Friday, September 30, 2011
This is a bad picture of it. I was going to get a better one then forgot. But here it is:
Sunday, September 25, 2011
Anyway, the real estate agent we've been working with sent me the documents from the appraisal...which basically just points out everything that needs to be fixed on the house and why it came up with the value it is. Seriously, the funniest thing is that these fixes are estimated to cost under 3000, but if they were all fixed the value of the house would be 10,000-20,000 more in this market. It's so weird how it works. But we're happy to fix them all up because this house is really good quality for the price! I can see why people flip houses now (not that I have any desire to do so, but I guess over time that's what we'll be doing when we sell it eventually, but anyway that's beside the point). There were a bunch of pictures of the house in the appraisal. They're not the best quality, but you'll get the general idea. For anyone that is related to Heather Powell, the floor plan is a LOT like the house that you guys lived in when I first met Heather, the one on 2700 w by Sugar Factory rd.
Here is a tour of our new (hopefully) house.
Thursday, September 22, 2011
We still don't know for sure if we are approved. If you haven't been reading, the bank failed to report the car loan to Phil's credit for the past 18 months so we've been waiting for that. They report everything at the first of every month. Which means we really won't know for sure until October 4th when my mortgage guy is going to pull the report again.
We were going to do a rapid rescore, but that's pointless to do until the bank has reported the loan. So the mortgage guy made a suggestion to add Phil to my (small) credit card and line of credit. When we first became joint on my account for some reason or another I didn't add him to those. I have no idea why we didn't do that, but I had it in my head that we couldn't. But what probably happened is that I didn't think it was important at the time. So today I called the bank and asked if we could do that so they had to run another application. Which I think is kind of stupid because I know they just gave it to me, but it might have been when I was doing other things (like getting my first car loan) and so I didn't realize they were running an application. Plus this was so frickin' long ago, I don't remember. I mean I got my credit card 5 1/2 years ago when I bought my first car (she just added it to my account so I would have something on my credit) and my line of credit I got in like 2003.
Ok so this is where the good news comes in. As long as he is approved to be on my credit card and line of credit (which I will be pretty confused if they don't!) when they add that to his credit, it will back track to the time I opened each one! So it's not going to START counting them, it's going to act like it's been counting it for 5+ years! So that gave me some MAJOR hope! Considering that my credit is good I'm hoping that by adding all of the things I have to Phil's credit should make it close to the same (I hope!). So even though we have to wait another 2 weeks basically till we can find out what Phil's credit score officially is, I am pretty confident that it will be high enough. If it is then the house is for sure ours! So I can't wait till October 4th! Which is coincidentally my nephew Austin's 4th birthday! I think getting into a house is a great birthday present for my nephew don't you?! Then we will move in around Audrey's birthday (maybe a little after) so that is a good present for her too don't you think??
Wednesday, September 21, 2011
I'm going to be perfectly honest right now. I'm not the stressing type. Some may say I handle stress well, others will say the opposite. Because when I get stressed I find a way to not worry about it. I hate worrying. So sometimes it's very useful. For example, when I'm taking classes I turn in a paper, or do a test and promptly forget about it, or put it out of my mind. Sometimes I will talk myself into thinking I got a lot of answers right because I have no control after it's over and I don't like to dwell. But on the negative side, I tend to push things off that give me stress and rationalize until it gets resolved. So in some situations, I'm good with stress. In others, the stress control prevents me from being effective.
I wanted to explain this so that you can understand that large amounts of stress never occur in my body. Pretty much ever. Yeah I get stressed out, but I hate being stressed so much that I always find the quickest way to get rid of it (sometimes stress is also a catalyst so that's good!).
So maybe you can understand that the amount of stress caused by waiting for this STUPID credit report is driving me insane! I am actually surprised what it is doing to me physically. I was sitting at a drive through and got a small dizzy spell that made me think my foot wasn't pressing on the brake hard enough. It freaked me out! I got another dizzy spell earlier this evening. The knot in my stomach is unlike anything I've ever experienced! It has not gone away since Saturday and just keeps getting worse. I keep trying to reassure myself that it will be fine, but I just have NO idea how credit works and am not sure if the car payment alone is enough to make his credit score where it needs to be!
I know that if it's not high enough it won't take that long to fix, I just HAD to fall in love with this STUPID house!!!! I want to hate it so bad! I have already tried to tell myself it's not going to happen! But nothing works! I have slept 4 hours a night since Friday. That's not enough! I'm going to go crazy until we find out. Please pray for me...and my health haha!!!
Monday, September 19, 2011
So the last few nights I have gotten like 4 hours of sleep tops. It takes me forever to fall asleep and then if I get woken up I can't fall back asleep. The first night it was excitement. We had just seen the house and I really wanted it. It was also a little bit of worry. Worry that someone else would beat us to it. Then since Saturday I literally have had a constant knot in my stomach!!
