Ive posted about this on another thread but I'm desperate to know. My contract with the sellers expired today at noon. My loan package is almost ready to be sent to USDA. My broker assured me just this morning that "we are going to be just fine," and not to worry but I had told him that the realtor said she would get the extension contract to me yesterday or today. I've not heard a peep from her. How important is it that the contract is in place? She has said all along the sellers would extend and has known from day one from my broker that we would not close before mid Jan. Now that no contract is in place...can my loan proceed? I feel like she probably will get the contract extended but if past history is any indication it will probably be next week before she gets around to it. Will that slow my loan down or halt it until she gets that in place? Any input would be greatly appreciated.
