Friday, January 26, 2007
The Curse of the Irish
My ancestry is part Irish part English with a little bit of Cherokee Indian. You know the saying, "The luck of the Irish" well that luck has not shined down on me lately. The contract we had on our land fell through. The land did not appraise for the sales price and the buyer backed out. Unfortunately that particular buyer had cash so he could have paid whatever price he wanted to without having to worry about a financial appraisal. I doubt we will have any more cash offers seeing as how those are very rare. So this mean pretty much anyone who is going to buy the land will probably have to get a financial appraisal and it doesn't look like we are going to get it to appraise for what we want. Another option? Sell it for the exact amount we have in it and come out even but of course anything you sell you always try to make a profit on. Maybe I will run up on that pot of gold on my way home.
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