This morning our friend Karen came over to use our interwebs. Karen, her husband Todd, and their two adorable children are moving from the ghetto to the countryside of New Hampshire. A backyard, two car garage, and most prized of all, actual rooms, await them on Friday.
Karen and I were both first time home buyers when we moved into Spencer Lofts, and our first closings were far from perfect. Karen and Todd ended up borrowing mucho money from family members to cover unexpected costs.
Red and I drove all the way from LA with a 28 foot moving truck, a car carrier, and two dogs sitting in the cab. When we pulled into Boston, I was riding higher than a kite, and not just because I was sitting in the cab of a very tall truck. I was on my way to home ownership and joys and headaches that would come with it.
Red and I checked into a hotel (the Best Western in Framingham) unhooked the car, and drove into Boston. I called my mortgage agent to find out what time my closing was the very next day.
I'll spare you the emotional breakdown of my telephone call, but here's the gist of it. Our mortgage agent had done nothing. We hadn't been approved for a mortgage, our assessment hadn't been done, and all of our paperwork sat in a file, untouched since we had set the whole farce in motion 30 days before. A supervisor got on the phone and apologized to us, but her words rang hollow, a too little too late.
Red and I had a truck full of belongings, no mortgage, and we were in danger of losing our very first house. Luckily we were able to call the mortgage company who had pre-approved us for a mortgage, and they agreed to fast track a new mortgage in less then a week. I spent that week sobbing hysterically, taking swills of Jack Daniels in the parking lot of the Best Western.
On June 17th 2004, Red and his very hungover, emotionally spent wife moved into Spencer Lofts.
What are your horror stories from closings or moving?
~Meghan
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