Or you tell them they're approved and they promise to put the deposit down...in three weeks!

@Robert Russotti that is correct for some of the areas, which I am sure means a lengthier approval and permitting process.

Even if you are approved today, they can cut your line tomorrow or next week if things get worse.

To determine whether the property qualifies for protection under the “grandfather” provision would require more extensive research of the historical zoning maps and more information about the past use(s) of the property.It sounds like the particular lender you mentioned is going to require you to take some action with local government before they approve the loan (whether obtaining written confirmation that the property is grandfathered, confirmation of re-zoning, or perhaps even simply a letter from Knox County stating that they are not going to seek to strictly enforce zoning with respect to the property might suffice).

Specifically, I put in an offer on a property with pre-approval for 3.25% with Ally and now I see the rate is around 5.5%.

I put an offer in without pre-approved financing and the seller had accepted.

I put an offer in without pre-approved financing and the seller had accepted.

This could cause trouble being able to pull permits or get things approved by the inspector.

As part of his letter to confirm the move out date, he specifically mentioned that he is waiving rights to part of the security deposit as they are breaking the lease.My tenant also helped with showing the home to prospective tenants and finally, I approved one of them after the background check and all.Now, he is coming back and saying that he spoke to a lawyer and I should return the security deposit as I rented the house to a new tenant right away.

Hey BP family,Currently searching for a 203k approved contractor in the Union City area.