04-11-2013 07:44 AM
So we are in the pre-UW stage (I think). We just returned the official application to the LO with all of the disclosures, etc signed and dated. We're waiting on the appraisal to be scheduled and then I think it goes to UW but I am very anxious. Not because of the dreaded UW but because I don't operate well on the unknown. Every time we've moved, I've always overlapped by at least a month, sometimes a little longer, because I don't like the chaos and anxiety that comes from not being organized and doing things last minute. This process is the opposite of that. For instance....When do we start packing our current home up to move, do I give notice to the landlord yet (we're set to close in May) and when will I have time to clean and prepare the home so we get our full deposit back, do I set up the movers, when do I change my mail with the post office ?????
I know - I have a lot of questions but I'm hoping that someone who's experienced it can shed some light.
04-11-2013 09:22 AM - edited 04-11-2013 09:25 AM
Most landlords/apartment complexes require a 30 to 60 day notice, so I'd definitely be looking to get that letter together. If you're closing in May, you can start packing non-essentials now! The more you can do now, the less you'll have to do later.
Try to overlap the times when you close and when you have to vacate your apartment. For instance, if you close on May 15th, make sure your notice to vacate is like May 20th or so. This gives you time to move and still be able to come back and tidy up the apartment, which will help you get your full deposit back. As far as changing your address, I'd do it the day you close. All mail that is currently going to your apartment will be forwarded to your new home until the changes fully go into effect.
Hope this helps!
04-11-2013 09:30 AM
Thank you - it does. We're on a month to month lease right now in a rental house, our lease expired in Feb and of course we didn't renew since we knew we were looking to move. Hopefully a 30 day notice would be appreciated but not required since we're only about 25 days from closing but that's great advice.
04-11-2013 10:43 AM
I don't plan on changing anything over until the day after we close.
I think it works out better than moving rental properties. We expect to close end of this month and will not make a mortgage payment until June. So, we're just going to extend our stay in the rental through May and use that entire month to clean the place out and de-clutter. We don't want to bring all of our hoarding boxes to the new place, so it gives us time to organize. As well as paint and other such things.
04-11-2013 12:40 PM
That's an idea. It would be nice to have no mortgage payment for a month AND get my deposit back
I'll working on packing the non-essentials and save the rest for closer till time I guess.
Forums posts are not provided or commissioned by FICO. Forums posts have not been reviewed, approved or otherwise endorsed by FICO. It is not FICO's responsibility to ensure all posts and/or questions are answered.† Advertiser Disclosure: The listings that appear on myFICO are from companies from which myFICO receives compensation, which may impact how and where products appear on myFICO (including, for example, the order in which they appear). myFICO does not review or include all companies or all available products.
* For complete information, see the terms and conditions on the credit card issuer’s website. Once you click apply for this card, you will be directed to the issuer’s website where you may review the terms and conditions of the card before applying. While myFICO always strives to present the most accurate information, we show a summary to help you choose a product, not the full legal terms - and before applying you should understand the full terms of products as stated by the issuer itself.
IMPORTANT INFORMATION: All FICO® Score products made available on myFICO.com include a FICO® Score 8, along with additional FICO® Score versions. Your lender or insurer may use a different FICO® Score than the versions you receive from myFICO, or another type of credit score altogether. Learn more
FICO, myFICO, Score Watch, The score lenders use, and The Score That Matters are trademarks or registered trademarks of Fair Isaac Corporation. Equifax Credit Report is a trademark of Equifax, Inc. and its affiliated companies. Many factors affect your FICO Score and the interest rates you may receive. Fair Isaac is not a credit repair organization as defined under federal or state law, including the Credit Repair Organizations Act. Fair Isaac does not provide "credit repair" services or advice or assistance regarding "rebuilding" or "improving" your credit record, credit history or credit rating. FTC's website on credit.