Monday, we received the final answer: "no, we will not underwrite your property with the big barn." So, I met with a new lender and ... here we go again, gathering documents and signing papers. The new lender read the appraisal report and didn't see why it was rejected. A new appraisal will be done, a new loan drafted and it will all hopefully be approved by the end of July. This lender writes loans for large equestrian properties in the Sacramento area. Our property is peanuts, easy-peasy to them.
In the meantime, the seller does not want to rent to us. I've rescheduled the delivery of our furniture for August. We may live in a hotel for while after my corporate housing time is up.
Keep your fingers crossed that it goes smoothly this time. The seller is, understandably, a bit pissy about the whole thing.
I'm feeling very tired.
I will be spending next weekend in Santa Barbara with Camille. Its our annual mother/daughter weekend. I'll take pictures to share but I'm not sure that there will be wi-fi in our tent. :)
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