Wed, Nov 03, 2004

: House Buying Adventure

Great, it’s cloudy and potentially wet today: after I’d checked the advanced weather forecast earlier in the week to confirm no rain the reports were, of course, completely incorrect. Brilliant. Why do they bother?

I just signed the final mortgage documents (about 50 pages worth including a document in which I’d promise I sign more documents if these weren’t enough) and handed over a cashier’s check for the down payment and closing costs. The keys are almost in my hands. The documents must be signed by the seller in Oregon and then come back to the bank here for funding, but if everything goes as planned, we’ll close on Friday. There is one potential obstacle which has me worried: I am supposed to have auto-debit set up for the mortgage payment. I couldn’t do that earlier because I didn’t have my Oregon bank account yet, but I have it now and I tried to get the form today at the local branch but apparently it’s not that simple. Apparently that’s something that must come from the mortgage department. Supposedly this form must be signed before the bank will fund the loan, so I’m concerned.

Topic: [/house purchase]

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