OK I'm not really homeless but I haven't yet closed on my condo and it was supposed to happen today. On Wednesday and Thursday morning I got the bank everything they needed from me so I thought we were set. At about 10 AM today I got a phone call that information was still needed from the condo association and insurance agents. I'm not 100% sure what happened and why they were not asking for the information sooner but that's besides the point all that matters is the underwriters still need information before they'll approve the loan.
Of course my worrying gets the best of me and I start wondering whether or not this loan will ever be approved. As of now they "think" everything that has been provided that is needed but the underwriters have final say in whether or not the information provided is good enough. What completely puzzles me is that there are all these incentives to stimulate the economy and encourage home purchases but yet the lenders are making it incredibly difficult to actually purchase a place!
On the upside and surprisingly there is an upside in this, I found out this afternoon that both shipments of my possessions aren't due until August 1st at the earliest. This gives me the week to finalize things and make sure that everything is set. If the lender goes longer than Friday I really will be homeless. Luckily I have some very nice friends and co-workers and they have offered to point out the nice park benches in town for me to sleep on - some have even offered their couches! I am honestly relieved that my stuff isn't arriving until the 1st and I gave myself until the 4th at my current accommodation but I still just want everything to be finalized.