Tuesday, August 22

Appraisal

According to our "bank man" the Appraisal on the house is scheduled for today or tomorrow. We aren't really concerned that the house will appraise for the amount of the loan, but whether any "repairs needed" will be mentioned. If there are and problems listed, the bank could insist that the repairs be made before closing, which of course would hold up our closing date of next week, Aug 31. This would cause the closing to be rescheduled for a later date which would then cause problems for us in several ways, from our lease with the townhouse we are renting to personal health issues because of the actual move being pushed beyond the end of Sept. It's out of our hands tho, so we will just have to wait and see what happens.

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