The closing won't be tomorrow but it will be on our original planned date of the 23rd. That's Wednesday. I'm going to be a homeowner.
Holy shit, y'all!
Our broker is just fan-freakin-tastic. Not only has he bought down our rate (this is banker talk for "I'll give you money now instead of later), he's finagled the closing numbers so well that our out of pocket expense for buying this house is hovering at or below zero dollars. Yeah - at or below zero dollars to get into this house.
As in, pay no money and get into the house. Have a month on us and just pay your mortgage starting in August.
The appraisal also came in at just a hair under $135,000. Our mortgage is for $130,000.
We're putting zero dollars down to get into a house that we'll have almost five grand of equity in as soon as the ink dries.
I love the Navy. I love the VA. I love my broker.
Sounds great!!! We had a similar situation. After we walked away from closing we had spent perhaps $1500 dollars (out of our pocket) to buy the house, and that included the first years Homeowners insurance.
We worked our butts off this weekend, but made more progress than I expected this soon. Hoem ownership is awesome...
That's a whole lotta lovin'. Maybe it's time to do a Donald Trump, take the $5,000 profit, turn it into billions and host your own reality TV show.
I can say I knew when you were just a blogger...