Bad News...

Well we were 6 days away from moving into our home here in Atlanta when we received some bad news this afternoon. The appraisal came back $15K less than our contracted price. We were all...Jarrod, myself, our agent, the homeowner, the homeowner's agent...shocked!!! The problem is that the lender took their time getting the appraisal done. They've have weeks to do this and they waited until today! Midnight tonight was our cutoff to get our earnest money back. Unfortunately we didn't get the call until 5pm this afternoon so anyone we needed to contact to discuss the report had already left the office. We've had a few "issues" with the homeowner in regards to getting paperwork signed and back to us in a timely manner, closing date, etc... so we decided the best thing to do at this point is to terminate the contract. We hope to get a copy of the report in the next few days and see what exactly this person was looking at and comparing to, however we feel like this is a sign. I am so upset, but I'm trying to remember that EVERYTHING happens for a reason and that God's plan and timing are always right! I know that we will find our home, it's just frustrating considering this means more time in this tiny apartment, we have new furniture that was scheduled to be delivered next Wednesday and the movers were coming with our things on Friday. Again, that's a small inconvience if it means not making a huge mistake. I'll be sure to keep everyone posted as we move forward.