We got in the appraisal of the house - it's $50,000 less than the price we agreed to. Talk about an emotional blow! I'm quite suspicious of the appraiser's report since they generally say the property is in good condition and the total estimated market value payable 2010 is $195,700. It did drop from the total estimated market value payable 2009 of $206,500, but I'm guessing that's because of the drastic market drop starting in November 2008.
I'm going to try to talk to the appraiser to bring up these questions and to ask about if they appraised it at this because of general market conditions or because of area-specific conditions (such as the Ford plant closing). There is a possibility we lost the house and I guess I'm prepared for that (after breaking down about an hour-and-a-half ago of course). Wish us luck!
I'm eager to learn more, plain and simple. There are so many aspects of this world that I have no clue about, but am ready and willing to discover. In the meantime, I am enjoying my experiences and finding humor in almost everything I do (yep, I giggle a lot). This blog is a little slice of my twisted sense of humor and varied interests. Enjoy :)
"This is our home, free of human borders and boundaries, a single, integrated whole with a thin ephemeral layer within which life flourishes." - David Suzuki
1 comment:
Let us know if anything changes - things will work out for the best. There are other houses out there - you don't want to start out in the red! PS - Tell Banjo his bones are in the freezer (will send home with Maggie if you aren't coming back up soon) Love Mom
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