Homebuying times and in law … it is a mess?
I’m no stranger to buy foreclosed homes for investment, but I’m in a business that really launched for a loop walk. I have an offer on a property owned by the bank that has been cut and placed on the market from I to 2 years (red flag # 1) Go. I told myself, I am nothing to offer and see what happens. The house is valued at $ 269,000, but conservative, there is a house 200-220000 $ this market, where I live. I offered $ 110,000 for fun and I was surprised to be countered at $ 115,000. I took the case and gave them a deposit $ 1,000.00. The purchase agreement was signed, I wrote of “the seller …. We do not know that … not only readable lines untitled pile that included the signature (red flag # 2). The deed holder is a bank in New York. They gave another company, filed the pledge to another company that apparently come to the statement signed on his desk. I have a personal contact with this company and she said, “we can close” but … “LIP”. You do not know who to sign for this place!. My banker has requested a copy of the bill to a committee of credit (loan) to present . They say they will do so by fax, but never. I do not understand how they think we can close, if not someone with authority. The term was to attend the closing, but I threw not the context in which they spoke. Does anyone know any of this sound?