October 7th 2009 3:35 pm
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Hondo summed it up so as he said, I, along w/ my brothers are copying his diary to help keep friends informed about our where abouts:
Just as a reminder to some Tom's.... ALLIE IS MINE!! ALL MINE! PAWS OFF!!! I may not be in communication with her much for a few more days but PAWS OFF!!! :)
"Sorry we haven't been around much as mom is working w/ lenders and it's a bit more complicated than we expected. NO ONE ever talks about this stuff so they had no clue!
Mom and dad are approved, FICO is good along w/ debt/credit ratio, just that they're working on closing costs (even though you won't know till THE closing) but for paper work and for the next step, we gotta come to an agreement.
Tomorrow dad will talk to Geoff the guy who is in charge of building our house. A friend spoke w/ Geoff today (he's at home, not working today) and he said that there's NO WAY the closing costs, even at a "What if" standpoint would be $20k. He said expect $7-8k TOPS which is great as mom and dad have $10k set aside for that. The issue is they're doing a VA loan which isn't an issue, but there seems to be more fine print and justification of funds vs. FHA. They have their down payment which, when using the VA 0% is kneaded so they get their $5k Earnest money back. But again, it's complicated. "
Hugs and kissies!
I'm amusing myself by taking over Miles' Facebook user so I can play all day and chasing Harry. MOL!
I hope your mom dad will e eligible for 8k first time home buyers credit that would for most of your closings costs or buy an awful lot of Christmas presents, treats, andif course food.