House update! The house you see below is not thehouse we are buying. It was going to be - we made a low-ball offer and it was accepted with a clause that allowed for the house to be shown and offers to be made on top of our's. If an offer was good, the owners would give us 72 hours to either comeup witht he money or to release the house. We released the house.
We had some issues with our own sale because of several transactions. One, we are subdividing and need apporaval from the mortgage company. That can take up to a year! So we are subdiving without their permission and they can force us topay up, which we planned to do anyway. We also have a small easement to the VDOT for storm water - a little creek. It actually effects 2 home sites, so it would lower our price unless we can get VDOT to vacate and buy it back. This can take months, also. But the buyer has agreed to buy with an excrow set up for the buyback and the legal work begun. It began a few weeks ago. So now we are waiting for the closings and have no idea when this will happen. It can't happen soon enough for us.