Change in Plans

[demonknight316]

Well received a call from my mortgager. As it turns out, the appraisal of the property ended up being at most $280,000. Now remember that I originally agreed to buy this house for $310,000. So what this means now is that the bank will only provide a mortgage as high as $280,000 (b/c with house mortgages, the maximum it can ever be is the value of

Comments

[spooky_electric]

Orlando! AND LET US LIVE WITH YOU :D

[disorted]

Well, at least you can say it was time not wasted...
Plus, the R.E. bubble is due to pop any minute now. I know it already has popped up north, so I say give it a few months... I also remember hearing that the Fed. is gonna lower interst rates any time now, which would work to your favor as a buyer.

Sucks though, to have to wait.

As for sick, you probably got it from someone at Megacon. Blame a random otaku :/

[the_finality]

Cinders is sick too with a sore-throat, so i guess something was going around Megacon. heh.

That sucks about the house though, no house party yet eh? ~.^

[ext_3881]

Sorry to hear you're sick! Not so bad on the house though, you'll either get a better deal, or just have some more time to find an even better match for you. Definitely don't think about paying more than it's appraised :)