Asked by Sean, Orlando, FL • Sun Aug 19, 2007
I purchased a perconstruction townhome in 2006 and I am supposed to close in 1-2 months. However, I am questioning how I was apporved for this loan now that my monthly estimated payments are beyond my range. I understand that I am at risk of losing my deposit upon terminating the sale, but I have discovered that my income amount was modified to almost twice the amount by the seller/lender. Is there anything I can do about this or do I need to suck it up and lose my 10% deposit. I do realize that I am responsible for my own actions, but something just seems illeagal and misleading about my builder/lenders actions.
Real Estate in Oviedo
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