We're not building on right now.
We were unable to get the loan at this time.
It's funny how you think you've got everything covered...and really, you don't.
Debt snowball paid down...check.
Proof that we can easily make the payments...check.
Approval for a loan...not check.
After some frustration and disappointment, we reworked our plan.
We've decided to save what would have been our payment and do a few things to our current structure.
We will add a bathroom in our closet first.
Then we'll redo our current bathroom.
Finally, we'll remodel the kitchen.
The plan is to save cash for these projects and then do them. We should be able to get them done in 2015, if we don't have any big financial surprises.
That will either raise the appraisal value enough to get the home addition loan, or it will make our house more marketable if we decide to sell and go buy or build somewhere.
The best laid plans.
There "they" are again with those cliches...
We're still blessed and content, but I'm planning another HUGE decluttering session coming up since we're not building on a playroom anytime soon.
Have a great rest of the week, friends.