Asked by Becky0208, Austin, TX • Sat Jul 7, 2012
I got approved for an FHA loan and the lender needed more time for final underwriting to get my final approval. I had an original close date of the 29th and he had to move it to the 9th. I paid the seller 1300 more earnest, on top of 2000 original, to extend to the 9th of July. Well I only got my approval with conditions on Friday. I complied with the the conditions but now the lender says he needs another week or more to close. The seller said she won't extend again. I guess I am about to lose 3300 dollars and the house I wanted. I think my realtor and lender screwed up by only extending until the 9th when the lender knew he wouldn't be able to close it. My realtor said he hoped with my final approval that she would extend again. What??? Anyway, my question is since I have my final approval can I just transfer it to another house. That is if I can come up with more earnest money. Uggg.
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