Even with an 800 credit score it would be difficult finding a 90% construction product in the market. That being said, you might want to try either BB&T or Suntrust. If anyone would have the product, they might. Good Luck!... more
Read the entire contract to learn if there is a clause allowing the contractor / seller any flexibility in the closing date. Is there any contract language that provide penalties to the seller if they do not close on time?
The clause that says you have to pay for the upgrades at closing most likely does not mean that the seller will be liable for a delayed closing or that you are relieved from paying from the upgrades. You are probably using a contract written by the developer's attorney, so you can be sure that most of the contract language is there to protect the rights of the contractor/developer rather than you as the buyer. It may or may not have been possible to add or modify any of the language in the Purchase Contract.
Your Realtor is probably not also an attorney. However, an attorney who can actually read the entire contract will be able to advise you for sure. Good luck.... more
If your offer was accepted by the seller's as you have stated, than you are entitled to have the home inspected during the contingency period. The seller is not Required to accept your request for repairs or correction. If you rescinded your request for repairs, than you should still be in contract and the seller should only be allowed to consider "back-up" offers in the event you decided to cancel during the contingency period. Without specifics it is hard to determine. I would ask your agent to explain your position in greater detail.... more