Tuesday, December 4, 2007

Appraisal a go-go

We got the appraisal back and all looks good minus some paint issues that FHA requires to be dealt with - mostly concerns about lead paint. So we need to put an additional few hundred at closing into the escrow account to cover the money we'll need to paint the one side of the house and the garage. The inspector originally thought that the seller probably rotated painting sides of the house every few years and it was most likely time to paint the one side before she died so it's peeling a bit. We think it will be a good opportunity for us to learn how to paint the outside of a house -- at least until we figure out, long term, about colors, etc. for the exterior (you'll notice it's just white now).

So, inching closer to the closing...phew!

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