I decided to start crunching number today, never a good idea when you're living out your dream btw. anyway, we decided to leave our savings intact and only spend the monies currently available - that trip to KFC is starting to haunt me :( So now I have to cut back on my plans and live in the reality. Which means I've got to save for the things I want, didn't I warn you it sucks.
So we'll be starting slower than I wanted, boooooooooooo. Looks like we'l get Lot, the bull, the pregnant heifer and a dozen chicks. We'll save and add to our FARMily (lol), after we sell the mobile home and can afford more.
The silver lining in all of this is that we are on track to close on Monday but you better keep those fingers and toes crossed and prayers flowing, just in case. :)
Oh yeah, and the lesson from all of this boys and girls is: crunch, crunch, crunch. Never let those number get away from you.
Showing posts with label homebuying. Show all posts
Showing posts with label homebuying. Show all posts
Saturday, May 17, 2008
Sunday, May 11, 2008
Classic case of FEAR continued
I told you I'd be back :) Ok so as I mentioned the water results came in and oooooh Satan was really working my last nerve. So much doubt and despair he was trying to get me in, but I was standing firm and remembering to praise God. They told me the water was not drinkable and that it was just BAD, not fit for any use. They recommended, calling a few companies that could possibly help.
So I called the first name on the list "Culligan", knowing I have to make a decision that day I email the results to them for a educated speculation and the man said, "ma'am, a well this bad is a candidate for a full RO system". Being the city folk I am, I had not clue what RO meant, it's reverse osmosis. Anyway, he then goes on to tell me that it's $12,000, I just about died a little at that moment and I admit I was week and I was asking God why. why let me fall in love with the house if it is not HIS will for us.
I call my realtor a few minutes later o relay the news and get a long why well water is not good lecture, and he leaves to inform the seller of their usable well water status. a few minutes later 'Steve' aka culligan man, calls back. Turns out that even with 26 years of experience people do make mistakes :) He mis-read the report and while it is fit for livestock and ok for plants it probably would taste 'off' to humans and then there is the issue of the sulfates which have a laxative effect at numbers greater 250, this well has is greater than 1600. AAAAAAAAAAAHHHHH!!!!!!!!!!
I get 'Steve' out to the house for a free estimate and low and behold the water was not as bad, it is bad. The estimate to make it drinkable is $4600. Please pray the sellers will assist with this expense either; 1. pay for it, 2. lower the price by the cost of it, or 3. offer to split the cost. Thanks for the continued prayer.
So I called the first name on the list "Culligan", knowing I have to make a decision that day I email the results to them for a educated speculation and the man said, "ma'am, a well this bad is a candidate for a full RO system". Being the city folk I am, I had not clue what RO meant, it's reverse osmosis. Anyway, he then goes on to tell me that it's $12,000, I just about died a little at that moment and I admit I was week and I was asking God why. why let me fall in love with the house if it is not HIS will for us.
I call my realtor a few minutes later o relay the news and get a long why well water is not good lecture, and he leaves to inform the seller of their usable well water status. a few minutes later 'Steve' aka culligan man, calls back. Turns out that even with 26 years of experience people do make mistakes :) He mis-read the report and while it is fit for livestock and ok for plants it probably would taste 'off' to humans and then there is the issue of the sulfates which have a laxative effect at numbers greater 250, this well has is greater than 1600. AAAAAAAAAAAHHHHH!!!!!!!!!!
I get 'Steve' out to the house for a free estimate and low and behold the water was not as bad, it is bad. The estimate to make it drinkable is $4600. Please pray the sellers will assist with this expense either; 1. pay for it, 2. lower the price by the cost of it, or 3. offer to split the cost. Thanks for the continued prayer.
Thursday, May 8, 2008
F.E.A.R.
