I've fielded quite a few questions lately about the progress of our renovation property and I keep promising to update the blog so here it is!
We are stalled temporarily while we wait for financing to come through. We have the plans almost completely wrapped up minus some minor revisions, we have our contractors selected, and we are otherwise ready to roll.
The property is incredibly unique and traditional banks kept telling us they wouldn't be able to get an accurate appraisal because there are no comps in the area. It's beyond frustrating that they rely so heavily on computers now that when a property doesn't work with their "formula" they just don't offer anything!
Luckily, there is a Building & Loan in the area that still believes in the value of a family and supporting people when the endeavor otherwise makes sense. I spent a few weeks putting together a formal proposal for them and Chad and I met with the at the house over the weekend just to demonstrate the scope of the project.
They don't meet again until April 28th to discuss the proposal. Once a decision is made, we'll either move forward with the financing which could take a few more weeks between getting the paperwork in order and signing everything or, we'll have to explore other avenues.
We feel like the proposal we put together was very strong and we're optimistic that it will all work out the way it's meant to.
Meanwhile, we have Sutton all signed up for first grade at her new school and we'll take her over there some time soon to play on the play ground.
Oh, and don't forget my Spring Special is underway - if you're thinking about booking a session, now is the time: LOOK HERE.
I'm still shooting daily and working on my 365 so that will be my next big blog update. But for now, here's a recent favorite: