If you remember back in February we put in an offer on a short sale condo. Then in May the bank gave their approval for the short sale.
We opened escrow and the sale was to be completed by June 8th. So on Friday June 7th about an hour before we were to close and the funds had been submitted there was a "problem." Apparently the negotiator or the closer with the lien-holder, or somebody had an issue as to how the past due HOAs were going to be paid. Are you sh!^^!#& me? We were in escrow for a month and the loan docs had been signed for a week and NOW there is a problem?
The lock ended the following Wednesday June 12th so my lender extended it for a week and they ate the cost. So then a week goes by and no word. So on June 19th my lender did a second extension and they ate the cost again, which was very nice of them.
So yesterday June 20th I got word that the bank approved the short sale again and would pay for the past due HOAs. Sound familiar? So it was to fund either Thursday or today, record and we would get the keys this afternoon.
At 1pm I got a call that there was a "problem." Apparently the title company is a small no name company and they needed to be "approved" by the lender. Are you sh!^^!#& me? We have been in escrow for over 6 weeks and some dumb ass just notices the title company!!!
Supposedly they have been "approved" but the record deadline had been passed, so now we have to wait until Monday. Does anyone want to take a bet?
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