I'm moving (take 2)

XHonusWagnerX - 9-1-2011 at 08:01 AM

So a couple of months ago I posted that I was moving cause I was buying a house and then the whole thing fell apart and I was super bummed out. Well... another house right in my area was for sale so we took a chance and they took an offer. So far I think the Purchase & Sales is signed by everyone involved, the mortgage paperwork is all filled out and the home inspection is scheduled for Saturday.

Now it could still fall apart, but I figured I would share the info with you guys anyway. Heres the house...

http://www.realtor.com/realestateandhomes-detail/125-Pinecre...

Dave - 9-1-2011 at 08:09 AM

Kick Ass! Congrats Josh!

Jason the Magnificent - 9-1-2011 at 08:17 AM

Nice place! Out of curiosity...how much does something like that run up by you?

XHonusWagnerX - 9-1-2011 at 08:30 AM

Quote: Originally posted by Jason the Magnificent

Nice place! Out of curiosity...how much does something like that run up by you?

$193,000 but they are paying $5000 in closing costs so its like getting the house for $188,000 in a sense. I think with my downpayment the mortgage will be about $1270 a month. I know thats low compared to lots of people, but I'm terrified!!!

XnMeX - 9-1-2011 at 08:57 AM

That back yard looks badass. Good luck with everything!

Jason the Magnificent - 9-1-2011 at 09:00 AM

Quote: Originally posted by XHonusWagnerX

Quote: Originally posted by Jason the Magnificent

Nice place! Out of curiosity...how much does something like that run up by you?

jesus...something that size w/ that yard by me would still be around 300....

ShawnRefuse - 9-1-2011 at 10:06 AM

that's great Josh. Best of luck.

DaveMoral - 9-1-2011 at 10:15 AM

Quote: Originally posted by XHonusWagnerX

Quote: Originally posted by Jason the Magnificent

Nice place! Out of curiosity...how much does something like that run up by you?

Well now I'm pissed off Josh!

I rent at $1250/mo.

ChadBeantown - 9-1-2011 at 10:19 AM

Does that $1270 include PMI and Taxes? That seems really low unles you put $40 to $50 thousand down. Also, time to start looking for a sit down lawn mower!!! Good luck, Hope everything works out!!! CONGRATULATIONS!!!!!!!

Discipline - 9-1-2011 at 10:50 AM

You'd pay twice that for that house where I live. Looks great.

DAK - 9-1-2011 at 11:07 AM

Looks sweet, congrats!

XHonusWagnerX - 9-1-2011 at 11:09 AM

Theres a kind of PMI that I guess a lot of mortage brokers dont deal with because not a lot of places offer it, but its called 'up front PMI' so I have that. If you get 10% ($19,300) down (which is what I'm putting down) then you can get a PMI that you can either pay ALL up front OR you can factor it into the mortgage. Its based on the price of the house, but for that house at $193k my upfront PMI is about $2500 which is about $10 a month added to the mortgage.

so the breakdown is going to be around this...
$854.50 - mortgage
$334.50 - property tax
$66.67 - insurange
$10.00 - upfront PMI

total monthly payment $1265.67

lifeisabitch - 9-1-2011 at 11:30 AM

dude that looks nice
great backyard for the kids
lots of space to build later if you want to...
good things come to those who wait

XHonusWagnerX - 9-1-2011 at 12:03 PM

Quote: Originally posted by lifeisabitch

great backyard for the kids

no! no thanks!

XnMeX - 9-1-2011 at 12:37 PM

Quote: Originally posted by XHonusWagnerX

Quote: Originally posted by lifeisabitch

great backyard for the kids

no! no thanks!

Steve, he IS the kid!

XHonusWagnerX - 9-1-2011 at 01:30 PM

Quote: Originally posted by XnMeX

Quote: Originally posted by XHonusWagnerX

Quote: Originally posted by lifeisabitch

great backyard for the kids

no! no thanks!

