The appraisal came in yesterday at $250,000 (thank you to everyone who has participated in the chant of 210+) !!!!!
The appraiser had to write it as a cost approach since there is nothing comprable to it within 50 miles. So now we just have to wait for the underwriters to approve the appraised value and we're home free!!!
We'll know by Wednesday so I guess the chant until then will be "Appraisal YES! Appraisal YES!"
I'll let you know as soon as we hear the news.....
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