Omg

[ScrimpAndSave]

My mortgage was approved. I mean, I expected it too, but now this is all getting SO SO SO REAL. WOW!

So the place is $186,000 and I am putting 20% down ($37,200).

Wow...just WOW!


I close August 7th.

[boosami]

Congrats!

[Broken Arrow]

Congrats!

[spicy14lingo]

I'm so jealous!

[ScrimpAndSave]

Thank you all! I got a 5.35% interest rate...two weeks before that, I could have gotten 4.85% - but let's not talk about that.

[wincrasher]

I didn't believe mine would happen until closing day. I was so sure it would fall thru that I didn't buy a single stick of furniture or pack a single box.

But when that day finally came, I was more relieved than anything. It was a long and frustrating path. Probably the worst consumer buying experience there is.

Even in this supposedly tough real estate market, everyone involved was their with their hand out - nobody would discount their fees or go thru the extra effort to make sure things were done right. It's a disgusting system!

[Well Spent]

Congratulations! IN my area, there's no such thing as property available for $186,000 and a lot people here make less than you, so be grateful!

[ScrimpAndSave]

I'm very grateful! And it is BRAND NEW!

I haven't bought ANYTHING. I have been booking marking things that I want...or things that give me design ideas that I might be able to recreate for less money.

I'm proud to have a decent emergency fund and an affordable monthly payment.

I'm holding on to every penny I have and not spending or charging a dime until closing! (Not that I am going end up charging anything).

[FrugalFish]

Congratulations That's such a cool and surreal feeling.

[red92s]

Congrats! Time to start reading up on ikeahacker!

[jIM_Ohio]

congrats

if you keep your eye open, you will find sales on furniture. Wife and I had our eye on a solid wood bedroom set. It always listed for around 7k, and one day we walked in and it was on sale for $4995. We also had a sectional picked out- again always listed for about $3000 and it went on sale for $1995- for the amount we saved we bought a whole new room (we were not planning on furnishing our living room, but did so for $1500 on the same sale.

Needless to say 3 years later both stores closed shop...
and that bedroom set in particular we had been looking at for close to 5 years- we knew a good price when we saw it- and paid cash for everything.

The couches in particular were a one day columbus or veterans day sale and we got into the store at 8:45 and they closed at 9pm. If you keep your eye open, you will see the sales- around holidays like labor day, columbus day and veterans day...

[Tree0164]

Congratulations! You should be really proud to have put down 20%

Now don't go crazy with furniture you don't need everything day one either. Shop out sales etc

[shultice24]

I'm so jealous!

Ditto.

[tmvijai]

Congrats on realizing your American Dream!! Good interest rate compared to many others with 7-8%.

Did you get you apply for you tax credit already or made use of it?

[ScrimpAndSave]

Hi there,

I am going to file an amendment (is that what they call it?) to my 2008 taxes so I can get the $8,000. I should have it a few days after closing. I'm actually going to give it right to my dad because he is paying for my closing costs (thanks daddy-o).

It's like one of those interest-free-Daddy loans.