Yesterday, despite R's appointment with Jeremy to help him study for his math final, we had to go over to the real estate office to sign papers. The bank that owns the house insisted that these must be signed immediately. As I said, there was a stack of papers a foot tall at least. And I am not exaggerating for once. The bank altered the contract in sneaky little ways designed to remove every last shred of the rights people signing a contract are usually guaranteed--for example, the right to sue, the right to get back our deposit, etc. But the real estate agent says that such is his influence, if the bank ever exercised these clauses of the contract, he would make their lives hell, and they would soon back off.
All the same, we didn't sign last night. R. wanted to get back to Jeremy, a meeting that took place fairly late in the evening, after I had already drifted off to sleep.
We are due to go back this afternoon. If the bank doesn't like it, then the deal is off. But we feel that if they call it off for this, we don't want to be involved in a deal with them anyway. It is outrageous what banks, along with Fannie Mae, the other party involved here, are pulling on consumers.
4 comments:
Mmm, yes. And what is aggravating is that one is never done; they sell your mortgage to other companies without your permission. And on and on.
They accepted the papers a bit late, so we signed them.
Congratulations!
the other L
Thanks L.
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