Comments on: Closing on my house http://www.penny-saved.com/2007/09/26/closing-on-my-house/ Personal Finance and Wealth by the Penny Fri, 25 Jul 2008 09:58:11 +0000 http://wordpress.org/?v=2.6 By: BuildandSucceed http://www.penny-saved.com/2007/09/26/closing-on-my-house/#comment-4264 BuildandSucceed Thu, 27 Sep 2007 03:17:46 +0000 http://www.penny-saved.com/2007/09/26/closing-on-my-house/#comment-4264 Congratulations! Good luck with the whole process. Very impressive how you bought with so little money down. Let us know how it all goes. :) Congratulations! Good luck with the whole process.

Very impressive how you bought with so little money down. Let us know how it all goes. :)

]]> By: Penny Saved http://www.penny-saved.com/2007/09/26/closing-on-my-house/#comment-4252 Penny Saved Wed, 26 Sep 2007 22:36:58 +0000 http://www.penny-saved.com/2007/09/26/closing-on-my-house/#comment-4252 Yep, self employed folks face a bit more paperwork - I imagine they want all kinds of fun stuff to prove your income. I didn't even bother including my business in my income - I qualified without it and didn't want to make it any harder than it needed to be. I decided not to put any money down, except for the $1500 earnest money. I know money down is a good idea, but there are a few things I'll need to buy right away ( fridge, etc ), so I'd rather preserve my cash for that. Yep, self employed folks face a bit more paperwork - I imagine they want all kinds of fun stuff to prove your income. I didn’t even bother including my business in my income - I qualified without it and didn’t want to make it any harder than it needed to be.

I decided not to put any money down, except for the $1500 earnest money. I know money down is a good idea, but there are a few things I’ll need to buy right away ( fridge, etc ), so I’d rather preserve my cash for that.

]]> By: Amber Yount http://www.penny-saved.com/2007/09/26/closing-on-my-house/#comment-4250 Amber Yount Wed, 26 Sep 2007 21:32:13 +0000 http://www.penny-saved.com/2007/09/26/closing-on-my-house/#comment-4250 Congrats! We're also trying to buy our first home, but its a bit more difficult for us because we're self-employed. Did you have a downpayment? Congrats! We’re also trying to buy our first home, but its a bit more difficult for us because we’re self-employed. Did you have a downpayment?

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