Tuesday, August 30, 2011

Jealous, a bit

It's been almost a year since I started my job here at Mayo Clinic and moved to the Rochester area. Shortly after moving, I put my condo on the market, knowing that I will have to do a short sale since the condo market had tanked.

I was thrilled in May when I finally had an offer and the Realtor (Brian) sent stacks and stacks of paperwork to the bank for processing the sale.  Brian told me that it usually takes about six to eight weeks before we would hear back from the bank with the answer. However, Brian had worked with this bank a lot and they had been getting the paperwork through at a much faster pace. Great news!

At the same time, two of my co-workers here at Mayo were also in the process of selling their homes. Since I knew the stress of waiting, I wasn't even sure I should mention my news. Jessie' townhome had been on the market since January or so and wasn't getting much activity while Alicia had just put her home on the market. Soon after my offer, Alicia got one and we were keeping our fingers crossed for Jessie.

A big surprise came at the end of July when I learned that the bank had lost all my paperwork and NOTHING on the sale of the house had been processed. Then we had to stress that the buyer might not be willing to wait to do the process ALL over again. The frosting on the cake: I received notice of pending foreclosure! (Bank: Short sale? What short sale?)

For two weeks, Brian struggled to get things straighten out with the bank. Even faxes were getting misplaced. Most of the month of August has been spent trying to get everything back on track and moving forward.

Good news arrived for Jessie in the month of August. She got an offer on her house and the buyers wanted to take possession within 2 weeks! Today, she's out of the office, at the closing. Alicia's closing is tomorrow.  I will admit that I'm a bit jealous.

Okay, a lot jealous.

I knew what I was getting into when I started this journey, especially considering the economy and the housing market. I am also completely aware that there are so many short sales and foreclosures going on that the people at the bank processing those stacks and stacks of paperwork are over-whelmed. I just wish it wasn't my paperwork that they had to misplace.

You might be surprised to hear me say that the people that I've talked with at the bank have been awesome, polite and understanding. Vice versa, I've decided that there's no reason for me to treat them poorly; as individuals, it's not their fault.

You may have noticed that I haven't mentioned the bank. I could use social media lambaste them, but why bother? They've treated me like a nameless faceless person. I think I'll do the same back to them.

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