Thursday, April 30, 2009

Purchase House: Check.

Tomorrow marks our long awaited closing date for our first real estate transaction.  Kim and I are extremely excited and very ready to move in.

Overall the whole process has gone very well.  We found, through recommendations, an awesome Realtor named Tim Leonard.  He has done an excellent job listening to our home wishes. In fact, we wouldn't have found this home if he hadn't taken the liberty of showing us something not rigidly within our guidelines, but meeting the spirit of our guidelines. He's also done an excellent job keeping us informed throughout the process.

Our relationship with our mortgage broker has been a little less than smooth.  I won't name her name, because she did make things in right in the end by us, but we feel we had to fight every step of the way. The basic contention was whether we would be paying a point or not. From the get go, we decided we were not interested in paying a point. 6 times we went back and forth where she gave us a quote with a point, we told her no point, and we get another quote. We get the papers from the loan processor, it has a point.  We get all the way to today, the day before closing, it has a point. When we got the papers from the loan processor I made it very clear I was not happy, as a concession she gave us the rate we would have gotten by paying a point, without the point.  After the correction goes through today, that will be our final word on the loan.  In the words of Tim, "[we're] getting a smoking deal."

Once we close tomorrow, we're taking the next week to move stuff in piecemeal, do any painting/cleaning that is necessary, and just reveling in our house. The following weekend we are moving all the large furniture over with the help of many (hopefully) of our friends. The weekend after that we go to Ireland. A few weeks after we get back from that, it will be time for a house warming party.  Phew, I'm tried just typing that schedule. It's going to be awesome though.

That's it for now, see you on the flip side.


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