Tuesday, December 2, 2008

SOLD!!

Yeah, we FINALLY closed on our house. We wired the closing money yesterday (supposed to have been last Friday, preggo brain) and the papers have been signed. We now don't have to worry to much about the house, we just have to make sure that they will make the payments. We are doing an owner carry or a wrap which means we'll carry the loan for a few years until they are able to re-finance the house under their name, so it's almost like a rent-to-own. I didn't care so long as the house payments were going to be made. This is one worry that we don't have to have now!!

3 comments:

Shelli said...

Congratz! That's really something, in this economy. I'm glad you don't have that worry hanging over you. Does that mean a little extra Christmas cash?

DANI KYNASTON said...

Yeah!!! How wonderful. I am glad that this all worked out so well. Now, you can start looking for something here without worrying about that burden.

Ginger said...

What a relief! I hope you made them put something down so if they don't make the payments you are protected. It could be a win-win for everyone. Are you going to buy a house in VA?