Offer to Purchase Accepted - House Pending

Surprise, Surprise!

I thought I was going to have a nice quiet day. We were sure that because of the Labor Day Holiday that nothing would happen with the paperwork we had done late yesterday afternoon. I guess that just shows you how business can be conducted when someone really does want to sell a house. With this house being a foreclosure the paperwork was different, so the Seller came back with "addendums" to our Offer to Purchase. These were added paperwork that the Seller wanted signed. Nothing that surprised us or that we hadn't expected, just basically more of the same "CYA" from the Seller. (Typical and to be expected with an AS IS purchase) They were really making sure that we understood what we were getting into. All of the paperwork was signed and is being overnighted back to the Seller's Agent.

While I was in our agent's office, we went ahead and called to schedule the termite inspection which the bank will require. That is set for Tuesday afternoon. The mortgage banker was also contacted when I got home, the appraisal will be scheduled and our new lower interest rate will be locked in Tuesday. Full speed ahead!