| We were supposed to acquire it today. Had an appointment for 2:30 this pm to complete the paperwork and receive the keys. However, late yesterday the mortgage company suddenly announced that we could not use our money from the school for the down payment and closing costs. The quit-claim deed for the school doesn't say what amount we were paid. (It didn't say how much we paid when we bought it, either; in both cases probably because the other party wanted to cheat on his taxes. Most people seem to think that acceptable behavior.) Consequently, the mortgage company has only our word for where we got the money. Ergo, it must be drug money.
[sigh] My honey has gone to our bank to see whether he can get a loan against the money in our account, since that would launder our money by providing a paper trail the mortgage company could accept. He also contacted our Hawaii bank to see whether he could get a loan against his IRA. They said yes, but it might not be processed in time, which is why he's now trying the local bank as well. My guess is, neither one can be processed in time for today's meeting, so we're not moving this weekend after all.
And consequently, probably not anytime soon, even assuming we are indeed able to buy the house next week (or ever). My honey's work is very, very busy this month as the product "goes live." He expects to work early and late every day and possibly weekends. In fact we were surprised he could get this weekend off, and were gladly planning to rush the move to take advantage of that.
I feel a tad fretful about "my" garden at the Folly, as the owner has now moved and I can't be there to take over its tending; but what the heck, it'll survive or it won't, and there's nothing I can do about it now. Not much we can do about any of this but wait and see. Life's like that, sometimes.
I don't see why those pesky drug dealers had to go trying to buy houses and whatnot with their unlaundered drug money, thus spoiling things for the rest of us! |
Perhaps if all else fails the seller might rent it to us for 6 months or a year, after which time the school money would have got "clean" from sitting in the bank and we could reapply, hoping that having been turned down for this loan didn't ruin our credit rating so much that even after the money miraculously got clean, we couldn't qualify.
Shows how old I am: I always thought if you had US dollars they were good for buying things. These days, however, not so much. Pesky drug dealers. Or maybe hired assassins. I wonder if that might be what we are? (If so, I guess we work cheap.)