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Things are looking up
Just a brief update — as of last Thursday, got the deposit and lease signed with the oncologist! Matt and I are ecstatic about this tenant and hopeful that he will stay with the unit for awhile. We met his two sons who are the nicest, well-mannered kids—which helped with our fear of rowdy boys bouncing around the place. What’s even better: our new tenant was trying to break the lease on his current apartment (he’s moving because it’s much too small for him) and lucky him: 2 days after giving notice, his landlord already found a replacement tenant! So because of this, our tenant moves in literally 1 week…
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This is a good problem to have….
Well, we’ve only gotten 2 inquiries so far from the condo in the last 3 days….but lucky us, they were GREAT inquiries! The first was an oncologist with a great job, steady income, etc and loved our place. He dropped off his rental application the next day. The second was a married couple — also steady jobs, incomes, good credit history and they loved it so much they filled out an application on the spot. We feel so lucky that both sets of applicants are rock stars. Such a tough decision!!! Who do we choose?! (and yes, this is a good problem to have….) We decided to go with our…
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Things are wrapping up soon….
It’s been a busy few weeks wrapping up the home purchase, mainly in getting loan documentation all together. Man, I don’t know if it’s this lender I’m working with or just strict new Fannie Mae rules (probably the latter) but the amount of documentation I have to show compared to when I bought the condo in 2003 is insane. Anything that is even slightly off I have to sign a letter with a statement describing the issue. It’s all worked out and nothing is going to stop this loan from going through (whew!) but man, it’s been really interesting comparing the current experience to 6 years ago. Yesterday, we had…