[BobKat1]

Originally Posted by Hal :-)

I agree Jane. My experience was the same until it went off-track. I came down pre-qualified with Charles Schwab and found a home I loved. They insisted I talk with Citizens who pre-qualified me at that time too. They told me the story of Schwab failing to close on time and the customer lost the home.

In the two days while I waited for my wife to fly down I stopped at BofA on 466 and learned they couldn't close quickly either. At that point, I accepted I'd have to go with Citizens, although I did resented the conflict of interest, all the interlocking directorates, and the simply fact they'd be enriched from any delay, at my expense. It didn't help that I had plenty of time during those two days to read the agreement I signed. I suspect most people don't actually read it.

In the end, we rescinded because they refused to add one simple line that said "no penalties would be assessed in the event closing is delayed through no fault of the buyer".

Some good learning here. Thanks for the insights.