Good luck, tom
In the end, everyone needs to work together as a team; the buyer, the seller, the agents, and the loan officers. Ultimately, you want to get into a home and the fact that you are this far along is great. You'll be living in that house before you know it and all this will be in the past. Don't let it ruin your enjoyment of your new home.
A home inspection? A home inspection is for you to see the condition or possible defects of the property and from there making a decision if it is worth you purchasing and fixing before your 7 to 10 day inspection period.
I think it's the termite inspection and not home inspection that you are thinking about.
Why is it going to take up to three weeks to repair? Is there mold?
Your lender dropped the ball as well as your agent, if the property needed those repairs, FHA wouldn't fund until they were completed. Your agent should of advised you to request for repairs (the seller paying for the repairs).
That is lame, the lender can't assume it will go away magically, the funder will send an FHA inspector to see that the house can be occupied from day one of closing.
Has everyone signed the FHA Amendatory Clause, they always send this one last and at times it takes a while for everyone to sign.
Pointing fingers isn't going to get you anywhere at this point.
Talk to your agent's broker and see if they have an idea of what to do. Everyone wants this to close, trust me.
Ask for an extention of escrow, have the seller waive the per diem, if that doesn't work have your agent negotiate with escrow in lowering their fees, your lender putting up some money as well as your agent and yourself.
This is a reminder to all of us agents, why we have to be on top of things and following up. At times it seems like I don't what I am doing because I follow up so much and question the escrows and lenders process. Every sale or purchase is processed differently and I'd rather ask stupid questions (although there is never a stupid question, as they say) than deal with something like this at the last minute.
Don't stress out Dave and relax. It will just make it worse....... Inhale, exhale and relax.
Wishing you the best Dave,
Jes Sierra, B.Sc.
Century 21 RealtorsÂ®