Question about a selling situation...

[May27JnJ]

Ok. DH and I are selling our house. When it went up we got a showing and a contract within a week. The inspection was ealier this week. DH had to be there to let them in b/c we do not have a lock box on our house. When they showed up the lady's realtor was not there. From day one our realtor has had issues with getting her realtor on the phone. He never calls her back or anything. As of last night, we do not have a pre-approval letter on her, and the inspection on our house hasn't been sent to our realtor. The lady who's buying our house even told DH that she doesn't know who her loan is through or how much her house payment is b/c her realtor took care of it. (She's a first time home buyer) She's not closing until the end of April which has stalled our closing on the house we're buying. As of right now, we don't know what's going on. We'd like to get this lady a loan through our mortgage company b/c it's so great! Our loan officer has told us that she can close us in a week if we wanted to. Our realtor is talking about putting our house back on the market b/c we don't have the correct paperwork. If this happens, we'll end up with two house payments if we don't find someone else to buy when we close on the house we're buying. Which FYI - We can't afford!!

We're trying to get in touch with this lady by going to her work and talking to her. (It's at a retail place we visit often)

What would you do? Are there any realtor on this thing that can give advise?

[jajacobsen]

The buyer's realtor does not have to be at the inspection. However, it appears the buyer and the buyer's realtor have never provided you with the proper paperwork. To me, someone who does not know teh name of her mortgage lender or what her approx house payment would be is NOT a serious buyer. You need to continue to market your house until these items have been provided to you. Did your contract stipulate a time frame for teh inspectio? Did it stipulation a time frame for requests for fixes? How much earnest money did the buyer put down?

[May27JnJ]

The buyer's realtor does not have to be at the inspection. However, it appears the buyer and the buyer's realtor have never provided you with the proper paperwork. To me, someone who does not know teh name of her mortgage lender or what her approx house payment would be is NOT a serious buyer. You need to continue to market your house until these items have been provided to you. Did your contract stipulate a time frame for teh inspectio? Did it stipulation a time frame for requests for fixes? How much earnest money did the buyer put down?

She really loves the house and she's doing this all on her own. She a first time home buyer so she's new to all of this. (Maybe I'm just being too nice) I think our realtor said that they have 5 days to turn the inspection into her. She put down $300 in earnest money. She basically has nothing to put down or anything.

[IrishEyes]

Our contract had a date in it (I believe within 14 days from when we signed the contract) that we had to secure financing by. I would be concerned about the lack of financing at this point. Usually, the letter of preapproval is presented with the offer, so the sellers can see that financing shouldn't be a problem.

Our contract also stipulated that the requests we would be making based on the inspection had to be submitted within 3 days of the inspection. We actually wrote up our requests immediately following the inspection and our realtor drove it right over to the other agent's office that night.

If your contract had any such deadlines, and the buyer hasn't met any of them, then I would discuss whether you can void the contract with your realtor.

[jajacobsen]

Does the potential buyer haeve a realtor? He/she should be walking her through the steps. I don't know what the local norms are there, but here it is $1000 earnest money minimum and and a lender pre-qual at the time of offer. We bought a house in 2005 and teh seller's realto woudl not even accept the paperwork without these two things.

Does your offer have any stipulations about obtaining financing?= in a short period of time? Has it been 5 days since the inpsection? It just seems like everythign is very open. I would continue to market your house and then if teh buyer comes through in the required time frame, well then even better.

[hmbay]

Our contract had a date in it (I believe within 14 days from when we signed the contract) that we had to secure financing by. I would be concerned about the lack of financing at this point. Usually, the letter of preapproval is presented with the offer, so the sellers can see that financing shouldn't be a problem.

Our contract also stipulated that the requests we would be making based on the inspection had to be submitted within 3 days of the inspection. We actually wrote up our requests immediately following the inspection and our realtor drove it right over to the other agent's office that night.

If your contract had any such deadlines, and the buyer hasn't met any of them, then I would discuss whether you can void the contract with your realtor.

