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Valued Contributor
MovingForward_2012
Posts: 3,406
Registered: ‎12-19-2012
0

Re: January and February

Wow hackgizz! Congrats!!! That is a lot of home for only $317K! What state did you buy this in?
Cards: Orchard Bank ($1100) | Cap1 Cash Rewards ($2500) | Chase Freedom ($1000) | Best Buy ($2500) | Discover It ($1000) | Barclay Rewards ($2500) | Current scores: EX FAKO: 684, CK TU: 649, FICO EQ: 680, FICO TU: 698, FICO EX: 658 Happy Homeowner Since 2/6/13! :smileyhappy: Last App: 4/5/13 Gardening until July 2014
Valued Contributor
MovingForward_2012
Posts: 3,406
Registered: ‎12-19-2012
0

Re: January and February

Purchase Price: $347,900
Property: Single Family Home, new construction, 4 bd, 3 1/2 ba, study, 2500 sq ft finished, 1000 sq ft unfinished walkout basement, deck built in backyard on main level, has a covered patio in front
Toured house : 1/2/13
Submitted offer on: 1/2/13
Signed Purchased Contract On : 1/5/13
Type of loan: 1st mortgage FHA, 2nd mortgage CHFA for 3% down
Loan rate: 3.25% initial (not locked yet)
Loan application submitted: 1/7/13
Loan approved: still in underwriting
Closing date: hopefully end of this month, no later than Mid February
Closed on: n/a
Cards: Orchard Bank ($1100) | Cap1 Cash Rewards ($2500) | Chase Freedom ($1000) | Best Buy ($2500) | Discover It ($1000) | Barclay Rewards ($2500) | Current scores: EX FAKO: 684, CK TU: 649, FICO EQ: 680, FICO TU: 698, FICO EX: 658 Happy Homeowner Since 2/6/13! :smileyhappy: Last App: 4/5/13 Gardening until July 2014
Established Member
hackgizz
Posts: 23
Registered: ‎07-09-2008
0

Re: January and February

This is in Central Florida

 

7br and 5 bathrooms the same Builder have the same house in Orlando for 467k 

But i like the Country side of Central Florida 

Valued Member
tshope4205
Posts: 39
Registered: ‎11-09-2012
0

Re: January and February

So excited now!  Found house in late October - however, my mid-score was only 570ish - couldn't get loan.  Went crazy trying to pay down cards & remove negatives....got my score up to 649 mid, and was pre-approved for loan in early December!!  The house is very well-maintained, but cosmetically needs A LOT Of updating, but we are excited to put in the work ourselves & build equity over the long run....The house has a ton more space than our previous home, and the layout is great!

 

Purchase Price: $264,500
Property: Single Family Home in one of the best school districts in our city!, 4 bd, 2 1/2 ba, 2600 sq ft  + 1000 sq ft fnished basement, and 3 season room off of family room/kitchen.
Toured house : 10/29/2012
Submitted offer on: 12/17/12
Signed Purchased Contract On : 12/19/2012
Type of loan: FHA
Loan rate: 3.25%
Loan application submitted: 12/19/12
Loan approved: waiting on 401k check & chimney inspection to see if we want to request additional repairs, but all other conditions have been signed off on.
Closing date: hopefully 1/23/13
Closed on: n/a


Starting Score: 534 (10.30.12)
Current Score: 649 (12.9.12)
Goal Score: 700


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Valued Contributor
JM-AM
Posts: 3,303
Registered: ‎06-09-2010
0

Re: January and February


tshope4205 wrote:

So excited now!  Found house in late October - however, my mid-score was only 570ish - couldn't get loan.  Went crazy trying to pay down cards & remove negatives....got my score up to 649 mid, and was pre-approved for loan in early December!!  The house is very well-maintained, but cosmetically needs A LOT Of updating, but we are excited to put in the work ourselves & build equity over the long run....The house has a ton more space than our previous home, and the layout is great!

