Just a quick note to say things are going well, and I'm still loving the house. My 30 day should be coming up soon, but I haven't heard from anyone. I have, however, been making a list and checking it twice :) Not too many things on the list that need to be resolved - I'm happy to say that they are all pretty minor. I really can't believe it's been 30 days??? Where does the time go? Such a huge difference when you are waiting for approval, or waiting for the big dig....where 'flying time' then, when you need it? Ha!
And as expected, my mortgage was sold before the first payment! I'm now a Wells Fargo customer. I have no experience with them, so hopefully it will be a great relationship.
Good luck to everyone - wherever you may be in this crazy journey, I wish you God speed!!
lol that was fast. Hopefully Wells Fargo will treat you well. It's a great company as I've heard.. How long does it take for the first payment to be due from the time of settlement?
ReplyDeleteGlad you've heard good things about Wells Fargo, and thanks for sharing! :)
DeleteUsually you skip a month (well, not really 'skip' - you pay for that month at settlement). So I closed on 8/14, and my first payment is due 10/1.
That's what I heard too.. Takes about 6-8 weeks..
DeleteWe are bit too late to enter the real estate game so by the time we could lock in rates, the rates had gone back and our 30yr monthly payment became almost as same as 15 yr monthly at the time of our first GFE back in March.. Yikes.
But I guess we are still very lucky since our parents paid double digit interest rates while we pay under 5% :)
Glad to hear form you Stacey and that you're enjoying your Savoy! We're still waiting to get our keys (less than a month to go), but now it seems like we're scrambling to make sure all our ducks are in a row! I'm sure Wells Fargo will treat you well. I'm just hoping our loan gets sold to a company that has offices in the area (in case we ever need to actually speak to someone in person or send original copies of anything in).
ReplyDeleteJ and M!!! I've been lurking and keeping up with your progress! Yep, coming down to the wire. And it's been a long journey for you guys, so I'll be happy for you when you finally get those keys. I know it will be wonderful - everything is looking super!
DeleteWe've had one issue with Wells Fargo, but that may be because of the time of year we settled (April). Tax time was June. They didn't pay our taxes, so we paid them (half due in July). Then they paid them. Took us 6 months to get our money back. Then they didn't pay the second half in December and we got a notice from the county and late charges. Hoped things would go better this year. They didn't pay them in July again, and sent us a huge refund and lowered our house payment considerably because we had too much in escrow (because they hadn't paid our taxes)! Had to call them and remind them they were responsible for paying our taxes. Finally got that all straightened out. Can't wait until the next time taxes are due to see what happens. That being said, they have been very nice on the phone and easy to deal with.
ReplyDeleteBy the way, love your brick with the shutters!
Thank you for sharing your Wells Fargo story...interestingly enough, I just got a check in the mail from NVR for close to 5k. It was supposed to pay for an 'improvement' tax (since it used to be taxes on just land, but now there's an 'improvement', known as my house!). The letter stated that the tax isn't due yet, so they couldn't pay it. I suppose this money wasn't a part of the escrow. As much as I'd like to go shopping, I'll hold on to the cash and see what shakes out. I certainly don't want to have any tax/escrow issues. I agree that the customer service is great - I've called once and it was very pleasant. The lady I spoke with did mention that if I received a tax bill, to be sure to call them immediately and make sure they received it as well. In the end, I just want that 5k to me MINE all MINE. Lol (it's doubtful).
DeleteThanks for the compliment on the brick! I'm still all giddy every time I pull up to the house. :)
Oh, yeah. 5K could be the source of a lot of SHOPPING!!!!!!!
DeleteYep. they told us at closing to expect the check and the bill. hold on too it! lol
DeleteDang! So the bill is coming??? So much for my shopping. lol
DeleteI cannot wait until I am writing a post similar to yours! Congrats again girly! If you can, please publish a short list of some of the things you found that needed to be fixed so that I can look out for that stuff.
ReplyDeleteHola Chica!! Thank so much for the congrats. :) I will do a separate post about the list, so it will be easy to find, but it's minor stuff...caulking in the bathrooms, chips (a few) in the hardwoods...I'm forgetting something - I've got a list at home that I'd started making so I wouldn't forget stuff. I'll post it soon.
DeleteWoohoo! Congrats! As for the inspection I had to contact our PM. I did right around 45 days. Only since I hadn't heard anything. I would reach out if you don't hear at 30 days.
ReplyDeleteThanks for the info....I will contact my PM in the next few days. I'm kind of dreading it, since I really don't want to have to take off work for them to fix stuff. Not that it's a lot of stuff, but still. Thanks again!!
DeleteHopefully they will be quick :)
DeleteHi Stacey, how are you doing? I miss you on the blog.
ReplyDeleteHey Nikki!!!!!! So glad you reached out. I have no excuse....I'm a bad, bad blogger girl. Lol. I need me to come back and update. Really though, all is well. I love the house. Truly. Of course there are a million things I want to do, but I don't have the cash to do them. Story of my life. :)).
DeleteAre you all moved in??? I'm going to go read your blog girlie. :))
Hi Stacey, how are you doing? It has been a whirlwind!!! We moved into out new home last week and we are loving it. There is still so much to get done. I bet you are all settled in your beautiful home. Talk to you soon
DeleteNikki!!!!!!!! CONGRATS! I'm soooo happy for you and your family. I'm sure it's a wonderful home, and YES, isn't a great feeling to make it to the finish line. :)) You'll be all settled in soon. I've disappeared from the blog....life has gotten in the way. Maybe I'll come back for my 10 month. I do have a few nail pops that need to be fixed. And yes, I have SOOOOO many things I want to do...paint, build a deck and backyard space...new furniture. I just tell myself, all in due time. Enjoy your new space!!!! And thanks for reaching out. it's always good to hear from you.
DeleteThanks Stacey, after the dust settles let's plan on getting together with Nadine as well. Cheers.
ReplyDelete