Monday, May 19, 2008
Sunday, May 18, 2008
Only in Soap Opera
So the saga continues. We got word from our bank that the house isn't worth what the negotiated price is. Fun fun. Everyone seems to think the pendulum is swinging the other day and the appraisers are undervaluating the houses to make up for lost times. Oh well, here's to hopefully getting this done this year!!
Nam
Nam
Wednesday, May 14, 2008
House Situation, Continued
We had our housing inspection on Thursday. Everything went very well and the inspector was quite positive about the overall condition of the house. Just a few minor things we'll need to take care of once we move in. Because it's a short sale it is an "as is" property, so we can't ask for anything to be repaired. Hopefully we'll be moving soon!
Wednesday, May 7, 2008
House?
The drama continues... By now most of you know that we heard from the sellers bank (remember, this is a short sale so it requires 3d party approval from the bank that holds the sellers mortgages). Last Wednesday they verbally approved our offer and said they'd send over the written approval later that day. Typical of this sale, yesterday morning our agent had to call over to the sellers agents to see if they'd received the written 3d party approval yet. No, they hadn't, but they assured her they'd be getting it later in the day. We decided that was good enough and our agent has scheduled a home inspection for this week and contacted our mortgage lender. Of course, we still have no closing date, but at least things are moving along...
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