OPERATION CHRISTMAS CHILD 2012

Welcome to Cents To Save! Follow along as we pay down our debt, become mortgage free, and enjoy life. You can read more about this site here and subscribe to get all the latest updates sent to you by email or RSS feed here. Thanks for visiting!

Another Short Sale Update

This week was the last of the inspections.  The house initially failed a WDO (wood destroying organisms) inspection.  We went out and fixed what was necessary to pass and the re-inspection was yesterday.  It was a FAIL.  Due to miscommunication we missed an area that needed repairing. So, my husband and son went back out to the house and completed the repair.  Today, we hand another re-inspection and we PASSED!! 

 All inspections, credit reports, W-2's and letters of explanations are in the process of being submitted to the underwriter.  Wow.... I am very excited on the inside but definitely cautious until we get confirmation of our closing date which is tentatively scheduled for NEXT FRIDAY!!!   Here we go... a week of anticipation and prayer that all goes as planned.

I am off to Lowe's  to get boxes for packing! 

12 comments:

Ravi Gupta said...

Awesome news! I'm sure this has been a big road block that you're now over. :)

-Ravi Gupta

laura said...

Good luck Lisa..this whole process is so different to here in the UK.

I have all my fingers crossed for you and your family :)

Sharon said...

Keeping my fingers crossed for you Lisa!! I'll be excited to see your new digs!! :)!

Out My window said...

Lisa, Hang in there. We bought our last house on a owner contract as it would not take a bank loan. It took four months to clear everything. But it was worth it. We purchased a 180,00 home for 112,000. We worked hard to get it ready for a bank loan and two years later we applied and have a mortgage at 5.25. This was 12 years ago. Even with the mortgage slump the house is worth 250,000. You can do this. I am so excited for you.

Jane said...

So close you can taste it!! I'm getting excited for you!

Nd.chic said...

Awesome news that the inspection passed. You won't regret sticking with this long process.

Martha said...

Yes with some patience, it sounds like you are going to get a great deal on a house. It is very exciting.

Anonymous said...

Good Luck!!!!!!!!!! You deserve this to be all finished and moved into your new home!


Judy

Anonymous said...

Sounds like it's happening and soon. I'm excited for you!

Lisa said...

Thanks to all of you for your well wishes!

What is a Short Sale? said...

The next time I read a blog, I hope that it doesnt disappoint me as a lot as this one. I mean, I know it was my choice to learn, but I truly thought youd have something attention-grabbing to say. All I hear is a bunch of whining about something that you might repair in the event you werent too busy searching for attention.

Martha said...

Yes with some patience, it sounds like you are going to get a great deal on a house. It is very exciting.

ShareThis