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re: I need some real estate help!
Posted on 11/2/23 at 2:00 pm to XenScott
Posted on 11/2/23 at 2:00 pm to XenScott
This board should never crap on realtors ever again. The amount of misinformation and misunderstanding of the process is astounding. The agent sounds scared that you aren’t going to qualify for the mortgage and is wasting her time for 30-60 days. She has two buyers who seem to be more likely to be approved and doesn’t want to wait around for you to be rejected.
That being said if you have a contract and you qualify for the purchase agreement amount (assuming purchase price is lower or equal to the appraisal) , you get the house. Nothing the realtor or owner can do without being sued and losing.
Make sure your loan is processing along within the time limits and you’ll be good.
If it doesn’t appraise walk away, you don’t want it anyway.
That being said if you have a contract and you qualify for the purchase agreement amount (assuming purchase price is lower or equal to the appraisal) , you get the house. Nothing the realtor or owner can do without being sued and losing.
Make sure your loan is processing along within the time limits and you’ll be good.
If it doesn’t appraise walk away, you don’t want it anyway.
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