Judy Graff's sublime-to-the-ridiculous (well, mostly ridiculous) take on real estate for east San Fernando Valley and North Los Angeles communities. This includes Hollywood Hills, Burbank, Studio City and Toluca Lake real estate and homes for sale, and also covers Valley Village, North Hollywood, Glendale, Atwater, Highland Park, Silverlake, Sherman Oaks and other L.A. areas too. General news and musings as well.
Showing posts with label Foreclosure sale process. Show all posts
Showing posts with label Foreclosure sale process. Show all posts
Friday, October 09, 2009
Friday, February 13, 2009
...And here's a status on my foreclosure escrow
I represent the buyers in their purchase of the house at right, 1101 N. Catalina in Burbank. It's a foreclosure, and here's how the escrow is going: fine, so far. My buyers had put in an offer when it was already under contract with other buyers. That first escrow fell apart at the last minute, and we had a signed deal three days later. That's pretty quick for a bank (Wells Fargo) to turn that around. Of course, it was a pretty clean offer and my buyers are pre-approved for a conventional loan. The only thing that was delayed was the assignment of an escrow company. That took 10 days when it usually happens upon acceptance. I'll continue to provide updates on this process.And by the way, there has been no word since the 5th on my refinance. GRRRR!
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