Usually seller's miscalculation of their finances is not a legal ground to back out of the binding contract even if no escrow has been opened. Opening escrow is required perform ... more
The answer depends on the lenders, the number of loans on the property,. etc. It really is case by case basis. Typically it could take anywhere from 3 to 6 months or even a ... more
If your contract calls for Section 1 clearance, then it will be required.
If your contract states that the termite report is for informational ... more
Why did you ask this from the lender's side of things i.e. "I have ... more
Even under those circumstances you still may be able to qualify for a loan. I have a client who is in a similar situation as yours and we just got them a loan. We are curren ... more