After watching "Inside Job" the movie about the collapse of the banks in 2008 I'm a bit worried about the appraisal. Considering how loose the banks were and how they gave out predatory mortgages so often I'm wondering if they're more strict these days.
Or, maybe they're even worse, who knows.
Anyway, I have to wait for the the bank's appraiser person to finish writing his report and I'll get it via email sometime today, so I'm told.
Hope everything works out, otherwise it looks like I'll have to wait for a while to find a house. The end of the season is coming and I'll have to wait till more houses are available on the market. And on top of that, it's starting to feel like a lot of the places I was looking at earlier were in the low 500s, now everything seems to be in the low 600s. The market is feeling like it's getting hot.
If this keeps up I'll be out of luck and I'll have to get a house that's really not that great for the money.
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