As early as next week!

We may be closing as early as next week. My dad bought his first house when he was 24 years old. My main goal in this whole thing was to beat him. I'm only 23 for 2 more weeks, so we better close next week!

The electrical work is being started this morning at 9am. The electrician's estimate on time was 2 working days. When I talk to my loan officer and real estate agent today, I'm going to ask if we can get this deal wrapped up on Monday. Wouldn't that be great?!

That means the next time I see my parents (in 6 days) I will be a homeowner.

Everyone, keep your fingers crossed, though, because there is still a lot of stuff that can go wrong.

Alvin makes me scream "$@@#%!!!!"

Alvin is refusing to let the electrical work be completed unless George and I put $4,000 in non-refundable earnest money. When we close, we can still put that money towards closing costs and down payment, but if something goes wrong, all that money is gone. *POOF*.

Our loan will not let us close unless this electrical work is done before closing.

Alvin won't let the electrical be done unless the above stated condition is met.

George and I feel extremely uncomfortable putting that much money on the line. The odds are 100 to 1 that something could go wrong. Those odds are in our favor, but I'm not putting our entire savings on the line.

So, this is where we are.

George and are are pi$$ed off and want to call Alvin and use a few colorful words about how "fun" he is to work with. He's made every step of this like pulling teeth and George and I are so frustrated we're about ready to track him down and kill the old geezer!

Wednesday

I woke up this morning and thought it was Saturday. That was a very depressing way to start Wednesday! I think Jason said it best on Monday morning at 8:01am, "Is it Friday, yet?"

Housing Update August 5, 2008

WE HAVE A SIGNED AROUND DEAL.

That must be the news everyone's been waiting to here. Everyone that reads this post, anyway. The one person. Probably Just Hilary. Maybe Jane.

Now it's time for the appraisal and for the electrical work to be done. I'm sure we'll hit a few more bumps in the road, but at least we've moved on to the next chapter in this home purchase story. (I hope you like my use of multiple analogies.)

Housing update August 4, 2008

Alvin, the old fart, REJECTED our request for him to update the electrical. After some emotional searching and long talks on the beach, George and I agreed to increase the amount of our offer in the exact amount of the electrical bid. Since that will be a net difference of $0 to Alvin, we're hoping that he'll then agree to pay for the electrical repairs.



If he doesn't agree to this final offer, then we're dead in the water and we will have to start over. I'm exhausted from looking, so "starting over" my also involve a hiatus of not thinking about houses at all.