Thursday, May 5, 2011

The Happening

Well it has happened.  The past few weeks have been quite interesting to say the least.  First, the appraisal came in low on the house we are building.  BIG Shocker there!!  It actually came in higher than we anticipated at 148,000.  So that is our final out.  However, getting them to agree with our request has been quite difficult to say the least.  After all why wouldn't we want the house that doesn't appraise for the price we decided on, and yet still has many issues to resolve.  The tile was laid, and low and behold it was on the diagonal like we said, only it was tiled in the wrong area!  One of the doors was put on wrong, and yet there is still one of the arched windows that would need to be removed to complete our contract as written.  Long story short, we are done.
Other news that is quite exciting is the fact we placed a contract on the house that we really really like.  The home inspection went beautifully and we were just waiting for everything to clear when low and behold the appraisal came in low.  Seeing as how the appraisers got the brunt of the blame for the financial crisis with housing for overappraising everything, we are now in a time where everything is under appraised to cover their own butts. With the appraisal 10,000 less than what we had anticipated, it has been a whirlwind of negotiations with the seller.  The breaking point came monday when the seller went by the house and the water softener was spewing like old faithful.  Thankfully this happened prior to closing and not right after.  Realizing how close he would be to closing had him reworking the terms of sale along with us being willing to work.  All in all i believe we are both quite happy with the outcome.  So now the fun begins.  We have exactely 1 week to closing and 1 week to moving out of the house.  The only bad thing is that i work the majority of the week for next two weeks.  The lack of sleep will definitely be a precursor to the next few months.  After all we hit the lovely 30 weeks on tuesday.  10 weeks to go but who is counting!!  Anyways off to prep for the next few weeks.  Pics to come of the new house and other things but may be a bit depending on how we get settled. 

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