Ugh

Posted on May 24, 2007 - Filed Under Business |

It was my sincerest desire to announce the funding of my loan.

That isn’t going to happen.

Arms raised in victory, I wanted to proclaim that the new houses were officially mine.

That won’t happen either.

The loan did not fund. 

Why? 

I’m glad you asked.  The lender reviewed the housing inspection report and wanted a few items fixed prior to funding.  The items that were selected were actually very minor.  Ceiling light fixture, cracked window . . . . and the major items such as rusted out hot water heater, meth lab, dead body, etc. were ignored.

How these particular items were chosen is beyond me.  Maybe there is some high level scientific method involved.  Roll the dice?  Maybe.  Eenie meenie miney moe?  Probably.  Tack the report on the wall and toss darts at it?  Who knows.  But providence has allowed me to escape having to have major repair-work done prior to closing.

Believe it or nuts the repairs were completed.  Digital photos were sent.  However the lender didn’t believe us.  Their chosen representative, the appraiser, must journey out once again and view the repairs first hand.  Word has reached me that the appraiser has been dispatched to view the premises.

Maybe today the loan will fund.

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Comments

2 Responses to “Ugh”

  1. cat on May 24th, 2007 10:10 am

    Hiya Cliff. Congrats on your new acquisitions. Can’t wait to see what you do with them. Go Cliff, GO! -cat

  2. Clifford on May 24th, 2007 9:19 pm

    Thanks Cat!

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