PrincessB asked:
I was supposed to be closing today…however my lender needs an additional appraisal of a comparable house with a pool in my neighborhood (my appraiser gave them a few, but they want 1 more-apparently there are no more)…so my whole loan might fall through…..Don’t know where that leaves me…….House is priced at $160K, appraised at $162K, my annual income is just over $50K (they are not using my husband on the loan b/c his credit scores are bad)…My contract was already amended from closing on the 6th to the 9th…Any ideas out there? Please help….
The income listed above was mine alone, with my husband’s that would put us at about $80K/yr. I can’t come up with a down payment, I am using everything to pay the $6,000 in closing costs (seller is only paying $2200)…
CHESTER
I was supposed to be closing today…however my lender needs an additional appraisal of a comparable house with a pool in my neighborhood (my appraiser gave them a few, but they want 1 more-apparently there are no more)…so my whole loan might fall through…..Don’t know where that leaves me…….House is priced at $160K, appraised at $162K, my annual income is just over $50K (they are not using my husband on the loan b/c his credit scores are bad)…My contract was already amended from closing on the 6th to the 9th…Any ideas out there? Please help….
The income listed above was mine alone, with my husband’s that would put us at about $80K/yr. I can’t come up with a down payment, I am using everything to pay the $6,000 in closing costs (seller is only paying $2200)…
CHESTER