Tuesday, June 23, 2009

Lima House Update

We have not closed yet. The buyers loan is not ready yet. It finally got out of underwriting at the bank and has gone on to get approval from the Government for the USDA loan. Our agent is estimating 10-14 days from last Friday. We are crossing our fingers it goes through quickly.

They buyer is now pushing very hard to get us closed as they are scheduled to be moved out of their apartment tomorrow and have scheduled a graduation party at our house for Saturday. OOPS... I don't think either are going to happen. They asked to move in early and we turned down that offer unless they could fork over a large amount of money as earnst money to ensure they will close- which they don't have. So they are in a bit of a pickle which will hopefully put pressure on them to push the loan through faster.

We just signed the extension on the closing for on/before July 4th. We are hoping to be closed by next Friday... Keeping our fingers crossed.

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