You can either cancel the contract or try and negotiate the seller to reduce the price.
You may have to provide a copy of the appraisal to the seller/lender to prove the va ... more
need to complete a questionaire and it will be submitted to the bank along w ... more
Congratulations on your offer being accepted!
Your next step depends on the terms/conditions in the purchase contract that you signed and agreed to. You need to ask your ... more
It all depends on the lender. Chase and Bank of America (which includes Countrywide) can easily take six months or longer.
A short sale home can be a good opportunity if you are not in a rush to buy and if you are not trying to make the deadline for the $8,000 First-Time Home Buyer Tax Credit. Th ... more
Your realtor should be able to provide this information to you.
Did you ever get a chance to look at any available properties while you were in town?
We have agents in our office that list REOs and they say this is a fairly common pra ... more
Grayhawk Master Association
8623 East Thompson Peak Parkway
Scottsdale, AZ 85255
Website: http://w ... more