You can bank on it. . . New HouseNews

Can we buy a house? Maybe. We set yesterday, June 8th as the day for the seller’s bank to provide feedback regarding the short sale (yes, no, or stage of process). The bank showed some progress in making up their minds, but no decision has been made yet. The seller’s attorney had all kinds of problems zeroing in on the correct person to talk to at the bank but with that mission accomplished things started moving a little. An appraisal has been ordered and all the bank needs now is a gob of paperwork and documents from the seller. This could be a problem if the necessary documents are/were in the house and therefore scattered to the seven winds. The bank was requiring work history, pay stubs, tax records, etc. Considering the house was in foreclosure… well, draw your own conclusions on that status of financial records. I’m hoping a lack of paperwork stands on it’s own as proof that the bank should sell to us. Of course, lack of paperwork might just look like incomplete paperwork and more delays. *sigh* As of this time we agreed to a two week extension. I’ll post more as I learn more.

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