 

Purchase Price: $264,500
Property: Single Family Home in one of the best school districts in our city!, 4 bd, 2 1/2 ba, 2600 sq ft  + 1000 sq ft fnished basement, and 3 season room off of family room/kitchen.
Toured house : 10/29/2012
Submitted offer on: 12/17/12
Signed Purchased Contract On : 12/19/2012
Type of loan: FHA
Loan rate: 3.25%
Loan application submitted: 12/19/12
Loan approved: waiting on 401k check & chimney inspection to see if we want to request additional repairs, but all other conditions have been signed off on.
Closing date: hopefully 1/23/13
Closed on: n/a


Congrats on your hard work to get approved.

 

Enjoy your new home

Good Luck
May all your dreams and wishes become a reality!
Valued Member
wally101
Posts: 42
Registered: ‎01-19-2012
0

Re: January and February

[ Edited ]

Wow jessica04! Very nice! A lot more home than I get. I'm in Coastal North San Diego. I've been waiting a long time to post this up...

 

Purchase Price: $199,000.00

Property-Short Sale: Split Level 1 bd, 1.5 ba, 954 sq/ft, open layout with hight vaullted ceilings, fire place, and best of all attached 2 car garage for my toys ie motorcycles, golf coarse view

Toured house: 3/14/2012

Submitted Offer: 3/14/2012

Signed Purchase contract: 3/15/2012

Bank Approval Letter: 12/29/2012 (Wow!)

Entered Escrow:12/31/2012

Type of Loan: Conventional 10% down

Loan Rate: 3.75% 30yr fixed

Closing date: Must be before Feb 8th... 01/25/2013

Closed on: TBA

 

EQ FICO score from here... EQ 716
USAA monitoring Experian Plus scores : EX 773 EQ 773 TU 785
New Contributor
slappymancuso
Posts: 167
Registered: ‎12-04-2012
0

Re: January and February

Wow, wally101, that is a long time to be under contract!  Congratulations on finally getting through that part.  I am sure your time until closing will fly by now.

Valued Member
wally101
Posts: 42
Registered: ‎01-19-2012
0

Re: January and February

Yeah...it took forever to get the short sale approval letter from the bank!

EQ FICO score from here... EQ 716
USAA monitoring Experian Plus scores : EX 773 EQ 773 TU 785
Regular Contributor
jandj80
Posts: 230
Registered: ‎09-22-2012
0

Re: January and February

Congrats to everyone closing and already closed!

 

Update for us: File back from underwriting. We are good to close. Set up final walk through for 1/26, and close at 8am the 28th. Had to take in proof of savings deposits, and that was the only condition given by the UW. Appraisal came in right at 240K. So barring any major complications I think we are all set! Yay!!


Starting Score: EQ 416 TU 498 EX 468 Lender Fico's July 2012
Current Score: EQ 548 (Myfico) TU 655 (Walmart) CK 672 EX?? CS 642
Goal Score: For now: 640s


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Valued Member
BetterHalf
Posts: 65
Registered: ‎12-15-2012
0

Re: January and February

I'm so excited to finally post here!!!

 

Purchase Price: $46,500
Property: Single Family Home, 3  bd, 1 ba, 1312 sq ft, includes stove, fridge, washer & dryer, enclosed front porch, enclosed back patio, fenced in yard, 2 car detached garage, attached carport. Very immaculate and well cared for.
Toured house : 12/13/12
Submitted offer on: 12/16/12
Signed Purchased Contract On : 12/17/12
Type of loan: FHA 3.5 down (my name only with a non-purchasing spouse)
Loan rate: 3.25%  locked
Loan application submitted: 12/18/12
Loan approved: Today, with one condition of LOE for source of 2 recent savings deposits
Closing date: On or before 1/20, and since thats a Sunday, I'm betting on before :smileyhappy:
Closed on: TBD, but positive that by this time next week i will have a set of keys!


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