Wednesday of this week I was getting very nervous about us securing a mortgage loan on time to keep in line with our contractional agreement. It literally got done that last day possible about 45 minutes before the end of the business day. The appraisal was the main issue because the sellers’ real estate agent screwed up–the first appraiser that came to appraise the house was turned away because they said we already had an appraisal. This is true, but we changed mortgage lenders and they had to do their own appraisal.
Things have calmed down a lot the last couple days. We have all the information in order to wire the down payment money to an escrow account at the title company. We plan on doing it a couple days before the closing so there are no surprises.
This week we settled with the sellers on the repairs that need to be done. They are giving us a credit to get the electric panel and circuit breakers fixed.
We have agreed on a closing time and place and are in the process of setting the final walk-through time. Now we have one week to go before we own our first house.