I was ready to send you a long explanation regarding your situation, but then I read Mitchell's detailed response, and there is really nothing to add to it..... if the lender issued the loan commitment letter in
writing within the dates of the contract, there should be no issues one would assume.... but then there
Your best way would be to carefully read your sales contract or contact a good real estate attorney if you do not already have one, to make sure what the various terms in the contract say about financing, the lenders loan commitment letter in writing, and how these terms affect the current buyer's down payment.
Good Luck to you...
Evanston Renter available,Urgent, who wants the renter and who is interested and has time to show a selected rental in Evanston?
Edith Karoline Jasser 36 min ago
I connected with a renter interested in seeing a particular rental property
in Evanston, but I have tests at the hospital and will not be able to commit
to showings. The renter 2200/mon or so will be yours, I will find out soon
when renter is available for showings.... Please e-mail me and let me know.
This renter will be yours and a small referral fee to me would be appreciated.
Thanks for responding...