New House

After many problems with Wells Fargo, we decided to go with another bank. Let me rewind a bit. Candice and I finally found a house that we both loved. Wells Fargo seemed to have the best rate. We gave them all the paper work that they asked for and th0ught we were on our way to a closing date on the 20th. A few days later, I receive an appraisal report. The report listed the house 27 thousand less than what we were going to pay for it. Wells Fargo will only loan 95% of the appraisal value. After fighting with Wells Fargo for days, we decided to go with another bank. The house we are purchasing is a brand new build. So, there is no way inflation or depreciation is a factor. Market value may be one thing, but the cost of a 2x4 is another. Well, we got the new appraisal report and it was a lot more accurate. Actually, they appraised it higher than listed. So, we are now going to be the proud owners of a new house in Ooltewah, Tennessee. Here is the link to the realtor page for the house. Our House