Asked by Lucky1, Herndon, VA • Thu Aug 9, 2012
I am buying a house and my first lender could not brings me to the table and I have to sign extension with daily penalty with the lender telling it will take 48 hours. It's took a week and we could not close so out of frustration, I decided to go with different lender who told me, He need two more weeks because I have everything done. I ask the seller agent to allow my new appraiser to the house they deny him access even though we are still in contract and I am paying daily penalties. I got an email from them a day before my addendum extension will expired asking me to pay hefty money and remove all my contingencies. What should I do? I offered to put more money in EMD and continue to pay the penalty until closing plus all utilities of the propriety I am buying. Please help.
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