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Update on the house front
Dec. 14th, 2011 11:46 amWell, the house buying and selling drags on, although the end should be in sight.
The bank that owns the house we want took longer than it should have to get the signed contract back to us. However, that has been done. An appraiser looked at our current house today and promises a report in the hand of our bank by Friday. It may be possible that we sign the paperwork to refinance our home equity loan on Friday that will give us the cash Right Now to go to settlement on the new house. Before Christmas. Perhaps Monday or Tuesday. Please!
Meanwhile, the buyers are being a bit goofy. They have to show the existence of the cash to go to settlement, but the money disappeared from the account it was shown in earlier. WTF? It is conceivable that they could be ready to settle before Christmas, but at worst they have until the 30th or else.
On the "excitement" front, after the deluge (what's a cubit?), the crawl space was flooded. Fortunately, that was because the circuit breaker for the sump pump was turned off. Oops. An hour and a half to two hours later, the sump pump ran out of water to pump. That's a relief.
So, we still have hope to own a new house by Christmas, but it will be close.
The bank that owns the house we want took longer than it should have to get the signed contract back to us. However, that has been done. An appraiser looked at our current house today and promises a report in the hand of our bank by Friday. It may be possible that we sign the paperwork to refinance our home equity loan on Friday that will give us the cash Right Now to go to settlement on the new house. Before Christmas. Perhaps Monday or Tuesday. Please!
Meanwhile, the buyers are being a bit goofy. They have to show the existence of the cash to go to settlement, but the money disappeared from the account it was shown in earlier. WTF? It is conceivable that they could be ready to settle before Christmas, but at worst they have until the 30th or else.
On the "excitement" front, after the deluge (what's a cubit?), the crawl space was flooded. Fortunately, that was because the circuit breaker for the sump pump was turned off. Oops. An hour and a half to two hours later, the sump pump ran out of water to pump. That's a relief.
So, we still have hope to own a new house by Christmas, but it will be close.
