Yet Another Hitch

Yes, I know I posted that we are still on track to close tomorrow. However, now it seems we are not. When we were told a couple of weeks ago that we would have to go with the conventional loan instead of VA, we were told that the amount of the downpayment would be 5%. Because we knew we had to do whatever we had to in order to close on this house, Shaun took a loan from his retirement account for that amount. However, last week we decided to go with another bank with a lady referred to us by the seller's agent. Everything went smoothly and we finally felt like we had found someone that actually knew what they were doing. However, because of the screw-up by the people we dealt with at Wells Fargo, our debt-to-income ratio was just a little bit too high with the rental house since the rent does not count toward Shaun's income. Therefore, we had to come up with a bigger downpayment. $3000 more.

Rather than try to borrow the money from a family member, Shaun decided to return the check we'd already received to his retirement account and request the additional amount for the downpayment. We were supposed to receive the check today. Can you guess where I'm going with this??? Apparently there was a snaffoo with Prudential and the returned check was not deposited when it was supposed to be, meaning the new check had not been sent out when it was supposed to be. It was not here today, it will not be here tomorrow. Shaun inquired about having the money wired, but he was told they couldn't do that. Despite what we have been through with this whole mess, I admit I am a little surprised. I really, truly thought that tomorrow was going to be the day. I mean....seriously?!?! Is there a hidden camera somewhere? Are we being punked?

I don't think the seller's agent is too happy. Shaun spoke with him tonight and he said, "We HAVE to close tomorrow." Yeah, we know. He claims that the seller of the house our seller is buying is not going to be willing to extend the closing again. Pffft. By the time she got all her stuff out of that house and we got out of here, it would be Monday anyway! And they're gonna kick people out of homes days before Christmas?!?! Well, I'd say no one is that cruel, but I know that isn't really true. We've been screwed from the very beginning of this whole fiasco and I'm pretty sure none of the people involved care. Anyway, he said he has had some success with getting money wired from retirement accounts before and Shaun is meeting with him at 9:00 tomorrow morning. Hey, go for it, guy! We want this done and over as much as everybody else in this whole deal. We can't take anymore. We never wanted ANY of this. If it were up to us, we'd have closed on this house 2 weeks ago!!! We're decent, reasonable, intelligent people. It's pure insanity really.

So, there ya have it and there ya are. This is still not over. I don't know what will happen tomorrow. At this point, I can't care so much. I think I'm numb. Whatever. All I can do is pray.