I have had a listing for one year. During that time I have had 2 contracts on it and both times the buyers walked away because after 2 months the bank would still not give me approval! The file was transferred this last time over 8 times to 8 different people! The bank would have actually broken even on the deal if they considered the money they would net plus the interest the owners had already paid! No one has lived in this house for a year, the bank hasn't gotten a payment in almost 2 years, the home has been vandalized and appliances stolen and twice I've given them the opportunity to close out their loan and because of their disorginazation and the fact that they have been given so much money by our Government, they have no desire to accept money from a valid sales contract.
Sorry, just venting. It just doesn't make sense to me that tax payer money should go to help these financial institutions when they are doing nothing to help themselves!
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