Unit 8:
During this semester, I have moved twice. The first move was into a rent home and the second move is to a house that my wife and I are buying. This is a very exciting time for us, but the stresses of buying a new home can be daunting. We are purchasing our new house using an FHA loan in which we will only have to front 3.5% of the overall house value. However, because of all the recent foreclosures and the state of our economy, FHA is getting tough on who they loan to. Case in point, is that FHA will be monitoring our bank account until we close on our new home :/...kind of scary. I cannot wait until this process is over and we are finally settled! It feels like we have been moving for the last year!
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