FINALLY..........after 4 long months of waiting, we were handed those precious keys yesterday!! What an ordeal this has been. We found out that apparently our lender was not a very good one. The lady at title said it was her first, and hopefully the LAST time she would have to deal with them. She also said buying a short sale had nothing to do with the all the nit-picking & delays...it was because of the lender.
We signed papers last Friday and as we were signing, the lender called, said the closing costs needed to be adjusted & raised them $400. Then on Monday, we are waiting for the funds to close & the deal to record and the lender tells us they need our latest paystub & phone #s on a doc that didn't have them. *eyes rolling* but we hurriedly gave them what they asked for. Then on end of day. Tues, they decided to to not credit us the aggregate adjustment (whatever that means) and needed a few more forms filled out...meaning, they wouldn't record until we paid another $600+ & completed the forms. WHAT?!@? Unbelievable!!! I was seriously doubting that this deal would go through. If we didn't record Wed morning, our rate lock would have expired & we would've had to start the ENTIRE process from square 1...adding up to more fees we wouldn't be able to pay. But miraculously, everything went through on Wed, we recorded at 3pm & got the keys!!
We are VERY excited to finally have a permanent place and for all of this to be over. Even with all of the extra fees we've had to pay, we still have $40,000+ instant equity in the house! I've started painting Nate's room & we are scrubbing the place clean so we can move all our stuff in by this weekend. YAY!!
Thanks to everyone for all your prayers, encouragment & support during this grueling process. Next time, I'm paying cash for a house. haha.
A toast to the new place with our nearby neighbor friends
Painting Nate's room. It's going to have a beach theme. Even the paint has fun names like "Shallow Tide" (blue-gray) & "Sand Between Your Toes" (sandy brown).