<p>I just thought I’d go ahead and paste in the realtor’s letter of the 17th. I understand “how can you have a pre approved mortgage without a contract?” so perhaps someone can explain this stuff about Homestead Funding:</p>
<p>Dear C</p>
<p>Yes - some questions for me and some for I.</p>
<p>When it comes to the contract, I will be following up with the other attorney to see when the contracts will be returned. Then you will be asked to meet with him and sign for A It is not unusual for this to take a week or more:
Contract from I to Buyer’s attorney
Review by buyer’s attorney
Questions handled between the two attorneys
Meeting with buyer and his attorney to sign
Return of contracts to I
Meeting with you
Then contracts will be complete.</p>
<p>C - we do know about the buyer. It would be easy under your circumstances and all the decisions to be made that you didn’t realize that attached to the offer when we met with A was a pre-approval letter from Homestead Funding showing the buyer’s ability to pay for the home. He will be putting down a deposit of $7,700 when he signs the contract.</p>
<p>The closing date does not revolve around the soil test results. The closing will be scheduled by I when ALL the necessary paperwork including the mortgage approval, title search, soil test, etc. are all ready. Luckily all these things are being processed simultaneously so they should come together about the same time.</p>
<p>Yes - we all realize that time is of the essence - and some things just can’t be rushed. We will all do our best to keep things moving. The buyer is anxious as well.</p>
<p>Hope this clarifies the process.</p>
<p>(end of letter)</p>
<hr>
<p>I got up very early this am and had a reply to my note of last night asking politely for an update from the attorney and realtor. The attorney replied last night that the buyer’s attorney was not returning his phone calls this week and would the realtor please follow up with the buyer’s realtor.</p>
<p>So at 6 am I sent the attorney and the realtor a careful, tactful, but strongly worded letter about how the circumstances compel them, if I could politely advise, to bring this sale to a close asap, and that the contracts be signed at the very earliest possible opportunity</p>
<p>I mentioned in my email how in 1985 when my husband and I bought our first house, the buyer’s attorney included in the contract the words that “time is of the essence” and, in this morning’s email, I urged the pair to make it clear to the buyer’s representatives that in this case, time is of the utmost essence.</p>
<p>jym626, the letter from the oil tank is absolutely clear in stating that the DOE (the appropriate authority, I’m not sure exactly what the name is) says the soil is uncontaminated. The attorney and realtor will get a copy of that letter today and I’m sure fax it to the other parties.</p>
<p>Should I bother to look at whatever site it is to see that the spill results were removed or whatever?</p>
<p>So wish me luck. Hopefully things should start stirring.</p>
<p>Thanks to those who talked about the moving company rules and issues, very helpful. LF, I think it was you who did special research to show that discounts are not possible. So it will be interesting to get the moving agent’s reply to my somewhat odd email.</p>