Saturday, March 3, 2012
Tick Tock
We are currently caught in a waiting game. We signed our contract on Monday and thought we'd hear back with the official word of, "Yes! You're good to go!" But we will not hear from the bank until Tuesday. Our neighborhood is slightly more complicated than others since Ryan is purchasing lots from another developer that stopped building in the neighboorhood a few years back. I'm pretty sure the original developing company had money issues with the housing crisis 3 years ago. Now we must wait to get the final approval for our contract. In the meantime, we are still scheduled to meet with the mortgage company tomorrow morning and the flooring people on Wednesday. Hoping Tuesday brings great news!
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We also had different builders in our community, both the builders that were here previously went out of business. Our sales rep says that many builders are sharing developments because its cost effective.Ryan is a builder that doesnt keep inventory homes anymore, this cuts costs and insures that if there is a drop in sales they dont get stuck. It takes longer to get in a home, but the upside is you get to create your vision for a home. Good luck and we look forward to following your progress.
ReplyDeleteGlad to hear/know we are not alone! I'm sure we'll be fine and we'll hear good news this week, but this is really testing my patience. This is just the first chapter in the "book" of building! Hope to have good news soon!
DeleteI'll be waiting for a while for my townhome - they won't build until they sell the rest of the units (4 more to go!) so I'm looking at Aug-Oct.
ReplyDeleteI just started my blog here - glad to find someone who's starting the process around the same time!
http://home-sweet-townhome.blogspot.com/
Yes! I found other blogs to be really helpful & wanted to do the same for others thinking about building...Good luck to you! Love the exterior of the units!
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