May 19, 2013

Rules and regulations

This post is going to be a rant, if you don't want to read it I suggest you stop now. 

For those of you that don't mind here is what is going on in my life right now. My husband and I have been approved for a VA Loan, we have looked at over 30 houses and have been beat out by other offers three times now. We have found a house we love and it needs a lot of work. However we are completely willing to do all the work and are ready to pay full asking price and accept this house as-is. Due to restrictions from the approval process during VA appraisal it will never pass the inspection.

I am beyond frustrated right now. I understand that the VA is trying to do a service for our military families  to provide safe housing but I would think if you are knowingly willing to complete any unfinished work or repair you know what your getting into. 

I am trying very hard to look at this as a sign from God that this is not the right house for us. But the way the housing market is going and how fast "move in ready" houses are going, we are going to end up paying a lot more then we want. With that said, we are continuing to look at more houses today.  I pray that I will go into each house with a clear and level head and move on from the ones we will never get. I pray for confidence on our decisions and peace when we find the one god has in his will for us.

Aside from trying to find our new home, my husband is working three hours away during the week (at least he is working) and my son is going through some pretty wicked tantrums right now. I am not sure if my patience has ever been tested so much at once.


1 comment:

  1. Hi Kristen,
    I came across your blog because I am a realtor in Virginia and I am trying to SELL a house here that would be PERFECT for urban homesteading. And, coincidentally, my tag-line is Living The Dream, which I use all the time as a hash-tag on twitter. You are right, the VA doesn't want to guarantee a loan when there is a risk and they consider "fixer-uppers" a risk. It's too bad. I assume you don't want to go conventional because of the down-payment. Tough situation. Well, I just wanted to commiserate with you and say that your rant was really not a rant at all. It was written in a very calm and logical manner. I've seen a lot worse! If you know of anyone who wants to buy a great house in Williamsburg VA, let me know!