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Under Contract on a Home!

May 2nd, 2016 at 06:18 pm

Last weekend, we found the house for us and put an offer on it. There were several other interested parties & multiple bids, but we made a competitive offer and we will not have a contingency, so they chose ours!

The house is well maintained and in great condition. We are getting a good deal in a great neighborhood/school district and we are very excited!

Closing is July 15th, which is perfect for us as we will be renting out this house we are currently living in. Lots of to-dos, costs, etc. But we are being frugal & planning accordingly!

That being said, we had our inspection today. The bones of the house are great - a few small issues found in regards to code changes and needing to meet them for sale. Nothing big or costly for the seller, so we are in negotiation.

In preparation of moving out of this house, into the new one, getting this house ready for rent, etc, we reduced our heavy contributions to 401k to have a heavier cash flow for the next 3 months. That pained me SO much. However, its temporary as we are just storing the extra cash. And the plan is to increase it back in August.

6 Responses to “Under Contract on a Home! ”

  1. Kiki Says:

    Congratulations!

  2. creditcardfree Says:

    Congratulations!! Sounds fantastic.

  3. VS_ozgirl Says:

    Congratulations, very happy for you!

  4. MonkeyMama Says:

    Congrats!

  5. Ima saver Says:

    That is wonderful! Congratulations!!

  6. FrugalTexan75 Says:

    Congrats! Having an offer accepted is so exciting!

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