Purchase agreement is signed…

The purchase agreement is now signed by both parties. So unless we were not able to get our mortgage, we will be the new owner of 159 Chisholm Avenue on October 19, 2012. It was a very busy Friday trying to get through all the necessary paper work at the lawyer and then later in the afternoon with the mortgage broker. Now we’ll just have to wait over the Thanks Giving holiday weekend to see if the mortgage is approved. And because this is a private sale, the bank wanted to do their own appraisal before they decide if they will lend you the money or not. This makes things a bit more complicated. Hopefully we will still make all the necessary dead lines. Otherwise, I will have to work with the seller to get the closing date extended.