Finishing updating everyone.
Lets see...whats the latest....
Stuff is progrssing on the new house. Pass inspection with flying colors. Home inspector described my house as "perfect".
Got the paperwork to give the attorney in IL power of attorney to do the closing for me. Have to head to get stuff notorized AGAIN...why couldn't that have come last week when I was there and had a witness with me already? Now I need to sucker another witness into coming with me.
Stuff is progressing with the loan. Apparently the appraiser from the bank came back with some screwing input like the siding falling off the house and there being a homeowners association. I think we decided she went to the wrong house and are ignoring the specific comments.
On this end..no offers yet. The only bad feedback we were getting was on the blue walls in the living room..so they are no longer blue. Up until last week I was getting 3-4 showings a week. Last week nothing until Friday when I got a call at 11am for that afternoon (far from the 24 hours I was SUPPOSED to get). Then as soon as I got the puppy out of the house and got to the yarn store to kill time..they called and rescheduled for tomorrow. Wasn't that nice....at least they are still coming I guess. Nothing else for this week yet.
Got my buyout offer from the company...which is about $5k less than what I paid for the house and about $2k over what I owe currently. Which means even though our relocation policy lets me borrow the equity to close on the new house, there will likely be NO equity to borrow after the various prorations...at least not much. Oh..and I can't TAKE the buyout offer until Sept 8. Nearly a month after the closing on the new house. Now..before you feel too bad for me....yes the company has a loss protection clause..so eventually I'll get the difference between the buyout offer and what I paid. And yes, the company helps cover dual mortgage payments for up to 30 days...so eventually I'll get that back. But both are REIMBURSEMENTS. At this point..it will likely be late Sept early Oct before I see any of that money...which means I need the cash not only to close on the new house Aug 11...but to pay both mortgages also. Should be fun!
Oh..and I'm such a dumbass....apparently I was sooooo focused on getting the fridge in the new house (it matched the other stuff too much not to get it..I'd never find anything else to coordinate so well) that in my head I decided the ONLY appliance in the whole house I wasn't getting was the fridge. So imagine my surprise as I'm reading the inspection and the section on the washer/dryer says "not tested due to not being included in sale". WHAT??????? Looked at my purchase agreement...yup..not there. Looked at the MLS listing...YUP..not included. SOOO...guess who know has to buy a new washer and dryer?? On the other hand..I don't remember the ones there being anything special..and figured I'd replace them after a year or two anyway... But I really wasn't planning on spending that money right now.... So..I figure..I'm only in the new house about a month before I leave for 2 weeks on vacation. I'll ride it out with a W/D that month. By the time I get back from vaca I should have gotten my reimbursements for the loss protection and dual mortgage..so I can put that money towards the W/D. And maybe the new big ass tv I need for the basement entertainment wall. And maybe pay off vacation. Oh..and buy whatever craft room furniture I haven't bought by then since I've got that stuff all saved in a Target list so I can see what's onsale/free shipping/etc.
Hm..guess thats about all for now..perhaps tomorrow I'll get to a knitting related post....
Lets see...whats the latest....
Stuff is progrssing on the new house. Pass inspection with flying colors. Home inspector described my house as "perfect".
Got the paperwork to give the attorney in IL power of attorney to do the closing for me. Have to head to get stuff notorized AGAIN...why couldn't that have come last week when I was there and had a witness with me already? Now I need to sucker another witness into coming with me.
Stuff is progressing with the loan. Apparently the appraiser from the bank came back with some screwing input like the siding falling off the house and there being a homeowners association. I think we decided she went to the wrong house and are ignoring the specific comments.
On this end..no offers yet. The only bad feedback we were getting was on the blue walls in the living room..so they are no longer blue. Up until last week I was getting 3-4 showings a week. Last week nothing until Friday when I got a call at 11am for that afternoon (far from the 24 hours I was SUPPOSED to get). Then as soon as I got the puppy out of the house and got to the yarn store to kill time..they called and rescheduled for tomorrow. Wasn't that nice....at least they are still coming I guess. Nothing else for this week yet.
Got my buyout offer from the company...which is about $5k less than what I paid for the house and about $2k over what I owe currently. Which means even though our relocation policy lets me borrow the equity to close on the new house, there will likely be NO equity to borrow after the various prorations...at least not much. Oh..and I can't TAKE the buyout offer until Sept 8. Nearly a month after the closing on the new house. Now..before you feel too bad for me....yes the company has a loss protection clause..so eventually I'll get the difference between the buyout offer and what I paid. And yes, the company helps cover dual mortgage payments for up to 30 days...so eventually I'll get that back. But both are REIMBURSEMENTS. At this point..it will likely be late Sept early Oct before I see any of that money...which means I need the cash not only to close on the new house Aug 11...but to pay both mortgages also. Should be fun!
Oh..and I'm such a dumbass....apparently I was sooooo focused on getting the fridge in the new house (it matched the other stuff too much not to get it..I'd never find anything else to coordinate so well) that in my head I decided the ONLY appliance in the whole house I wasn't getting was the fridge. So imagine my surprise as I'm reading the inspection and the section on the washer/dryer says "not tested due to not being included in sale". WHAT??????? Looked at my purchase agreement...yup..not there. Looked at the MLS listing...YUP..not included. SOOO...guess who know has to buy a new washer and dryer?? On the other hand..I don't remember the ones there being anything special..and figured I'd replace them after a year or two anyway... But I really wasn't planning on spending that money right now.... So..I figure..I'm only in the new house about a month before I leave for 2 weeks on vacation. I'll ride it out with a W/D that month. By the time I get back from vaca I should have gotten my reimbursements for the loss protection and dual mortgage..so I can put that money towards the W/D. And maybe the new big ass tv I need for the basement entertainment wall. And maybe pay off vacation. Oh..and buy whatever craft room furniture I haven't bought by then since I've got that stuff all saved in a Target list so I can see what's onsale/free shipping/etc.
Hm..guess thats about all for now..perhaps tomorrow I'll get to a knitting related post....
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