So today our offer was accepted! Usually you'd be thrilled right? Well, that is when you put your offer in knowing that you're truly preapproved! Because of the credit issue, our mortgage guy decided to go ahead and give us a letter of preapproval based on the fact that Phil's credit score will probably be fine. Probably. The definition of probably is not guaranteed. This means that potentially something COULD go wrong! I am not a mortgage guy so I have no idea what the probability of something going wrong is. For all I know we're TOTALLY fine, but I am not certain.
Maybe this will help explain the knot in my stomach. Today the real estate agent called and he was really excited for us because this house's resale value in this market alone (as low as it is right now) according to the other houses in that neighborhood of the same size is 30-50,000 more than what we are paying! If we recarpeted and repainted we could EASILY resale it for at least 10,000 more alone. We're not going to resale it for a really really long time. I mean this house could end up being the house my kids grow up in! If we don't have anymore kids (which we don't plan on) then this house won't get too small for us. I mean yeah eventually we might want a nicer one, but my point is that paying this low means that when we get our college degrees we will still be paying such a small amount every month. So, basically we'd be getting a really really good house for the price!
If something happens, admittedly I will be really really really sad. I have the knot because I KNOW something COULD go wrong. I'm not naive! And in that case I'm SURE we'll find something else we love, but that means waiting even longer. It's ok. We will live. Let's just hope that it DOES work out!
Saturday, September 17, 2011
First of all, I don't have my hopes up. When it comes to buying a house, I know that it takes a lot of time, you don't walk into the house you want on the first try! I know that a lot still needs to happen before it is even close to official, but knowing that this is the kind of house we can find made me SO happy!
Ok on to the story.
So we started at this big, but pretty old house. One that would totally need a roof replacement. It had a gravel roof. No thanks! So, that put my hopes kind of low right off the bat; The second one didn't have enough bedrooms; the third needed some repairs and was doable, but only had one bathroom; the fourth was beautiful, but we'd have to bring down the price by a lot and it wasn't guaranteed we'd be able to, plus it was in a kind of bad neighborhood; the fifth smelled WAY too strong like smoke; the sixth was awesome. Loved the floor plan (one of my favorite floor plans), but we'd have to bring down the price, and it was off a busier street (7000 s. at close to 5600 w.). By this point the kids were getting sick of being in the car, we were getting tired (well Cindy was getting tired) and Phil was done too. But there was ONE more house that I REALLY wanted to see. I had seen it online, but it didn't have any pictures of the inside. There were a few more houses that he had prepared for us to see, but we were going to cut it short. We were SO close to that last one I wanted to see I just wanted to head over there quick because it was already priced in our price range and it had 4 bedrooms.
So we pull up to the house. It's situated at the back of a cul de sac. One HUGE thing checked off my ideal list. The front yard doesn't look like a haunted waste land, check. The porch was perfect for placing pumpkins for trick or treaters, check. We walk in, though it's a split entry, it has a nice open floor plan, check. The lights get turned on and it's so bright and inviting and warm. The carpet doesn't need to be replaced before we move in, check (though we will replace it eventually). Big backyard, check. On top of that as an added bonus it has a fire pit, a cute little deck for eating breakfast outside or watching the sunset. It's spacious enough to have a family party, a one car garage, and for some reason a slide in the backyard. Ummmm could I fall any more in love with this house?? Not to mention it was in a nice looking neighborhood where the yards were well kept! Wahoo! So yeah. This was totally the one! It had every single thing I wanted in a house.
I was very surprised to find a house that had everything on my check list.
Now here's the weird part. We went into the house and left Cindy and the kids in the car. While we were inside (already thinking this was the one) Cindy walked in with Nate and said "when we were in the car Nate said 'this is my house'" What the??? How crazy is that?? So if we DO end up moving into that house, we can always tell the story of how Nate said it was his house.
So, us, not knowing anything about buying a house, and not originally going into this like we were planning to buy a house right away, were not preapproved for a loan yet. So now we are going to do it ASAP because we want to make an offer! I already knew our price range because America First has a mortgage calculator where you can enter your gross earnings and it tells you an estimate on how expensive of a house you can buy. And after we looked at it, I calculated how much our monthly payments will be and it is the same as what we were paying for rent in our old place (including the insurance and taxes!). Of course the utilities will be more expensive than an apartment, but we're ready for that.
Anyway IF anything happens, you will be hearing about it, but I'm not getting my hopes up until it's official. We might take our time searching for houses too and this just got the ball rolling, but now I know what we can get so I'm pretty happy about that! Yay!
Friday, September 16, 2011
Every year my work gets involved in a walk called Making Strides Against Breast Cancer. Don't get me wrong, I am ALLLLL for curing cancer! I am totally on board with that! What I am NOT on board with is a company MAKING MONEY off of cancer! Confused? Maybe this picture will clear things up:
Thursday, September 15, 2011
Sunday, September 11, 2011
Lastly, Nate cracks me up. He wrote his name and goes "look mommy! It says Nathan!!!" And it's spelled Naten. Like he spelled his name the other way then just added an N! So funny!!!