Thursday, May 24, 2012

Getting Close to Closing

The appraisal went through without exception which is nice because we have a little more time to get the roof replaced (an extra pay period will do wonders). All of our information got sent into the underwriters to get approval for the loan and they had a few questions. We got the remaining paperwork together and sent it to the bank, so now we are just waiting to see if they approve now. It's looking like we will probably close around the first week of June. Now I need to get bedroom carpet and paint colors picked out and we need to line someone up to take off the popcorn ceilings in the bedrooms and replace it with a more modern-looking texture. Lots of work to do again, but we are excited to have more room!

We are hoping to get our current house rented out soon as well. We should be able to be out of it by July 1st so it would be great if we could find a renter by then. With all the updates we have done and the location, we are hoping to get around $700 per month and have the renter pay utilities. If we can get the right person in that we trust and know would stay a while, we might consider decreasing the rent some. We aren't in a huge hurry at this point so we'll just have to see what we can find.

No comments:

Post a Comment

I would love to hear your comments!