• Eyes on Fire - Blue Foundation
  • Rooster - Alice in Chains
  • Jigsaw Falling into Place - Radiohead
  • Quien Fuera - Silvio Rodriguez
  • La Tortura - Shakira

Wednesday, January 31, 2007

I'm a home owner!!!!

Folks, today I officially entered the hallowed halls of America's favorite pastime - Real Estate. Aparna and I closed on our first home, a 'small' 3 BR 2 BA detached single family home in a clustered subdivision - we bought into a small piece of America.

Since I learnt a great deal of technical jargon during and after the purchase, I'll throw some at you. I've still got a very long way to go.

1. Wrap-around front porch
2. Powder room.
3. Shingles facade
4. Jack n' Jill bathroom

My home allegedly has all of these.

Almost everything went smoothly from identifying the house till the closing. I bought the house from a co-worker going back to India shortly. Interestingly, the previous owner is also from Manhattan Associates.

The only glitch happened when I realized that I needed to make the down payment using a cashier's check instead of a personal check. Unfortunately, my funds were locked up securely in ING Direct which doesn't allow for even remotely speedy transfers. As luck would have it, a couple of friends at work generously pitched in at the last minute and offered cashier's checks from their own local accounts. They saved the day ultimately and I was able to close on time.

My mortgage company was Pentagon Federal Credit Union ( Those of you going for a home loan should consider this lender. They offer very low closing fees because of the fact that they are a federal credit union. They are a bit sluggish though. If you are looking for a 2-week closing, they are not for you.