462 Edwards Street Update

Well after four months the bank has finally accepted the offer on this property!  It is truly amazing to me that it took so long.  We have been working on this for over a year.  In December we had an accepted offer with the bank and then the Buyer backed out.  Instead of just letting us slip in a new Buyer we had to start the process all over again.  Even so, I really don’t think it should have taken Chase over four months to approve this deal as it was basically very similar to the one they had already accepted.  What a waste of everyone’s time and money.  The poor seller is still having to pay all the utilities,  insurance and taxes and such while they have been waiting for this approval.  Well, hopefully this  will all be done by the end of June.  I will keep you posted.