And how I survived when my loan fell through before closing
Name: Andrea Lawson, 36
City: Madison, Wis.
Year of Home Purchase: 2014
Sale Price: $222,500
Home style: 2006 condo
Profession: Social worker
When Andrea Lawson got a dream job in a new city, she knew exactly where she wanted to live: an urban, walkable neighborhood near her new job in downtown Madison. Though she was hesitant to commit to buying a home before knowing for sure the job and city were the right fit for her, rental prices made buying the smarter financial move.
In just a two-day trip to Madison, she found a place she liked, made an offer, and had it accepted by the seller. All was great until her loan fell through prior to closing.