Building Update

Praise Report !!!

1.  Our “quiet title action” was successful - we now have a new deed for the church property.

2.  Now that we have the deed, our mortgage company allowed us to set a closing date for the mortgage - 7/16/08.  So please keep this in your prayers. 

3.  I received a message today from our mortgage company, based on our request, they are reducing our interest rate from 7.25% to 7.00%.  This will save us between $10,000.00 to $15,000.00 a year for many years.

Thanks to all who are praying, I believe that all of the progress of our buiding project has been accomplished only by prayer.    

This entry was posted on Wednesday, July 2nd, 2008 at 16:30 and is filed under Building Update. You can follow any responses to this entry through the RSS 2.0 feed. You can leave a response, or trackback from your own site.