Real estate is never dull. That much is certain.
When buying or selling a home, the exact date that a home will close can sometimes be a bit of a moving target.
We had a closing today that had been previously delayed by the lender but was finally scheduled for this afternoon. So, I met with the buyers and performed a final walk-thru of the home. Then we headed to the attorney's office for the closing.
We arrived at the attorney's office at 3:00. The paperwork hadn't yet arrived from the bank. Thirty minutes later, the paperwork arrived but needed to be changed. Thirty minutes later, another change was necessary. This went on for a while.
At 6:00, three hours later, the attorney told us all to go home. The bank just could not get the paperwork together, and they still had not wired the buyers' funds to the attorney. We were not destined to close today.
So, we went home. A little tired and a lot stressed. Buyers were upset. Seller was upset. Agents were upset. We shall try again tomorrow. The attorney promises that tomorrow will be quick and painless.
We'll think good thoughts...
Don Fabrizio-Garcia, REALTOR
Real estate sales and appraisals
Don, keep that positive mental attitude and good luck today! (Click your heels together three times and say 'We will close today, we will close today...)
Hi Laura - I'm clicking my heels! I just feel so bad for the buyers - they were planning on spending their first night in their new home last night. Hopefully tonight. Still thinking good thoughts...
Tomorrow has come and gone, and I hope it came and went successfully.
Russel - we closed the next morning, after a night of anxiety for the sellers and the buyers. Darn bank just didn't want to part with their money for some reason...