Road to Close-New Construction

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Viewing 11 posts - 1 through 11 (of 11 total)
  • Author
    Posts
  • #71916
    Kristijay
    Participant

    My home build is just about complete. COO is expected to be issued this Friday. I wanted to document the final steps from here to close for anyone else as a guide to the timeline. My closing coordinator said that she will order the final appraisal when the COO is issued. Fingers crossed for a smooth completion to my journey.

    #71917
    Damien Smith
    Participant

    Greetings @Kristijay,

    I hope this message finds you doing well! Congratulations on your road to home ownership!

    Damien Smith
    Online Communications, NACA

    #71919
    Kristijay
    Participant

    Thanks!

    #71921
    sneakerz4me
    Participant

    Good luck! I’m about 6months out from build completion

    #71922
    Kristijay
    Participant

    Thanks ?.

    COO was issued this morning after the final inspection was completed by the city. My remaining condition which was for a final apraisal disappeared from my calender conditions shortly after. Now we wait on word of the completed appraisal. The closing date per the builder is set for Oct. 6.

    #71943
    Kristijay
    Participant

    Today the VOR and CR pull and payment was requested. Condition involving completed appraisal report has disappeared.

    #71972
    2BLESSED
    Member

    Sounds like you will be jingling those keys real soon! Congrats!

    #71981
    Kristijay
    Participant

    Thanks @2BLESSED! It’s definitely been a long time coming.

    #72142
    Kristijay
    Participant

    17 days out from issuance of the COO and im still waiting on my CD and CTC. Le sigh

    • This reply was modified 1 year, 10 months ago by Kristijay.
    #72154
    ltooks
    Participant

    @kristijay I am considering new construction. Were you able to get them to contribute to reducing your interest rate?

    #72159
    Kristijay
    Participant

    @Itooks, no I did not. I’m in a seller’s market and was on the wait list just to get a lot. The only concessions that I received was $1000 design center credit for using a core real estate agent.

Viewing 11 posts - 1 through 11 (of 11 total)
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