Friday, September 7, 2012

In Contract...

So after all that's said and done, I was finally able to complete the inspection and get started on the contract. I went to see my lawyer today (a great guy who seems on top of his game) so that he can explain the contract to me in layman's terms. The thing was 15 pages long, plus two addendums. Seriously though? Ha! It's a good thing I pay someone else to make sure it's accurate. I was so confused with all the legal terms and wording. And I thought Public Sector financing was hard!

After he explained all the gory details of the contract, I signed my life away like 15 times and wrote a big fat check to the seller's attorney. I've never written a check for that amount before in my life! Now comes the scary process of applying for a mortgage and completing the coop application. This is all happening so fast but I am up for the challenge! I just hope I can balance this with writing my thesis paper which is due around the same time I'm supposed to close...what was I thinking? Oh yeah, a homeowner! Stay tuned for more deets!

J

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