I'm back!!

Almost eight months have passed since my last post. Sorry! You are probably wondering what happened. Well, its complicated. This is at least part of the story... We got frustrated with the bank. The wait was emotionally draining. We were being told that next Friday, next Friday,... the appraisal was coming in. After three months we were told that the appraisal was never ordered. It was ridiculous. We also started thinking about moving off the island for all kinds of personal/family reasons. We told the bank we wanted to withdraw our application. After a few months, we decided to stay. We considered buying a house, but we really wanted to build. So, about two months ago, we went back to the bank and said lets start over. We are hoping to start building at the beginning of October, whether the bank is ready or not.

I met with our contractor yesterday and told him we wanted to get started ASAP. I him told that I wasn't B-S-ing him about the bank. He said he knew. He said that our bank, Scotia, is infamous for taking a very long time to approve and close on construction loans. He said that he has known people who have had to wait a year to close on a loan. I guess I shouldn't take it personally, but I'm still upset. And I'm not going to stop calling every other day and putting the pressure on my agent to get this loan closed.

I'll keep you updated.