Livin' la Vida Roko

Monday, November 15, 2004

My hand hurts.....

....from signing and initialing all of those title and loan documents. UGH! It took about 45 minutes to get through it all. But our part is now done. Just waiting on the seller to sign the documents and come up with the rest of the cash that she owes.

Interesting side note, we found out yesterday that the seller is actually going to be losing money on this deal. Apparently there was a clause in her loan refinancing deal that states if she pays the loan off early, a $7,500 penalty will be imposed. A great way for the banks to ensure they get their money. Good thing we don't have any clause like that. Just something to look out for when you're researching lenders.

Hopefully all will be in order for us to move in tomorrow evening. We can finally move out of the storage unit which is quite full as you can see. And this was before we had the refrigerator and other misc. things from Newberg in it.

Where's the purge button?

-Ken

1 Comments:

At 12:29 PM, Blogger Ken said...

Ken forgot to mention that we're still waiting to see IF the seller shows up today with the money she owes. She was putting it off until tomorrow, but our realtor has been making some phone calls to get her in sooner. Keep in mind that she could show up and sign the paperwork without the check... meaning we don't get the house until she brings the money. Once the lendor gets the money, it takes at least 24 hours after that for the deal to post (i.e. when we're allowed into the house). We're supposed to get it tomorrow at 5 pm per our original agreement. She's supposed to go in at 3pm today, however, no money means we have to wait at least another 24 hours and we don't get our house until Wednesday at the earliest. FYI, we're living in a hotel right now with all of our plants and cat. Can't wait until this is all behind us. Keep your fingers crossed. -L

 

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