Last Thursday we went and looked at some houses with our real estate agent.
Then we gathered documents and information and sent them to our mortgage guy.
Wednesday we got the "you're qualified for a VA loan" message from the VA. When I researched it online awhile ago, it said to expect the process of getting your VA approval to take a couple months. Hmmm, yeah, we got it in a couple days.
Yesterday we looked at some more houses and we met with the mortgage guy to go over all the numbers- so glad we didn't have to worry about putting all that info together.
Today we looked at one more house and decided to put a bid on it (or whatever you call if for a short sale). It's an approved short sale, which means the price has already been approved (the previous people's funding fell through), so theoretically the whole process should be a lot faster than it sometimes is.
We have to get the ok from the seller's bank, and as long as the VA doesn't have any objections (they can be nitpicky about things) we're good to go.
No pics yet, because we're trying not to get too excited about it yet (since it could still fall through), but it's a 4 bedroom, 2.5 bath house on .75 acres with woods behind the house. Half the back yard is fenced. There's a two car garage in half the basement and the other half is partly finished- it needs a little more drywall, the roughed in bath needs to be finished, and flooring needs to be installed. Family room, kitchen, laundry room, half bath, formal dining, and living room on the main floor. 4 bedrooms and 2 full baths upstairs, plus lots of closets. And it's in good condition. We looked at a foreclosure yesterday that needed a lot of work. This one doesn't.
In all reality, it's more house than we need, but the price is great (instant equity!), the neighborhood is nice and quiet (and because of the bigger lots is less densely built up than our current neighborhood), and it's about 15 minutes from work. LMS has already claimed the pink and purple room with Disney Princess decals on the wall (I'll be painting over the pink and taking down the princesses, but don't tell her yet!).
The only real downside to the house? Let's just say the previous owners weren't afraid of color, and their favorite was a bright mustard yellow. Most of the house is mustard yellow or has hideous wall paper. If we get the house, we'll be pulling off wallpaper and buying gallons and gallons of primer and paint.
So, we're now playing the waiting game and we'll have to see what happens. Once we find out what's happening, even if we don't get the house, I'll post pics of the yellow and the wall paper. Some people definitely have way different decorating ideas than we do :)
No comments:
Post a Comment