No, I didn't forget about this blog. After my last post stating that our 2nd appraisal had come through and we should close soon, we hit another snag. Thought I'd best leave this alone til we got it all settled. Yet another wild turn on the rollercoaster that has been purchasing this farm -- we could't get a PMI company to sign off on the loan. The loan itself was no problem but the PMI portion was an issue. Back to Farm Credit to go through them to get the full loan as they require less down without PMI than traditional lenders. BIG issue there as it turned out while the financials were ok and within the Farm Credit lending standards, their underwriter "felt" we'd be too stretched and denied the loan. Finally worked it out with Envoy Mortgage and the seller.
But it's done -- the farm is ours!! We spent our first night there last night, among all the boxes! Phoebe the cat was NOT amused to be put into the cage in the car to transport -- I swear she was meowing 4-letter words to us as we drove the last load yesterday from Cottage to the farm. Reilly and Gypsy arrived on the previous load and while happy to be with us, Reilly was a bit unnerved all evening at the change in his surroundings -- on top of the hard wood floors that he now has to traverse. He did seem better this morning though.
So it REALLY begins... the adventure of being farmers, homesteaders, whatever you call it. We officially own 3.788 acres with a nice house and huge barn! We have a contact for getting some laying hens in the very near future and the potential of a jersey cow of our very own! The To-Do List is long and will I'm quite sure never end but that's ok as it is fully expected and for some reason doesn't seem as daunting. I think it's because we all WANT to live here and feel like this really is our home and not a temporary location until something better happens. The kids are THRILLED to have their own rooms. we're all thrilled with the additional space.
Heads up -- house warming party Friday, September 3rd (the friday of Labor Day weekend). Bonfire, official opening of Serenity Valley Farm as well as Kookyduke's (our bar in the barn)... come see the place, hang out, whatever!