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Saturday, October 24, 2009

Housing Update

Well, we wish we had more to share for an update on our housing situation, but we are still waiting for documents from the Department of Real Estate as well as from the City of Pasadena.

Since some of you may not know the story of the house, here's a summary:
Noel was reading a flier put out by the City of Pasadena last July. In it, there was a very small paragraph about a company called Heritage Housing Partners (HHP). They are a company that makes housing available to low and moderate income people in Pasadena by utilizing different governmental programs. We decided to apply right before we left for Hawaii (the end of July). The day we returned, we received a phone call saying that we were finalists in the process and we needed to come in for an interview. A few weeks later, we interviewed (late August). A couple of days after the interview, we learned that we were selected and offered the house! Everything happened so quickly and we were quite overwhelmed, but excited by the news! Since then, we have been waiting for a final version of the purchasing contract to be ready for signing. This was supposed to be ready mid-September, but there have been many hold-ups from the different agencies involved. When we were offered the house, HHP said they hope everyone will close by November 30. We are still aiming for that date, but we're starting to think it may not happen.

The house is a very small 2 bedroom bungalow in a fantastic neighborhood. We are still hoping that everything works out in terms of the final cost and that we are able to close in time for the tax rebate offered this year.

We'll let you know once things become more final!

(If you click on the HHP link, we are part of the "Haskett Court Project". It's a community of 6 historic bungalows that are being restored.)

1 comment:

amberWIRE said...

Noel and Heidi! I just checked out the Haskett Court website and video - those bungalows are so awesome! I'm really excited for you!! Good thing you're going for the 2 bedroom so Ryan and I can come to visit!