We just got word from the escrow company that our purchase of the lot has closed. We are now the proud owners of a pile of dirt, a rickety shack, and a line of credit to build our house. Anyone who has talked with us since we spotted the for-sale sign in our neighborhood last November knows this has been a long and stressful process, and we haven’t even started building yet.
The attorney we were working with at escrow seemed surprised when we told him that this was our first real estate purchase. “You started with a complicated type of loan,” he told us. That’s for sure. I have no doubt the building process will have its own stresses and complications, but, until we break ground on Saturday, we’re just going to relax and enjoy this lull. And, after we go out for a celebratory dinner tonight, we might even stop by our lot and tour our new tar paper shack.