Steve, he IS the kid!

exactly! Thats why I'm so terrified of 'owning' a house! I have awesome credit, but I've never even had a cable or phone bill in my name, nevermind being responsible for an entire household... thank god for Jenns!!

newbreedbrian - 9-1-2011 at 04:17 PM

Party at Josh's take 2!

morgan - 9-1-2011 at 10:40 PM

Looks nice man.

CR83 - 9-1-2011 at 10:56 PM

Josh, this house looks awesome. YOU are awesome. Enjoy the house man. You deserve this greatness.

clevohardcore - 9-1-2011 at 11:42 PM

Wow, Josh that house blows the earlier one away. Very nice!

BDx13 - 9-2-2011 at 11:04 AM

that yard looks like it's gonna be a bear to mow!
also...

Quote: Originally posted by newbreedbrian

Party at Josh's take 2!

XHonusWagnerX - 9-3-2011 at 09:52 PM

Home Inspection was today. It went pretty well but we gotta wait for the fuill report from the guy (Monday or Tuesday) and then wait for the results of the Radon test.

XHonusWagnerX - 9-29-2011 at 10:54 AM

Just got word that the closing is tomorrow. I'm terrified, but hopefully its worth it!

House warming gifts are welcomed ; )

Johnny_Whistle - 9-29-2011 at 10:59 AM

Quote: Originally posted by XHonusWagnerX

House warming gifts are welcomed ; )

You've already got a Pac-Man table game, what more could you need?

clevohardcore - 9-29-2011 at 11:15 AM

awackawackawackawackawackawackawackawackawackawacka

- pacman sound

By the way, how is your PMI only $10 a month? Mine was $90 for a home that was just under $100,000.

XHonusWagnerX - 9-29-2011 at 11:53 AM

Clevo - the PMI that I'm paying is a program that a lot of lenders dont offer. Its called 'UP FRONT PMI'. You qualify for it if you put 10% or more down and its a much lower amount that most of the time you're supposed to pay for in advance (at the closing) but some lenders also allow you to roll it into the mortgage. Mine ended up being about $7 a month + interest since its in the mortgage or it would have been just over $2000 at closing to pay it off.

XHonusWagnerX - 9-30-2011 at 11:55 AM

headed to the closing... send some PMA that nothing goes wrong!!

BDx13 - 9-30-2011 at 12:04 PM

you'll be fine.
check back in when you're a homeowner.

XHonusWagnerX - 9-30-2011 at 05:04 PM

well I'm officially a HOMOwner! Scared to death and feeling overwhelmed, but its done. We're actually getting the locks changed right now and then hopefully cleaning this weekend and start moving stuff slowly for the next 2 weeks and the big moved on the 15th.

MattyA - 9-30-2011 at 05:09 PM

Congrats! and best of luck!

BDx13 - 9-30-2011 at 05:17 PM

outstanding.
quite a feeling, innit?

DAK - 9-30-2011 at 07:10 PM

Congrats bro.

Six66Mike - 9-30-2011 at 07:16 PM

I wish I had the same worries

Enjoy it, that place looked sweet when I checked it out before.

JawnDiablo - 9-30-2011 at 07:30 PM

I need to move west........
west as in towards where BD is at.
I need to play the lotto

lifeisabitch - 9-30-2011 at 08:31 PM

congrats man

CR83 - 9-30-2011 at 10:03 PM

Congrats Honus. You rule

BDx13 - 10-1-2011 at 03:26 PM

Quote: Originally posted by MQ74

I need to move west........
west as in towards where BD is at.
I need to play the lotto

don;t have to win the lotto to live out this way...that's way we're here!

JawnDiablo - 10-1-2011 at 08:28 PM

and congrats Honus!

XnMeX - 10-3-2011 at 02:27 PM

Congrats Xup! I am sure you will have that place decked out pretty sweet! Gotta take some pics when you have things a bit set. I am still far from having things set in my place so I know it might be a while.

Discipline - 10-3-2011 at 03:08 PM

Way to go Josh. I'm jealous.

XHonusWagnerX - 10-3-2011 at 03:14 PM

thanks guys... I will take pics when I can!

morgan - 10-3-2011 at 08:44 PM

Congrats man.