Option Period - OVER

Well, the option period is done with. We have come to an agreement on price & repairs. The next step is getting through the long process with the bank. I've already done a good amount of shopping for insurance; i think i've found who i want to carry my policy.

The next big step is connecting all the dots; the dots being the title company, the bank, and the insurance company.

Everyone has to get everyone else's name and fax number.

There's a tremendous amount of paper pushing (i would imagine) going on behind the scenes.

One morning recently I heard the current housing numbers; If i remember correctly, they were surprisingly robust compared to speculations. Going through this process i can see how this is easily an economic indicator: so many people involved, so many companies (realtors, inspectors, lawyers, insurance agents, brokers, contractors, loan officers, appriasers...) and they all receive their piece of the pie at closing.

Fees, Fees, Fees..... title writing fee, money wiring fee, lawyer fees, appraisal fee....etc....

So i am being a good American, a good citizen ...