Remember way back in September, when Val was overruled by Hick and The Pony, concerning a possible new flip house? Which, for obvious reasons, we call Cheap House. Too good to be true. Which is proving to be the case.
In October, we still hadn't heard anything about a closing date. By December, I was starting to think this deal would never be completed.
Last week, Hick went by the financial institution to take out some of HIS MONEY to buy merchandise for his SUS2.5 (Storage Unit Store 2.5) on the day he (deliberately or not) avoided bringing me home a REUBEN. He talked to Loan Officer about what was taking so long to get a closing date.
"He said they are going to foreclose. That the lady can't pay off the judgements against the property that they found in the title search. That one of them alone is over $10,000. And she ain't been callin' me about it lately, either.
Loan Officer says they have to post a notice in the paper. Then it will have to be auctioned on the courthouse steps. That's legally how they have to do it. But once they foreclose on it, the judgements go away. We can't be responsible for any money owed. That falls back on the owner who got foreclosed."
"So we might not end up with it at all? If somebody else bids more than what our offer was, that they already approved?"
"Yeah. I guess they could take the best offer."
"I'm not paying one cent more than our original offer!"
"I know. I'm not, either."
"It won't bother me all that much if we don't get it."
"Yeah. It's a good price for where it is, but I'm not changing anything we've talked about to buy it."
I called The Pony, who agrees that with it having been so much trouble already, trying to acquire this house, maybe it's not meant to be. The Pony is fine with letting it go to somebody else, rather than increase our offer.
Something else will come along. Or nobody else will want this property, and we'll get it for our previously agreed-upon (and approved) price.
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