F - False
E - Evidence
A - Appearing
R - Real
The true meaning of FEAR. I spoke with the loan processor this morning and she says to me that there are repairs that were faxed over to my realtor and the other realtor that will need to be done prior to the closing. To say the least I started to panic, I had her fax me the list to say the least. The list was as follows:
Paint exterior where peeling on exterior window trim
Install pipe on water heater - We knew this would be needed
Install smoke detectors
Install crawl space vents
That's it. I couldn't help but laugh at myself for panicking. I must have forgotten this is in God's hands and He is taking care of it. This house and property was chosen by God for us and is His gift to us.
On a side note the water results will be in shortly and they will be calling to let us know :)
E - Evidence
A - Appearing
R - Real
The true meaning of FEAR. I spoke with the loan processor this morning and she says to me that there are repairs that were faxed over to my realtor and the other realtor that will need to be done prior to the closing. To say the least I started to panic, I had her fax me the list to say the least. The list was as follows:
Paint exterior where peeling on exterior window trim
Install pipe on water heater - We knew this would be needed
Install smoke detectors
Install crawl space vents
That's it. I couldn't help but laugh at myself for panicking. I must have forgotten this is in God's hands and He is taking care of it. This house and property was chosen by God for us and is His gift to us.
On a side note the water results will be in shortly and they will be calling to let us know :)
Tuesday, May 6, 2008
Nerve racking
Well, so much has happened since I last blogged, where do I begin. Well last week was filled with tests of all kinds: home inspection, termite inspection, well and septic, well water quality and bank appraiser.
To say the least we were all on the edge of our seats when just days before these were to begin the key mysteriously disappeared and no one could reach the sellers realtor. That worked out to be a blessing in disguise as it gave DH and I a chance to walk the whole property. Imagine our surprise to meet a snake *eek*. Which put me on a new quest to find out about snake removal services. More on that later, back to the tests.
After 4 days of calling around our realtor made contact and got a key, just in time too since the inspector was due the next morning. All in all he gave a great report, nothing so major that had to be done or the house would be unlivable in is professional opinion. In fact the electrical was the most he found and as a licensed electrical contractor he admitted it would cost in the ballpark of 1K to fix completely. I've since had 3 other contractors out to bid the job and they agree, it's about 4hours work tops :) YAY!!
The well and septic were to be inspected on Thursday but it turned out that or realtor misunderstood and it was already done on Tuesday - still waiting on the report :( i do know that they hired a well company since then to bring the well house wiring into compliance so they may be waiting for a re-inspection by the county. If they'd ever return a call we may find out.
The water sample went out on Wednesday and was received on Thursday by the testing lab, the results are expected mid week. *fingers and toes crossed* :)
While the well company was out, DH got a chance to ask them a few questions as they apparently have been servicing this well for many years. We found out that the well has not gone dry even during years when there were droughts, it pumps about 10 gallons a minute - the guy said even with 10 more kids we couldn't need more water than that :), the water is crystal clear and cold. He felt safe enough to drink it and did :)
The termite inspector found evidence of termite and have requested that the seller pay the estimated $950 to treat. :) I love those guys. They were really great with our daughter too, she is so friendly that she kept following them around. The one guy told DH that he was keeping himself ready to dive in front of her since he was sacred she'd fall. DH had already rounded her up and sent her up but it was nice to know that this stranger was wanting to protect our girl.
During this round of inspections we had the pleasure of meeting our nearest neighbor, he asked how many kids we've got and when I said 5 imagine my surprise when he uttered, "aw that's not so many." God love him, I just about thought I died and went to heaven. To say the least we love this town :)
Any who, so while DH was out getting another electrical estimate he ran into the bank appraiser. A very wonderful coincidence. He was really impressed with the house and raved the whole time about what a steal it was. I confirmed that he gave a glowing report with no recommendations for repairs :) I also discovered that the house was originally priced 50K higher than we're buying it for, crazy right!
