I am still waiting. My agent spoke with the lending officer yesterday and they said that all conditions were met for the loan, except one. The buyer just needs to bring in a bank statement. So I wait until Tuesday. I can’t believe this is going to (maybe) happen with all the subprime lenders starting to close their doors.
Learning what I have learned (from this site and others) since listing my property, I can’t help but feel guilty with this sale. I feel like I am prolonging the bubble frenzie that needs to come to and end sooner and perhaps that I am taking advantage of a buyer who doesn’t know better than to not buy right now. BUT, on the other hand, if this goes through and I sit out patiently for up to a year I believe, I will have a healthy (not greedy) downpayment for my next home.
My first Mantra has always been ‘Just keep Swimming’ (Dori from the movie Nemo), but these days I am saying “Que sera sera” — If all fails though, I’m going on a vacation to Hawaii with lots of tall cocktails!
