So this is from my mom, and she's dismayed because escrow is taking too long. She settled on a buyer by beginning of March. The real estate agent (who represents us AND the buyer) highly advised us to move out before April because my late dad's bankruptcy (which we kept paying after his passing) will surely be dismissed by the court soon as requested, and told us the buyer was 'a little annoyed' that we were still in our house.
We got the dismissal letter around the target date (2nd week of April), but Escrow is taking long because semantics about needing the court to 'CLOSE' the case when they initially asked and used the term 'DISMISSAL'.
We got a small place to rent in this crazy overpriced market by the 24th of March, took the L on paying both the mortgage+HOA+Homeowner's insurance and the rent for April. Coming up to May now, and there's been no email or call from escrow despite my mom trying to communicate with them. The real estate agent is trying not to make it a big deal by saying 'You'll get the proceeds/money in your account anyway once it's all done', like paying 5k per month without any proceeds and losing 6k for a place you don't inhabit isn't a big deal.
Any advice for my mom? Would appreciate it. She's overwhelmed, and my dad's usually the legal/document oriented person in the house, but he passed in 2020, and we really just wanted to move on, but it's not going well.
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source https://www.reddit.com/r/RealEstate/comments/n2b19f/socal_escrow_taking_too_long_have_to_pay_both/
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