Come Stitch With Me

Home inspection.  Check.
Loan Approval.  Check.
Appraisal.  In progress.

Our realtor relayed the appraiser’s parting comments, “It’s going to be a challenge to find good comps.”  Here’s hoping that the appraiser was able to find some good comps out there to support the sales price.  The local real estate tracking database reported that home prices in my area have risen 15% since last November.  If this is correct, then the house should appraise for more than the agreed upon sales price.  We knew we might have to come off the asking price by about $15,000, but perhaps not.  We know the final figure we need to come away with at the closing table.  It’s up to the realtors to figure out how to make the deal work.

If the appraisal number is correct, then we will be out of this house by July 15th.  The new house might actually be ready in time;  however, a sticking point has been the wet basement that results after a heavy rain.  The house now has all of the flashing, diverters and downspouts in place.  Here’s hoping we do get the forecasted heavy thunderstorm this weekend.  If the basement is dry, then we’re good to go.  I’m not buying a house with a wet basement every time it rains.  I don’t care if I have to live in an apartment for six months while we find another house.

I haven’t posted in a couple of weeks because we listed our current home for sale and received a decent offer within the first week.  The first of 3 contingencies has been completed (the inspection) and we’re waiting on a copy of the inspector’s report with the “minor” things that were found.  (They ALWAYS find something).  I will say that I definitely DID NOT APPRECIATE coming home to find the back doors unlocked, lights left on and things not returned to their rightful places.  They obviously sat at my kitchen table and could not be bothered to push the chairs back in (they were left 3 feet out from the table turned every which way).  The kicker was the bits of tissue paper left everywhere in the house.  The maids had come the previous day and the dog was at the kennel, so the house was SPOTLESS.  I had to go behind with a vacuum and mop to get the crap off the floor.  Perhaps I should send the inspection company the bill for this week’s maid service?  By the way, the issue was reported by my realtor to the home inspection company.  Home inspectors are supposed to take pictures and leave things as they found them – not what I experienced.

Moving day will be July 10th.  The new house is coming along and our fervent hope is that we’ll close on the new house about the same time.  The unknown is the kitchen cabinets.  It’s looking like we’ll probably be in temporary housing for a month.  Never realized how expensive if would be to store stuff for 30 days.