Asked by Wendy O'quinn, Sacramento, CA • Mon Apr 7, 2008
There have been several delays out of our control including delaying our house inspection because water and power were switched off at home so had to re-schedule inspection. We also paid out $1500 in repairs to property to satisfy a health & safety inspection required by Sacramento County so that we could access a housing grant on the downpayment. Now we are informed that our CalHFA loan is caught up in a backlog of applications and they are running 10 days behind schedule which will take us beyond our closing date. We have already had one extension on our closing date and bank is refusing to give us another extension. Bureaucracy gone mad will lose us our house and about $3,000 in costs.
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