Wednesday, July 22, 2009

Wednesdays Update

Hi everyone. Yesterday after work, we went to give our earnest money to the Escrow company handling the closing on our home. It was a wierd day. I think it finally hit Rob. Afterwards, on the way home, he got really giddy, you know, laughing at stuff he normally wouldn't laugh at. Then I started laughing at him laughing. Well, when we finally got home we settled down and realized that we just bought a house! I guess we both have sorta delayed reactions to big stuff like this.

Then today, I got emailed, by our agent, the final approval letter that shows from the Seller's lender that everything is approved for sale, as specified in our Purchase and Sale Agreement and Addendum. After downloading it, I read through it, or actually I skipped through the beginning legal mumbo jumbo to the figures of what gets distributed and how much. When I saw all the amounts I think that's when it finally hit me how much money is involved here. I knew it in my head, but somehow seeing it on paper with the bank's logo, it seemed so formal. And it should. It is formal and final. At least at this point of the journey. Next we have the Inspection. Everything could change then, depending on the outcome. If the Inspection shows anything major, that we can't afford to fix or don't have time to fix before closing to appease FHA, then all is off. So please be praying that all will go smoothly next Monday. We'll know on Monday the results of the Inspection so we'll post again that evening. Thanks for all your prayers...L

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