We are supposed to close @ 2pm but...

nov2004bride Posted: Apr 29, 2005 10:09 AM

We are supposed to close @ 2pm but...

The banks computer system went down and they can't wire the money!!!!!!! I am so pissed off right now. If it would have been on Tuesday like it was supposed to be we would not be having this problem They told us to just wait it out. Well what else can be done

TracyInQueens Posted: Apr 29, 2005 10:16 AM

Re: We are supposed to close @ 2pm but...

That is terrible! Is there a possibilty that it could still happen today?

nov2004bride Posted: Apr 29, 2005 10:19 AM

Re: We are supposed to close @ 2pm but...

Posted by TracyInQueens

That is terrible! Is there a possibilty that it could still happen today?

I hope so. All of our stuff has been in the house since Wed. And we have no where to live They have computer people working on it now

shamrock12472 Posted: Apr 29, 2005 10:41 AM

Re: We are supposed to close @ 2pm but...

I have heard of banks doing this on purpose so they can hold the money over the weekend and earn interest. They don't need a computer to wire out movey because it moves through the Fed Reserve and can be done over the phone. I think the bank is trying to hold on to your money to earn interest, not because their computers are down.

DjPiLL Posted: Apr 29, 2005 11:00 AM

Re: We are supposed to close @ 2pm but...

Crap like this would annoy me bigtime... especially being in a computer background.

Bank's computers are NOT SUPPOSED to go down. Do you realize how much money a bank would lose for every hour their computers are down? THOUSANDS!

nov2004bride Posted: Apr 29, 2005 11:02 AM

Re: We are supposed to close @ 2pm but...

They said they have ITC people working on it! Our mortgage broker even said he would go pick it up and they said they can't even do that There printers are down

Preshy7 Posted: Apr 29, 2005 11:26 AM

Re: We are supposed to close @ 2pm but...

Posted by nov2004bride

They said they have ITC people working on it! Our mortgage broker even said he would go pick it up and they said they can't even do that There printers are down

wow that soooo annoying!! -but i am sure they will fix it. hang in there!!! it will turn out just fine!!! just think- you will be a home owners VERY VERY soon!!!!