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Home Buying in 90006 : Real Estate Advice

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Activity 4
Thu Nov 12, 2015
Amy Leonard answered:
Hi, Kellie. I just had the same thing happen to me, on a rental I am trying to sell. How long did your deal end up taking before the audit was done?
0 votes 4 answers Share Flag
Sat Nov 23, 2013
Gregorio Denny answered:
This is standard procedure, why would you think complaining would be the answer? When would one check for quality if not before closing?

I wish someone would do a QC audit on my fast food drive through order right before they hand it to me through the window. It would cut down on many headaches. ... more
0 votes 7 answers Share Flag
Fri Oct 4, 2013
Gail Mercedes Cole answered:
Hi Milo Ichi,

The loan is contingent on the subject properties value. Lenders determine property value based on appraisal. Hopefully, lender just did a ransom appraisal review and you appraisal was chosen with several other appraisals. Check with lender determine how long process with take. There is not a problem until there is a problem. Hopefully, there will not be a problem. If in process lender determines appraisal value is less that will have to be address between buyer and seller.

Gail Mercedes Cole
EXP Realty Marina del Rey
310.853.9933
... more
0 votes 24 answers Share Flag
Fri Oct 4, 2013
Gail Mercedes Cole answered:
Hi Lsavona21,

Lending guidelines are strict for the banks. I would check with lender about process and how long it will take. Are they reviewing total loan and what are their concerns. Hopefully, it will only take a few days.

Gail Mercedes Cole
EXP Realty
310.853.9933
... more
0 votes 12 answers Share Flag
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