OK. I'm going to proceed with our real estate saga until you beg me to stop.
So, we are in escrow. Earnest money plunked down. Four hundred clams spent on the inspection.
Went to Jonah's wedding on Thursday, told everyone that it looked like we were getting this house. In fact, it's almost all we talked about.
Friday morning, call from Liz. FHA doesn't like septic tanks when you can be connected to the sewer system. In fact, they would need it done by closing....have I mentioned that we've already put a hefty chunk of earnest money down?
It's tens of thousands of dollars to connect to the sewer system. To make it worse, Liz called while I was reading "Beekeeping for Dummies." She said, there were still some angles to work, and that somehow we would make it work.
I curled up in a ball. Wept.
We could not have one more thing snatched form us. And even if we got out of this deal, we'd never make the April 30th deadline for the big Tax Credit.
Long story short. We (I hope, I think) found a way around it. If you can show the bank that it would be a hardship to put connect to the sewer they can waive the requirement.
So, Liz was having a bid put in to find out how much it would cost. And FHA has a guideline (Which I wish was a rule, but no, it's just a guideline) that if the cost is greater than 3% of the house, it could be a hardship.
So, I think we have dodged that bullet. For now. But, it's caused another night of poor quality sleep. And it has me terrified that there is another bomb lurking to sink our dream.
And, today I'm feeling like I'll never have the head space to write again.
Ohhh! This all must end sooooon!
Saturday, April 24, 2010
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Oh, wow, Scot! This is harrowing. But you've obviously got a GREAT real estate agent - I love that positivity. I've got my fingers crossed that it will all work out. Toes, too. Everything crossed! Becky
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