Setback No. 375: Appraisal
Wednesday, July 23rd, 2008Received a new appraisal yesterday. It’s better, but still short of what we needed to complete the project. For those of you who are unfamiliar with the lending process, here’s how it works:
Banks will loan you a certain amount of money based on the appraised value of your project. To keep it simple, let’s say [...]