We have a contract on our house. There is, of course, a hangup. The buyer wants a 100% VA loan. That means that the VA will have their own inspector/valuation specialist evaluate the house. If they think the house is worth what we are asking, then he gets the loan. If they don't think the house is worth it, he doesn't. So we'll just have to see how it appraises. The problem is that there are so few comparable sales that it's tough to value it. Bottom line, more waiting.
It was pretty overcast in Florida today. Took this photo out where there is a way out to the Gulf. It is low tide so the barrier islands are more obvious than usual. Even though it isn't nice, people are out collecting shells. Have a good one.
Friday, June 27, 2008
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