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Pretty much not going to happen - the buyer is pretty much out of the loop for everything. You have no right to the seller's financial situation, have no authorization, and if you did, you are likely to confuse the bank - they do not deal well with multiple points of contact.
You really don't know if the bank is sitting, if the seller is stalling, if the listing agent is lazy, and if you are not the buyer's agent, that your agent isn't ignoring any work. You are at a long line of possible problems and have only the partial control of the contract. Any one of those stages could easily be telling you whatever is a convenient story. IF you were able to get an authorization to talk to the bank, and you actually called in, they would be ticked that you want them to tell you all about everything. They would be more likely to say that you should talk to their point of contact instead of them and stop wasting their time.
Also, generally, banks are overzealous about winterizing and will break into properties where they have no right to. They can also send people who are clueless about winterizing - resulting in damage. I wouldn't be anxious to get them out there to do anything to the place. If they haven't, it is unlikely that it is close to being an issue yet.
From what I know...
The seller signed the papers immediately and they went to the bank.
There was a note on the door, I looked up the "VP" who signed it and there are dispositions from him in the robo-signer allegations. So I guess that could explain the note issue. However, couldn't they contact the title company and get a copy of the note? The house was only sold 4 years ago.
As far as winterizing goes I got a note from the agent today that the owner is supposedly going to winterize it tomorrow. It is currently 18F with a low of 2 tonight; there is a blizzard warning for the county. When I was there on Saturday there were frozen puddles outside but residual heat was keeping the house from freezing.
I won't get involved with the bank, it makes sense that would just irritate them. I'll just prod the agent more.
Thanks for the advice, I'm just getting rather annoyed with the lack of communication from the bank and needed another outlook on the situation.
Dan
joe beauchamp said:Pretty much not going to happen - the buyer is pretty much out of the loop for everything. You have no right to the seller's financial situation, have no authorization, and if you did, you are likely to confuse the bank - they do not deal well with multiple points of contact.
You really don't know if the bank is sitting, if the seller is stalling, if the listing agent is lazy, and if you are not the buyer's agent, that your agent isn't ignoring any work. You are at a long line of possible problems and have only the partial control of the contract. Any one of those stages could easily be telling you whatever is a convenient story. IF you were able to get an authorization to talk to the bank, and you actually called in, they would be ticked that you want them to tell you all about everything. They would be more likely to say that you should talk to their point of contact instead of them and stop wasting their time.
Also, generally, banks are overzealous about winterizing and will break into properties where they have no right to. They can also send people who are clueless about winterizing - resulting in damage. I wouldn't be anxious to get them out there to do anything to the place. If they haven't, it is unlikely that it is close to being an issue yet.
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