Jenniferlb44…, Home Buyer in La Grange, IL

We signed an Addendum A. Not sure what that is but they said we needed that signed before they can send us the contract?

Asked by Jenniferlb4488, La Grange, IL Tue Jul 23, 2013

Does this mean the house is ours? They told us the closing date is Aug 23rd. Can it really happen that fast? We don't have the FHA loan approved yet. Just sent the paperwork on. FYI this is a bank owned property sold as is. Not sure that makes a difference?

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You signed a document that you didn't read.
You think you are not under Contract, but you have an Escrow.
You must have a Realtor representing you; but you are not communicating.
The Closing date is approaching; but you don't even realize that you have to get your Loan in place, not to mention doing your Inspections.
You should be talking to your Realtor.
0 votes Thank Flag Link Tue Jul 23, 2013
It will most likely not close on time as it usually takes 30 minimum for the loan plus a week for closing.

They house is 100% yours for sure once you get the key and deed and give them the $. Now, it means if they did not make a mistake than yes, they will not most likely look into other offers after you get the signed/executed contract.
Web Reference: http://buyinchicagoland.com
0 votes Thank Flag Link Tue Jul 23, 2013
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