On the Road Again...

This week has been a busy one.

Joshua's boss gave Josh the "go ahead" to move to Austin so we are looking for him a place to live.

I can't tell you how excited Joshua is to get settled.

I have been back and forth to Austin twice this week looking at houses with Josh in the evenings. We thought we found the perfect place. It is a condo but not in the traditional sense. It is more of a townhouse with a little back yard for the dogs. The problem is FHA is not loaning on condos so he has to have more of a down payment. It was about 8 months ago financing on condos was no problem but with the wonderful world of financing right now the lender will no longer do traditional financing because they can't resale the loan on the secondary market.

We are back to square one.

If the builder had been wise they would have declared the units townhouses and they would have qualified for traditional financing but in all their infinite wisdom the builder had the development recorded as a condo community.

Right now he is bunking at his sister and brother-in-law's house in Cedar Park during the week. Kimberly and Mark have been great to let him stay temporarily but Josh needs and wants a place of his own as soon as possible.

We know it would be quicker to find him a place to rent but with the $8000 first time home buyers tax money available, interest rates being low and home prices being low it is a great time for Josh to buy. If he locks himself into a lease then he will miss the opportunity to receive the $8000 refund.

So for the coming weeks, I will be preparing for my clients pending closings (everything is already at the title companies so all we need is the lender docs) and driving back and forth to Austin as time permits and hopefully find something perfect for Joshua and his 2 dogs.

So for now I'm....on the road again.