Home Sweet Home Update…

Well… The house has been inspected, passed with flying colors, and we are now waiting on the results of the lead paint test. Hopefully it will be fine. We are also trying to smooth over one of the inevitable bumps in the road that all home purchases seem to have… One of the three mortgage companies we’re working with is bellyaching about the home not being worth the amount the loan amounts to, and he say that will cause us problems with any lender when we try to close the deal. I understand his caution, but what is frustrating me the most is the fact that ALL he has been looking at is what other homes in the area have sold for, and hasn’t had an actual appraisor go look at the house. This home isn’t the same as all the other homes in the area, since it has a pool, as well as being in great condition. We have been informally told that the home is worth more than we are paying for it, told him this, and that FINALLY has him calling for a formal appraisal. So, now it looks like we’ll have to have the home appraised, then we can get this concern addressed, and move past it. *sigh*

I just want this all to be over, have the deal closed, so I can then begin to plan the move into our new home. Is that too much to ask for? I don’t think it is! I just wish everyone would move on this all a little faster.

August 28th, 2006 Posted by: Ash

Entry Filed under: Ash