Quote:
Originally Posted by momandwifefromcali
I see. OK. Do you guys have a job there already that you could show to the Loan Officer? And... Did you just go there for a trip and look for houses and before you got back to FL you gave an offer? (I am asking because we are thinking about flying to IL, the 4 of us, dh, me and 2 kids to llok for houses and so. But just for 4 days... I don't know if just I shuold fly and do it or my husband, or the whole family)
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Yes, my husband does have a job there. We needed the offer letter to continue on with the mortgage.
We flew, with a 2 yr old, for the first part of the job interview & to look at homes. My family is all located in the area we are moving, so we knew where we wanted to live & the housing market for that area. I also did a ton of research prior to us flying up there. The job interview process with this company was quite lenghty, and we had to wait about 3 1/2 weeks before we could make an offer. Luckily, we are looking at a slow moving market nearing winter time, so we kept out fingers crossed no other offers would come in.
My husband had to fly back up there last week & the day he received the offer letter we put an offer in on the home. He filled out the Purchase Agreement & I sent an email stating I agreed to the terms. I was on speaker phone with the realtor & my husband for 2 hours doing the agreement (fun with a 2 yr old
). We also have to a 21 day close. After title transfer, we hopefully take possession by Nov. 14.
The next day we went back & forth with negotiations & finally came to an agreement. The seller's agent emailed me the agreement after she got her required signatures, I signed it & faxed it back to my realtor.
I've spent more than a few hours on the phone with the mortgage lender & several emails with him due to comparing rates with other banks, etc. That part was a lot of work b/c I was bound & determined to get the best rate from someone!
We just had the appraisal & inspection done yesterday. Really bummed out we would not be there for the inspection. The inspector emailed us the report & I've talked to him. We will have to add an Inspection Addendum to our offer & that has me on pins & needles.
So, we'll see how that part works out. Hopefully in our favor. If it gets messy, we may be looking for a new home
Regardless, my husband starts his new job Nov. 5, so we will be moving.
It's not easy being so far away & there are some challenges, but due to logistical situations & some other personal situations, this is the way we have to try to go about it all.
I suggest you going with your husband. That way, you both have an idea of what is in that market, the price, the quality, etc. You both can view the homes & rule out the ones that don't work, the ones that do & so on. While it was a challenge & expensive, I am very glad both of us went up there to look at homes.
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we are going to be moving in 2008 from CA to IL. 
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