5.24.2010
Important Info About Homeschooling & the Upcoming Election
http://journal.homefires.com/2010/05/heads-up-california-voters/
5.23.2010
The longest process imaginable.
Well, last July we received an offer for a short sale on our house in the Central Valley, which was in the process of foreclosure... If you know anything about the foreclosure process, it can take FOREVER. So, when an offer came in we jumped on it. We sent all the necessary paperwork immediately, and got a fantastic realtor to facilitate negotiations with the lender (which had just switched from Countrywide to B of A). The bank said it would take a couple of weeks because they were so overloaded with foreclosures and short sales.
Weeks go by....we hear nothing. I call to make sure everything's going through. Oh--they LOST our paperwork. Weren't going to contact us to let us know. So I fax it in AGAIN. Wait a few more weeks.... They handed it off to a negotiating company. Again, didn't tell us we should contact that company. I call that company. They need fresh copies of our paperwork. Okay.... I send copy #3 of all the paperwork. Wait some more... and some more... meanwhile our realtor is calling DAILY, asking why it's taking so long, asking to speak with supervisors, etc.
MONTHS go by without any progress. "Waiting on a person to be assigned as the case negotiator" they said. FINALLY someone get assigned. Inspections need to be done. We send keys. They sit on the paperwork for a few more months. Oops. Inspections need to be renewed. So does the paperwork. Everything needs to be current.
There are a lot more scary, frustrating details and phone conversations that happened in the process. But, eventually, we qualified for a short sale, the offer got approved, inspections went great, and we signed the papers.
10 MONTHS after receiving the offer on the house, we close escrow on the short sale. GEEZ, B OF A!!!!
Weeks go by....we hear nothing. I call to make sure everything's going through. Oh--they LOST our paperwork. Weren't going to contact us to let us know. So I fax it in AGAIN. Wait a few more weeks.... They handed it off to a negotiating company. Again, didn't tell us we should contact that company. I call that company. They need fresh copies of our paperwork. Okay.... I send copy #3 of all the paperwork. Wait some more... and some more... meanwhile our realtor is calling DAILY, asking why it's taking so long, asking to speak with supervisors, etc.
MONTHS go by without any progress. "Waiting on a person to be assigned as the case negotiator" they said. FINALLY someone get assigned. Inspections need to be done. We send keys. They sit on the paperwork for a few more months. Oops. Inspections need to be renewed. So does the paperwork. Everything needs to be current.
There are a lot more scary, frustrating details and phone conversations that happened in the process. But, eventually, we qualified for a short sale, the offer got approved, inspections went great, and we signed the papers.
10 MONTHS after receiving the offer on the house, we close escrow on the short sale. GEEZ, B OF A!!!!
5.05.2010
Can't Believe It's Finally Over
After MONTHS (I kid you not) of trying to get Countrywide (which turned over to B of A during our horrible, way-too-lengthy battle with them) to approve a short sale on our house, we FINALLY closed escrow. More to come on the process we were led through...
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