Adventures in First Time Homebuying: Part 2

When I last posted about this adventure, we had just found the house we wanted to put an offer on, and were waiting to verify a property line that appeared to intersect the shop/garage on the property.  We have since cleared that issue up!

In the meantime, however, we received the Seller's Disclosure Form, which stated the house belonged to a homeowner's association.  This particular house was the original property on a large chunk of land, which was then subdivided.  Approximately 12 new houses are on the same private road as this house.  They are all beautiful, large homes with meticulously landscaped yards.  Our house is the one that doesn't match the others!  Since it is part of a homeowner's association, there are certain CC&R's (Covenants, Conditions, and Restrictions) that apply to the community.  Our realtor contacted the listing realtor and asked for a copy of the CC&R's, but we have yet to hear back.  We want to go through all of those rules before we make an offer and put earnest money down.

It has been frustrating, to say the least, to have to wait on this listing agent.  Our realtor first contacted the listing agent a week ago, and has not been able to get him/her to respond.  This is the only thing holding up the process!  We would hate to lose this house on something that could so easily be moved along.  We have the pre-approval letter from the bank, an inspector we want to use, our USDA loan paperwork begun, and we are now just playing the waiting game.

We did look at one more house this past weekend, since it was vacant and seemed like a steal of a deal, but what they say is true: if it looks too good to be true, it probably is.  This house was too scary for me to even begin to describe! 

So, here we stand, playing the waiting game.  I'll keep you posted!