Appraisal

Great news – the VIB has appreciated by half of its original purchase price. We appraised well over the value that we needed in order to drop our mortgage insurance. In fact the VIB was valued high enough that we are able to take some money out (“cash out”) in order to pay down our credit card balance and then maybe do an odd repair job here or there. Or do something fun?… Read the rest

What to expect when you (your house, really) get appraised

So it happened. Months – almost a year! – of hard core renovation, plus some major upgrades in previous two years – A/C and repointing – and we were ready to get re-assessed. This is going to be the nitty gritty of what to expect, and is probably extremely boring for anyone not planning on this process. But the pictures are still nice )

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In the run-up to the appraisal:

  • We locked our rate with the bank, which officially gave us 45 days to get everything done, including getting approved for the loan (lots of papers!)
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Bits and pieces fall into place

I am spinning my wheels a bit here. I suppose that happens when you get close to finishing a major undertaking like a gut renovation of kitchen/bathrooms in a 100-year-old-plus house. There’s lots more to post about, some bits are completely done and haven’t seen the light of blog (hallway lights!), while others are just waiting for their finishing touches that we will add more or less at our leisure (kitchen before and after is going to be so good!)… Read the rest

Lock, Set, and Ready

Wheeee. Sergey and I locked in our refinance rate. The clock is set and we’re ready to get this show over with. We have about six weeks until it’s all done, and in the meantime we have to get all of our documents together, paint away, and get whatever else done in the house that we can to best show it off. We will probably finish right around the same time three years ago when we signed up for this adventure.… Read the rest

Hiatus Before the Storm

When we were renovating with contractors, I thought that things couldn’t possibly be moving at a higher speed. Turns out I was wrong. Getting the last few bits done as we gear up for refinance turns out to be even more hectic. Particularly so with travel on the agenda. I will be out this week and next, traveling to Russia to celebrate a very special 30th and 90th (!!) birthday. In the meantime, Sergey will be in charge of the VIB.… Read the rest