In one weekend Shon and I removed everything that took us seven years to accumulate and store in our basement. Monday night, small sledge hammer in hand, Shon began demolition.
I took a few swings and boy did it feel good!
Even though our loan processing will probably take about 40 days to complete, we decided that since we’re pre-qualified, and there is a high chance we’ll receive the loan, we’d better get a start on the demo so our contractor can begin the minute we close on the loan.
This loan is a FHA 203K. The great thing about the loan is the paperwork includes a lot of protection for both the homeowner and the contractors. However, because it is a federal loan, it will take about 40 days before we can close. We’re working with our good friend, Craig Markhardt with Advana Mortgage. Since we’ve worked with him before, the process is pretty painless – and he puts up with me checking in with him frequently.
Now that there is nothing in our basement and the random walls are coming down, it is much easier to envision what the finished space will look like. Also, the enormity of the project becomes more of a reality. Since we’re doing the demo, removing the paint from the granite walls and concrete floor ourselves to save money, both of us recognize we won’t have much free time for a few months.
If you have any tips on paint removal, send them my way!