Now to that new place. For the last month or so we've been building towards a September 1st closing date (the date originally suggested by our Lender.) I expressed to the Lender and to the Title Company the fact that September 1st is Monday, Labor Day, and everyone assured me it wouldn't be an issue. And wouldn't you know it, it IS an issue! But it appears we've got everything worked out now. We'll go in Friday to officially sign all of the documents, and the loan and settlement won't officially post until the next available day, which would be September 2nd. Luckily we're dealing with some very nice owners, and they have said that they have no issues getting us the keys once everything is a done deal and the documents are signed. Just another bit of stress and frustration to this final week, but we'll make it. We're waiting for official word that everything was great on the Appraisal (according to our Lender: "no news is good news") but the home-owners told us that things went great on Monday night with the Appraiser. Is it bad when we get more updates from the Home-Owners than from our Lender? I guess another one of the crutches of buying For-Sale-By-Owner without a real estate agent. But keeping that potential 3% commission sure is nice :)
Here & There
14 years ago
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