Thanks Jon. Can you believe they still haven't gotten me the condo docs! I'm relieved that we'll be able to rent though.
I hope I don't have the same probs with my appraisal! Right now I just got some mortgage papers to sign and I really don't understand half of the stuff. I have to have Linda Meyers look at it, so I don't sign something I don't understand. The mortgage had a strange clause about pre-paying the loan, stating that interest would not be refundable. I can't tell if they mean the interest on the entire loan or what! That's 191K total princlple and interest on top of my 20K down payment that I already made! I'd never be able to sell the house if I wanted to!
What happens if the appraisal doesn't agree with what you offered? I wonder if they can change the figures in the original contract?
Can I ask, also, if you are happy with Linda Meyers' service so far? They seemed okay when I called, but apparently they don't look at anything inspection related. They better look at my mortgage stuff! Lastly, is the lawyer taking care of doing the title search?
Margaret