Then I get a call from my banker (ie I called him to see if he heard anything) saying that there are some papers that weren't signed and 1 last debt unaccounted for :( We finally got the papers in the mail on Saturday and returned them promptly before mail pickup Saturday evening. I took care of the last debt on Friday and they said the receipt would be available on Monday - HA!! Collection agencies will hound you for money and take their sweet time to give proof you paid them, UGH!! I got it this morning instead :) The bank girl still hadn't gotten the signed papers as of this morning though :( She said she would expect to get them by 2 pm so will be following up in the morning.
So one she gets through with all of that we will have an official bank commitment hopefully within 48 hours or less preferably. Pray we know by Thursday as I am so anxious and we are going out of town on Friday. It would be the perfect Mother's Day gift and birthday present for DH :)
Oh yeah and as for our snake friend, I finally got a hold of the Kansas wildlife and parks department and he informed me that the area isn't known to have any poisonous snakes as those prefer the drier areas out way west, YAY :) and they've only just begun to come out with the changing weather 8( Well thems the breaks, we'll be investing in good rubber boots for the entire family just in case :)
That's all for now. Keep those prayers coming and fingers and toes crossed and we'll be posting the final news from the bank soon.
To say the least we were all on the edge of our seats when just days before these were to begin the key mysteriously disappeared and no one could reach the sellers realtor. That worked out to be a blessing in disguise as it gave DH and I a chance to walk the whole property. Imagine our surprise to meet a snake *eek*. Which put me on a new quest to find out about snake removal services. More on that later, back to the tests.
After 4 days of calling around our realtor made contact and got a key, just in time too since the inspector was due the next morning. All in all he gave a great report, nothing so major that had to be done or the house would be unlivable in is professional opinion. In fact the electrical was the most he found and as a licensed electrical contractor he admitted it would cost in the ballpark of 1K to fix completely. I've since had 3 other contractors out to bid the job and they agree, it's about 4hours work tops :) YAY!!
The well and septic were to be inspected on Thursday but it turned out that or realtor misunderstood and it was already done on Tuesday - still waiting on the report :( i do know that they hired a well company since then to bring the well house wiring into compliance so they may be waiting for a re-inspection by the county. If they'd ever return a call we may find out.
The water sample went out on Wednesday and was received on Thursday by the testing lab, the results are expected mid week. *fingers and toes crossed* :)
While the well company was out, DH got a chance to ask them a few questions as they apparently have been servicing this well for many years. We found out that the well has not gone dry even during years when there were droughts, it pumps about 10 gallons a minute - the guy said even with 10 more kids we couldn't need more water than that :), the water is crystal clear and cold. He felt safe enough to drink it and did :)
The termite inspector found evidence of termite and have requested that the seller pay the estimated $950 to treat. :) I love those guys. They were really great with our daughter too, she is so friendly that she kept following them around. The one guy told DH that he was keeping himself ready to dive in front of her since he was sacred she'd fall. DH had already rounded her up and sent her up but it was nice to know that this stranger was wanting to protect our girl.
During this round of inspections we had the pleasure of meeting our nearest neighbor, he asked how many kids we've got and when I said 5 imagine my surprise when he uttered, "aw that's not so many." God love him, I just about thought I died and went to heaven. To say the least we love this town :)
Any who, so while DH was out getting another electrical estimate he ran into the bank appraiser. A very wonderful coincidence. He was really impressed with the house and raved the whole time about what a steal it was. I confirmed that he gave a glowing report with no recommendations for repairs :) I also discovered that the house was originally priced 50K higher than we're buying it for, crazy right!
Then I get a call from my banker (ie I called him to see if he heard anything) saying that there are some papers that weren't signed and 1 last debt unaccounted for :( We finally got the papers in the mail on Saturday and returned them promptly before mail pickup Saturday evening. I took care of the last debt on Friday and they said the receipt would be available on Monday - HA!! Collection agencies will hound you for money and take their sweet time to give proof you paid them, UGH!! I got it this morning instead :) The bank girl still hadn't gotten the signed papers as of this morning though :( She said she would expect to get them by 2 pm so will be following up in the morning.
