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The rainbowWe didn’t close. You heard that right. Slow Bob got the new job. He started it the other day. But then his bank wanted a letter from the old job saying that they would rehire him if necessary. I know! It’s crazy! It’s unheard of! First they make him quit his job and get a new one and then they demand the old one promise to hire him back if the new one doesn’t like the way his breath smells. Slow Bob has requested a letter to this effect, but so far, the old job hasn’t coughed it up.
I’ve come to the conclusion that this is not Virginia, but I am dead and this is some alternate Virginia, the Virginia Hell, and I will spend eternity selling this house over and over again but no one will be able to get a mortgage for it. I’ll get this close and then boom! The deal will fall through!
I am being punished for leaving New Jersey in the first place. I feel guilty for leaving my daughter Jamie when she was in college and we went to Oklahoma to begin with. I feel guilty when my mother was sick and she cried for me to come back, I said I couldn’t. I should have at least lied! Everyone always knocks New Jersey, including the ones who live there. I thought it was going to be so great here. I’ve learned there are good things and bad things about every place. But there is no place like home.
Flying monkeysI need my ruby slippers! Or a bank that really wants to make a loan!
20 comments:
This is the most ridiculous thing I've ever heard. Isn't there another bank somewhere who doesn't have flying monkeys running the show. I can't even imagine how upset or angry you must be with this latest development. You do need ruby slippers and click your heels three times, hell make it six times because you need more luck than you've had in Never Never Land.
This is absurd. I once had some success rectifying an absurd business deal that was not going as planned. I sent a letter of complaint to the other party and copied the letter to the state's attorney general. Immediately the situation was cleared up. While they claimed my copying the attorney general had no bearing....I'm not so sure. Best of luck!
Erm, you do seem to be on another planet! Is it like that all across Virginia? Or just where you are??
Or could the whole of the southern US States be like that??
Wow. I don't know what bank Bob is dealing with, (BOA?) but I believe I'd be looking elsewhere. Sheesh.
I am sorry you're having such a difficult time. Life is not fair!
I have never know anything so ridiculous. Is this a big bank chain he is using?
I believe those are flying monkeys! I've heard of people having trouble getting loans but I never imagined anything like this! There must be someone you can complain to Debi.
Seriously.. what gets me most is that these requests for "additional information" always happen at the last minute! One time we were moving to California.. and packed up and headed out there ready to close a few days after arriving.. We get there and they want copies of our tax returns.. which are conveniently packed away on a truck that is somewhere between Iowa and New Mexico!
I can almost understand why the bank would want that assurance.. but they should have said that they wanted that letter in the first place! At least then, he would have had a chance to get it done.. nobody likes being pressed at the last minute!
Gilly, I think it's like this in the whole America, not just the south. We bailed out the banks, lent them our money, and now they don't want to lend any money out. I know they went overboard the last few years and were lending money out willy nilly without any thought if the person could actually afford the loan, but now they are over-correcting I think because I brought them three excellent buyers and they were rejected by three different banks for three different reasons. They just don't want to lend.
No, it isn't Bank of America or a big chain. It's a regional bank. But the last time it was a bigger bank. Doesn't seem to matter.
Supposedly, now the bank has everything it needs and is "shooting for" the middle of this week to give the final loan commitment. HOWEVER, now the lawyer is not ready and her schedule is filled till "maybe" next Tuesday. On top of that, Slow Bob is supposed to go on a cruise Saturday so Tuesday is too late. Something he's had planned for a long time. Who knew it would take this long?! So he either cancels his cruise and loses that money or doesn't close till he gets back. IF we get the loan commitment.
Qhgirl, that is infuriating. Why can't they ask for everything they need in the beginning? They CAUSE half these problems.
sorry to hear
Ugh. That's all I have to say.
You know... it sounds kind of funny that the lawyer is "sooo busy" I would think they would be really hungry for work.. and of course, if "I" were the closing atty, I would certainly go out of my way to fit you in.. even if it meant working late. They have to know the pain and suffering you have experienced as a result of all these delays! In fact, given Bob's travel situation, you would think they would be extra accomodating!.. But don't tell the lender he is taking a vacation.. they might decide to deny the loan because he spends money on luxuries..lol.
Now the lawyer is ready but the bank wants more documents. I'm getting really tired.
Virginia has proven to be the "bizarro world" just as I suspected from the begining. Don't count on anything. This is not what I know to be the norm. No offense to anyone, I just want out!Don't worry Debi, one way or another!
are you kidding me?! a letter from the old employer stating they will rehire him?! wow, now i've heard everything. that is seriously insane! this is like it's an "alternate virginia" weird!
You are not being punished for moving away. Jamie was in college and you moved long before your mother got sick. It's going to happen, you just have to accept that it will happen when it's supposed to happen, even if you have to wait a little longer than you want to. It's not your fault. You have done everything you could do. Sooner or later I know it will happen.
Whoa, and who thinks we are getting out of this economic mess anytime soon with problems such as this? Houses aren't selling but this poor man just wants to buy your house and they won't let him. This must be bizarro world, indeed! Sorry this is happening Debi. No one deserves a mess like this, especially not you.
Been thinking of getting a market
analysis done..see what our home's value is. After reading all you're
going through I'm afraid instead of "net worth" we'll learn what it's "not worth"!!! Scary thought!
Yet our family and friends back in Jrz are having their own problems too..looking to get out of their homes but can't sell them for what they were once worth. Some took hefty 2nd mortgages when banks were
giving loans away like free pens.
Some did huge reno's and are now left w/homes worth less than they're mortgages. Not to mention yrly taxes that are around 7,000-24,000 and water/sewer bills that are like having a 3rd mortgage!
People are angry up there too. Banks may as well put signs out saying:
"No Loans 'til Further Bail Out! or "In God we Trust- All others Bring CASH!" Hang in there!
None of this makes sense in my brain either. I hope, one day, that this nightmare will be a distant memory of a little bump in the road.
I ran across a blog that gave a tip regarding "Comments". I tried the fix and maybe you'll be able to leave a comment now.
BTW-Your home and property look beautiful in the photos.
Thanks guys.
Garden Girl, I hope you see this. Yours is another blog that no matter what I try, it won't let me comment! I'm reading it though! Ask Leonora how she fixed hers. It was also rejecting people for a while.
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