Sunday, July 24, 2011


We know from our mortgage guy, Joe, that the loan application was received and submitted to the lender and that the Appraisal has been scheduled -- but he's not sure when it was for. Might have already been done, for all I know. We'll get the report 2 days after it's completed, according to Joe.

I asked Lorri about the repairs, whether they would be covered by the seller or not. She reminded me that the house was being sold in "as-is" condition, but she said she'd ask. Seller was amenable to including a "credit" towards the purchase price if we would handle the repairs ourselves.

Too bad, though -- the loan officer (I think that's who she is; right now, this person is just a name on an e-mail thread and at the top of the loan application paperwork) responded that no lender would agree to that provision, and that the sellers would either need to cover more of the closing costs (thus reducing our out-of-pocket expenditures) or just give us cash, away from the table.

And so we wait. Tomorrow Naomi gets a wisdom tooth extracted. Couldn't do it last week; she had a massive infection, hence all the pain. And so it goes: it's all about pulling teeth.

And now we're down at the Wishing Well, drinking. Turns out that one of our favorite bartenders, Juan, used to be in the mortgage business, and he's a veritable mine of information. And beer. Information and beer, beer and information. That's what makes the world go 'round.


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