House update
Jul. 26th, 2009 03:14 pmWell, the appraisal finally came back with no strings attached as, "above value" so we are good to go. All the paperwork as gone to underwriting! Whohooo!
That is a huge relief. We have spent the last few days packing, though with the heat-wave moving across the PNW it is a pretty uncomfortable process.
The other thing we have been waiting for is a final financial accounting so we could budget (rather than just shop for) the appliances and hot water heater and if there is enough left over wood floors. Plus, we really want to pay off a bunch of our credit card. We gave up on being able to pay the whole thing off via the sale of our house a while ago, but it would be nice to get it back to where it was before we abused it so badly getting the house ready for sale (and we need the last little bit of room on it for the move itself.) Ron had run some numbers and came up with somewhere close to $10,000 which seemed reasonable since our house sold for $380,000 and the house we bought was $357,000. Not nearly as much as we thought we would have when we started this process, but still okay.
The most important goal that we have been talking about the last few days is to have a months expenses put away plus an emergency buffer, since the emergency buffer suffered much the same fate as our credit card in the run-up to the sale.
Our agent and the financial guy sent us the numbers today, and as it turns out, once you subtract all the money we had to pay the buyers of this house to settle their issues with the inspection, and pay all the other fees and charges and payments that just come with buying a house, we end up with, drum-roll please:
$1,500.
Like I told Ron, at least we have each other.
That is a huge relief. We have spent the last few days packing, though with the heat-wave moving across the PNW it is a pretty uncomfortable process.
The other thing we have been waiting for is a final financial accounting so we could budget (rather than just shop for) the appliances and hot water heater and if there is enough left over wood floors. Plus, we really want to pay off a bunch of our credit card. We gave up on being able to pay the whole thing off via the sale of our house a while ago, but it would be nice to get it back to where it was before we abused it so badly getting the house ready for sale (and we need the last little bit of room on it for the move itself.) Ron had run some numbers and came up with somewhere close to $10,000 which seemed reasonable since our house sold for $380,000 and the house we bought was $357,000. Not nearly as much as we thought we would have when we started this process, but still okay.
The most important goal that we have been talking about the last few days is to have a months expenses put away plus an emergency buffer, since the emergency buffer suffered much the same fate as our credit card in the run-up to the sale.
Our agent and the financial guy sent us the numbers today, and as it turns out, once you subtract all the money we had to pay the buyers of this house to settle their issues with the inspection, and pay all the other fees and charges and payments that just come with buying a house, we end up with, drum-roll please:
$1,500.
Like I told Ron, at least we have each other.