We’ve hit our first snag in the sale of our house. It looks pretty humongous from where I sit now, but I won’t really know if it was a speed bump or a brick wall until the end of the day, or possibly tomorrow morning. It is our buyer’s financing.
He thought he was set. Originally pre-approved for somewhat less than he offered us, he (and our realtor) had gotten verbal assurance from the mortgage agent that the extra would be no problem at all; he bid on the house with that understanding, and we accepted his bid on that understanding. Now, when the written response comes back, “no problem” has become “big problem”. He’s trying other avenues to make this work; he really has his heart set on our house. That’s a 24 hour scramble – for him.
For us? Well, the realtor, bless her, has been around the block a time or two, and didn’t take the house off being shown until she had the written commitment from the lender in her hot little hands. The result of that is that she had a couple of folks in queue who had said “call if anything changes”, whom she has already called. It was a short enough time that they might still be interested. We shall see. Things blew up late yesterday afternoon, so it’s simply too soon to know what will happen. But what seemed a sure thing, with the end in sight, is now wavering in the winds again. I guess the course of true love isn’t the only thing that never runs smoothly.