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Building A Log Cabin blog
Golden Eagle Log Homes
Project 955--Orcas Island
Wednesday, September 19, 2007
Financing and Appraisal
Posted by dirttodone
The family has started another important process in their pursuit of their lakehouse. They have submitted their blue prints to the bank and the bank's appraiser. The appraiser will take about two weeks to determine the value of the home based on the blue prints, details of the home and comparable homes in the area. This appraised value will then be used to finalize the construction financing.
Once the construction financing is finalized, the log package can be ordered from Golden Eagle and construction can begin. The family is very anxious to break ground.
Financing/Appraisal
9/19/2007 9:48:37 AM (Eastern Daylight Time, UTC-04:00)
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