Things I didn’t know about house buying! | Confessions of a Newlywed
Good morning friends! It’s time for another installment of our newest blog series, “Confessions of a Newlywed!” Now it’s not too late to catch up on the blog series before this one, entitled “Confessions of a Future Bride”. It was where we documented EVERY part of my assistant’s wedding planning process. We thought since we are in the wedding business, why not offer ideas for our newest brides! Now that Rachel is married and we got a lot of great feedback from that series, we decided to continue with it. Not as a future bride but as a newlywed! 🙂
If you would like to get started on the Future Bride series, click here and scroll to the bottom where I’ve mapped out past posts for ya!
Today, we are piggy backing off of last weeks post where Rachel caught us up on what it’s been like to be married for 9 months.
“If you caught up with the blog last week, you would have seen that the only exciting thing Arthur and I have done since getting married is buy a house! We have had OUR house for about seven weeks. And I am still obsessed with it 🙂
So one thing buying a house has taught me is patience. And more patience. And even more patience. Now I know some people who it has taken even longer than Arthur and I to close on their house, but geez it is just not fair to have to wait that long when you have found the house and you are ready to move in!
Erica asked me to write about a few things that I did not know prior to buying a house or some things that had surprised me. First, I didn’t realize that the bank takes the lower of the couple’s credit scores. I guess I thought they would take an average of the two? I’m not sure what I thought lol, but I did not realize that. Also, you will need to provide bank statements after bank statements after bank statements. It feels like a million. Another thing.. It is really hard to decide when to lock in on an interest rate.. Like really hard.. Once you lock in, the rate is only good for a certain number of days.. So if you lock in right away, then your closing takes too long (like mine did due to our super slow seller) you could end up having a higher rate. It’s a total guessing game and I made my dad make the decisions for me 🙂 Lastly, I was told that at the closing I would need to sign a million papers and my hand would feel like it was about to fall off.. But it didn’t, we didn’t have to sign much and we walked out WITH THE KEYS TO OUR HOUSE in a little over a half hour 🙂 !!!!
One piece of advice from this new home owner.. Don’t be afraid to ask questions. I think I had a gazillion of them. Lucky for me, my dad is in the banking business so he was able to answer a bunch of my questions. And we had a great realtor, Arthur’s Aunt Suzanne Bongiorno of Century 21 in Montgomery (Shameless plug for the great Aunt Sue 🙂 ). And we had an awesome attorney who I felt fully explained every detail and every piece of paper we were signing.
So continue to keep checking in with the blog and at some point we will take a look inside my new home!!! :)”
~ Mrs. Bongiorno