Asked by ainghouse, 19145 • Thu Oct 18, 2012
My wife and I are first time buyers and were excited when out offer was accepted on this great Fannie Mae REO. It was very well maintained and only a few years old. That happiness soon turned into a nightmare. The deed had not been transferred to the bank yet. At first we were told it was filed and in the city's hands, that was 2 months ago. Now we are being told that they didn't even have the sheriff's deed yet. Is this even possible?
We are getting frustrated with the lack of information. Our realtor seems to care more about preserving his work reputation than getting us answers. We even called the city records ourselves and they told us nothing was submitted yet. Can someone explain to us what can cause this delay in just recording/filing a deed? We just want some peace of mind...
Real Estate in Philadelphia
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