The time has finally come that we move on. As many of you know,(who am i kidding anyone who reads this knows EVERYTHING about me!) Adam's youngest brother Daniel has lived with us for a little over a year now. It has been a lot of fun living with "THE BOYS" and all but the time has come to move on.
It all started back in late February when I asked my oldest sister, who conveniently works in home loans, to pre-qualify me. At the time I didn't really know what it took to qualify for a mortgage. I thought that you had to have like 7 credit cards and possibly a car loan and something from RC Willey's on payments to EVEN qualify.. Little did I know asking her what i could do in the next few years to prep for the qualification process would turn to looking for the perfect place!
So some time passed and I didn't think about it like it was actually going to happen. I would randomly browse some websites and look at foreclosures and what not, but never really looked at anything too closely. By this time it was about the last week of March. I would talk to my other sister, who just bought a house in February, about the cute places I saw online and how nice it would be to have a place of my own... And that TAX CREDIT, who could forget about that!! Well during that week I went back and forth quite a bit on if I thought I was really ready for this. It's a really big STEP! Maybe if I just waited a few years I could have a nice down payment saved or even have a better idea of what it would take after the papers were signed...
So I called my sisters friend Aime who works for City Homes Salt Lake. I talked to her about what I wanted and where I would like to live. I told her what I would like to pay monthly and then set up an appointment to go to her office and look at some listings. This happened on Thursday the 1st of APRIL. My Appointment was for the following Monday. I went to the office to talk to Cody and we picked out a few listings that I would like to see in person. I began later that week meeting with Chris to VIEW properties!
I fell in LOVE with the very first one I looked at! Everyone I saw after that would make my rating for it go higher and higher! I was so EXCITED! Drawing up remodels (rearrangements) for it with my sister, and talking about all the fun things that could be done with it. There was another one I saw that first day that I really liked too. It didn't have hard wood floors, and it only had one bedroom, but it was a really GOOD size and very open. It was definitely 2nd on my list!!
So back in February, the rules changed for which properties could accept FHA Loans. FHA loans are Mortgages that are insured by the Federal Housing Administration (FHA). The FHA operates loan plans for investors and purchasers of rural property, and provides low-rate mortgages to buyers who make a down payment as small as 3 percent. Which in the end means that not only can I put less down, but when I sell it the buyer can get my same INTEREST rate! Definitely a plus!! So it turned out that a lot of condo complexes didn't bother trying to get approved for FHA loans. It's kind of a lot of work, but ends up being easier to find buyers in the long run. So that first one that i LOVED wasn't actually FHA approved... but the SECOND one was!!
Here are some pictures of what it looks like now.. ALL WALLS WILL BE PAINTED!!
So here we are, on the 25th of April. I've been officially UNDER CONTRACT since April 16th and as long as everything goes as planned (and stated in the contract) I will SIGN the papers on May 25th and it will OFFICIALLY be mine on the 26th!! Yeah, that is exactly ONE MONTH from now!! Adam and I are VERY ready to have our own place!! So, I have a lot of painting to do, and it needs a new dishwasher... But other than that it's move in READY! I can't wait to finally PAINT and actually feel like where I live is my HOME, and I can't wait to LOVE WHERE I LIVE!! Please ask me about the AMAZING TEAM that got me a place I LOVE, that is the perfect size and in the perfect LOCATION in just over a MONTH!!