Locked In!

April 24 - Very short one this time.  We received a letter from Ryan Homes yesterday that outlined some of the upcoming events and how to get prepared.  It covered how to the contact the HOA, the utility companies, etc.  Yes, yes, all of the paperwork.  We know, very important.

Thumbs up on the good news.

It also noted some things about closing including bringing a certified check for the amount needed.  Well, that one took us aback momentarily because we did not think we needed to bring anything to closing because we were receiving a refund from Ryan Homes for our Good Faith payment.

Well, worry not, loyal readers.  We were correct according to our loan officer, Gary.  There was no need to bring a certified check because Ryan Homes would be paying us.  Money in the bank!

Money in the hand is money in the house.

However, the most important note on the paper was a projected closing date of June 7!  Woohooo!  Well, that woo-hoo lasted for a little while until our pre-drywall meeting where our project manager, Drew, noted that the gas company was two weeks behind and we would be delaying that order!  Bummer.

Lastly, we locked in our rate!  Bonus!  We debated on whether to pay a little to bring down the points and we chose to do so in the end.  It was the smarter play for the long term.  We get less money back at closing, but we save more in the long run.  Also, the monthly payments will be lower.  Still a great deal.  So, we locked in at 2.75% on a 30-year fixed loan.  So, we are really happy!  It will not be too much longer until we are in our new home!

This is how we all felt after we locked in our awesome rate!

Up next - a visit from our nephew on Saturday and taking him to see the homestead.  Until then, wherever you are keep on rockin' and be excellent to each other.