Appraiser Report

We got a copy of the Appraisers report for the mortgage inspection this week.  Because the bank had hired the appraiser, we had to get the report from our broker.  Thank goodness for E-Mail and PDF Documents.

It was kind of fun to read through.  The appraiser took lots of photos.  Nothing looked different from when we are there.  And, amazingly enough, the appraisal value is the exact same as the purchase price.

Throughout the report, the appraiser mentioned the loud colors on the wall and multicolored, and in some cases, pealing wallpaper in the kitchen and bathrooms.  He also mentioned that while the house was in marginal shape because of a lot of differed maintenance.  Both of these factors contributed to the lower than normal price point.

After reading the report, we talked with the mortgage broker.  Everything is so far so good and we are good to go except for a survey of the property lines.  This has to be done to satisfy the bank.  We got that scheduled for next week and no escort is going to be required.  (Not sure why NOW there is no escort required, but am not complaining.)

We are supposed to close a week from next Tuesday, but no one has heard from the title company about the paperwork.  Hopefully they can get the paperwork done in time.

Is it just me, or is the word hopefully being used a lot.  Am not one to be relying on others to get things done for me so I guess the waiting game is just getting old.  But it should all come out in the end and then we can start the renovation process.  I wonder how many coats of paint it will take to cover the red and silver bedroom.  Guess time will tell, hopefully.