We are going to put a bid on the house hopefully tomorrow. It’s been amazing to see how all the pieces have fallen together. There are still several obstacles to go through before it’s final but so far so good. We’ve never been in this place before, it’s a very exciting adventure.
Some areas that we are praying for-
-That our bid gets accepted and we can move forward on the process of obtaining the loan. We will find out at the beginning of the week if our bid was accepted.
-When the bid is accepted that the inspection goes well and they don’t find anything unrepairable.
-When the contractor bids the rehab, we are praying that we will be able to stay within a budget that is reasonable to keep our mortgage affordable, and that we will find the right contractor to do the job, someone who is honest and a hard working guy.
-We are also praying that we will be able to lock in on a really low interest rate. The rates are really good right now, under 6% but we are hoping for 5%.
We still have a long way to go before we know for sure if this is going to work out, but every day it is looking more hopeful. The kids had a blast when we went to look at the house today, they just ran and ran and ran! Oh yeah, and I forgot to mention, it has five bedrooms and it said on the add that there were 1.25 baths, but it has 3 full baths! I’m imagining 5+ teenagers getting ready, 3 bathrooms would be a real blessing! :)