appraisal
on tuesday, aug 23, the appraisal came back and was sent to underwriting. it was valued exactly at cost. apparently, with the way the market is right now, appraisers are taking the easy way out and don't intend to stand in the way of willing buyers and sellers. we need to have the paper work done by today to close tomorrow.
also on a sidenote, rates were locked at 5.6% and 8.1% fixed.
will update as more news comes in.
also on a sidenote, rates were locked at 5.6% and 8.1% fixed.
will update as more news comes in.