Actually a good purchase agreement would have had an inspection addendum and a financing addendum saying if the buyer had x days to have an inspection and x days to submit any issues/copies to the sellers and x days to secure financing and provide proof. If these items/dates were included in the purchase agreement and were not kept the purchase agreement is null and void. Technically you can move on to another buyer.

[May27JnJ]

The potential buyer does have a realtor and he is the one who is not returning ANY of my realtor's calls. The norm around here for regular 3 bed rancher is $500 earnest money. The inspection was Wed. so they're pushing it. I just really feel bad for this lady b/c she told DH that she never hears from her realtor either and that he's already made her lose one house! She doesn't even know what's going on around her. If we could and it was legal, I'd go up to her and tell her to use our realtor and our loan officer and we'll get everything done!

[May27JnJ]

Actually a good purchase agreement would have had an inspection addendum and a financing addendum saying if the buyer had x days to have an inspection and x days to submit any issues/copies to the sellers and x days to secure financing and provide proof. If these items/dates were included in the purchase agreement and were not kept the purchase agreement is null and void. Technically you can move on to another buyer.

We almost need to b/c we have a contract on a house we're buying and we can't afford two house payments, as I don't think many can. We love the house we're buying and we don't want to lose it! There are a ton of options that our loan officer has given us, so it can be worked out.

I knew all this happening so fast and easy was too good to be true!!! :rolleyes:

[Linz]

When does that woman's contract run out with her realtor? The same thing happened to my parents when they were trying to sell their house / find another house. She didn't do jack squat until her contract has almost ran out and then got on the ball and actually did her job.

[May27JnJ]

When does that woman's contract run out with her realtor? The same thing happened to my parents when they were trying to sell their house / find another house. She didn't do jack squat until her contract has almost ran out and then got on the ball and actually did her job.

I don't even think she's signed a contract with that realtor. She told Josh that she hasn't signed anything. :confused: :confused: :confused: :confused:

I just feel like someone need to help her or she'll never get a house if she doesn't get away from him.

[IrishEyes]

I can't think of a reason she can't go out and find her own financing. Put her in touch with your broker.

[May27JnJ]

I can't think of a reason she can't go out and find her own financing. Put her in touch with your broker.

That's why we're trying to catch her at work.

DH called and left a message for her. I wish he hadn't b/c I don't want her freaking out thinking he's crazy. I told him not to go to her work w/o me!

[hmbay]

we juggled two payments and the HEL we took out for the downpayment on the new house. It sucked. I don't wish that on anyone. Good luck!

[Rose]

Why doesn't your agent try calling the other agent's broker and let him/her know that they can't get the paperwork or a hold of the agent. That would be more appropriate than you contacting the buyer.

[May27JnJ]

Why doesn't your agent try calling the other agent's broker and let him/her know that they can't get the paperwork or a hold of the agent. That would be more appropriate than you contacting the buyer.

I think I'll talk to her about it. That's a good idea!

[May27JnJ]

we juggled two payments and the HEL we took out for the downpayment on the new house. It sucked. I don't wish that on anyone. Good luck!

Blah! We'd probably have to get out a line of credit and rent our house out! Just beautiful!

[mamax2]

ITA w/Rose. Your sales agent needs to call the other agent's BROKER and tell him/her what's up w/this situation. If there is some sort of personal issue/problem that is preventing the buyer's agent from doing his job, then the broker can step-up and re-assign the buyer to another agent or they can work out some sort of referral situation.

As for the other matters of this case, it's entirely sketchy the prospective buyer knows NOTHING about her financing arrangements. It's most definitely illegal for the agent to steer her to only one financier. Although the buyer may be provided w/incentives for going w/a certain mortgage company, she should by all means be able to investigate other options and make the choice on her own.

[May27JnJ]

ITA w/Rose. Your sales agent needs to call the other agent's BROKER and tell him/her what's up w/this situation. If there is some sort of personal issue/problem that is preventing the buyer's agent from doing his job, then the broker can step-up and re-assign the buyer to another agent or they can work out some sort of referral situation.

