It's been a pretty productive weekend. First, NT and AS and a friend moved a ton of stuff to the storage space Saturday morning. It's a bit cluttered and we have a few more things to move out, but it looks a ton roomier in here. We're beginning to see the airy, spacious condo we fell in love with, so we hope someone else will fall in love with it too.
We also got a new light fixture for the dining room and one for the kitchen. We boxed up the light fixture that didn't work and will print out a label tonight to ship it tomorrow. I haven't totaled everything up for the weekend but I believe it was $40 for the dining room one, $85 for the kitchen one and $25 for bulbs. The U-Haul was $33 and the 2nd half of the storage rental fee was $116. We should get about $55 of Amazon credit once we return the other fixture.
We put primer on the one wall of the bedroom that's painted a darker color, and we taped all the edges in our room and the kids' room.
I confirmed with the contractor that they intend to fix the few little flaws I noticed in the work so far.
We got a few little snowflakes in the mail: checks from Naked Juice for a class action settlement. NT got $8.57 and AS and I each got $2.85. $14.27 total. Not much, but we'll take it and use it to pad the budget.
Light at the end of the tunnel! Here's the rough outline of what still needs to happen and when:
- Monday: contractors put in tile backsplash for the sink and stainless steel oven backsplash; fix minor flaws; take down oven hood. We might paint the grownup bedroom.
- Tuesday-Friday: contractors replace balcony door, replace bedroom closet doors, replace kitchen floor, regrout bathroom tiles, take down bathroom cabinet and replace bathroom mirror, replace sink top. Depending on when they finish all of that, we may prime and paint the bathroom and kitchen during the week. We may also try to clean all the appliances (including self-cleaning the oven).
- Saturday: we paint kids' room and move some more stuff into storage. We replace towel racks and shower rod/curtain in the bathroom. Finish any other painting and cleaning we didn't do before. Hang new curtains in kids' room; decide if we need new curtains for main living area.
- Whenever we're ready: tidy everything away, put the white couch cover on, add staging finishing touches and have our friend take real estate photos. Get the listing ready with our realtor.
- Following Tuesday: floor guy sands and refinishes floors in the main living area. Depending on how the bedrooms look by comparison, we may have him come back in and do those.
On the mortgage front, we're just waiting for the last 401(k) statement to post (should be tomorrow or Tuesday) and for the seller's agent to send over the promissory note for our (and the HUD's) approval. And to find out from the broker exactly how much we need to bring to closing.
July 31 we close on the new home. Shortly thereafter we move our stuff out of storage and into the new home's basement.
Feeling a bit better
July 7th, 2014 at 01:32 am
July 7th, 2014 at 01:54 am 1404698060
July 7th, 2014 at 01:55 am 1404698104
July 7th, 2014 at 02:09 am 1404698941
July 7th, 2014 at 02:23 am 1404699797
July 7th, 2014 at 03:09 am 1404702550
They may figure in rental income when they approve, but with our income (they're counting all three of our salaries) and low debt, I think we'd have qualified for a single-family home of the same price.
I honestly at this moment can't remember the rate we got. Isn't that crazy? But we signed the papers for the main mortgage ages ago, and we've been haggling rates for the promissory note, so I'm all mixed up. I believe the main mortgage is 3.75%, but I could be wrong.
The bummer about an FHA loan is that we'll carry PMI for 11 years unless we refinance; amount of equity doesn't matter. The good news is, the home appraised for about $85K more than we're paying for it, so I'm hoping we can refi sooner rather than later.
July 7th, 2014 at 03:37 am 1404704252
July 7th, 2014 at 07:13 pm 1404760413
Are you planning to refi in 11 years? Pay off the house in 11 years?
July 7th, 2014 at 07:16 pm 1404760572
July 7th, 2014 at 08:44 pm 1404765882
July 13th, 2014 at 03:23 am 1405221831
Regardless, good that you plan to refi when you can.
July 13th, 2014 at 04:01 am 1405224106