Painful House Closing…

[jimmy1977]

I agree at this point I am considering it water under the bridge. Things happen fortunately was not very expensive (! 800 bucks) The new escrow company has been on top of things. They already sent us the title report without us asking for it 🙂 . so I am really hoping this one goes through.

—
Jimmy

[bearishgurl]

[quote=jimmy1977]Hi BearishGurl

Thanks for your comments, after reading through you comments I am starting to think back of the sequence of events

1. We asked for the title report immediately after our offer was accepted, We asked for it three times (me, wife and agent) they sent one after 10 days which was for another property. Makes me wonder if this was on purpose. We finally got the actual one for the property after 20 days.

2. When I called the escrow company to put my good faith money, the escrow company didn’t seem very interested.

3. When we asked the agent how many months the seller was behind, after a week or so they said 6 months.

4. When we were waiting for the loan pay off paper work. We had to send an extension, the sellers never signed and returned that document.

All these makes me wonder. Anyway I cannot fire anyone 🙂 just my issues. So I asked my real estate agent if we can keep looking at properties. I am glad to announce our offer got accepted for another property.

It has been three days, I checked the San diego county tax offices to be sure the taxes were paid – they are. The seller sent us the termite report immediately on acceptance of our offer. The escrow also sent us the title report (for the right house :)) no liens at initial glance. So went ahead and cancelled our contract with the previous house. Too bad we couldn’t get our 3.63% interest rate.

This property feels right to me, no weird liens or tax issues.

Thanks again everyone for your answers. I really appreciate the help.

—
Jimmy[/quote]

Jimmy, the fact that you obtained a termite report AND your PTR in a very timely manner after your current accepted offer speaks volumes as to how your new sellers have their sh!t together and to the degree of their seriousness and motivation to sell. Finally, your agent saw the light and realized you wouldn’t put up with any BS and being made to feel like a second-class citizen. (Buyers are fully one-half of the equation of a transaction, btw, for the benefit of any seller-oriented Piggs reading this). Any serious seller worth their salt in CA will have all their termite work COMPLETED prior to listing their property for sale and their pest-control report and/or guarantee available for viewing by prospective buyers.

I wish you the best of luck on your current escrow, Jimmy, and I am surmising you received your earnest-money check back in full from the listing broker of your last (nefarious) escrow. Keep up your due-diligence mindset and don’t let ANYONE (not even your own agent) pull the wool over your eyes.

[Author]

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