Current Events > I recently bought my first house

(+) Yeah! (+)

we close in early march. I cant believe Im spending this much money dear god. But I guess its an investment right?

Any tips for closing?

Where all da homeowners at

Not much to say about closing if everything is fully negotiated already except that it sucks. It's like 200 signatures. Usually somebody from a title company runs the show and it's efficient but still takes a long time.

BuzzKilljoy posted...

Not much to say about closing if everything is fully negotiated already except that it sucks. It's like 200 signatures. Usually somebody from a title company runs the show and it's efficient but still takes a long time.

BuzzKilljoy posted...

Not much to say about closing if everything is fully negotiated already except that it sucks. It's like 200 signatures. Usually somebody from a title company runs the show and it's efficient but still takes a long time.

but what about the cool big key?!?

Were thinking of doing a bunch of small fixes to the house first before we even move in. The inspection reports were very good, but had a handful of recommendations which we want to knock out first.

Trying to brainstorm if we wanna make any bigger changes too, before we officially move. Hard choices

BuzzKilljoy posted...

Not much to say about closing if everything is fully negotiated already except that it sucks. It's like 200 signatures. Usually somebody from a title company runs the show and it's efficient but still takes a long time.

My biggest issue for this is they kept trying to schedule it at awkward times and then they'd cancel. Originally, they called me on a Monday and we scheduled for Friday at like 10:30. So I scheduled off of work. They called me Thursday evening to reschedule and they try for Monday at like 1pm. Then Monday morning they canceled that one and we had to reschedule again. So I had to shuffle around a bunch of work shit with little notice repeatedly because people that buy houses generally don't have jobs or something

The one thing that was really a clincher for me was whether or not there were foundation issues (anything else notable will definitely be found through an inspection). I had my agent get the seller pay for an extra inspection just for the foundation, because it was that big a deal for me.

MFBKBass5 posted...

but what about the cool big key?!?

Were thinking of doing a bunch of small fixes to the house first before we even move in. The inspection reports were very good, but had a handful of recommendations which we want to knock out first.

Trying to brainstorm if we wanna make any bigger changes too, before we officially move. Hard choices

If you have the extra money to make those fixes

PerseusRad posted...

The one thing that was really a clincher for me was whether or not there were foundation issues (anything else notable will definitely be found through an inspection). I had my agent get the seller pay for an extra inspection just for the foundation, because it was that big a deal for me.

Understandable. Foundation issues was one big NO for us when it came to buying a home. The first house we were considering putting an offer on had some foundation issues with a 4 inch differential, so we ultimately passed.

this house we bought had no foundation issues. We did the regular inspection, then even had a special foundation survey company come out to inspect just in case.

dont wanna mess with foundations issues ever. Sounds like a nightmare

Might not be necessary, since you arent moving in immediately, but make sure your utilities are scheduled to start and be in your name so everything is good to go when you need them to be ready. The essentials, like water, gas and electricity, but also stuff like internet and (if you want it) cable.

You had an inspection - good. I live in Illinois, where you are basically forced to have an inspector, and I only recently learned that this is not required (and in some states, discouraged) everywhere else - I had a buddy who moved into a new construction townhome in Vegas about a year ago, and he is still paying the price for shortcuts that the builders took (stuff that was not immediately noticeable). Do you have a real estate attorney assisting you with the process? Not necessary, but it can help to have one, with any questions or small items that might not be obvious to non-attorneys at the closing.

Otherwise, congrats!

The_Popo posted...

Might not be necessary, since you arent moving in immediately, but make sure your utilities are scheduled to start and be in your name so everything is good to go when you need them to be ready. The essentials, like water, gas and electricity, but also stuff like internet and (if you want it) cable.

You had an inspection - good. I live in Illinois, where you are basically forced to have an inspector, and I only recently learned that this is not required (and in some states, discouraged) everywhere else - I had a buddy who moved into a new construction townhome in Vegas about a year ago, and he is still paying the price for shortcuts that the builders took (stuff that was not immediately noticeable). Do you have a real estate attorney assisting you with the process? Not necessary, but it can help to have one, with any questions or small items that might not be obvious to non-attorneys at the closing.

Otherwise, congrats!

I dunno if we were required to use an inspector, but I think itd be crazy to buy a house without doing an inspection and know what youre getting yourself into haha.

we dont have a real estate attorney. Didnt really know that was a thing honestly. Our realtor has been the one answering logistical type questions. But I feel like weve been lucky as its been a super straightforward process so far.

thanks though! Very excited to own a home and not pay rent to a landlord anymore lol

Get a moving company lined up now. Its worth the cost.

Also, you absolutely have to do home repairs. Start getting some basic tools if you dont already. About the only things I dont mess with are roofing and hvac.

Service your HVAC twice a year. Itll last you 30 years if you take care of it.