Thursday, August 27, 2009

Down to the wire....

Things are really coming down to the wire. I just spoke to Cheryl our escrow officer. This was the first time we had made contact. She sounds very nice & efficient. She also sounded very busy. I asked about our closing time and she said she had not received anything from our lender yet. I was a little surprised, since Rob was told yesterday that we would probably be signing papers today. Cheryl said she could not say if she could fit us in today since she also needed 2 hours of work before she could have it ready. Basically nothing can be scheduled for closing till our lender gets all the docs to them.

Apparently the end of the month is the busiest time for escrow. If you are fortunate enough to close at the end of the month, you save sometimes hundreds (thousands for some more expensive transactions) in interest and such.

Currently, I'm not sure when we are closing. But I can see the glass half full right? Yes I can. Our loan team of Steph & Mia have been working so hard and have had tremedous results in getting us through this process from the beginning back in April. I believe they can pull it out....even if it's down to the wire! We need to be closed by tomorrow and they know it. Please continue to pray for this to work out favorably for us. I'll post back when I get more info from our loan processor Steph and Mia on the status of things. Thanks for your continued thoughts and prayers. SDG LN

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