Increasing the loan.....was approved contingent upon the building appraising......... I'll get (them) started on the appraisal tomorrow.I guess I should be concerned the building won't appraise for the loan amount, but that would be valuable (though disappointing) news. So, I'm counting this note from my banker as a major milestone along the project path.
Harrington Bank has been convenient to deal with. These are uncertain times in the US regarding real estate loans. I'm finding Harrington cautious, which they should be, but also liberal. Not having a large governing board seems to allow them to process work close to the customer. I suppose it should always be that way but it isn't. Go Harrington!
