It seemed a little too easy when the folks at Citibank agreed, so easily, to let us sell off some property to pay off dad's balloon payment. A week later we got the notice they sold our mortgage, and that felt more in line with how things tend to go in our world!
It essentially put our plans to sell the lots in the front yard on hold. Now we are in the process of working with "Mr. Cooper" our new mortgage company, to get permission to sell off the property. We've had a survey completed and are just waiting for the results, so we can move onto the approved appraiser. Then, fingers crossed, Mr. Cooper will sign off on letting us list the property.
Dad just entered into a forbearance agreement with Macatawa bank, that laid out all the dates for when the land had to be listed and so on, right before the mortgage sold. All of those dates have been pushed back, but thankfully they have been willing to work with us so far.
"This Too Shall Pass"
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