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International Bon Vivant and Raconteur

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Homeowners! [Mar. 17th, 2011|02:33 pm]
International Bon Vivant and Raconteur
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We're buying a home!

Only a very small few of you knew this already, but for the past six months or so, Alexa and I have been trying to buy a condo in Crown Heights. It's to be our first home together, not to mention the first homeowning experience for both of us. We originally saw it at an open house the Friday of Labor Day Weekend, this lovely, sunny 1.5-bedroom on the top floor that was somehow, miraculously, below our already miniscule budget while also not being in a shitty part of town, and no joke, we've been trying to buy the damn thing ever since.

Unless you're a homeowner yourself, you have no idea how much paperwork, hurry-up-and-wait, frustration, rage, and heartbreak goes into the purchase of a home. Seriously, buying your own home makes the hoops you have to jump through to rent one look like a kindergarten game of Simon Says.

After our original mortgage provider bailed on us for reasons that had nothing to do with our finances and everything to do with arcane Fannie Mae regulations they should have known about from the start, thereby wasting months and months of our time, we decided to go with the building's preferred mortgage provider, whose rates weren't quite as good and who didn't offer as many tempting perks. They were, however, eager to work with us without wasting our time.

So, after three months of additional paperwork, signed letters from CPAs, tax returns, bank statements, pay stubs, gift letters, and ridiculously invasive questions about my and Alexa's relationship and our intentions for the future (I'm not even kidding), today we learned that our mortgage loan has finally been approved. We're going to be homeowners!

I'm very, very excited! Also, after six months of this, to finally have a yes is such a relief that I hardly know how to process it yet. Now all we have to do is set up our homeowners insurance, set a closing date, and move, and we can finally begin our lives together under the same roof. Oh, and then get married!
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Comments:
[User Picture]From: burger_eater
2011-03-17 06:51 pm (UTC)
Yay! Congrats and good luck!
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[User Picture]From: nick_kaufmann
2011-03-17 06:54 pm (UTC)
Thanks! The crazy thing is, people have been telling me that six months isn't all that unusual a timeframe for buying a place. I guess I'm so used to renting, which results in practically immediate occupancy, that all these months of hurry-up-and-wait took me by surprise.
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[User Picture]From: leethomas
2011-03-17 07:21 pm (UTC)
Yay! Congratulations! New York is obviously a beast of its own. When I bought my condo in Denver it took a couple of months from viewing to moving. As for Austin, I was at WHC in Salt Lake when John found the place and we'd moved in around May, so that happened way fast.

Glad you got things squared away, and the pictures you showed a while back make the place look awesome!

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[User Picture]From: nick_kaufmann
2011-03-17 07:29 pm (UTC)
Yeah, New York real estate is its own special hell. I couldn't be happier, though.
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[User Picture]From: angielabrie
2011-03-17 08:16 pm (UTC)
HUZZAH! I cannot imagine the red tape you had to go through being in NYC! I remember talking to a friend about how different and beastly it was from buying a home, say, anywhere else and that it's a headache of a process for those who live in the city-you brave man, you! Congrats on both your new abode and your upcoming nuptials!
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[User Picture]From: nick_kaufmann
2011-03-17 08:23 pm (UTC)
Thank you! New York real estate is insane.
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[User Picture]From: mssrcrankypants
2011-03-17 08:27 pm (UTC)
At last! That's fantastic news. Our recent purchase was nowhere near as harrowing but almost equally invasive. I'm glad you finally got it, though. Congratulations!
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[User Picture]From: nick_kaufmann
2011-03-17 08:52 pm (UTC)
Thanks, I'm glad we finally got it too. Of course, in your neck of the woods we probably could have gotten something twice as big!
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[User Picture]From: asphodeline
2011-03-17 08:45 pm (UTC)
I usually just read and lurk!! Congratulations and good luck, all sounding very exciting and romantic :)
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[User Picture]From: nick_kaufmann
2011-03-17 08:52 pm (UTC)
Thank you!
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[User Picture]From: rosefox
2011-03-17 09:06 pm (UTC)
Aw, you're all grown up! Congrats!
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[User Picture]From: nick_kaufmann
2011-03-17 09:18 pm (UTC)
Thanks!
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[User Picture]From: penmage
2011-03-18 03:01 am (UTC)
Congratulations, how exciting!
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[User Picture]From: nick_kaufmann
2011-03-18 03:43 am (UTC)
Thank you!
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[User Picture]From: Richard Larson
2011-03-18 04:13 pm (UTC)

congratulations!

That's so awesome. Also, we're neighbors! I'm over on Washington Avenue. Have you already been living in the neighborhood? Hope to see you around in the many awesome cafes and bars. :)
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[User Picture]From: nick_kaufmann
2011-03-18 04:29 pm (UTC)

Re: congratulations!

Wow, cool! My fiancée is in Crown Heights now, but I'm closer to Carroll Gardens. Soon we will all be Crown Heightsers!
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[User Picture]From: ellen_datlow
2011-03-18 09:33 pm (UTC)
Congratulations!
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[User Picture]From: nick_kaufmann
2011-03-18 09:51 pm (UTC)
Thanks!
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[User Picture]From: redredrage
2011-03-19 03:43 am (UTC)
Sounds like the start of something amazing, my friend. Good for you.
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[User Picture]From: nick_kaufmann
2011-03-19 02:08 pm (UTC)
Thanks, Jim!
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[User Picture]From: catsparx
2011-03-20 07:06 pm (UTC)
Congratulations to you both. No mean feat -- we went through a nightmare of our own 10 or so years back to secure this place. Almost couldn't get insurance because of potential flood risk. Which seemed a little harsh considering the entire city we live in is situated on a flood plain!
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[User Picture]From: nick_kaufmann
2011-03-21 03:02 am (UTC)
Yikes! Glad you pulled through, and glad we did too!
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