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Wednesday, March 11, 2015

THE WAITING GAME

Metropolitan Sewer District and Loan Closing


Status Update: As of the morning of 3/11/15 as I write this post, there are two outstanding issues that are holding up the start of construction. The first is that I am still waiting on approvals from Metropolitan Sewer District with regards to the 'Request for Sewer Availability Form' I filled out and sent to them weeks ago. The second being my closing on the construction loan with Guardian Bank. I sent the lender an email yesterday for an update on where everything is at with this, since I was told that the pre-construction appraisal should have been completed by now and that was the only thing they needed to put the loan package together. I'm hopeful I can get both of these items resolved by the end of the week so that construction can start on the project next week.