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Updated over 9 years ago on . Most recent reply

Robert D.'s profile image
Robert D.'s profile image
Robert D.
  • Investor
  • from Bartlett, IL
  • Member since Feb 4, 2014
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User Stats

193
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43
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Robert D.'s profile image
Robert D.'s profile image
Robert D.
  • Investor
  • from Bartlett, IL
  • Member since Feb 4, 2014
Connect
Robert D.
  • Investor
  • Bartlett, IL
43
Votes |
193
Posts
Rehabbing & House Flipping

FHA mess

Robert D.
  • Investor
  • Bartlett, IL
Posted

House was bought in 5/6. The earliest the buyer's lender can start FHA process is 91 days from that date….which is 8/7. The problem is that lender started the process earlier (opened FHA case number) and FHA office at HUD rejected the loan. Lender needed to cancel the FHA case # and re-issue another one. Now the loan is stuck somewhere between Home Resource Center and HUD…shall I cancel the contract and relist or wait ? its been 2 weeks delay already…

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