We got two offers on the house. One was really low. They said I could cut my price because I wasn't using an agent. I told them I would get back to them this friday regarding their offer. I was trying to decided what to counter offer them when I got a call from another agent. All this couple was asking was for me to pay for closing cost and commission. We counter offered for them to split the closing cost and I would pay the 3% commission and they accepted. Now we are waiting for the bank to approve their loan. Say a prayer....
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Re: Waiting....
great news! especially with the tough economy. don't be sirprised if it takes a little longer than usual for the bank to approve the loan. all banks have become much more diligent in getting financial info. For example running credit checks every week till close.
friends of ours bought a house and prior top the close, they put $5k on a credit card for furniture. because their debt/income ratio was high, the bank wanted them top pay it off before the close. my friends had to get money from relatives. in addition, those relatives had to indicate it was not a loan but a gift.
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That is awesome!!!!! I need to get my sign in the yard too....I hope I have that kind of luck"He woke up because I kept punching him in the face." --Thiago Alves
"I'm telling you, once your car's been stolen, it never runs the same again. It's like a guy sleeping with your girl. He leaves his mark all over her."- Drama (Entourage)
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you got it kiddo....HE WHO MAKES A BEAST OF HIMSELF, GET'S RID OF THE PAIN OF BEING A MAN!!
http://www.infinitymuscle.com/forum.php
"Actually for once your actually starting sound quite logical!"-djdiggler 07/10/2007
I LOVE BOOBOOKITTY...
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Re: Waiting....
Congrats DC! Think positive.... It will all work out for you.Push it, Pull it, Rack it. Repeat untill wide!!
Take nothing I say as serious, What do I know, I sell water!!
Vet@FitnessGeared.com
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Re: Waiting....
We're still waiting... They are still waiting on approval from the bank. Bank seems to be draggin' as$!
That is holding me up with the second couple who gave me an offer. It was a lot lower than the first. I'm just hoping I wont miss out on a sale here.
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Re: Waiting....
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Re: Waiting....
Originally posted by deepsouth View PostWell hang in there- from now on- they need to be pre-approved before they even make an offer. Thats sure speeds things up
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