friday. They have until Tuesday to reply, which is also the day the appraisal is scheduled for. Since this is a buyer's market we're taking an all or nothing approach and expecting the seller to agree to fix all the items or give the money based on our estimates. Should that not happen we'd cancel the appraisal and move along and find another property. We're staying positive and hoping it doesn't go that way but since the seller is a lender/bank they may not be interested in coordinating contractors for the fixes or losing even more money on their foreclosure. So with Tuesday as their deadline, you can expect an update mid-week.

Under Contract

We're under contract on a house. Now, I don't want to get too excited about it seeing as how this whole process has taught me nothing is final until the keys are in your hand, but we REALLY like this place.


We have inspection on Wednesday afternoon and then still have to get an appraisal done. This means there are several more hoops to jump through before claiming this is the one, but we're closer than ever before, so we're making progress. Should everything pan out we'd close August 12.

Loving and Losing

For all those wondering how the house shopping is going, let me give you a brief little update.  I found the perfect house and then it slipped away.  Then I found a great house and that one slipped away too.  The first house was literally the very first house we walked into the very first time we went out looking.  It was so cute and had lots of character.

It was a wonderful, little red brick house, totally remodeled and very close to where we live now.  Of course, with it being the very first house we walked in, I wasn't ready to put in any offer and we continued looking at the other 5 houses on our list for that day.  Well, before our lender approval was even finalized a week later, this beauty was off the market.  I was pretty devastated but did take comfort in the fact that we couldn't have put in an offer anyway since we didn't have our approval papers ready yet.

Recently we found another totally remodeled house very close to our ideal area.  It was a foreclosure and had been on the market forever.  Well, I thought about it for 2 days and when I went to review it online to consider submitting an offer, I learned it too was off the market.

Then there was the remodeled foreclosure in an even better location priced 40k over our budget that we went to look at thinking we could low ball.  Once we got there we were told there were already 6 offers on the table and a bidding war was underway - it was so discouraging I could barely get through the walk-through.

Yesterday we went back to one we had mixed feelings about.  We loved the yard but it was a bit of a drive into work and the inside needed some upgrading to suit our tastes.  Since we had first looked at it, it had gone into short sale and the price had dropped, so we thought it was worth a second look.

We left to look at 2 more after this one, still with some mixed feelings, when suddenly we found a great one that we really got excited about.

We both agreed we loved it and wanted to put in an offer immediately (if you know anything about me, I never make decisions this quickly, so you know it had to be reeeeeaaaaallllyyy speacial).  The thing is that it's a short sale, meaning it's selling for less than the owner owes on it.  So any offers must be approved by the seller's bank.  This can take anywhere from 3 days to 3 months.  Sometimes the bank will want to sit around and see what offers they get before they decide and then turn around and up the price.  Other times the bank is desperate to recoup at least some of the money before they foreclose on the seller, so they accept any offer.  We put the offer in today and will continue to hunt after we return from vacation the week after next.  For the time being, we'll try to put this place on the back burner, since we don't want to get too attached to the house when we have no idea if or when we would get it.  We'll keep everyone posted as we get status updates and continue the search.