Replying to 3c6fec3e...

nostr:npub1dqjff4hhp6nctfmqv5r3usppknff2khvkzexkv7tte2g7f5ycr0qhg8t50 I'm not prone to anxiety but I have all the financial responsibility in my family. If my son goes to school dressed like a hobo, that's my wife's fault. If we don't have any money, it's my fault. Not really but we have things each of us is good at handling.

I very quickly went from telling the contractor that the bank is taking a long time, to worrying that the house is going to be taken away.

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3c6fec3e... 2y ago

nostr:npub1dqjff4hhp6nctfmqv5r3usppknff2khvkzexkv7tte2g7f5ycr0qhg8t50 The frustrating part is I don't know if I would have needed an appraisal or not. She tried to force through an amount four times bigger than we wanted and it triggered an appraisal. She tried to lower it to the proper amount and it still asked for an appraisal.

I don't know if it would have asked for an appraisal at the lower amount anyway or if once it's triggered, it's triggered no matter what. She said she can't cancel it on her end so that makes me think this is the case.

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Killer*Mule 2y ago

nostr:npub1g5p800zr3f9ngq8d8v0t4rl36sdjs48j8z96df2twy23wvflg4eshh8gag Yeah that's crazy. I've seen where banks will do the value thing where you have a loan larger than you need because there's things that cone up and the project gets stuck b/c you're out of money, but 4x is a lot of liability. I think in this case the appraisal is to make sure they have enough security should you default. I hope this gets resolved quickly for you and your project is taken care of. See, the sun came up again. :) Things are OK.