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Received Good Faith Estimate; The Bushmans

May 22nd, 2012 at 03:20 pm

I received my good faith estimate and some other documents. In 2-3 weeks, I should receive the loan docs in the mail. I need to sign and have them notarized (will make appt for this at the local WF branch), then send them back. I am supposed to close June 30th! They are adding on June's interest to my balance and I skip a payment in July. They will transfer my existing escrow account, so I will be short one monthly deposit (from skipping in July). They will do an analysis a month or so after closing, and I will need to send some money.

My new PITI is $1077.92. Smile

My daughter found a house to rent in a small town about a 30 minute drive from here. Her father met with the realtor today to view it (he is a deputy, and is currently assigned nearby). He said the carpet is a bit worn, but otherwise it is a-ok. New appliances and linoleum, and clean. The realtor emailed the lease to her today, she will overnight it with the deposit, and they will hold the house for her until June 15. She should be moved in before then. Yay! They will stay with me for a day or two after they arrive from Indiana, but then will be moving into their rented house.

I did a wallet sweep today, and sent the proceeds ($4.62) off to CurveBall.

I found this blog recently, and am fascinated. This family of 4 lives on one part-time income. They paid 13k cash for their fixer-upper house in a very rural area.


I don't think I would like living in a town of 100 people unless a much larger town was close by. However, it makes me wonder...could I save up some cash and buy an inexpensive small home for myself? Like a little 900 sq ft place with hardwood floors built in the 40s? Hmmm.

2 Responses to “Received Good Faith Estimate; The Bushmans”

  1. Bobbie Bushman Says:

    You can do it Petunia! Thanks for linking to my blog! Smile

  2. Petunia 100 Says:

    Thank you for the encouragement, Bobbie! You're very inspirational.

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