I Have Sold My House! Yikes!

So we put our house on the market on Friday June 19 and we got a contract on Thursday June 25 - $11,000 over asking price after just 6 days on the market!  We are excited, but now I really need Ryan Homes to hurry up and give us a start date for the construction of our new house.  But I am happy that the house has sold and we will have the money to close on our new house if and when our house ever gets built.

House of Cards?!

So today is June 19 and we signed our purchase and sale agreement on May 1 and according to the agreement we should have had a loan approval decision within 45 days of signing the agreement.  We do not have a loan approval yet, in fact I'm not even sure if the loan has gone to underwriting.  We gave everything we were asked to give to the loan processor at the end of May, so at this point I do not know where things stand.  I am trying to go with a no news is good news mantra, but I'm getting a little concerned with the lack of information.

As I reported earlier we received a ratified contract from Ryan Homes in early June, and since then we received an addendum increasing the price after our Guardian appointment, but we have not received an addendum increasing the price after our selection appointment.  Our sales rep says she is waiting for it.  That was a week ago.  So I'm starting to get concerned about that.  But again, I guess no news is good news.

One thing is clear right now I don't think construction will start on our house in July as we were told back in May.  At this rate we'll be lucky if it starts before the end of the summer.  Meanwhile our house officially went on the market today.  I'm not sure if I hope it sells quickly, or if I hope it takes a little time given that we are looking at being in an apartment for several months while we wait for the house to be built.

So lots up in the air

Summer Sale

We met with a real estate agent to sign listing papers and talk about when we are putting our house on the market.  I have been working on getting our house in order to sell since May and coordinating contractors, decluttering and organizing feel like never-ending and overwhelming tasks.  But at this point I see the end in sight and a for-sale sign in front of the house in the next week.

I'm not worried about us being able to sell our house in DC.  It is the age old adage of location, location, location - and right now DC is a hot location.  That being said since we have signed our life away to Ryan Homes, so I am pretty anxious to get our house on the market and sold so that I can check that off of my to-do list and I can relax knowing that we will be ready to close.

We Have A Ratified Contract

Today we received our ratified purchase and sale contract from Ryan Homes.  We signed the purchase and sale contract on May 1, but until today we had not received the contract back signed by Ryan Homes.  In the e-mail that they sent they said we can expect to hear from the Project Manager soon.  I am really excited about that.  I am hopeful that they will start building our house in July, so this gets us one step closer.