Thursday, March 05, 2009

Housing Update

We were supposed to close on our house on Monday, which came and went. Then Tuesday, maybe. Wednesday didn't look too promising, but Thursday, yes, Thursday would do. We were excited and nervous, buying our first house. For almost an hour and a half, we signed papers. This was what we've waited and waited for. After we signed our life away, the woman at the title company took our ream of paper to make copies. While she was gone, we heard the familiar 'ding' of an email client, signaling a new message on her computer. When she came back, she handed us our papers, and we started getting up to leave. At this point the title woman casually checked her email and informed us that the deal we thought we had just closed is, in fact, still wide open to the tune of $1600 of missing taxes and other miscellaneous fees that she didn't explain all connected to the fact that we submitted our offer (in November) intending to close at the end of January. This $1600 has somehow accrued in the past month and a half of limbo.

Can we still move in on Saturday? No.

When will we hear back? Monday, at the earliest. Our realtor says that there's "a lot of hands in this pie," so if we hear back from the 1st company on Monday, we may not hear back from companies 2, 3, 4, and 5 until mid to late next week. They may decide to accept $1600 less. They may decide to chuck the whole deal and foreclose, in which case we could offer to pay it, in which case, they may or may not accept.

We have rented a U-Haul and contracted the Elder's Quorum from both our current ward and our future ward to help us move this coming Saturday. We have to be out of our apartment on the 15th. Our electricity is going to be turned off on the 13th. As of tomorrow, we will be paying utilities for two houses, one of which, we don't own or rent.

I'm beginning to really hate this whole process.

9 comments:

Jenna said...

We had similar issues with our condo, and I know the Mulkays did, too. It is a long, confusing, drawn-out process. Good luck with everything! It will work out!

thejerry said...

Wow, I'm not sure I ever want to know exactly why buying a house requires 1.5 hrs just for signing papers.

Henderson Happenings said...

the only advice i have to offer is don't fall off a ladder while painting your new home cuz that will add about 15k to your move in costs.

The Ensign's said...

Wow!! That sucks! I hope that things work out for you. I would be soooo upset. I'm sure you'll be hanging out at your water park soon!!! **Hopefully**

Amy said...

Oh my goodness!!! I am dreading this more and more...

Allison said...

Oh... that's terrible. I'm so sorry.

Rileigh Anne said...

That Suuuuuuuuucks

Cheryl said...

don't give up hope. Someday soon (pending this all goes through) 'it' will all have been worth it. (think of walls with a little more insulation between you and the crying child)

Jill said...

Things are crazy, but they work out. You'll get in there. Hopefully it'll be this weekend!

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