The Dreaded Appraisal

May 31st

At our inspection, Realtor mentioned that the appraiser had already been out. He said that was unusual, and that they usually waited until the buyer removed the inspection contingency.

Because I like to pre-worry, and I like to over-research matters, I had read horror stories about appraisals coming in low, and the mortgage companies refusing to fund the loan.

But Realtor and I had both done our own comps and thought we were getting a great deal. (A home built at the same time, with almost the same floor plan, same square footage and a lot of the exact same size down the street sold for several thousand more than our house. That house had a slanted floor and mold in the finished attic!)

The appraisal came back in our favor.

Another contingency removed…


I called our insurance company to price home insurance. While talking, I realized the doors don’t have dead bolts, and there are no smoke detectors. I will put smoke detectors in immediately, but in the contract for our state, the seller is supposed to provide working smoke detectors. I let Realtor know, and we’ll see if that gets taken care of.

If not, it’s no big deal. Just one more thing to add to the ever-growing List of Things to Do in Charming House.