Yesterday we signed off the final contingency for the house (that would be financing!!!!) and.........well, it's a go! House settles on Friday July 22nd, so maybe 6 weeks from when we started the process, which is kind of remarkable in this market. Given the debarcle of the last few years getting finance is a little bit of a trial if you don't 100% stack up. Stacking up isn't easy.......not only do you need a substantial deposit, but you have to be able to pay some pretty hefty processing fees AND (this is the kicker) demonstrate 12 months reserves i.e. cash/cash assets that is equal to one year of mortgage payments. I have no idea how young families can buy a house these days!!!!!
Marathon training in full swing and work crazy busy......back soon!
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