I keep getting questions about our house and when we're moving.. so here's what's going on!
Let me just explain.
August 12th, we put an offer in on a house. We loved it. Yes, it was a short sale but it was an approved short sale so the process had already been started. Yay.
9 days later, the offer was accepted! Awesome, right?! We had an amazing inspection, the loan went to escrow, and underwriting... all that jazz. We were SET to close September 23rd. Everything seemed normal and going according to the timeline.
One week before closing, we were informed that the loan had been sold to a different company. And that all we needed to close was for them to reissue the approval letter. We were assured that it would take no longer than 3-4 business days. Great, hunky dory. So we went ahead and signed all 1432 pages of our loan documents and were told that we should close on time.
September 22nd rolls around and we're told that the loan is still in the "review process" by the new company and we would in fact, NOT be closing on September 23rd but that it should be early the next week.
Let's just fast forward 4 weeks. Here we are in our apartment still.. without the keys to our house. Not only are almost a month past when we were supposed to close on our house, but it's been more than 20 days since we signed our loan documents so guess what? We get to go in and SIGN THEM ALL AGAIN!!!! Ugh. Did I say Ugh?
At this point in time, we have to be out of our apartment in 2 weeks. We have no idea when we will close on the house. So... pretty much we'll have to move all of our stuff to storage and find a place to stay until we get everything settled with the house.
Here's the thing. I totally get that this kind of thing happens. But what I'm most upset about is that almost a month ago, we were told "no big deal, you'll get the new approval letter in a couple of days". And every week since we keep getting told "we're working on it". That's crap. These people have a job to do. Get on it people! We have a life, and a family and can't just simply sit around for weeks or months at a time waiting for them to get their act together. All I really want is some realistic expectations. If it's going to take another month, fine. I don't like it but at least I know what to expect. I just hate being jerked around.
Sorry, my explanation turned into a full on rant. Ha ha. Thanks for bearing with me.
AND please send good thoughts and prayers that we'll close soon so we don't have to live out of suitcases for who knows how long! Eeep!