I'm currently into my second extension with 8/10 for financing and 8/14 to close. Is there a possibility that there will be a third extension.?

Asked by MD, Illinois Wed Aug 8, 2012

The sellers 2nd mortgage lender didn't get the paper work in until July 10 and my first closing date was set for 7/31. How much time is needed to get a CTC

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MD, Home Buyer, Illinois
Wed Aug 8, 2012
I have my preapproval everything has been accepted, seller had the BPO, inspection has been done and insurance is ready to go.
0 votes
MD, Home Buyer, Illinois
Wed Aug 8, 2012
I was told it had to do with the time the 2nd mortgage acceptance came in. I've been hearing that an FHA loan takes 30-45 days.
0 votes
Scott Godzyk, Agent, Manchester, NH
Wed Aug 8, 2012
Mike you should be asking your listing agent and teh person you hired to negotiate for you, they are th only ones that will know what the hold up is and how long they need to fix it.
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