Nearly bought a house
#1
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Joined: Aug 2012
Location: California
Posts: 353
Nearly bought a house
Hi, so we've exchanged contracts and paid a deposit on a lovely house in the Bay Area. We completed on our house in the UK today and will get the money transferred asap.
We've already looked through and signed/initialed about 500 pages of reports etc and we are having a home inspection done on Friday. I've booked the moving company, started packing, given what i can to the mortgage broker, got insurance quotes, etc but i'm sure there's plenty i'm missing!?
I'll need to change my address and request a forwarding from the post office - any tips on this?
Anyone have any advice for me on anything else I need to be doing/thinking bout or be aware of re house buying/the moving process?
We've already looked through and signed/initialed about 500 pages of reports etc and we are having a home inspection done on Friday. I've booked the moving company, started packing, given what i can to the mortgage broker, got insurance quotes, etc but i'm sure there's plenty i'm missing!?
I'll need to change my address and request a forwarding from the post office - any tips on this?
Anyone have any advice for me on anything else I need to be doing/thinking bout or be aware of re house buying/the moving process?
#2
Re: Nearly bought a house
Hi, so we've exchanged contracts and paid a deposit on a lovely house in the Bay Area. We completed on our house in the UK today and will get the money transferred asap.
We've already looked through and signed/initialed about 500 pages of reports etc and we are having a home inspection done on Friday. I've booked the moving company, started packing, given what i can to the mortgage broker, got insurance quotes, etc but i'm sure there's plenty i'm missing!?
I'll need to change my address and request a forwarding from the post office - any tips on this?
Anyone have any advice for me on anything else I need to be doing/thinking bout or be aware of re house buying/the moving process?
We've already looked through and signed/initialed about 500 pages of reports etc and we are having a home inspection done on Friday. I've booked the moving company, started packing, given what i can to the mortgage broker, got insurance quotes, etc but i'm sure there's plenty i'm missing!?
I'll need to change my address and request a forwarding from the post office - any tips on this?
Anyone have any advice for me on anything else I need to be doing/thinking bout or be aware of re house buying/the moving process?
#3
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Joined: Jul 2013
Posts: 417
Re: Nearly bought a house
Hi, so we've exchanged contracts and paid a deposit on a lovely house in the Bay Area. We completed on our house in the UK today and will get the money transferred asap.
We've already looked through and signed/initialed about 500 pages of reports etc and we are having a home inspection done on Friday. I've booked the moving company, started packing, given what i can to the mortgage broker, got insurance quotes, etc but i'm sure there's plenty i'm missing!?
I'll need to change my address and request a forwarding from the post office - any tips on this?
Anyone have any advice for me on anything else I need to be doing/thinking bout or be aware of re house buying/the moving process?
We've already looked through and signed/initialed about 500 pages of reports etc and we are having a home inspection done on Friday. I've booked the moving company, started packing, given what i can to the mortgage broker, got insurance quotes, etc but i'm sure there's plenty i'm missing!?
I'll need to change my address and request a forwarding from the post office - any tips on this?
Anyone have any advice for me on anything else I need to be doing/thinking bout or be aware of re house buying/the moving process?
#4
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Joined: Aug 2012
Location: California
Posts: 353
Re: Nearly bought a house
Managed to get XE.trade to increase my limit to transfer the funds but now HSBC are giving me hassle about transferring such a large amount of money over the phone. Just had to post them a letter (at a cost of $50+) with official authorization. Grrr
#5
Re: Nearly bought a house
The inspections always come up with something!!
What you're going to need to decide is who is going to fix them. We got the sellers to do it all - everything was fairly minor stuff so not a problem for us. You might want to negotiate that you will do it and they give you the money. As Pulaski points out, then you are in charge of it and know that any work is done properly. I didn't have the time or inclination to be bothered with it.
Don't forget to ask they pay for a year of home-owners insurance - we were given a $600 allowance for that. Just in case anything goes wrong in the next year. Especially useful when pools and a/c is involved because that can be very expensive to put right.
What you're going to need to decide is who is going to fix them. We got the sellers to do it all - everything was fairly minor stuff so not a problem for us. You might want to negotiate that you will do it and they give you the money. As Pulaski points out, then you are in charge of it and know that any work is done properly. I didn't have the time or inclination to be bothered with it.
Don't forget to ask they pay for a year of home-owners insurance - we were given a $600 allowance for that. Just in case anything goes wrong in the next year. Especially useful when pools and a/c is involved because that can be very expensive to put right.
#10
Re: Nearly bought a house
Home warranty is optional and will help replace certain items that need repair.
Homeowners insurance is required when you have a mortgage the bank will insist on it and generally helps pay for when it burns down or someone breaks in. There is some overlap.
#11
Re: Nearly bought a house
We had both of those for the first year......
now we've got just the one which the mortgage company want. Unless I think somethings on the blink then I'll quickly get the other one!
now we've got just the one which the mortgage company want. Unless I think somethings on the blink then I'll quickly get the other one!
#12
BE Enthusiast
Thread Starter
Joined: Aug 2012
Location: California
Posts: 353
Re: Nearly bought a house
The inspections always come up with something!!
What you're going to need to decide is who is going to fix them. We got the sellers to do it all - everything was fairly minor stuff so not a problem for us. You might want to negotiate that you will do it and they give you the money. As Pulaski points out, then you are in charge of it and know that any work is done properly. I didn't have the time or inclination to be bothered with it.
Don't forget to ask they pay for a year of home-owners warranty - we were given a $600 allowance for that. Just in case anything goes wrong in the next year. Especially useful when pools and a/c is involved because that can be very expensive to put right.
What you're going to need to decide is who is going to fix them. We got the sellers to do it all - everything was fairly minor stuff so not a problem for us. You might want to negotiate that you will do it and they give you the money. As Pulaski points out, then you are in charge of it and know that any work is done properly. I didn't have the time or inclination to be bothered with it.
Don't forget to ask they pay for a year of home-owners warranty - we were given a $600 allowance for that. Just in case anything goes wrong in the next year. Especially useful when pools and a/c is involved because that can be very expensive to put right.
Last edited by LeavingLondon; Jun 25th 2015 at 2:02 am. Reason: Checked that it was warranty and not insurance