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Westwego : Real Estate Advice

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  • Local Info1
  • Home Buying1
  • Home Selling0
  • Market Conditions2

Activity 4
Fri Jan 3, 2014
Robin Silverberg answered:
Were you within the time frame of your mortgage contingency clause? They can ask for proof of denial if you are looking to get your down payment back. If you have exceeded the time frame for your mortgage contingency, or you told them you were approved, only to have your loan later denied, you would want to do whatever they ask to get your down payment back, because they don't have to give it to you.

Remember, you signed a contract, which is legally binding, and you will have to abide by the terms. Although it will not say whether you have to give them a reason why you were denied, they could ask, as you are the one breaking the contract.
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Fri Jan 18, 2013
Rich Homer answered:
Best next action is to ask a local Real Estate Broker by clicking "Find a Pro" in the main menu at the top of this website.
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Fri Jan 18, 2013
Stanley Campbell answered:
Which area are you referring to?
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Thu Dec 8, 2011
Ron Thomas answered:
Trying to buy a house with a Realtor is like going mountain climbing in a suit and wingtips.
Please call a Realtor and have them do the research for you.
A Buyer's Agent is paid by the Seller; they cost you nothing.
The best money you never spent.

Good luck and may God bless
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