Curb appeal!
So, after 6 months of Oogling over this house I fell in love with, we finally made an offer on it this weekend. It’s a short-sale, so the bank has to approve, but it’s PERFECT! We made an offer 15K over the other guy, and I did my pre-approval through their bank, so as long as we don’t get into a bidding war, I think we’ve got this one nailed.
This is a 1600 sq ft house on the Lake. (Okay, “Lake” means something different in AZ than it does in the rest of the world. It’s more like a series of man-made canals.) 3 bedroom, 2 bath, 2 car garage.
See pictures of the front:
And of the view from the back yard:
View from the back!
Anyway, I should know whether the bank accepts my offer sometime this week. We did 10% down and a 15 year loan. I also found out my credit score average was 764, which apparently qualified me for best tier rates, and that was before they accounted for payoff of my car loan and the Citi card payoff (that will hopefully post tomorrow.) Using one of those nifty calculators, the Citi card payoff raises my score 30+ points, which should put me close to 800.
No worries though, I’m just pleased I qualified for the best rates at status quo. Once this house closes, I won’t care about my score anymore because I’m done w/ debt. I will close my Citi card and officially be left with one credit card open (the USAA) 2 loans on my rental house, and the 15 year lake house loan. Viva la new casa! Stay tuned for updates!