I think this house was fate

The more I think about me buying this house, the more I think that this all couldn’t have happened at a better time. I’m almost tempted to call it fate with how ridiculously awesome things have turned out over the last 3 months since the estate kicked us out wanting to settle. If I had known then what I know now, I wouldn’t have allowed myself to get so devastated the way I did.

An example would be, the way the market has been crazy the last couple weeks, would have probably prevented me from getting the loan in the first place, let alone the 5.5% interest rate. Fortunately I got in literally right under the wire.

Another example: I tried to get my realtor from Remax to show me this house back in late July and he wouldn’t. He said I wouldn’t be able to afford it, despite him allowing me to bid on a $179k house prior, and this one only being listed for $169k. Still, I was able to finally get a realtor to show it to me and dad and I both fell in love with it instantly.

And yet another example: The day after we put a contract on this house with our good faith deposit, someone else bids on the property higher than we did, but a day too late :).

Another example (in my mind), we were able to start this process -right- as I got my monthly bills down to their absolute minimum. That process took several months to achieve as I tweaked and analyzed my monthly spending and necessities, including saving up my 6 month car insurance premium which was due in August. I reached my goal -just- as we got the devastating news that allowed us to get this wonderful place.

This house has everything we wanted out of a house, and more. Nothing is wrong with it, all of the inspections passed, including the FHA inspection which I was worried about the most. It’s in a city that will never be too heavily developed because of all the battlefields and historic landmarks around here. It’s an easy drive to work and close enough to the city that I’m not driving 20 to 30 minutes to the nearest grocery store anymore.

I was originally set to get a 6.0% interest rate, but last minute my loan officer called me and said he was able to snag me a 5.5% interest rate that he had been keeping an eye on. Since July I had been talking about how I wanted 6.0 or lower, but the more mortgage companies I talked to, the more hopeless that looked. To be able to get a lower rate than what I was wanting just boggles my mind but makes me so happy.

I was able to convince the seller to pay $9,000 of the closing costs, and my friends raised $7,000 for the down payment in one swoop of an awesome gesture.

Then you have this $7,500 tax credit for first time home-buyers going on right now.

The house itself was sold from a settlement, which means we had more room to negotiate and they were able to leave a lot of goodies behind for us (like the chest freezer, grinders, air compressor, etc).

Things just keep popping up constantly that convince me that this was supposed to happen right now.