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Home Selling in Raynham : Real Estate Advice

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Activity 4
Sat Oct 27, 2012
Scott A. Nelson answered:
You should consult with your attorney to make sure you proceed properly. There are certain specific and detailed ways you should proceed. An attorney can best advise you on how to proceed legally. They can review all the documentation, contract terms and correspondences. ... more
0 votes 4 answers Share Flag
Tue May 10, 2011
David North answered:
You should get advice from an attorney in this situation.
0 votes 5 answers Share Flag
Sun Mar 9, 2014
Tim Moore answered:
There is no need to stop a renewal, just don't renew it when it expires. All listings must have a start and stop date and they can't be made to automatically renew. Once expired just relist it with a new company. ... more
0 votes 21 answers Share Flag
Mon Sep 16, 2013
Kevin Olson, Jessica Laude answered:
Yes you can based on what is stated above. It sounds like what they have is a pre qualification letter and not a commitment letter. Generally in a contract the commitment date is set to be approved for the loan. Ideally by this date all conditions have been met in order to get the loan. It sounds like they are just starting the process over again.

Remember, it could have been the lender that was holding things up before, and the buyer is really doing their best to get things done. If they are going to pay for a 2nd appraisal I am assuming they are putting forth effort, so you should take that into consideration. I've come across lenders who just didn't have their act together and it was necessary for a buyer to go somewhere else. You don't want to throw out a good opportunity to move on with things. What is your agent suggesting?
... more
0 votes 15 answers Share Flag
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