My wife and I have been thinking about buying a house for awhile and over the last few weeks we have set things in motion for us to actually get one.
The first thing we did was to call a real estate agent that had gotten a house for a couple we’re friends with.
The real estate agent set us up on a tour of houses in Davis in what we’d guessed our price range was. We fell in love with the first house we saw and none of the other houses compared to that one.
The house itself has four bedrooms and two full bathrooms. There’s an additional room upstairs that is designed to be an office space. There are two living rooms, a back patio, and a side patio. The kitchen is massive and there’s also an awesome play structure in the backyard. On top of the roof are some solar panels. The house is at the end of a block long cul-de-sac and right next to a park at the back of the street.
Basically, the house is amazing. We fully believe that we could live in the house for the next forty years.
So after deciding we wanted to make an offer on the house we had to go through a flurry of gathering papers and sending them off to the lender to get us a mortgage. Bank statements, loan statements, W2s, paystubs, credit card statements. SO MANY STATEMENTS!
We quickly got a prequal letter for a mortgage and we made an offer on the house.
The house had been on the market for five months, so initially we were going to lowball it. But apparently two other couples had gone to the open house and were going to make offers on the house as well. We went for list price and the current owners snatched our offer up the next morning.
The next step was lining up house inspections to make sure we weren’t getting a dud of a house.
The inspections happened this week. They found a few problems, but nothing major (no walls made of cardboard, no explosives under the floorboards, etc.). We’re asking the current owners to fix some of the problems before we close escrow.
There’s been a steady stream of other forms to sign going back and forth between my wife and I, the real estate agent, the solar company, our insurance company, and the lender.
It’s been an exhausting experience. When I get home I’m often printing off another form to sign, signing it, scanning it back into my computer, and then emailing it off again. The process would probably be even more exhausting 25 years ago when the forms all had to be dropped off in person or sent through snail mail!
But we’ve lined up an amazing house to move in to. Here! Take a look!