well our loan is still in process and the sellers decided to forget about us cause I don't blame them its taking too long. can we just pick another house with the existing loan or start over.
2007-02-08 09:21:09 · 3 answers · asked by dmastre411 1 in Business & Finance ➔ Renting & Real Estate
No - your lender was lending on that house. However you now know exactly what you will qualify for and have all the BS out of the way. Find a house in your price range and the loan will go through faster as long as the house appraises for the price.
2007-02-08 09:26:53 · answer #1 · answered by justwondering 6 · 0⤊ 0⤋
Unfortunately you'll need sto start over. Perhaps you can work a deal with your mortgage company, though, to waive some of their fees on the second place you choose.
Good luck!
2007-02-08 17:24:57 · answer #2 · answered by Wendy S 4 · 1⤊ 0⤋
If you had a purchase and sales agreement this would not of happened.
You should hire a realtor
2007-02-08 17:31:53 · answer #3 · answered by frankie b 5 · 1⤊ 0⤋