We have already went through the entire USA loan process and have lived in our home for almost a year BUT one of the condition of our loan was that a repair was done. Well, the money for the repair was put in an escrow account until the work was finished. The guy that gave us the quote was friends with our realtor and gave us a good deal on the repair but he kept postponing doing the job, then we couldnt get a hold of him and apparently before he did the repair he moved out of town. Now what? The repair is quite minor but the Rural Development is after us to get it done so they can close out the escrow account. What happens now if we don't get the repair done or if in order to get the repair done it costs more than what is in our escrow account. Can they require us to pay beyond what we have put back in the account to get this done?
