I wouldn't worry too much, Cody. Your loan officer should be able to guide you as to what to expect. If you have issues and you are working with an agent, ask them what it will take to qualify. If you aren't working with an agent, I will be more than happy to sit down with you to discuss your options.
Keller Williams Realty Augusta Partners
Cody....stick with local lenders that you can get your hands on.....lenders that can originate, process & underwrite loans in the same office. The lenders that will sit down with you and help you through the process of purchasing a home.
Text or private message me & I'll pass along some names & numbers if you're interested. These lenders will approve you....or at least get you on a path that will allow you to be approved in the future.
I had a house inspected on tues 7/10/2012 in Martinez,Ga. and the price was $250.00.The house is a tri-level with 1700 sq. ft.The guy was a certified home inspector and i received a very detailed sheet explaining everything that he checked for.... more
I think you're right Jesse. I'm both a broker and appraiser and FHA appraisals stay with the property - if it comes in low they will go off of the appraised value, thye will expect the contract to be amended to reflect that. That's been my experience.
It's Wexford Subdivsion. There are currently 3 homes for sale in there that range from $229,000 to $345,000. It's a popular subdivision, and is zoned for Steven's Creek Elementary and Lakeside high.... more
After re-reading our contract I felt much more at ease about the possible extension. We are still unsure if we will need it but we do plan on calling our lender next week to 'gently encourage' him to hurry along. With this being our first home it's over whelming all the different steps we have to go though. We do have an agent who is representing us, we tried to go into this as prepared as possible. We saved our money, managed our credit scores to make sure everything was correct, researched everything we could about different types of loans and all the fees associated with home buying. We did everything 'right' down to hiring the best inspectors we could find. I just never thought to consider the lender stalling the process, someone should write a book on all the 'what ifs' involved in buying a home!... more