Friday, May 2, 2008

Appraisal completed and waiting for that magic number!

Well, this old guy came and did our FHA appraisal on our house. He was here MAYBE five minutes total but according to him, that was the easy part. The hard part is doing comps for the area and seeing exactly what our house is worth in this downward spiraling market... We're SO nervous about this!!! If it does not come back at least to $162,700 our contract is blown and we cannot close and will have to re-negotiate the house price and all... Oh PLEASE pray that we get good news soon as we have no clue when we'll find out either!!!! :-(

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