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Dance of joy!

April 19th, 2009 at 09:17 am

Most of you know that my husband was building a very large spec home (4800 square feet) for another couple and the home got foreclosed on. The bank took the house back and then hired my husband to finish it. (He was only two months away from finishing it)
He had to sign a contract and was told he could get draws when he submitted bills on how much work was completed.
Well, he submitted his first bill on april 10th after we had over $15,000 of our money in the project.
By now, we have over $20,000 in the house (buying appliances, sinks, toilets, light fixtures, quartz countertops, etc.), so I was getting a little antzy! I have never dealt with a bank before.
Yesterday, I was so happy to see that the bank had deposited almost $15,000 into my checking account for the first draw. I feel so much better now!

I did my grocery shopping today and saved $8 using my advantage card. I will happily add that to my challenge money.
Prev. total $5942.00
today 8.00
new total $5950.00

7 Responses to “Dance of joy!”

  1. creditcardfree Says:

    I feel your sigh of relief from here. That would have made me anxious too!

  2. Lady T Says:

    WHEW!!!

  3. gamecock43 Says:

    glad its working out for you!

  4. lizajane Says:

    I would have been sick worried about it!

  5. scfr Says:

    That is great! So glad to hear that, after the major setback, things are going so well now.

  6. Petunia Says:

    Whew! Glad that worked out well for you.

  7. frugaltexan75 Says:

    I'm glad the bank is honoring its agreement. That would be a lot of money to be out.

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