Sunday, March 8, 2015

Post 7.0

03.08.15

We are experiencing very bad weather here in the DC Metropolitan area!!! This is putting a hold up on all things construction.

Here's the update:
  • Lot was selected 01.31.15
  • Purchase Agreement was ratified 02.04.15
  • Initial Down Payment was given to start construction 02.09.15
  • Interior and Exterior selections have been made 02.21.15
Down Payment Assistance funds through the state of Maryland's Triple Play Program have been exhausted. What does this mean to me? It means that we will have to pay the entire 3.5% down for an FHA mortgage and receive the $12,000 closing help from Ryan Homes.

Date to close was initially 06.15.15, but I'm quite sure that will change.

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