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im down ** update

Original post by KarinAmanda

ugh ...

so we met with our real estate attorney this am to sign all of our disclosures and contract info to purchase our condo... come to find out that not only will be owe about 20k at closing ... there was also a fee of 8k for a 'premium lot' never disclosed to us. We also expected a 7,500 rebate at the time of closing which would dramatically lower our closing costs (from 20k - 13k) and that wasnt in the contract either. SO now we have to play the waiting game, for the lawyer to contact everyone and get everything straightened out...

just suckss, its such an arduous process - i hope it all works out, i felt my blood pressure and anxiety level rising, sitting there in the lawyer's office as he listed off item after item that we would have to pay off at closing

im hoping it all works out, and we can get all of the contracts figured out and signed away sooooon


___________________________________
update :: so my lawyer just called and apparently they 'lot premium' was just for book keeping purposes and it wasnt something that we needed to pay! Also, they are going to include 7,500 towards our closing costs - he is editing the contract and submitting it! Looks like everything is a go!!! phew
AndRecKy Posted:

Re: im down ** update

YAYYYYYYYYYYYY FOR YOU!!

LittlePup34 Posted:

Re: im down ** update

yay!!!!!!!!!!!!! thats great im glad everything worked out !!!!

mandag Posted:

Re: im down ** update

Hooray - so happy for you!
ama1771 Posted:

Re: im down ** update

It'll work out. We were in the same boat in July and August. We just bought our first house in September. Best wishes!

jeanne08 Posted:

Re: im down ** update

oh man... this is why I'm scared to start thinking about purchasing
mrspalomino148 Posted:

Re: im down ** update

yayaya!!!! thats great!
colleen1117 Posted:

Re: im down ** update

Yipee
congrats
debismom Posted:

Re: im down ** update


Posted by KarinAmanda

ugh ...

so we met with our real estate attorney this am to sign all of our disclosures and contract info to purchase our condo... come to find out that not only will be owe about 20k at closing ... there was also a fee of 8k for a 'premium lot' never disclosed to us. We also expected a 7,500 rebate at the time of closing which would dramatically lower our closing costs (from 20k - 13k) and that wasnt in the contract either. SO now we have to play the waiting game, for the lawyer to contact everyone and get everything straightened out...

just suckss, its such an arduous process - i hope it all works out, i felt my blood pressure and anxiety level rising, sitting there in the lawyer's office as he listed off item after item that we would have to pay off at closing

im hoping it all works out, and we can get all of the contracts figured out and signed away sooooon


___________________________________
update :: so my lawyer just called and apparently they 'lot premium' was just for book keeping purposes and it wasnt something that we needed to pay! Also, they are going to include 7,500 towards our closing costs - he is editing the contract and submitting it! Looks like everything is a go!!! phew



So happy for you, Karin!!!!!!!!!!!!!!!!!!!! Mary MOB
KarinAmanda Posted:

Re: im down ** update


Posted by debismom


Posted by KarinAmanda

ugh ...

so we met with our real estate attorney this am to sign all of our disclosures and contract info to purchase our condo... come to find out that not only will be owe about 20k at closing ... there was also a fee of 8k for a 'premium lot' never disclosed to us. We also expected a 7,500 rebate at the time of closing which would dramatically lower our closing costs (from 20k - 13k) and that wasnt in the contract either. SO now we have to play the waiting game, for the lawyer to contact everyone and get everything straightened out...

just suckss, its such an arduous process - i hope it all works out, i felt my blood pressure and anxiety level rising, sitting there in the lawyer's office as he listed off item after item that we would have to pay off at closing

im hoping it all works out, and we can get all of the contracts figured out and signed away sooooon


___________________________________
update :: so my lawyer just called and apparently they 'lot premium' was just for book keeping purposes and it wasnt something that we needed to pay! Also, they are going to include 7,500 towards our closing costs - he is editing the contract and submitting it! Looks like everything is a go!!! phew



So happy for you, Karin!!!!!!!!!!!!!!!!!!!! Mary MOB



thanks mary
debismom Posted:

Re: im down ** update

You're very welcome, and I'll be waiting to see pics!!! Mary MOB

lkdrnw Posted:

Re: im down ** update

I am so happy that everything worked out--congrats!!

JoesFutureWife Posted:

Re: im down ** update

Good luck!! it will all work out!!

ldrenckhahn Posted:

Re: im down ** update

yay i'm glad things were straightened out for you two!

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