So rewind a little, I went to a financial planner at the credit union with intentions of making a savings plan for a mortgage. He informed me I could get one now. So I set to bidding on houses in Portland with a small down payment in a market where houses are going for 10% over list. We bid on 3 houses. The first we really liked, the 2nd two we could take or leave, and the 4th we really liked. We got the call saying we got the 4th house.
I set about filling out all the initial paperwork and my mortgage broker informs me, at 2pm that that because I bid on a manufactured house I need 20 more points on my credit. I called my real estate agent who informed me that if our financing fell through we are required by law to inform the seller by 5pm. Fearful I would lose the house, I set off to the credit union to see another mortgage specialist. They sent me to the main branch the next city over, and they told me they could do nothing. So now it is 3:45pm and I have no mortgage. My agent suggests calling a broker he had worked with.
Mike had decided that he was going to leave on time that day to be home with his kids, and he stopped taking calls at 11am to work on a big project. He said to me "I don't know why but I just picked up the phone when you called. You were the first call I took all day." He set me up with a mortgage. Their requirements were lower, and their interest rates were better. They are also a local bank that does not sell off their mortgages, so that helps. At 5:03 I had my mortgage.
So we set about the process of inspection, only to discover the previous owner never had the structure anchored to the foundation. They paid an engineer to come out, attach it and certify the structure. There was an issue with the sewer. Thankfully I paid the $150 for the scope and the seller had to foot the $9,000 repair bill.
So blah blah blah the rest went great. We moved in Saturday. We absolutely love it here. It's amazing how much more rewarding working on a house it when it is yours. I have already met my neighbor and we get along great. She is on board with my plans to improve the property. I've spent the last few days outside working all day. It feels great. It's been such a stressful mess dealing with this, My Dad, and my Mother's parents. However it's nice and relaxing to sit in my own house and sleep. I think it makes up for it.
Despite most houses in the area going for 10% over list. No one wanted to overbid cause it is a 'manufactured' house. Like I give a crap. I saved $40k vs a smaller house with a smaller garage 2 blocks away. I'm quite happy. 
