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On We Bought a House (We Hope)
Thank you for this! I've been going through the same thing over the past week and dutifully assembled my own collection of W2s, pay stubs, etc. so that we could qualify for an FHA Homepath Renovation Loan. My boyfriend and I are not engaged or married, either. I signed our paperwork today to put in our offer only to hear back a few hours later from our realtor that someone else had also put in an offer. And now we have to get into financial fisticuffs and put in our "best, highest offer" to beat the other party. I just want my farmhouse, people! Let me have it! Good luck to you as you buy your house - it truly is maniacal, terrifying, and exhilarating, isn't it?
Posted on May 7, 2012 at 7:33 pm
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On We Bought a House (We Hope)
@sony_b That's crazy! We're pretty sure there was another offer, but we didn't up our bid tremendously. Definitely not $50k! And they accepted today, even agreeing to pay all closing costs because man, oh man, do we not have the cash for a down payment AND closing. How so many people manage to buy houses is beyond me - this is hard stuff. Now we're on to the home inspection part and we can get out of it if the results are not to our satisfaction. Hooray!