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    June 10, 2010
    Still Waiting for the “Clear” Signal

    Until I hear the words, “We are clear to close” I remain guarded with jubilation over someone’s real estate purchase.  I have two closings tomorrow – one we got the clear about six days ago for a HUD purchase (which require five days before they can close) and the other… we’re waiting.

    The chief underwriter threw a wrench in the machine today when they need the soon-to-be-ex-husband to send just one more hand-written, signed letter.  Then we’ll get our clear to close.  Meanwhile because this is somehow a pivotal time for closings (no one wants to risk waiting until the end of the month and subsequent danger of missing that June 30th closing deadline for the first-time homebuyers tax credit), we have 46 other closings occurring from one lender’s underwriter.

    So our fingers are crossed that – somehow – we’ll have a miracle and can close tomorrow afternoon.  Normally it wouldn’t seem like such a big deal, but when a single Mom and her three-year-old daughter have to be out of the apartment by Sunday, it’s a huge deal.

    Cross your fingers!


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