As for the other matters of this case, it's entirely sketchy the prospective buyer knows NOTHING about her financing arrangements. It's most definitely illegal for the agent to steer her to only one financier. Although the buyer may be provided w/incentives for going w/a certain mortgage company, she should by all means be able to investigate other options and make the choice on her own.

ITA! That's what we've done. This is our second time buying and our realtor has always suggested, and we made the final decision. It does seem weird to me too. She should definitely know what's going on. (please do not take this the wrong way!!!) The other agent works in a "lower class" area. I don't know if he just doesn't try as hard b/c of that. (He just doesn't seem to have his stuff together.)

[IrishEyes]

I like everyone's idea of going up to the realtor's boss. Maybe that will get some movement.

[May27JnJ]

I like everyone's idea of going up to the realtor's boss. Maybe that will get some movement.

He works for himself. :rolleyes:

[hmbay]

Blah! We'd probably have to get out a line of credit and rent our house out! Just beautiful!

We did put renters in the house for a year. Then they moved out and we were forced to make the payments for about 7 months until the house was fixed up (renters kinda trashed it and we just had a new baby so we weren't in the mood to work on it) and sold. We had a buyer at 3 months but it took him 4 months to sell HIS house. Nasty chain of events. I'll never do it again.

[May27JnJ]

We did put renters in the house for a year. Then they moved out and we were forced to make the payments for about 7 months until the house was fixed up (renters kinda trashed it and we just had a new baby so we weren't in the mood to work on it) and sold. We had a buyer at 3 months but it took him 4 months to sell HIS house. Nasty chain of events. I'll never do it again.

That's what I'm worried about. If this lady loses the house, we might see is she wants to do a rent to own thing...???

[mamax2]

He works for himself.
Well, all Realtors techincally work for themselves since we're independent contractors but is this guy actually the Owner/Broker? If not, there is someone above him. If he is, a complaint could be filed with the State board.

Otherwise, if the deal dies, I think pursuing a rent-to-own situation sounds great (provided you can still get the financing you need for the purchase of your new home). If you go this route, make sure you have an attorney handle the details and perhaps a tax advisor consult with you on the best way to handle that situation. IIRC, most deals in VA settle through attorneys anyway, so you may already have one you could run this by.

[May27JnJ]

Well, all Realtors techincally work for themselves since we're independent contractors but is this guy actually the Owner/Broker? If not, there is someone above him. If he is, a complaint could be filed with the State board.

Otherwise, if the deal dies, I think pursuing a rent-to-own situation sounds great (provided you can still get the financing you need for the purchase of your new home). If you go this route, make sure you have an attorney handle the details and perhaps a tax advisor consult with you on the best way to handle that situation. IIRC, most deals in VA settle through attorneys anyway, so you may already have one you could run this by.

Well I'm not sure if he "works for himself", but there's no one else in his office. Only his assistant that answers phones (but never knows where he is.). Oh he's definitely going to get reported to someone!! This is crazy! If it's a family issue or something, they should tell my agent that! Right?

Are we doing something wrong by trying to find this lady to mention our loan officer to her? We know we can't say anything about our realtor b/c it's illegal.

[udsweetpea]

Have you gotten the pre-approval letter yet? In my opinion, this is the biggest key that's missing. Without this pre-approval, you don't really have a clue if this buyer is even eligible to buy your house.

[May27JnJ]

Have you gotten the pre-approval letter yet? In my opinion, this is the biggest key that's missing. Without this pre-approval, you don't really have a clue if this buyer is even eligible to buy your house.

It was the craziest thing...

Friday I went to where the lady works and she wasn't there. So then I came home. DH had called Thursday night and left a message for her. She ended up calling us at about 5:30 Friday evening. We talked to her about everything and mentioned our LO to see if maybe she could help her out. Then my realtor called me while DH was on the phone with the buyer and my realtor told me that buyers realtor called her back to say that he was going to fax the pre-approval letter that night. As far as I know, my realtor hasn't received it yet. Last I heard was Saturday and my realtor hadn't gotten it yet. :rolleyes:

[udsweetpea]

I would let all parties know you'll be putting your house back on the market if you don't receive a pre-approval letter.

