Bought a house in NC, for weeks I was checking in with the mortgage guy to make sure nothing would be delayed, etc and he said "we're right on track" and "no news is good news".
We are now supposed to be closing on Wed. Dec 4, he calls me at 4:59pm on Wed night (before long Thanksgiving weekend) and tells me closing is going to be delayed because they can't get in touch with title company. Apparently they've been calling the wrong number for weeks and just now decide to tell me. I had furniture, movers, utilities, etc all scheduled for closing day or a day after. Not to mention I apparently lose thousands of due diligence money if the closing is delayed. We didn't have due diligence in the state I'm coming from so I'm not sure if there is any way around it.
I'm beyond angry, since I've been in contact with him for weeks asking if there are any issues that would delay closing so I could start working on them. I'll never use WF (or a big bank) again after this. Definitely getting the "you're just a number" feel throughout the entire process.
Do I have any recourse if we lose the due diligence money because of this? Like so many other people on here, my Realtor warned me against using Fargo for the mortgage for this exact reason, but I've been with them for 20 years and just figured it would go smooth because of my history with them.
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source https://www.reddit.com/r/RealEstate/comments/e341j5/find_out_less_than_a_week_before_closing_of/
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