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
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YAYYYYYYYYYYYY FOR YOU!!
LittlePup34
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yay!!!!!!!!!!!!! thats great im glad everything worked out !!!!
mandag
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Hooray - so happy for you!
ama1771
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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
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oh man... this is why I'm scared to start thinking about purchasing
mrspalomino148
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yayaya!!!! thats great!
colleen1117
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Yipee congrats
debismom
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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
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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
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You're very welcome, and I'll be waiting to see pics!!! Mary MOB
lkdrnw
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I am so happy that everything worked out--congrats!!
JoesFutureWife
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Good luck!! it will all work out!!
ldrenckhahn
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yay i'm glad things were straightened out for you two!