Sometimes it just works out.
My friend wants to move to the Catskills after decades in L.A. We found him a house. And then he started the mortgage process.
That was June.
It’s nearly September, and he got his commitment letter this week. It’s been months of stress, fretting, phone calls and emails.
Sadly, it’s not unusual.
The COVID shutdown disrupted business, and the restart has proven to be difficult. There’s a backlog of applicants. Title searches are taking far longer than usual. We have a shortage of lawyers in rural New York, but we’ve got a huge influx of new buyers.
This week, the seller’s agent declared my friend’s contract “shaky.” The sellers were beginning to lose patience. He’d passed the contractual deadline for getting his bank commitment and they wanted to sell.
But everything shifted once that letter arrived.
Now he’s going to have to pack. And quarantine once he gets here. But he’s moving. And that, in the end, is what matters.