Sunday, December 20, 2009

Settlement 2

There is more news - after a monumental struggle (which made good use of our mortgage broker's lion taming skills), we actually know, more or less, how much money we need for settlement this Wednesday (2 days from now). I've transferred the money directly to our solicitor so he can have the money ready. So now we are back to waiting..

The theory is that everyone heads on down to the vendor's place and hands over a bunch of cheques and titles and everyone goes home happy. But the cheques need to be for the right amount of money, which is not so straightforward. Especially when the company handling the transaction for the bank is in Bangalore and doesn't return calls. Seems like a good example of outsourcing blame - if something goes wrong it's not the bank's fault, it's the fault of this other company.

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