[donaldduckmoore]

Rustico, here is my situation: We put an offer back on Jan 29. We signed the addendum on Jan 30 and we were told to close on March 3. We had everything ready before that day. The seller is Wellsfargo, it is an REO. They did not send out the contract until March 10. yes, the seller did file for extension. COntingency is 5 days after they signed the contract. Since March 10, we (me and my agent) are trying to figure out where the closing instruction is and since then, we are waiting to close. There is another problem. I got an 80-10-10 laon, which will soon discontinue because the lender does not want to have that service after April 1. If we cannot close before April 1, then i will not have enough money to buy. Is this my fault if by then I want to back out because I do not have a loan? How can I retrieve the money? Are you a lawyer? Can I get your service if it really cannot close on time and I need to back out? Thank you?

[donaldduckmoore]

Dear wise men on the board, if a loan program discontinues before the close of escrow because of all the delay by the lender and people who did the paperwork in the middle, can I back out the deal and have my earnest money back?

[donaldduckmoore]

Dear wise men on the board, if a loan program discontinues before the close of escrow because of all the delay by the lender and people who did the paperwork in the middle, can I back out the deal and have my earnest money back?

[donaldduckmoore]

Dear wise men on the board, if a loan program discontinues before the close of escrow because of all the delay by the lender and people who did the paperwork in the middle, can I back out the deal and have my earnest money back?

[donaldduckmoore]

Dear wise men on the board, if a loan program discontinues before the close of escrow because of all the delay by the lender and people who did the paperwork in the middle, can I back out the deal and have my earnest money back?

[donaldduckmoore]

Dear wise men on the board, if a loan program discontinues before the close of escrow because of all the delay by the lender and people who did the paperwork in the middle, can I back out the deal and have my earnest money back?

[donaldduckmoore]

dharmagirl, I am not an agent but a buyer. The banks are willing to unload their non-functional assets, that is true. But it is also true that the banks do not have enough man-power. I am not sure what process for the banks to go through before a deal is cut, but for SS, they are really taking a long time to process. Certainly there are successful stories but not as many as failed stories.

“She made it sound like the paperwork, bank’s possible refusal, timeframe, etc. are a nightmare for most buyers and that she wants her buyers to be happy by choosing a home that they can get into and not risked being bitterly disappointed by the bank’s non-response or refusal to play ball.”

What she said was really true and that reminds me of my previous story that made me swear that I will not go through SS again in my life. She is not lying to you. The worst is that you will get highly disappointed after several months of waiting without generating nothing. You can try.

Marion, thanks for your quote. That was written by me (a buyer but not an agent). I was just telling you what I feel about SS, nothing discouraging.

[donaldduckmoore]

dharmagirl, I am not an agent but a buyer. The banks are willing to unload their non-functional assets, that is true. But it is also true that the banks do not have enough man-power. I am not sure what process for the banks to go through before a deal is cut, but for SS, they are really taking a long time to process. Certainly there are successful stories but not as many as failed stories.

“She made it sound like the paperwork, bank’s possible refusal, timeframe, etc. are a nightmare for most buyers and that she wants her buyers to be happy by choosing a home that they can get into and not risked being bitterly disappointed by the bank’s non-response or refusal to play ball.”

What she said was really true and that reminds me of my previous story that made me swear that I will not go through SS again in my life. She is not lying to you. The worst is that you will get highly disappointed after several months of waiting without generating nothing. You can try.

Marion, thanks for your quote. That was written by me (a buyer but not an agent). I was just telling you what I feel about SS, nothing discouraging.

[donaldduckmoore]

dharmagirl, I am not an agent but a buyer. The banks are willing to unload their non-functional assets, that is true. But it is also true that the banks do not have enough man-power. I am not sure what process for the banks to go through before a deal is cut, but for SS, they are really taking a long time to process. Certainly there are successful stories but not as many as failed stories.

“She made it sound like the paperwork, bank’s possible refusal, timeframe, etc. are a nightmare for most buyers and that she wants her buyers to be happy by choosing a home that they can get into and not risked being bitterly disappointed by the bank’s non-response or refusal to play ball.”

What she said was really true and that reminds me of my previous story that made me swear that I will not go through SS again in my life. She is not lying to you. The worst is that you will get highly disappointed after several months of waiting without generating nothing. You can try.

Marion, thanks for your quote. That was written by me (a buyer but not an agent). I was just telling you what I feel about SS, nothing discouraging.

[donaldduckmoore]

dharmagirl, I am not an agent but a buyer. The banks are willing to unload their non-functional assets, that is true. But it is also true that the banks do not have enough man-power. I am not sure what process for the banks to go through before a deal is cut, but for SS, they are really taking a long time to process. Certainly there are successful stories but not as many as failed stories.

“She made it sound like the paperwork, bank’s possible refusal, timeframe, etc. are a nightmare for most buyers and that she wants her buyers to be happy by choosing a home that they can get into and not risked being bitterly disappointed by the bank’s non-response or refusal to play ball.”

What she said was really true and that reminds me of my previous story that made me swear that I will not go through SS again in my life. She is not lying to you. The worst is that you will get highly disappointed after several months of waiting without generating nothing. You can try.

Marion, thanks for your quote. That was written by me (a buyer but not an agent). I was just telling you what I feel about SS, nothing discouraging.

[donaldduckmoore]

dharmagirl, I am not an agent but a buyer. The banks are willing to unload their non-functional assets, that is true. But it is also true that the banks do not have enough man-power. I am not sure what process for the banks to go through before a deal is cut, but for SS, they are really taking a long time to process. Certainly there are successful stories but not as many as failed stories.

“She made it sound like the paperwork, bank’s possible refusal, timeframe, etc. are a nightmare for most buyers and that she wants her buyers to be happy by choosing a home that they can get into and not risked being bitterly disappointed by the bank’s non-response or refusal to play ball.”

What she said was really true and that reminds me of my previous story that made me swear that I will not go through SS again in my life. She is not lying to you. The worst is that you will get highly disappointed after several months of waiting without generating nothing. You can try.

Marion, thanks for your quote. That was written by me (a buyer but not an agent). I was just telling you what I feel about SS, nothing discouraging.

[donaldduckmoore]

I am afraid that continuing throwing money to save this bank and others will eventually bleed the reserve for something really emergency in the future. Besides, if the fed will not be able to save it, it tells others that this is all the fed and the country have to save the world. By then, we will have more confidence problem. This is very risky.

[donaldduckmoore]

I am afraid that continuing throwing money to save this bank and others will eventually bleed the reserve for something really emergency in the future. Besides, if the fed will not be able to save it, it tells others that this is all the fed and the country have to save the world. By then, we will have more confidence problem. This is very risky.

[donaldduckmoore]

I am afraid that continuing throwing money to save this bank and others will eventually bleed the reserve for something really emergency in the future. Besides, if the fed will not be able to save it, it tells others that this is all the fed and the country have to save the world. By then, we will have more confidence problem. This is very risky.

[donaldduckmoore]

I am afraid that continuing throwing money to save this bank and others will eventually bleed the reserve for something really emergency in the future. Besides, if the fed will not be able to save it, it tells others that this is all the fed and the country have to save the world. By then, we will have more confidence problem. This is very risky.

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