Nightmare on Camden Glen

So....buying a foreclosure is a NIGHTMARE!!! If you read my last sporadically written post you would know that the seller's agent told us that Fannie Mae was planning on making some repairs to the home that made the home habitable. We just needed to write a formal request to go in the paperwork. Then, the seller's agent we had been dealing with left town for the weekend last Thursday. Some new chicky poo then told us that if we wanted those repairs then we would have to forego the closing costs they were giving us, our agent's bonus for closing before Oct 31st, and possibly pay more for the house. Well hello...for all that you can have your house back. Then today, our original contact at REO was back in the office. After 3 emails and several more attempted calls we had not heard back as of 3 pm. Today is our last day in due diligence, and we don't want to risk our earnest money to wait for her to email back. So, we went ahead and wrote up our termination paperwork, knowing their office closes at 5 everyday. As soon as we signed, Kay emailed it over. She then attempted the woman at REO one last time just to let her know that the termination of contract was in her inbox. She freaked out saying she had been working all day getting estimates for the things we were asking (that they told us) to be repaired. She said the HVAC system had already been approved for repair/replacement, and she was waiting to hear about the hot water heaters. She said she was simply waiting on a couple of signatures and we couldn't walk away now. She sent over the extension of due diligence paperwork, and we went from there.

So, Jay and I spoke 1000 times on the phone today going back and forth on whether or not to just walk. Buying a foreclosure is a headache. They want a response in 20 minutes and then leave you hanging for 5 days. Our agent asked us to trust her, saying she will get the answers to all of the things we had been asking, and then we would be able to make an informed decision on whether or not we want to walk. Not just a worn out decision.

I'm not going to lie, Jay has more faith in Fannie Mae than I ever could. I know that God has a plan for our home, I just don't know what it is at the moment. He has kept this alive the whole time, so hopefully we will have some answers this week. It's hard for me to put any trust in Fannie Mae....look who they are run by! Please just keep praying that God speaks to us this week and gives us some definite answers about what to do. All in all, it's a faith and patience game, we just need to sit tight and let both of those things go to work.