Escrow Update: We have received upsetting news again. Although our escrow hasn't fallen through yet, it seems that there is a strong chance that it could. The buyer is going through a divorce (which we didn't know about) and the lender is concerned about this. The lender has put forth additional requirements that the buyer will likely be unable to meet. I didn't even know about the divorce, I thought that the buyer wasn't married because she was buying the place on her own. The buyer is going to be meeting with a second lender today. We'll see what happens, but I'm not holding my breath. I'm pretty disappointed. I wish that the loan approval wasn't the last step of escrow. By the time that you find out that the loan hasn't been approved, the escrow has already been underway for nearly 30 days. It's such a setback! And pre-approval is really a joke! Both of our buyers have been pre-approved. What a waste of time!
Well, the deal hasn't fallen through yet, so maybe there will be something positive that happens within the next few days.
Four years old! Happy Birthday to the big girl! Looking forward to seeing you guys this weekend.
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