For those of you officially following the discussion on the mortgage mess, as well as the ridiculous supposition by the Founders Bank in the south-suburbs that the 8th of 8 closings still only represents 88% sold, it’s officially dead.
The buyer is perfectly qualified. And now that we’ve killed enough time, the building’s Home Owner Association has passed its one-year anniversary date, so the condo could even get FHA spot approval!
No no fretting for Your Guide. We’ll get this closed in a couple weeks.
I just wish the ***-clowns at Founders Bank might have considered letting us all know that they weren’t really interested in doing this loan sometime like – oh – I don’t know – a month ago?