Buying A Home
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Is it normal to be nervous once you get closer to the closing date?
I'm pretty sure it is but I was wondering if anyone else shared the same feelings. I know we're ready but it's still a little overwhelming. How was your experience purchasing a home?
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Re: Is it normal to be nervous once you get closer to the closing date?
The two weeks before closing I was constantly second guessing whether or not it was the right place for us or if we had made the wrong decision to buy a condo instead of a house or if we would have been better off in a different neighborhood. I was also worried about turning over the money we had been saving for so long and scared that something would go wrong, even though I knew we had more than enough set aside for expenses and emergencies.
That all changed once closing was over, I knew we had made the right choice for us and I love the place even more than when I first saw it.
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I was so nervous before closing that I couldn't focus at work... but it wasn't related to second guessing the house. There was no doubt in my mind that this was an amazing house, in beautiful condition, 100% move in ready and we were so lucky that it was listed for about $30k lower than our high-end. I was nervous (and it turns out, with good reason) that the lack of communication on Bank of America's end was a sign of them being underprepared. We needed to close on Friday and move that weekend because the following Wednesday we needed to be out of our apartment with the keys turned in. So my nervousness was more about being potentially homeless, or having to deal with the apartment complex to get an extension, which would have been difficult.
It ended up working out, but our set closing appointment for 4 PM ended up being moved to another location (and our REA could no longer be there) and we didn't leave the building until almost 9 PM because of Bank of America's issues. They got the funds transferred to the title company by 5PM (should have been by 3PM) but didn't finish the closing docs until about 6. Then we got them and the HUD was for the wrong purchase price and had the sellers as contributing to closing costs, which they weren't. By the time we got the right HUD, we still didn't have the docs to sign, and apparently BOA couldn't print them because of a computer glitch. So we were in a holding pattern. The money was at the title company but not the stuff for us to sign. It ended up finally getting there around 8:30.
Long story short-- it all worked out, we had the keys in our hands that night and the house was officially ours. We moved that evening because hurricane Irene was supposed to hit the next day. We finished moving around 3 AM.
It was a nightmare and I cried at the title company when it looked like we weren't going to close that night and the sellers weren't going to give us the keys. But in the end, we got the house, it'll be 4 weeks tomorrow, and we couldn't be happier
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Yes I think it's normal.
We're in the same boat.
Our closing date changed from 9/22, to 9/27 (next Tues) and a chance that it might be delayed by 1-2 days.
ARGH. I just wanna sign our life away and move in!
I am having a hard time concentrating at work...finishing packing the last of the last..etc. Nerve-wracking!