The past two weeks were slow due to the holiday season, but also because we pushed up the final bank inspection / appraisal (to earlier then one would normally do so) so we needed to clean up the construction site and make our incomplete building look as presentable as possible. The great outcome from this is that we passed our final bank inspection and received a positive bank appraisal! This allows us to refinance out of our construction loan and into a home owners loan and gives us some much needed cash to pay some hefty IOUs to a few of our very understanding and cooperative contractors and as well as some extra cash to keep this project moving. Doing the bank refi will take another 4 to 6 weeks to finally pay out, but this was the largest remaining hurdle!
We did manage to get a few small tasks accomplished over the past two weeks. In preparation for our tenants moving in upstairs, we had a window cleaning crew come through and take off the construction window film and plastic and clean the windows from the interior and exterior. We also installed the towel bars, toilet paper holder, door stops, and curtain rods through the 2nd floor unit. Andrea and I both ended up touch-up staining the baseboards in the 2nd floor living room, entry way, and dinning rooms. One more quick clean and the unit is ready for our new neighbors!