The re-inspection went so incredibly well! My inspector had a huge grin on his face. “They really did this right. I can’t believe how much money they put into it.” I’m so excited. I’m officially buying a house on Friday!
Still waiting to hear the final total that I have to bring to the table on Friday. That’s one thing that I find annoying. I’ve got an estimate, which I was told was probably a high estimate. I should hear tomorrow or Thursday. So that’s really the last step.
Yesterday was a bit of a crisis. As I discussed with my loan officer, I had money for my down payment in CDs and I was going to cash them out early. No big deal, right? Right. Oh wait, except it is. Why? Because in cashing out those CDs, I suddenly had more money in my savings account and I couldn’t prove where it came from. From the closed CDs, of course. This seemed clear to me. The note in the savings account (made by the bank) even said “Deposit from closed CD.” But that wasn’t enough. I needed proof of the closed CD. And in trying to get this from the bank, I had to jump through a million hoops. Because they, like me, didn’t get why I needed more proof.
But I managed to get the info (after running over to the bank and begging – which my loan officer tells me is not an uncommon thing). So all is well.
The lesson? Don’t wait to cash out your CDs. Or make sure you have all sorts of paperwork for the closure of the CD account. Because it is a mess.
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