Next step for the house will be the assessment. We are getting an FHA mortgage, so it must meet the criteria of an FHA loan. I really have no idea what that criteria is, but I think it means that house must be livable and in good repair. So yea, you know that recalled electrical box? I think that won't meet the FHA guidelines. Oh well. Whatever isn't up to standard will be repaired before we move in. Our realtor assured us that this is standard protocol and will not effect our closing date.
Until the assessment (which hasn't been scheduled yet), we have some waiting time. Once the assessment is complete, the bank will hire a contractor to fix things, and then we can progress forward. Until then, I am going to focus on grad school, regular school, and my fence panels. Spring Break is next week!!! Yaya!
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