The house is officially ours! From start to finish, the process was completed in 22 days, which is amazing from what I understand.
We ended up only paying $869 in closing costs and received a check for $131 when we went in to sign the closing papers. I didn't have to pay any deposits when I applied for electric, water and garbage pick-up services.
The house payment is only $681 which includes property taxes and insurance with our first payment due April 1st. Out interest rate is locked in at 5.19% with no ballon payments or pre-payment penalties.