(I’m showing this pic with Grandma Blue, Jessy’s car, in the driveway, cuz that’s how its gonna look when we move in!!!!)

We’re back! And it went well!!!!!

We were nervous for sure, but Todd, our mortgage officer, he was very nice, very business like and ready to help us out.

We talked, and at first were considering using the Fannie Mae program for first time home buyers and other things and all, but in the end, that would have taken 3-4 weeks for approval and he said we didn’t need to do that. Credit and all was fine for that amount and that a conventional loan should be fine. Our debt to income ratio was fine, and in fact, this mortgage amount will be half what we’re paying in lot rent!!! Hard to believe a house payment under $200. I mean, for gosh sakes, that’s SUPER low! And taxes would only be $100 a month. Tell me WHERE in the WORLD you could get a 3 acre homestead for $300 a month? Oh yeah, and only 15 year mortgage! Shesh…

Anyway. Everything looks good. He has to get a few bits of paperwork because of the self employment and all, and we need a few more little documents and so we’re meeting on Wednesday after to get the application finished and in to the loan committee.

Our next hurdle is that the house has to pass the appraising. I’m pretty sure it will. It has to appraise for the low value of $18,900. The house was last sold in 2007 for $50,000 and then AFTER that, the owner began to ready the house to flip. She put in a new roof, siding, new kitchen, new bath, new ductwork, overhauled the furnace etc. The house is empty and clean, and the only real roughness is that the inside is a little ugly and the flooring needs attention as it’s old carpeting, rough wood floors and all that stuff. But nothing horrid. No holes in the wall, no terrible situations that we saw. SInce the land ALONE is valued at $19,000, we’re pretty sure it will pass the appraisal. It’s really the nicest house of all that we’ve looked at!!!!

Kitchen of OUR FARM…..

The kitchen of our new #2 property choice, in Lyons, that we found this morning and is $10 grand more…. and one acre less….

Yeah. OUR FARM is soooooo much better and ready for move in. Totally ready.

Hopefully, we’ll have an answer in a couple days after Wednesday. First of the week is what I’m kinda guessing. Jessy thinks Friday… I’m like, well, maybe more like Tuesday. (haha)

Then we can officially make our opening offer.

We want to thank EVERYONE that is so excited about this. You’re all wonderful! We have people ALL OVER THE WORLD pulling for us! How cool is that?

So now, you have to help us. We need a name for it. OUR FARM is kinda not quite right… it’s only 3 acres, it’s a hobby farm at best. More like a homestead. Or a smallholding, a croft. We need a name. Me, I like Moby Hollar. HAHAHA…. Maggie likes Green Heart Farm…. and Jessy? She came up with Salty Croft. (Don’t even try and figure that one out. She loves salt bagels. It’s that simple.)

Give us some suggestions for the perfect name for our little homeplace!!! We need to name it and claim it and make it our own!!!!

Any suggestions?????? Leave a comment below!!!