The Last Week (Home Stretch?)

**Originally written May 9, 2015**

This was supposed to be the last week before we (hopefully) close.

The septic tank was placed on Monday passed inspection, and the newest of the water pumps is working well. There are a few other issues that need to be resolved with the house but we can deal with that after we close. With all of this good news, how can there be anything bad to say? Well, as I mentioned in the last post, this house buying experience has been full of chaos.

Part of the problem is needing a new appraisal. Last week, we were told that we needed a new survey (see post) and a new appraisal that was closer to what we are buying. The area where the house is located is very rural so unless the bank is a little flexible we may not have good enough comparable sales to purchase the house. We submitted a new offer to the sellers last week to reflect the new survey - the new survey showed that we lost approximately 2 acres and the barn. The new offer was signed by everyone but was not returned to us until Friday afternoon at 5:30pm. The bank assured us that they would order the new appraisal ASAP but couldn't guarantee a closing the following Friday.

Lance and I went to the area on Wednesday, hoping to close on Friday. After meeting with the attorney on Thursday we waited to hear back from the bank. And we waited. And we waited. By 3 pm Thursday, the attorney cancelled the closing.

We are still waiting to hear back from the bank on whether or not we are approved. In the meantime, I'm trying to get organized using a new binder system (discbound) and we are packing like crazy. Hopefully, we will be unpacking on the farm instead of Suburgatory but only the bank can tell.