14 November, 2010

House closing and financing Taking its Toll

A closing date was set, Friday November 5th but then at about ten am the realtor called saying that Utah Housing needed some more paper work and that we would have to wait and close on Monday at the same time.
So Monday comes around and I am calling the Lender to make sure that the paperw ork got to Utah Housing and that we are good to go, nope the paper work just got there on Monday so we are going to close tomorrow at the same time he says.
So then Tuesday comes, I wake Paul up at 3:30, 30 minutes before we are supposed to be there and we are getting ready to go. Then we get a call, from the lender saying that the Title Company is charging more than what was written on the Estimate and so legally we have to wait 24 hours after that to close in case we want to contest the charges, SERIOUSLY, UGHH!!
So Wednesday comes around Paul's phone had died earlier in the day, I didnt think much about it people usually call my phone. But at about 2:40 I check our email, the title company had moved up our closing time to 3:00 instead of 4:00. They had called Paul's phone and left a message earlier in the day but we didn't get it. I called the lender told him we got his email and that we might be a little bit late, our daughter gets out of school at 3:00. So we hurried and got ready and picked up Alona early from school. All the paper signing went great and taking the kids proved to not be too difficult, there was a huge basket of toys and drinks for everyone. The realtor even had one of those fancy phones that plays movies so the boys enjoyed Donald Duck for a minute! So We CLOSED on the house!! BUT THIS DOES NOT MEAN THAT WE HAVE THE HOUSE :(

In order for financing to go through we need to have a stove in the house. When the appraisal came back on October 12, the appraiser said the home needed a stove. On November FIRST the other realtor ordered the stove, she said that it was supposed to take 7-10 days to get here. Why she ordered it, I do not know, maybe it is just the way things work with FHA loans/ Fannie Mae property. But anyway it has been 13 DAYS, It is Now November 14 and there is still no stove in the house. Financing will NOT go through until there is a stove in the house. On the papers that we signed at closing it says that settlement date is set for Monday November 15. With the funding process not even started that is not going to happen.

I am starting to lose it, starting to get very down and losing hope. I can only hope that the realtors will pull through and get the stove in the house so that funding will go through. I started to think of our last failed attempt at purchasing a home and hope that this one does not fail, I mean jeeze all it needs is a STOVE!!!!

1 comment:

Mandy said...

:( I'm sorry it's been so stressful for you! I hope that it will work out well... Would the other realtor be able to get one from a Maytag store or something? That really sucks... :(

It'll all be okay... It'll all be okay... It'll all be okay...

**HUGS!!**