Is anyone familiar with how Countrywide Home Loans handles escrow closings?
Wednesday, July 9th, 2008
dizniac asked:
Escrow was scheduled to close on 04/15/08. As of today, it hasn’t. On the 15th, we received a phone call from Countrywide at 7 PM, stating that my wife & I needed to have an account showing 5% of the purchase price. Has anyone ever heard of this happening on the day that escrow is scheduled to close? Isn’t this particular request something that should have been brought to our attention prior to escrow starting?
Jennifer
Escrow was scheduled to close on 04/15/08. As of today, it hasn’t. On the 15th, we received a phone call from Countrywide at 7 PM, stating that my wife & I needed to have an account showing 5% of the purchase price. Has anyone ever heard of this happening on the day that escrow is scheduled to close? Isn’t this particular request something that should have been brought to our attention prior to escrow starting?
Jennifer