boneyjean
Posted : 4/28/2011 10:37:23 AM
rwbeagles
boneyjean
On Monday we finally closed on our home improvement loan. I tell you what, your credit is sacred, because if it weren't for our great credit, I am not sure we would have closed without having to come up with more money on our own since the real estate industry is hurting so much and we even live in an area that is holding value pretty well. Our appraisal didn't come in as high as they would have liked but they did take some of our addition into consideration which made it all work out without any extra hoops for us to jump through. The permit applicaiton is happening today and once approved, work will start either tomorrow or Monday. We are well on our way! I am just hoping for it all to be finished before baby boy arrives!
I hope everyone has a great day and stays dry and most importantly safe!!!!
I missed a bunch? Is this the new house you bought or the one you were selling or did plans change? Sorry I'm so behind!
I caught Marty on FB and she's okay tho one did touch down about 45 mis from her she said. The closest we've had one was 2 mis and it was NO picnic!
Yeah, we have had some pretty close calls in the past as well...thankfully not lately! Most are 15-30 minutes away from us. I really need to clean our hall closet out though in case we need to take shelter there this season.
Gina, we decided about 2 months after putting our house on the market that we were making a huge mistake and decided to stay put and add on instead. In hindsight, I am glad we went through all the motions we did because we probably never would have added on if we hadn't but it helped us to realize just how much we were giving up to gain less in so many other areas other than space. We are in a highly sought after area that seems to be where a lot of younger families are moving these days, excellent schools for our district (the best), great location with easy access to I-20 and everything around us and a really nice little house that we have already done a ton of work to. Plus, we were practially giving our house away! Of course, we got an offer on our house the same weekend we were making this decision and they even came back a month later with a full price cash offer, but we were very decided by then that staying put, even if we didn't add on, was the direction we were going. This addition will afford us the space we need to realistically stay put for another 10 years to get the kids through elementary school which is the highest rated in Fort Worth, but more likely keep us here forever. Hubs and I both really like our house and were both sad about leaving, and have been so much more confident in our decision to add a study/extra room as well as a large master closet. The best part is that we are essentially taking on less debt to do this than to move to another house with more space that cost more, and still needed all the work we had already done to ours. It just made more financial sense and more sense in so many different ways.