[May27JnJ]

I would let all parties know you'll be putting your house back on the market if you don't receive a pre-approval letter.

Our realtor has put it back on the market. It's been on there since Thursday I believe. It just drives me crazy! We signed all the loan papers on the house we're buying so this better work out! Ahhh!!! :(

[villanelle75]

Even if her Realtor is the only guy in his office, is he part of a chain (Century 21, Coldwell, etc.)? Unless he is totally independent, he is part of a brokerage and as such, has supervisors and bosses, even if they aren't in his office.

If I were in your situation, I would contact my own agent immediately and ask about what stipulations you have in your contract that might allow you to get out of this sale. Unless your agent sucks, there have to be some deadlines and milestones that need to be met (secure financing w/in X days, etc.). Once you know that, call the buyer and tell her that according to your contract she must secure financing no later than X day, address any repair requests by Y day, etc., or you will be forced to move on. Or, if those deadlines have passed, tell her than and let her know that she has 3 days to work out the issues or you will put your house back on the market.

Also, you said that she told you she hasn't signed anything at all with her agent. If that is the case, I don't' see how she could be legally prevented from using another agent (including yours, if you are comfortable with your agent representing both sides and that isn't forbidden in your state). If she has no contract with her agent, she should be free to do this. And since her agent so very clearly sucks, I can't see why it would be a moral issue for her to ditch him either. (Ask your agent about the rules in your area to make sure.) If that's the case, then you can tell her when you call that it looks like this deal is going to go through due to the indifference of her agent and that if she has no contract, your agent would be happy to handle it from here (or to recommend someone from his agency).

Good luck!

[May27JnJ]

Also, you said that she told you she hasn't signed anything at all with her agent. If that is the case, I don't' see how she could be legally prevented from using another agent (including yours, if you are comfortable with your agent representing both sides and that isn't forbidden in your state). If she has no contract with her agent, she should be free to do this. And since her agent so very clearly sucks, I can't see why it would be a moral issue for her to ditch him either. (Ask your agent about the rules in your area to make sure.) If that's the case, then you can tell her when you call that it looks like this deal is going to go through due to the indifference of her agent and that if she has no contract, your agent would be happy to handle it from here (or to recommend someone from his agency).

Good luck!

As far as we know, she has not signed anything with him, as far as a contract with him being her agent. My realtor said that she'd be happy to take over that side too, but if her agents finds out that we've said anything to her about switching he can take my agent to court.

His website shows nothing about another agent or a company. He does suck and it's really making me mad. This lady wants our house so badly. It's sad b/c it's a huge upgrade for her from what she's in now. I'd hate for her to miss out.

[udsweetpea]

His website shows nothing about another agent or a company. He does suck and it's really making me mad. This lady wants our house so badly. It's sad b/c it's a huge upgrade for her from what she's in now. I'd hate for her to miss out.

If this guy truly is employed by a brokerage, I do believe he could be in A LOT of trouble for advertising independently without mention of the brokerage he's employed with.

If this is such a huge upgrade for the buyer, I would likely think she's not really qualified.

[May27JnJ]

If this is such a huge upgrade for the buyer, I would likely think she's not really qualified.

Well the thing is, it's a government loan. :o I'm not sure how those go...but that's what she told us.

[udsweetpea]

Oh ok. I've never worked with an FHA loan. I'm crossing my fingers for you that someone comes along with a stable realtor and a conventional loan.

[May27JnJ]

If this guy truly is employed by a brokerage, I do believe he could be in A LOT of trouble for advertising independently without mention of the brokerage he's employed with.

I don't even see the Realtor "R" anywhere. All I see on his website is the company's name. (The company that is on his business cards.)

[May27JnJ]

Oh ok. I've never worked with an FHA loan. I'm crossing my fingers for you that someone comes along with a stable realtor and a conventional loan.

