Well ladies...I have crap news. I got a call from my realtor last night and she said that the realtor that bought our condo called and said that his buyers did not have financing. So you might ask, who would sign off thier own condition stating they must have financing when they don't??? Well, they did. Apparantly they have 15 other properties with mortgages. They signed a legal document stating they had financing on March 10. And waited until yesterday (when my lawyer phoned their lawyer to find out why they hadn't signed the transfer docs yet) to say they lied...now, I am pretty sure there is legal recourse. I phoned my lawyer right away as they wanted us to sign an amendment to allow the son to take over the agreement. They put $10,000 down so they'll lose it if they don't figure out thier financing. So the son is trying to get approved and because they have 35% down they don't need to have the mortgage insured (CMHC for you Canadians) and so they HAVE to do an appraisal....so the appraiser is coming today. Hopefully this means that they are ClOSE to getting approved, but my lawyer advised us to sign NOTHING until we have PROOF of financing for the son. And my broker said he can find out for us by simply knowing the name of the bank for confirmation.
Let this be a lesson to you all. NEVER trust a mere document. See the paper work yourself. Although this is a very rare anomoly, I am proof it does happen. My lawyer said she'd never seen this before, however. It was THIER condition!!?? The onus is on THEM to get financing. What a bunch of losers. At the end of the day, however, I just want the condo GONE. I don't want to Dic around with a legal fight. If that son can come up with the $$ then I'll sign the amendment and get it out of my hair....
Worst case scenario is that the deal fall apart and they lose the $10K. 1/3 goes to the realty company, 1/3 to the realtor, 1/3 to us. But our realtor said she'd give hers to us...so we'd get like $7K and have to pay for 2 mortgages until it sells. How much would THAT suck.
Anyway, I also got pissed at my nieghbours and phoned the cops on them last night. I can't listen to "what is love? baby don't hurt me dont hurt me no more" at 11pm one more night. Or their loud sex during dinner either.
GAH!!!
Someone cometell me something happy....!??


