Saturday, May 1, 2010

House Update

We were suppose to close yesterday afternoon. Bummer!!! I am learning a lot about this "short sale" stuff in the last week. We were patiently awaiting the closing cost details to add on to the house price... from the bank. The bank has to let the title company know and then they let us know. So by 3 pm and no word from the bank, our momentum finally started to slow down. We realized that we would not close by our contract date- and we all signed an attachment letting the bank have 2 more weeks to get the closing cost details to us. John and I were both pretty bummed! Such is life in the short sale market. I have been told that the banks do the strangest things sometimes. Now they have until May 12th...hopefully we will close by then. We are both excited and anxious to move down south! Pictures to come soon :)

3 comments:

Cathy said...

Don't worry too much. Just think of how much you are saving in the long run. ;-) we are excited for you guys!

Weizhong said...

thanks cathy!

the Varley Family said...

That's awesome you're buying a house! So fun! Congrats! Can't wait to see pics!

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