It seems to even be a grant.

Thanks. I'm hoping something starts working TODAY!

[udsweetpea]

The grant is a small loan she will have to pay back. It usually is enough to cover closing costs.

[mamax2]

Also, you said that she told you she hasn't signed anything at all with her agent. If that is the case, I don't' see how she could be legally prevented from using another agent (including yours, if you are comfortable with your agent representing both sides and that isn't forbidden in your state). If she has no contract with her agent, she should be free to do this.

Even if nothing's been signed, if the Buyer's Agent showed her the house and was the procuring cause of sale, in most jurisdictions, he'd have the right to sue any other agent who steps in at this point. The only way around this I think would be for the Buyer to lodge a complaint w/the State Board and/or Managing Broker about the unprofessionalism of the agent. She should put him on notice, in writing, that she intends to do so if the contract isn't ratified within X days. She is, obviously, free to secure funding from anyone she chooses so she should get on that herself and stop waiting around for the Realtor on that one.

May ~ Is your contract on your new property contingent on financing still? Would you qualify if your old house does NOT sell? If not, that's your out and you won't have to worry about carrying two mortgages.

[mamax2]

I don't even see the Realtor "R" anywhere. All I see on his website is the company's name. (The company that is on his business cards.)
Blech, not cool. You don't have to be a Realtor to practice real estate, but gosh, it sure does lend to your credibility. It's too bad such a promising buyer got hooked w/such a goof ball sales person.

[May27JnJ]

May ~ Is your contract on your new property contingent on financing still? Would you qualify if your old house does NOT sell? If not, that's your out and you won't have to worry about carrying two mortgages.

Our contract on the new house has a closing date and does not specify a contingency. We would still qualify, but we would need to take a line of credit out or something to pay the down payment and pay off the debt that we had planned on. Then we'd have to look into renting the house we're trying to sell.

[May27JnJ]

Blech, not cool. You don't have to be a Realtor to practice real estate, but gosh, it sure does lend to your credibility. It's too bad such a promising buyer got hooked w/such a goof ball sales person.

No joke!!! :rolleyes: The other day she even went to his office to get the inspection paper work so she could get it to where it needed to be in time. He ended up coming to the office before she left with it and told her he'd take care of it.

[May27JnJ]

Good gosh what a mess!!!!!!!!!!!!!!

[Rose]

but if her agents finds out that we've said anything to her about switching he can take my agent to court.

Which is why it's really not appropriate for you to be going to the buyer's work or talking to them about getting another loan/agent. If the contract is not being fulfilled then it should be cancelled, you should not be trying to work it out yourself with the buyer. It's sad for the buyer, but you are putting yourself in a bad position.

[May27JnJ]

Which is why it's really not appropriate for you to be going to the buyer's work or talking to them about getting another loan/agent. If the contract is not being fulfilled then it should be cancelled, you should not be trying to work it out yourself with the buyer. It's sad for the buyer, but you are putting yourself in a bad position.

Very true. I guess we're just being too nice and trying to be helpful. We really shouldn't be. We've been first time homebuyers before and understand that if she's never done this before, then she wouldn't know what's supposed to happen or go on. Lucky for us, our realtor helped us and explained everything to us.

I guess we just figure if her realtor won't help her and explain things to her, no one will.

Oh well. We'll just go with the flow and see what happens.

[Rose]

Hopefully she'll learn when she asks her agent why she isn't in contract anymore. He'll have to explain it to her. Good luck getting it sold!

[May27JnJ]

Appraisal is tomorrow. We'll see how it goes!

[May27JnJ]

You have GOT to be kidding me!

Last night I got a call that someone wanted to look at our house. So I hurried and got everything straight. They came and put a contract on it. They want to close the end of this month. They want to buy it for the asking price and us pay closing. (However, it's less closing than what the first lady wants us to pay which is nice!!) Grrr!!! Where was she last week?

Right now we have to wait for this appraisal today. The lady that came last night even has a "normal" loan.

[udsweetpea]

Good!!!!! I was hoping someone else would come along for you!