So one she gets through with all of that we will have an official bank commitment hopefully within 48 hours or less preferably. Pray we know by Thursday as I am so anxious and we are going out of town on Friday. It would be the perfect Mother's Day gift and birthday present for DH :)
Oh yeah and as for our snake friend, I finally got a hold of the Kansas wildlife and parks department and he informed me that the area isn't known to have any poisonous snakes as those prefer the drier areas out way west, YAY :) and they've only just begun to come out with the changing weather 8( Well thems the breaks, we'll be investing in good rubber boots for the entire family just in case :)
That's all for now. Keep those prayers coming and fingers and toes crossed and we'll be posting the final news from the bank soon.
Monday, April 28, 2008
God's timing!
Some years ago I had found out about the first time homebuyer bond program which give the buyer 4% towards closing/down payment/pre-paids. I was totally psyched as I'm always up for some free money :) I mean who isn't. anyway, we found this house and the bank says there is no bond money because of the "market" conditions.
I accepted that (initially) and proceeded to negotiate the contract which eventually came down to who's going to pay the closing costs? Well with no bond money to lean on I stood my ground and said, "not me". The came back with a couple offers and again I turned them down standing firm, then they lowered the price and I declared, "DONE!!!"
Well skip to last week when I persist to get more info on the bond thing since I'm like a dog with a bone when it comes to free money. I speak to this one guy and he tells me that I should apply anyway since they are trying to get funded. I left a message for my banker to submit the application.
This morning bright and early he began putting the application together and through my searching for other "free money" I discovered that the bond had some money available and tomorrow I should know how much they are reserving for me, YAY!!! Did I mention, everything in God's time? :)
I accepted that (initially) and proceeded to negotiate the contract which eventually came down to who's going to pay the closing costs? Well with no bond money to lean on I stood my ground and said, "not me". The came back with a couple offers and again I turned them down standing firm, then they lowered the price and I declared, "DONE!!!"
Well skip to last week when I persist to get more info on the bond thing since I'm like a dog with a bone when it comes to free money. I speak to this one guy and he tells me that I should apply anyway since they are trying to get funded. I left a message for my banker to submit the application.
This morning bright and early he began putting the application together and through my searching for other "free money" I discovered that the bond had some money available and tomorrow I should know how much they are reserving for me, YAY!!! Did I mention, everything in God's time? :)
Sunday, April 27, 2008
Riding the purplewave
So I am totally addicted to purplewave.com an auction site rocks!!! I am currently bidding on several restaurant quality items from an Inn that is closing 3 hours away. I googled the stove and found out that it would cost $3000, WOW!! 
Anyway, the auction is due to end on the same day as we are closing on the house so everyone pray that I have a smooth closing and a comercial kitchen for a fraction of the cost. Did I mention I'm also bidding on the dishwasher, beautiful high powered piece of machinery.
Oh if I could just take the whole kitchen and the tables and chairs, scratch that, if I could just transplant the whole Inn here, that would be divine. It totally feed into my retirement plans of a B&B but we'll have to work on that a while longer.
Home Buying frustrtion and venting
How is it my realtor doesn't seem to have the faintest concept of time. I call him to check on certain items like getting a key so that the water sample can get done and oh that's right 3 days later I am still calling him and getting the same answers.
Mind you I probably shouldn't be surprised as I seem to constantly be the one calling and calling and calling. It's like pulling teeth with him and that other guy, you'd think we were living in a sellers market and the economy was just booming for their business.
Oh the joys of home buying,no wonder people try to do this but once or twice in their lifetime.
Mind you I probably shouldn't be surprised as I seem to constantly be the one calling and calling and calling. It's like pulling teeth with him and that other guy, you'd think we were living in a sellers market and the economy was just booming for their business.
Oh the joys of home buying,no wonder people try to do this but once or twice in their lifetime.
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