Rita if your loan was chosen for the internal audit it can take a while. USDA usually reveiws each loan and let's their computer underwriting system go thrugh the file,but every so often files are pulled to have a manual underwrite which will elongate the process.
Ask your morggae company if their file is under a manual reveiw by USDA to see if this is the case.... more
You need to be more specific about which town and for property taxes, which property. The Mt. Arlington tax rate is 2.387. School taxes are a part of property taxes. Are you wanting to see the breakdown? Feel free to contact me and I'll help you get the answers you need.
Underwriters are hard to predict. It will depend how many files are on the desk in front of yours and 2 weeks is not at all unusual. Mortgage companies deal with this daily and they will know how long it will take.... more
Have your real estate agent find all the recent sold properties (3-6 months back depending on the amount of similar homes) those still for sale and others that are currently under contract. Your experienced agent should look at the length of time similar properties are taking to sell and what percentage of are selling to determine the market in your area. Look at the average prices and take into consideration the condition and features. Then offer what you feel it is worth and what your are willing to pay.
Good luck with your offer and let us know how you make out!
Your Savvy Realtor
Web Reference: http://YourSavvyRealtor.com... more