[hmbay]

Yay. Take the new offer. Since the first agent and buyer are so disorganized I seriously think you do not have to honor their purchase agreement.

[May27JnJ]

Thanks udsweetpea!! You and me both!!

The only thing, hmbay, is that we've already gotten this far. I don't know how it can be done legally. ??

[May27JnJ]

So it's looking like the appraisal is going to ask us to fix some stuff. This looks like our window to get out of the contract. We'll see what happens.

[udsweetpea]

Why would the appraisal ask you to fix stuff?

[May27JnJ]

Why would the appraisal ask you to fix stuff?

Because it's a government grant and the house has to meet certain standards from what I'm hearing.

[udsweetpea]

Oh ok... I didn't think the deal was still going through with the FHA loan.

[loving624]

May - The actual appraisal shouldn't ask you to fix things. Even if it is a government loan, all the appraisal has to do is the house HAS to appraise for the selling price. The actual inspection should be what tells you to fix things.

I've been reading along but I think I missed some - did you take the contract for the 2nd person and just not honor the 1st person's contract?

[May27JnJ]

Yeah. Everything is moving, but VERY slowly. If they ask us to fix some stuff, we're not going to be able to. So we'll have to ask to get out of the contract.

[May27JnJ]

May - The actual appraisal shouldn't ask you to fix things. Even if it is a government loan, all the appraisal has to do is the house HAS to appraise for the selling price. The actual inspection should be what tells you to fix things.

I've been reading along but I think I missed some - did you take the contract for the 2nd person and just not honor the 1st person's contract?

No, the 2nd person is a "backup contract."

We were told that the house has to meet the standards of the loan she's getting. There were two guys that came out and did the appraisal. One who was just a regular appraiser, and one who worked for the loan/grant company (RHA?) They told us that we may have to fix some things for her to get the house. They told DH that they were appraising our house as if everything is fixed...what is that about? :confused:

[loving624]

That is weird May. I have never heard of that. I assume if it is an older house then yes things have to be up to standard or up to a certain code in order for the FHA loan to go through, but again, I still think all of that should be stated in the INSPECTION, not the appraisal.

[May27JnJ]

Well, her realtor had told us that the appraiser was supposed to come to the inspection, but he forgot to tell the appraiser about it. Go figure!

[udsweetpea]

I just asked the broker this question since I've never dealt with a government loan, and the appraiser who went out is an FHA appraiser/inspector, and those things need to be fixed in order for the loan to go through.

Have you still not received a pre-approval?

[May27JnJ]

No, we got her "acceptance letter".

Our house was built in the 50's and it does need some things replaced. But we can not replace the things they pointed out. We're already forking out money for her closing and we went down on the selling price for her.

[udsweetpea]

You can get out of the contract if neither you or the buyer can fix the repairs.. just got that clarification from the broker.

Does the acceptance letter say how much she can afford?

[May27JnJ]

I'm pretty sure it does. My realtor said that she has everything she needs. So I'm guessing it shows what she can afford.

The appraiser told us that we won't get the appraisal back for, up to, 10 days. So now we're just waiting.

Thanks for answer my questions. I just don't know about all this stuff. And it's easy to ask on here.

[loving624]

Yup, the contract can be null and void if the repairs cannot be made.

[May27JnJ]

Now if that happens. We send the contract back to them saying that we're getting out. (of course it will sound better since our "R" will be writing it.) Do they have to say ok to it?

[mamax2]

Now if that happens. We send the contract back to them saying that we're getting out. (of course it will sound better since our "R" will be writing it.) Do they have to say ok to it?
If you are unable to make the house qualify for the FHA loan and your Buyer is unable/unwilling to do so either, the contract will become null & void. There's nothing they can 'object' to about it - either the gov't gives her the $$ or not and the gov't won't give her the money unless the house meets certain criteria. These loans are very uncommon in my area, but that's my 'book knowledge' of the situation.

[loving624]

May - do you have your contract with you? What does it say about the repairs?

