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Updated almost 4 years ago,
Lenders draging out the process, Need help
I’m need need of assistance! I have a deal that supposed to close a month ago. Down payment and closing cost already wired to escrow. The Current lenders are dragging out the process asking for last minute documents when they should’ve ask for them on first initial review. They are taking to long to review a simple request. I’m trying to hold out and leap through the hoops to get this deal closed but it seams it’s a never ending process. Every couple of days they ask for a new document. This company are not organized at all! Please help.
Purchase price: $87,500
Current appraised value: $202,000
20% + fees are in escrow
2 story (3 bed , 1.5 bath) adding a bath in Reno. 1500 sq ft. Double lot.