A New Place to Call Home?

Okay, so I have been reluctant to put anything out here about the house we are trying to buy. I keep telling myself not to talk about it or go into any detail because I might jinx it. Well that is just stupid. We are big believers of what is meant to happen will happen, so whether I talk about it or not, God will decide if we really get to buy this house or not.

So the house we found is in a town called Lake in the Hills. Kinda' funny actually when there really are no "hills". This is the Midwest, and if there is a hill, it is more of a slight elevation in the road. There are small lakes, or big ponds, depending on how you see your glass. So here is a front view of the house. This was pulled off a website, and was taken when it was snowing, so not the best picture. I will get a better one up sometime.

It was quite the whirlwind to get this into contract. We were first going to go with a down payment assistance program so that we could keep cash in our bank. Everything was agreed to by everyone. Then we decided to switch gears and go with a 3% down conventional loan. We originally thought we could not do this, and then found someone who would do it. Everything was agreed to, again, and it was going fine. Then I got a call on Monday evening (Apr 21) and found out that the house was in a "Declining Market" which meant we had to come in with another 5% down, or go some other route.

So, we decided to switch to an FHA loan. Still only 3% down, but we did not have to deal with a declining market. Also, we did not have to deal with a higher sales price for the down payment assistance program. Well, everyone agreed to the third change, and we are now heading down the perverbial road. Home inspection has been completed and we have asked for them to fix a few things, but not everything on the report. I can do some of them, plus we want to look reasonable. We also asked for a change in our closing date from May 29 to June 2. The request was sent off yesterday afternoon, and hopefully we will hear something by tomorrow afternoon. We will give more details on the house in another blog.

Hurry up and wait. Wish us luck!