[May27JnJ]

I do not have the contract with me. We don't know what the appraiser has said about the repairs yet, b/c we were told it would take up to 10 days to get the information back.

[loving624]

That's right you said that, sorry. :)

For now, it's just a wait and see game to see what they end up saying. Then you will have to see what happens. Ugh, I hate wait and see games!!

[May27JnJ]

That's right you said that, sorry. :)

For now, it's just a wait and see game to see what they end up saying. Then you will have to see what happens. Ugh, I hate wait and see games!!

That's ok! :D

I hate wait and see games too! But it looks like that's the game we've been playing since the contract was sent. At least we have a back-up contract so either way, we'll be able to sell the house and won't have to worry about two house payments or renting it out!

[udsweetpea]

How's everything going?

[May27JnJ]

How's everything going?

Funny you ask today!! We got the appraisal back. They want us to fix/repair/replace about $10,000 worth of stuff. Even dumb things like refinishing the kitchen door! What? It's fine!! So we refused it.

Now we accepted the back-up contract and it looks like we'll be closing in 14 days! :eek: Wow! I haven't packed a thing! She doesn't seem to want to do a inspection on it. She liked it so much she said she just wants to move in.

We did have another showing today. (Before we found out the above.) And my realtor received a call from another realtor saying she may have 3 people interested in the house. Well too late! We're perfectly happy with the contract we have on the house now, so we're sticking with it. Now we just have to find out if the people who's house we're buying might be able to close early. If not, it's back to my parents house for a couple of weeks.

[hmbay]

Congrats on getting rid of the first offer and accepting the 2nd! Good luck packing!

[May27JnJ]

Congrats on getting rid of the first offer and accepting the 2nd! Good luck packing!

Thanks! It's just funny how things work out!

I packed a little this weekend. I still have over half of the house to do.

[MrsBeckyLP]

Oooh ... congrats! Now you can get into that new house and get to work on that landscaping! ;)

[May27JnJ]

Oooh ... congrats! Now you can get into that new house and get to work on that landscaping! ;)

Yep! Yep! Thanks for all the tips! They're great!

We just found out yesterday that the people who are in the house we're buying said they can move whenever! So it looks like we'll be moving out and moving in next weekend! Woo Hoo!:D

[ntexasdad]

Yes, Call your agent and have her call the Broker of the other agent. I would not have allowed you to enter a contract without seeing the letter from the lender.. you should have a clause in your contract that gives the buyer a certain amount of time to get approved.

[loving624]

That's great May! Congrats! You will be moving the weekend after me. Good luck packing!!!

[May27JnJ]

Thanks Loving! We just found out last night they've already changed out closing date to April 6th. So that will give us a little more time to pack!

[loving624]

Oh good. That will be easier on you then!

[May27JnJ]

Oh yes! I just hope that date sticks! When we bought the house we're in now, the closing date changed to everyweek for a month. "It's going to be this Friday...No this Friday...Oh really it's this Friday." Ugh!

[May27JnJ]

So Friday we found out that the underwriter for the people who are buying our house want us to give them an itemized list with receipts of what we've done to the house. Now why do they need all of this when the appraiser said it appraised for the selling price +?

The comps in the area match up. Could it be b/c we're making quite a bit of money off of our house in 11 months? Do they think it's a flip? I just don't understand how this can hold things up when everything is right there.

[May27JnJ]

Well I wrote my list this morning. We'll see what they say to it.

[May27JnJ]

They're closing on our old house today. We're still waiting to find out when we're closing on our new one. We moved everything that was left over from the weekend last night. One down, one to go.

[udsweetpea]

Yay! Congratulations! That must be such a relief :)

[May27JnJ]

Oh yes it is! Now we wait to close on the new house!

[MrsBeckyLP]

Oh yes it is! Now we wait to close on the new house!

Congratulations. I'm sooooo envious!

[May27JnJ]

Living with my parents again would probably make you not so envious! HaHa! :D

[May27JnJ]

We're supposed to close on the new house today! I'll believe them when I see the paper work!