Red Tape

Yesterday was not good.  We are supposed to close on our new house Monday at 9am.  Everything is packed, and people are moving into OUR house next week.  We have 4 contractors scheduled to show up Monday morning at our new house....but this won't be happening.  

Apparently, the appraisal of our new house is in "quality control".  I didn't know what this meant until yesterday.  Everything was a go, the appraisal was done, but on Friday the bank decided that they didn't like the comps the appraiser used on our new house.  "There were not enough comps in close proximity."  Problem is you can't make up comps that don't exist.  The floorplan and square footage of our new house only matches 3 other houses in our neighborhood.  And guess what, they haven't been on the market in recent years, so there is nothing to compare!

It's so hard to explain because even I don't understand it.  All I know is that we are not closing Monday....and our broker cannot even tell us when we will close.  Could be Tuesday, could be 2 weeks from now.  Except remember that everything is packed, movers are scheduled and we have to be out of our house by Thursday.  

I know that this does not measure high on the 'World's Richter Scale of Problems", but to us at this moment, it's a huge stress.  I am trying  my best to just release it to God because, obviously, there is nothing I can do about it and he already knows what will come out of this.   It's easier said than done, but I am trying.