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Updated almost 4 years ago,

User Stats

42
Posts
20
Votes
Brennan Crick
  • Realtor
  • Chicago, IL
20
Votes |
42
Posts

Lenders draging out the process, Need help

Brennan Crick
  • Realtor
  • Chicago, IL
Posted

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.

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