Showing posts with label finanacing. Show all posts
Showing posts with label finanacing. Show all posts

Tuesday, January 13, 2009

Getting Ready to Cover Up

They had a city and engineering inspection yesterday on the foundation and everything passed with flying colors. Today they were out finishing the perimeter drainage and sump pump system - we'll have 2, and back-filling. They will cover the basement with gravel, flatten it out, float the drainage pipes on the gravel. They will be ready to do the foundation and garage flatwork probably on Monday!!

We close on our construction loan today, so that will finally be out of the way.

Wayne mentioned that one of his houses may be available to rent if we sell our house before the new house is complete. We plan to put our house on the market on February 1. We just don't know how long it might take to sell. After all the great improvements we've done, I'm afraid that it will sell in the first week. And then again, I'm afraid that it won't sell... Such a game to play. I'm pretty resigned to the fact we'll likely have to move twice unless the buyers would be willing to lease back to us until we are able to move into our new house.

Tuesday, December 16, 2008

Not Today

I talked with Wayne this morning and it is still too cold to start digging again. It is supposed to get up to around 20 today, but it was still below zero last night. Tomorrow is supposed to be slightly warmer, so they are planning to begin again tomorrow.

He will be picking up the building permit today from the city and will let me know tomorrow if/when they get the track hoe out there to start.

We're meeting with the bank this afternoon to talk about permanent loan options - looks like rates may fall here in the near future. And also finalize the construction loan.