Narrative Essay

1277 WordsFeb 4, 20136 Pages
Achieving the American Dream Gentle, Revised Narrative Essay One would think that purchasing your first home would be a very fascinating experience; after all it is one of the most major purchases of your entire life. In America, home ownership ties in with the American Dream and the spirit of working hard to one day earn through hard work a home with a white picket fence. My husband and I felt that it was time for us to reward ourselves for all the hard work we have been putting in over the years by purchasing our first home, which was well overdue. I quickly learned the process of purchasing your first home can be very frustrating and stressful. However, if you survive the home buying process the reward is priceless once you move…show more content…
A short sale can take up to six months to be approved, and I did not have time for that ,because, my existing lease had already expired on my rental home. I begin to work with a realtor who was also an investor. She had a lovely home for sale in a beautiful neighborhood. I extended an offer to her on the home, and she said that she would need to talk it over with her husband. She later contacted me to advise me that she had agreed to accept a cash offer on the home. I continued to look for the perfect home and was not having much success. I soon discovered that the realtor had a new house on the market in the same beautiful neighborhood. I contacted her right away and made an offer on the house. Once she accepted my offer we signed and faxed the contract to the bank right away. The realtor and I both agreed on a closing date which was 45 days from the date we signed the contract. At this point, it was time to make sure that we met all of underwriting guidelines. It was not only important for us to meet all of the bank stipulations but the actual house had to meet bank standards in order for the bank to approve the loan. Shortly, after faxing the contract over to the bank I was contacted by my loan processor, her name was Emily. She told me everything that I needed and I emailed Emily the requirements within 24 hours. The only thing that was pending to my knowledge was the appraisal on the house which I had

More about Narrative Essay

Open Document