Friday, March 19, 2010

I Wish. . .

I am starting to wish I had never seen the Esperanza house.

An update to the last posting: the seller provided the needed information and the bank determined that he did still qualify for a short sale. But one of the banks (there were two mortgages) decided that they wanted $7500 more than they were getting under the agreement. To just end this, the agent tried to see if the seller would agree to pay the $7500 and we could move to closing. He talked with his attorney and things got stuck.

Things got even worse because the Best Price Offer (kind of like an appraisal for banks) expired yesterday.

What does that mean? It means we start all over again. New BPO, new paperwork, new everything.

The BPO will take at least a week. The new paperwork will take an additional two, at least.

I am sad today.

2 comments:

Unknown said...

:(

Leejean Stanger said...

Oh so sorry to hear. what a pain to have to deal with. Good luck.