Letter from the bank regarding our application for a construction loan for our house:
…I also feel that without the proper Property Addresses and Legal Descriptions that you are going to have a really difficult time trying to find a lender to understand this transaction and want to lend against a property that quite frankly doesn’t exist (on paper that is.) So with this being said I am sorry Dr. Hunt I am going to have to politely back down from this challenge and wish you the best of luck.
Huh. Well. Allrightythen.
I’m not ruffled or panicked or upset…or even surprised. Nothing surprises me at this point. More like annoyed, frustrated, and slightly ticked. Are these people CRAZY or just stupid?
That wasn’t very kind of me. Sorry.
So we’re talking with another bank and counting on another delay. Hopefully we’ll be able to build this house before we retire.