Friday, November 03, 2006

If you buy a foreclosure, get an experienced agent!

Well more modifications to our plan are in place, but we would have planned the right stuff in the first place if our agent knew more about dealing with a foreclosure. She's nice and wants to learn, but it leads to a big of frustration when we are told one thing for several days, only to find out 24 hr before an appt that actually she was wrong, there isn't a chance in hell that the seller will let us turn the busted water system on (which we thought was odd to begin with) so we have to cancel the water softener guy and the final inspection by our inspector team. I go from having 3 appts today to just one. And now in order to have the water tested, we have to go to a completely different guy and we have to get the survey so we can locate the well. And I'm still unclear on how we have the septic checked out, but I'm letting that one go for today because I can only focus on so much!

I'm just thankful that our lender and our lawyer are experienced with foreclosures, so if something our agent says doesn't sound right to them, we know to have her double check what she's saying and get the correct information. With luck, our paperwork will come back from the seller today and we can have our lawyer go over it and sign off on it. After that's done, he gets started on the title, abstract, survey, etc.

0 Comments:

Post a Comment

<< Home