tiredmommy
Well-Known Member
We almost lost our new home the day before closing because, as it turns out, the sellers were upside down by $4K with the selling price and facing foreclosure. BOA tried to threaten to ax the sale unless we made up the difference. We refused so the bank and both realtors ate the loss. My husband is a bank employee and it still took almost 3 months to close. The mortgage market is a mess right now.