Friday, November 07, 2008

that cold black cloud is coming down.

Okay, maybe it is not that dramatic, but I did listen to some Bob Dylan today and that quote came to mind. Julie would say, "Enough with the drama already." Bad News : Some things need done to the house in order for the inspector to give us a green light. Somethings that will cost us quite a bit of money and a lot of time. Somethings that we were going to have done anyway, but on our time and on a budget. Now it must all be done in a few weeks and before we can even close the deal. Basically we have to fix them ourselves while we still don't own the house in order to own the house. Confused? Me too. To sum it up: The house is bank owned and being sold AS IS, if we want the VA appraisal to be a GO, it needs to be up to their standards.. So if we can get early access to fix up these things, then the VA guy will give us a go and approve the appraisal amount and we will close on the house... BUT only after we have already spent our own time and money on a house that we DO NOT yet own. Let's hope nothing goes wrong.

3 comments:

Tammy said...

We just bought our house so I know all about spent money and delays. I also lost a great rate on our loan because of a delay. The VA appraiser we had was no joke. He was very thorough but well worth it. Good luck!

julieann said...

Mandy, things will go just great! Just keep thinking positive thoughts on the matter and it will be over in no time! Hugs:)

shannon said...

Where is your new house?