House Update

1 month later and here's where we are at:

We had the inspection and appraisal. All went fairly well. The biggest issue was that the heating and ac were not turning on. However, the inspector said the systems were pretty good systems and fairly new, so he thought it might just be a breaker issue. You should see how big the final inspection report was! It's basically an entire book in and of itself.

The appraisal was fine - in fact, our appraiser had been out to the same house a couple years ago and appraised it at $600,000! hahahahaha . . . oh the bubble days. *sigh* But the final appraisal did come in about $30K more than what we are paying for it. So I guess that's good . . . on paper. It still makes no difference in what our monthly payments will be or how much it will be worth when we sell it. But at least we can feel like we're getting a good deal out of it.

We have been told that our loan has been approved - even though they seem to want more documentation each day. They even had to call our employers to get a verbal verification of employment. Then someone else from the bank will call back later to verify that it was verified - this is after giving them essentially 6 months worth of paystubs and getting letters regarding our employment. I'm surprised we haven't had to give a DNA sample yet!

Then there's the escrow company and the 50 pages we had to sign for them. We had to initial that we initialed documents - I guess to show that we saw them . . . again?

Oh, and we've finally found a homeowner's insurance company. Initially we contacted the company that does our car insurance. But they basically told us that they would be too expensive for us since we're buying in "an area like Van Nuys." They suggested we go to another company at least until we get the place fixed up.

Last week, Aaron had an electrician come out and look at the wiring. He got the ac and heat to work, so that's good. In addition, the electricity in the garage now works. Aaron verifided that the dishwasher was working - so that's one less appliance we have to purchase. :)

I think that's it. As of right now, we are set to close July 30. I have a feeling it may get delayed a little, but it should definitely be in August sometime. Then we just have to change the carpet, paint, and do a little gardening before we can have a housewarming party!