Tuesday, April 28, 2009

We Have A Closing Date!!!! PR #24

After what seems like an eternity of waiting and delay upon delay in trying to get our construction loan opened...we will be closing on our loan on May 7th!!! The appraisal process really held us up...what is normally a 2-week process stretched out to 8 weeks exactly from the day that we submitted our building estimates to today, when our loan officer called and said he had the letter of commitment in his hands. It seems like the appraiser our bank prefers to use had a serious surgery, then got buried under a sea of refinancing appraisals, and I think put us on the "back-burner" for a bit. Thankfully, our loan officer put some pressure on him to get our paperwork finished, or I don't know where we'd be now...still waiting, I suppose.

I dislike having to be the "squeaky wheel," so situations like these put me in a quandry. Although the waiting was difficult and even maddening, at times, God has been faithful to give us the grace to persevere.

Our well contractor called today to check on our status, and we felt comfortable to give him the go-ahead. This afternoon he moved his rig into place and may even dig the well TOMORROW!!! We'll know early tomorrow morning what his plans are. It's raining right now - don't know if that's a deterrent, or not.

As always,
Stay tuned,
Kris

1 comment:

The mom~ster said...

so glad for you...i think that excercises in patience are about as uncomfortable as sit ups...painful but useful i guess