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Could this kill the deal

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Kimberly68
Regular Contributor

Could this kill the deal

I co signed on an apartment and the occupants cleared the apartment a few days after I left the state. I have my P.O. Box in the new state as my address but never heard from the company as I assumed all is well. I'm due to close on the 23 now since issues have arrived with the seller. I can pay the 1100 on the report but is this a deal breaker what's my next course of action. Will our report be pulled again prior to closing bring it was pulled Nov 15
Message 1 of 4
3 REPLIES 3
DallasLoanGuy
Super Contributor

Re: Could this kill the deal

i dont think i fully understand. 

 

are you thinking that a new collection might pop up?

 

if pre-approved WITH the $1100... then no worries about that

 

Retired Lender
Message 2 of 4
Anonymous
Not applicable

Re: Could this kill the deal

Are you worried about the new $1100 debt on your report? Were you pre-approved with that monthly debt?

Message 3 of 4
Kimberly68
Regular Contributor

Re: Could this kill the deal

I didn't have this debt as they were moving out unfortunately, they fail to pay last month rent. I didn't get notification and I provided a forwarding address.

My loan officer told me to pay and write statement of needed
Message 4 of 4
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