Tuesday, April 27, 2010

April 27 Appraisal info

Barb and Ed - A call was received today from an appraisal firm that the bank requested. He had several construction questions for us. Appraisal paperwork could be turned in as early as tomorrow.

April 22 - Bank loan info

Barb and Ed - We met with a Marshalltown bank today to complete the paperwork on a construction loan. We hope that the steps from here go smoothly so that we receive approval and construction can start soon afterward.

Thursday, April 22, 2010

March 29 - Lot purchase

Barb and Ed - we signed the paperwork to acquire the 3/4 acre lot in Cross Country Estates for our future home. We met with Larry and Marlene Kester to complete the legal transaction. We officially own a pile of dirt - for the immediate future! The lot is nicely situated on the southwest side of the development and backs onto fields, so there will still be a touch of country when we look out the west side of our home.

April 21 - Builder Contract Signed!

Ed,

With the changes and modifications we have made, the price has changed accordingly and we are now nearing the $250,000 price - not including the lot which we already own. The next connection will be with the bank! If the bank paperwork can be completed in a timely fashion, we should be looking at digging the basement in the next few weeks. The weather is ideal (so far) for starting construction. We are still hoping to get the home completed for an October 1st move date.

Barb

We signed the necessary contracts to begin construction today. We met with the builder and the realtor in the townhome that is the essential pattern of our plan. After working on plans and adjustments for several weeks, it is a good feeling to be able to take the next step.