Posted on: 29th Nov, 2011 10:13 pm
Hello there… I and my husband have a contract for $114,000 on a Fannie Mae owned home. We had the offer accepted on 11/21 and seller agreed to pay up to 4k in closing costs, etc. After inspection, we found the home to be in very good condition. Submitted additional docs today to loan officer, who is supposed to call tomorrow to update me as to where we are. Still waiting on the FHA appraisal, which is for some reason stressing me completely out right now. Our closing is scheduled for 12/27, so we have just under a month to go. This waiting game is the worst part!
Hi Georgina,
Due to the appraisal issues, the lender can extend the closing of the loan for few days if you request. You should contact the appraiser and the lender and discuss this matter in details so that you can close the loan within the given time.
Take care
Due to the appraisal issues, the lender can extend the closing of the loan for few days if you request. You should contact the appraiser and the lender and discuss this matter in details so that you can close the loan within the given time.
Take care