Today is assessor day at the Crazy Windmill Ranch. Assessors representing both Fortis and Citibank will be visiting the property today, firstly to determine whether the amount we’re lending will be covered by the value of the property. Personally, I believe not only in the current value of the land, but in the future increased value.

A second part of the evaluation would be to determine whether the renovations we intend carrying out will sufficiently increase the value of the property. This is what I worry about most: will our megalomanic idea of living in a windmill be worth the money we want to borrow?

Update: the assessors have been. Both were optimistic about the value of the land, but it remains to be seen whether they were able to translate Ilze’s description of what we want to do with the place into actual value. We should know by Tuesday, and Wednesday is our deadline for paying up or breaking the contract.

Categories: Finances
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