Keith and Kinsey's Real Estate Update

Home Build – Week 8

This week in our home build the contractors finished the siding, and drywall hanging. They are now working on mudding and taping the drywall. We talked with the builder about the completion date. He’s a bit ahead of schedule and we’d like to lock interest rates as soon as possible. Right now we are about a week ahead of the original 120 day schedule. The builder was kind of thinking it would be done July 15th, but he gave us a more conservative date of July 20th. Upon completion our lender will need some time to send an inspector and approve the final payout before we can move in. In any case, for purposes of our count down, we are going to count days based on the 20th.

We haven’t yet listed our condo for sale yet, because a friend of ours wants to buy it. However, we ran into a little snag, the association let our FHA financing qualification expire. This pretty much eliminates the 3 most desirable loan programs that were available for our condo; FHA, USDA, and VA. It shouldn’t be a big deal though. We are working with our association, to get the qualification renewed.

Completed Siding Front

Completed Siding Back

Interior Drywall

Day 55 – 55 days and counting


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