We are representing a buyer on a bank owned home. Our close date is still 4 days away. Buyer loan docs have already been sent to escrow, buyer has signed, lender is ready to fund... BUT There are some unpaid taxes due on the property that the servicer needs to pay before we close. So how long might that take?? 1-60 days, GREAT !! Here we are 4 days before closing, we push like crazy for the last 30 days to get closed on time, even early and now it is up in the air if we will close on time. The banks must do a better job and stream line this process or I will have to pluck the last few hairs from my head !!
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