Definitely sold condo this time

well we never closed this week. The bank pretty much screwed us over big time. Just before they were going to send everything over to title our lender calls us and said "well they are about ready to send the docs over title, but they increased the interest rate and the downpayment." The interest was at 5.75% and the dp was 5%. They raised the the I.R. to 6% and dp to 10%. I said," how is that possible? Are they allowed to do that? What is the dp amount we need to come up with?" They told us 19,000 $. "I said " Are you crazy?! Darin we can't do that and we won't do it. We don't have 19,000 dollars. I thought you locked the interest rate at 5.75%." Well apparently he didn't. He told us he did and he didn't.

So, now what we are doing is going with our realtors lender. We are fed up with the the bank. I don't know what they are doing. All I know is somebody dropped the ball somewhere and is lying to us and they won't own up to it. It makes me very angry that this happened. We need to be out of our condo this week on the 29th. The bank is still doing whatever it is they are doing to get it closed, but Mike and I already decided that we are going with the other loan no matter if the bank happens to get it done first or not. We are saving a lot more money with the other one anyway, and will have more $ in our pockets when it's done. We asked the sellers for a 3 week extension and we had to go to the title company and sign a waiver saying they we release the ernest money we put down to open the escrow and it goes to the sellers. We'll be out 1,000 $.

We also asked the realtor if they could contact the sellers and find out if we can rent the house for the month until it closes. It's SUPPOSED to close the 14th of March. We will pay them 900.00 for the month which is pretty much the interest that they pay on the mortagage payment. If they say yes, (which they'd be dumb if they didn't cuz they need the money since they are renting an apt in california) then we move in tomorrow sometime.

When everything is done we plan on making the bank pay for what they put us through. We are going to make it public and call 3 on your side with Gary Harper from channel 3 news and make it public and tell them everything that they put us through and we are going to call Mikes lawyer and sue them. We also will be pulling all of our accounts out with them including my IRA and going to a different bank. Natalie

 

Geez, Natalie....I don't believe it, well I do but Geez Louise, what a bunch of ineptness (is that a word?) Glad you've planned to pursue exposing their deceptions, and definetly take your business elsewhere. Take notes, make a diary of what happened when and all the details, on paper so you can recant everything.
So sorry you're having such a challenge getting to your homestead....my thoughts are with you, Hang in there as best you can...one of these days it'll be in the past.

 

Natalie.. do you need me to send Vinny & Guido down there? Really, it's just nuts how idiotic that bank is and there's no excuse for it. I hope you get to stick it to them.. who knows how many others they've done this to, not excpecting the 'little people' to fight back.

 

Hey, just wanted to post an update I got from Natalie.

They've worked things out to rent the house for a month after a tremendous amount of stress and frustration with the bank and everything. The fish are over to their new home safely and they've gotten their stuff over.

 

Thanks dave for updating everyone. I wasn't sure when I was able to get on here since we had no phone or cable.We just got that up and running yesterday afternoon.

We met up with a different lender Monday and she got all our info and had us sign some stuff. I just talked with her today and she said it should go into underwriting today and there is a good chance that she'll have it closed this friday. Right now like Dave said the sellers were nice enough to allow us to rent it from them for the month, so we could at least move in.Last night was our first night there. My older dog wasn't as nervous as my younger one. He's been through a move before. Snow was so scared last night when we went to bed. He snuggled up next to me as close as he could last night. They'll get used to it though. I think they like all the space to run around and they love the back yard.

After everything is done we do plan on sticking it to washington mutual. They will get what's coming to them and it's not going to be a fun time for them. AS soon as I get the time I'm going to sit down and write down everything that happened in that 2 week period.

Right now I'm just glad that we are in and the house should officially be ours either the end of this week or sometime next week. Natalie

 

we signed yesterday and it should hopefully be recorded sometime today. We will officially be the home owners sometime today.

 

hoorah!

 

We're so glad that you finally are getting things settled there.

 

Thanks guys

 

WHEW!!!!!!!!!! glad you're in your home. We used to have WaMu for awhile, (our prior mtge. was sold to them) they were AWFUL. They never got our escrow right after a year of arguing, so we went and re financed elsewhere. I'll never forget one of their employees telling me...well go ahead, go elsewhere...we're buying up lots of other companies and eventually you'll get us back again anyway!

 

Yea.. with how dumb their commercials are and full of such happy customer service, it figures that they're a complete opposite of that.

:;bb to wamu!

 

Well we've never had a problem with the bank before and have been happy with them until now. I found out though through Mike's brothers friend that Chase bank will be taking them over. I guess they plan on buying out Washington Mutual.She works for Chase bank.

We aren't blaming the guy that did our loan for us. It wasn't totally his fault in fact only maybe 10% of it was him. 50% of it was the underwriting company they use and the other 40% was Washington Mutual themselves. My realtor called them this morning to see if they would do right by us and pay us the 900 $ that we had to pay out of pocket for rent on the house. She said they said," No, absoulutely not because we did get docs over to the title company on Monday like we said we would." Yeah they may have sent them over to us, but it wasn't the deal that we were originally promised. Them trying to get 10% out of us instead of the 5% full well knowing that we didn't have 10% which was 19,000 $ is just dead wrong.They refuse to do right by us. The loan officer however, at least has a conscience and felt horrible for how it all went down. Our realtor talked with him and he is paying us 300 $ out of his own pocket to make up for the 900 we had to come up with out of our pocket to rent the house, so we had somewhere to live while the new loan was going through. He gave his notice to them and today is his last day with them. I guess he never got paid for it. So, he wanted to give us more then that, but since he didn't even get paid for it t that was all he could afford. My realtor felt bad for him, so she gave him the number to the loan office that we used to see if he could get a job through them and she said " they will at least train you properly and you will be with a good company."

So, since wamu decided not to do right by us we will be contacting news channel with 3 on your side with Gary harper and maybe even channel 5 also because they have that too and we will be pulblicizing wamu for the way they treated us and inconvenienced us to the point where we almost were homeless if it weren't for the sellers willing to rent it to us until it closed.I'm not sure if we can sue them. We were told that on the business part of it we couldn't really do much of anything, but we may have a case as far as the inconvenience that they put us through. Either way we will be sticking it to them far worse then they stuck it to us. As far as I'm concerned they can kiss my :;bb. I sure as heck will not be kissing theirs. They chose the wrong people to do this too. Natalie

 

I guess you needed to talk to the happy guy who isn't like the mean bankers on their commercials.. he would have made you a cup of tea and given you free checking.

 

V for Vendetta!

=D

Stick in their eyeballz! haha.

I'm in a loony mood for some reason.

 

V for Vendetta!

You got that right!