Going about the process

There's a lot of paperwork involved with buying a home, and just when you think you've finished all the paperwork, they give you more. I can't complain though. It feels good to sign the stuff.

We're moving along nicely in the loan process. So far, we haven't hit any major hang-ups (knock on wood.) We got the appraisal report back today and everything looks good. The home appraised for more than we're paying for it and it meets FHA criteria.

I'm still very cautious. This home search has been a scary process and I don't trust anyone or anything. At what point is it safe to look at paint colors? (Not that it matters, I've already decided what I want to do. ::sigh:: I'm obsessed and have no patience.)

New House

Things are looking up

We put in offer in on a house about a month-and-a-half ago. I didn't post about it because I got tired of posting the same thing, and honestly our offer didn't seem that good. I assumed we wouldn't get the house. Well, I assumed wrong. They saw our offer, gave a reasonable counter-offer and we went with it!

Fast forward a few weeks. We've completed the inspection and are working on getting a loan processed. The house has a few minor issues, but nothing major enough to make us want to break the deal.

Details aboutt the house:
It's 1600 square feet. 3br/2bath. It has a very small yard, but overlooks a nice little lake (retention pond.) The house doesn't need a ton of work, which is nice. The only appliance that needs to be replaced is the refrigerator. I'll add pictures of everything in another post.

So far, so good. The house gets appraised today and I'm not at all worried about it not meeting conditions. The only thing left is for the loan to process so that we can lock in a rate and close!

Oh.. and just an FYI if you're looking to buy a house. Interest rates are back down to 5.5%. Score!