The Short Sale Shimmy (Part 2)

< The Short Sale Shimmy (Part 1)

"Act now! For a limited time, you can double your salary and quintuple your rent in only six years! Call 1-800-GRAD-SCHOOL to find out how!"

Today we learned some not-so-good news about our future home. Three weeks ago, the seller's agent was preparing the short sale packet to give to the bank. The title company helped with some documents, including the HUD-1 form. The seller's agent noticed some errors on the HUD-1 and called the title company asking for corrections. They said that their person who normally does the HUD-1 was gone and whoever was filling in made the mistakes.

The next action that was taken was yesterday--three weeks later--when Tracy called our agent to see if there was any word. We were curious because our agent said the soonest we would possibly hear back was three weeks. It's a good thing Tracy followed up, because when our agent called the seller's agent, she realized that she had failed to follow up with the title company. So nothing has been done in three weeks, there is no correct HUD-1, and the bank has not even seen the short sale packet or our offer yet.

<cry type="anguished" gratuitous="true">
AAARRRGGGHHH!!!
</cry>

The good news is that the seller is still amenable to renting the house to us, so we will probably move in on or about September 22. I have no idea when we will finally own that house, but if Hope and Change solve this problem like they are solving the rest of our nation's problems...then I'm going to need a few refrigerator cartons to build our next house.