|photo courtesy of photobucket.com|
"Gary" the appraiser FINALLY submitted the appraisal report at approximately 8:45am this morning. Our loan officer immediately sent it to the underwriting department marked EXTREMELY URGENT. She has also talked with the person handling our contracts and that person has agreed to make ours a top priority. So, we are now waiting, yet again, this time for an approval from underwriting. An approval this afternoon would be optimal, but realistically tomorrow afternoon is most likely.
Everyone is really under a time crunch with this deal. We are currently operating within the automatic 15 day extension period on the buy/sell contract. The seller is so frustrated that, at this moment, she is unwilling to agree to any additional contract extensions for the closing. Our deadline for closing on this property is 5:00pm, Monday, August 22, 2011. We, our realtor, the seller's realtor and our loan officer have done everything that can possibly be done in advance to get this sell to closing before the contract deadline.
So, I find myself asking you dear readers for additional prayers. Our prayer is that everyone involved, from this moment forward, understands the urgency of this transaction and works diligently to complete and submit their portions of this transaction so that we close on our new home BEFORE the deadline.
I look forward to reporting, with a shout of praise, that our Lord moved the mountain! This time next week, I look forward to sharing the good news with you - that our family is packing up and moving to our new home.
Thank you all for your continued prayers.