Closing

A Pile of Paperwork to Sign
Our closing appointment was scheduled for 2pm and we were there by 1:45. The lawyer and then our agent showed up, but there was no representive for the Seller. The lawyer explained that all the paperwork would be faxed to them and then he would take it to the Courthouse to file it with the county. There was a stack of paperwork approximately 8-10 inches high sitting in front of the lawyer when we started. Now of course there were multiple copies of most things which we had to sign so that everyone got an original copy. It was after 4pm when I looked at the clock in the car on the way home.

We stopped by the town house to grab a few things and then headed to the house. I think there were two trips made that we made grabbing things and bringing them to the house, including our 2 cats in the last trip. Of course we are staying at the house, sleeping on an areobed. The frig and stove will be delivered tomorrow so one of us has to be here.

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!