When we started shopping for a house, both Jeanine Frost and Grace Draven warned me that the applying for a loan was going to be a nightmare. As self-employed, we face far greater scrutiny. When we bought the house we currently live in, it was easy. Not sure why, but they asked for certain documents, we sent the documents, being across the country, and thirty days later we had a house. The only snag was the fact that our income had dropped and the bank asked for explanatory letter. The letter was easy – Borders had tanked and most fiction writers had taken a financial hit. But that was some years ago, so I mentally braced myself.
With this house, we applied for a VA loan. Gordon has never used any of his military benefits, so we figured why not? VA loan comes with a couple of extra hoops, the biggest one of these being termite inspection and treatment. Basically, if there is any possibility of termite conducive conditions, VA will make the seller treat the house.
Also, because this house is only an hour away and is non-conventional, meaning not a typical suburban Texas house, everything is complicated. We had inspector look at the house. We also brought in a structural engineer. Both of these gentlemen passed the house with flying colors, much to the surprise of our agent, who, I believe, expected serious problems. But, just to be sure, we brought it a plumber and electrician. They uncovered about $3,000 worth of minor problems. Things like grounding wires missing, which we will fix immediately before we move into the house and light fixtures that are too low over the bathtub.
Me: Maybe we could keep this chandelier…
Gordon: Or we could replace it with a toaster, so when it falls into the tub, we’d get electrocuted for sure.
So the chandelier is coming down.
The seller is working with us on the repairs have been rather lovely about trimming back vegetation etc to satisfy VA loan requirements, but the volume of everything that needs to be checked, signed, and agreed upon is overwhelming, and we are not quite to the actual money part yet. I mean we’ve done a very thorough pre-approval with an underwriter, because we expected issues, but I have to tell you, if the financial part will be as time-consuming and nerve-wracking as the preliminaries, I might self-destruct before it’s over. It’s made worse because I really love the house and every time we go down there, I don’t want to leave. Gordon and I are planning out the floor, the wall colors, etc, but the house isn’t ours yet.
Yesterday, Grace Draven called me.
She: Hi. We’re in front of your house and there is a massive deer laying in your front yard.
Me: Oh, yeah, they run through the neighborhood like dogs over there.
She: This is so cool!
If the sale goes through, we will be only half-an-hour from their house in Wimberley, so it works out.
Moving will be a nightmare. We have also been sick for three weeks now, which is sapping my energy to nothing. I actually went to the doctor, who thinks it’s allergies. Gordon is also sick. Right now I feel like we’ve climbed half-way up a mountain and ran out of breath, supplies, and water. I just want to get the house and be done.