Posts Tagged “Another”

Location: California. We had an accepted deal from Bank A, who mid escrow sold their portfolio to Bank B. Bank B has been less than cooperative. We have missed the Close of Escrow date as they will not return “Sellers Cost” paper, which my lender needs to fund my loan. Can I pull out my money from the Title Company escrow account if they do not/will not perform and supply the needed form. ?? Bank A’s agent, my title company and my lender have all been trying to leave messages, no one is responding, I feel like I’m in purguratory, my wife wants to walk from the deal, sue everyone….it sucks.
To Lakerman: Bank B is located in Texas, I cannot visit their office, as I’m in California
Also…Bank “A” is currently in bankruptcy.
Problem solved with help of university alumni connection who happaned to work for Bank A…Bank B supplied the sellers HUD first thing this morning, my loan funded and I closed escrow this afternoon.

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I want to put an offer on a house that’s listed at $80k. The listing agent told our agent that 2 offers have been accepted by the bank already. 1 is obviously a backup offer. 1st offer is $80k. 2nd offer is $80k with 3% closing costs back. If I offered $95k with 6% closing costs, can a bank accept my offer? I thought I read somewhere that in a short sale the bank can always entertain other offers even after accepting others until the house is closed. Is that true?

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Four-vehicle accident claims young teacher
BY ERIC MULLENS
Car caught between two potato trucks
ALAMOSA — A young teacher in the gifted and talented program at Sangre de Cristo elementary school died when her car was crushed between two potato trucks Tuesday night on Alamosa County Lane 5.
Kelly Bergen, 25, of Monte Vista, Colo. was killed when her Ford Focus was hit from behind by a potato truck driven by Oscar Martinez-Cruz, 27, of Monte Vista and then pushed into another potato truck being towed by a tractor.
Martinez-Cruz was arrested and charged with careless driving causing death, driving a motor vehicle without a valid operator’s license and failure to present evidence of insurance. The operator of the second potato truck, Miguel Ramirez, 54, of Greeley, Colo. and the driver of the tractor, Bernardo Garcia, 55, of Hereford, Texas have not been charged in the accident.
Martinez-Cruz is currently being held at the Alamosa County Detention Center on charges related to the accident. Immigration and Customs Enforcement Special Agent-in-Charge Ed Tolbert of the Alamosa ICE office, confirmed Wednesday that Martinez-Cruz is an undocumented Mexican national working in the U.S. illegally and the agency has placed a detainer hold on him.
Colorado State Patrol Trooper Travis S. DePriest investigated the accident that happened around 7 p.m. Tuesday on County Lane 5 North, about one-tenth of a mile east of Alamosa County Road 102 South. According to the trooper’s report, all four vehicles were westbound on County Lane 5 North with Bergen’s Ford behind Ramirez’s potato truck that was being towed by the tractor driven by Garcia. As Bergen’s car approached the truck and tractor it was hit from behind by the truck driven by Martinez-Cruz and pushed 106 feet, rotating clockwise in front of Martinez-Cruz’s truck. Both the car and truck then slammed into the rear of the truck being towed and pushing it into the rear of the tractor. The tractor left the right side of the roadway and struck a power pole and came to rest in a field facing northwest. Bergen’s car came to rest in the westbound lane of County Lane 5 North, facing north and still attached to the front of potato truck driven by Martinez-Cruz.

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