Appraised and approved!

So the appraisal was spot on, thanks for not going through the same appraiser as last time. Seems like a crap shoot sometimes, but it worked out this once. The bank contacted my apartment management firm and they told them I haven't missed any payments in the last year. Something you should remember if you're planning on getting a house loan. This was something new that the previous bank didn't do before approving the loan.

There was an importance that the apartment's landlord was a company and not a person. I'm not sure what the difference means, but the banks prefer to deal with a company not an individual. I'm guessing that they might want to confirm that the landlord is trust worthy.

So I'll be going to the loan agent's office next week to sign a bunch of papers. After that i'll have a week or so to gather up all of my funds into one place so I can write a big check for the down payment. I'm going to have to assume they'll accept a wire, so I'll be able to go to my bank and send a wire transfer, being that I've gone digital money transfers for the last several years and I haven't even seen my physical check book for years. (So far that's worked out fine.)

So if all goes well, I'll be handed a set of keys on the 7th. Sooo, I've told my apartment management that I'll be leaving. I'll still have to pay an additional month of rent + the rent for next month as per the terms of my lease agreement on the apartment. And I've scheduled a full service mover to box up all my stuff and drag it to the new loft on the 8th. Yay!

Also, I'll be a lot further away from work than I am compared to my apartment. So I'll be getting an electric bike to help ease my commute. The Stromer! from electricwheelswest is going to be where I go. They're cool. Really really cool.