Thursday, July 21, 2011

Raymond House Set Back. 1:00 pm Alaskan time

The bank appraisal went real well! The appraiser said there was no problem in the value of the property as far as the loan is concerned. In fact the appraiser really liked the house! However they could not get the water pump in the well to work. Both the bank & HUD will not close until there is running water! So we all have been scrambling the last 3 days trying to get a plumber out to try & get it going. 

There was running water when HUD took over the property and in their assessment at the time no repairs were needed. So we figured maybe something didn't get turned on or maybe it needed primed. We were able to get a plumber out early today and turns out the pump is a submersible so priming was not the problem. They verified there is water in the well (that is really good news!) But he couldn't get the pump to work either. He said that sometimes when the pumps sit for a long time they can freeze up. He is going to pull the pump up out of the well & see if he can get it going, at least long enough for the appraiser to come back out & sign it off. If not it will have to be replaced. 

I should mention that the house that is on the property now is only 4 years old but there was an old mobile home on there before. I'm assuming that the pump is probably as old as the well, so it really would not surprise me if it needs replaced. We should hear back from the plumber later today. Hopefully he can do whatever needs to be done today so we can get this done & move on. I will post again later after talking to the plumber.

4:00 pm Alaskan time
The Plumber called back. He can't get to the pump because it is to deep & he doesn't have the equipment to pull it up. We called the drilling outfit he recommended, they can do it but not until Monday. We gave them all the info about the pump so that IF it does have to be replaced they will have the parts on hand. 

So the bad news is that it will be expensive and the funds will have to come out of the back-up moving/appliance & furniture money. But at least the funds ARE available & we can just get it done!

The good news is that if the pump thing can get done early Monday there still might be time to get the appraisal done & still close on time. If not we actually have a few days of lea way before we HAVE to make the travel arrangements in time to move by the end of August. Worse case we might have to spend a little more for airfare. As far as the appliances & furniture are concerned we have options there as well so we should still be OK. 

We will spend the next few days concentrating on fishing. The reds are running stronger than they have in years! This will be our last chance, there are some red salmon in Washington but no where close to the numbers here.

I will post again Monday after I here back from the drillers, or if we hook up good with the fishing!   

        

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