The house is mine! Well, mine and the bank’s. But some of it’s mine!
Closing finally happened yesterday afternoon. It wasn’t the smoothest of processes getting there, and I got my final numbers for settlement not an hour and a half before. Thankfully, I could just do a wire transfer online. Let me tell you, transferring that amount of money is absolutely terrifying. It’s all too easy to do. But it was easier than trying to get to the bank (at lunchtime, of course) and also trying to get to the house to do a final inspection, and then drive across the city to the Realtor’s office.
It was a lot of papers to sign. Before settlement, I did my research and read up about what sort of papers I would be signing. That made the process a whole lot smoother, that’s for sure. And the seller did all his signing earlier, so he wasn’t even there.
And then that was it. It was mine. Honestly, it was pretty anticlimactic.
Rather than celebrate, I went to Home Depot and picked up some of the things I knew I needed, then walked around the house in the dark. And discovered one of the living room switches doesn’t work. Not the greatest of things to discover, but my Realtor said to let her know if I uncovered anything else that the seller should have fixed. Honestly, by this point, I don’t expect them to do anything. There’s also a broken handle on a bathroom cabinet that happened sometime between inspection and closing. Should it be fixed? Probably. Do I expect to have to do it all myself? Absolutely.
But that’s not a big deal. The house is mine! I’m giving notice at the apartment building on Monday. Unfortunately, I’ll have a month of paying both rent and a mortgage, but I factored that in to my moving expenses. Today, I moved over a bunch of boxes that I already packed, made a trip to IKEA to scope out some storage ideas, and cleaned the entire second floor. Now I’m home packing up some more boxes. It’s been a productive day.
Oh, and I finished my taxes too. I’ve already changed my withholdings for next year – I got a decent sized return from the feds this year, and with the mortgage interest deduction, that will only increase. Clearly, I need to change things so I’m taking more home every paycheck. I’m going to let all my bills settle out over the next few months to get a handle on my finances and then, hopefully, be able to increase my 401k contributions.
It’s all very exciting. And overwhelming. But exciting.