We were supposed to close on a listing of mine last Monday. That's right... "were supposed to... last Monday".
So, y'all picked up on the "we didn't close" part, right? yeah, so did my seller.
My seller was moving out of state, with all of his belongings and his elderly-mother (who am I kidding, she's probably MY age!). It's the family home, so it's a little traumatic for mom, and made a little more so by the lack of closing.
So, when the lender asked for a new bit of information from the buyer (after having given him a conditional clear-to-close), it came as a bit of a surprise... and pushed us off our mark. We were hopeful that we'd close the following day (Tuesday).... right?
Tuesday came, and went... and oddly enough the lender (let's call them LoansAren'tUs, shall we?) asked for a new bit of information. They wanted to source a check that had gone into the buyer's account in February of 2015. February. That's seven months ago. Why they couldn't manage to have asked this question during the 45-days between the contract date, and the closing date is beyond me.
Well, the buyer didn't clear up the sourcing issue with LoansAren'tUs for several days, and then it took us a bit to get a fresh clear-to-close, and get back on the title company's schedule.
We finally closed 11 days late. I've never had a conventional sale close that far past the closing date. I think my seller lost 15 pounds and all of his fingernails in the interim.
But the good news is that we're closed. Yay!
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