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Loan in, Rock and Hard Place acheived

Banker Guy 3 has let us know our loan is approved! We have only to give him a general disbursement schedule and then we can close. This brings us into a sticky situation: we don't want to sign a loan if we are putting money down and may not be able to build. On the other hand, it took us three months for this loan to go through and it's not often that one can find a lender willing to go with a self-built dome home...

So the word of the day is "time-sensitive," as in we need Benevolent Friend to get back with us by friday or we call another attorney whose name we've been given. We can only stall the bank about a week or so before we're going to have to come up with a firm close date, as much as two weeks after that.

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This page contains a single entry from the blog posted on June 6, 2002 2:33 PM.

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