The underwriter has the right to reduce the value of a property if they feel there are circumstances that support their decision.
You can ask that this decision be reviewed ... more
I somehow doubt y ... more
Yes, it is possible to purchase with less than 10% down and there are a few mortgage programs but it depends on your location. Where are you moving?
You should conta ... more
You ... more
Well and septic approval is always required in Washtenaw county for the TOS (Time of Sale) process be completed. I'm sure your agent will answer your questions. Please ... more
In order for a home buyer to use the tax credit, there would have to be a non-profit organization in place to loan you the tax credit funds up ... more
REO's don't take as long to hear back as ... more
2Vegas, I am sorry this happened. What a bummer.
Your post reinforces something I suggest to all Condo Owners and Condo Buyers ... more
It's taking a little longer to get loans back from underwriting lately and sellers are looking for offers with pre approved buyers. Anything you can do to speed up t ... more
It may not be that simple. Your mortgage likely has a clause that actually prohibits anyone from "taking it over" (legally called an assumption). You have a few options: