Showing posts with label first time home buyer. Show all posts
Showing posts with label first time home buyer. Show all posts

Friday, June 19, 2009

Paul visits

Paul stopped by for a visit on his motorcycling road trip. We had tried once before to get to Mt. Mitchell last time he visited and like the last time we met with defeat. Before the road was washed out, this time it was too foggy and rainy to see anything when we finally got close. We beat the rain down the mountain and I still managed to snap a few pictures. Paul also helped me haul another load of bricks. Beware, if you come for a visit, I might put you to work doing manual labor :)

I may have jumped the gun in saying “I bought a house.” I should have said I’m under contract to buy a house. You’d think it was as good as bought, but in this case not so much. I’ve been going though paperwork for about a month and until yesterday everything was on track for me to close next Thursday, but in the inspection process we found some problems with the pluming and electric. The seller agreed to pay me the amount to fix the problems at closing, but the estimates came back higher than they were allowed to pay. So we had to take the money off the price of the house. Then the lender got all the paperwork and said, we couldn’t do that either the problems have to be fixed before they will approve the loan. So that’s where I am right now. I have to wait for them to fix the problems, get the house to pass inspection, and then get the lender to okay the loan. I’ll keep you updated and I’ll be sure to let you all know when I have actually “bought a house.”

Katie

Saturday, May 23, 2009

I Might buy a House!


I haven’t been posting Chronicles lately because I’ve been busy looking for a house and I’ve finally found a good one. I've put in a bid and I'm set to close on the 26th of June. The house is little (around 500sq. ft.) but it has a full basement and sits on about a quarter acre of property. It’s inside Asheville city limits, but the dead end road it’s on is quiet…except for the trains that will rumble by on the tracks that aren’t too far away. I think this house will suite me well.

I’ve attached some of the pictures that were listed with the house. When I move in, I’ll take some of my own. I’ve been waiting, and bargaining, and probably even insulting people with my low offers for months now, but it’s finally paid off with this very good deal. Since I’m a first time homebuyer I’ll be getting $8,000 from Uncle Sam and with interest rates really low my mortgage isn’t bad either. Yep, this is a good time to buy and I’m excited to finally own my own home.

Katie