We placed an offer on a house and the seller bought the home to fix it up and sell it. He says that if we go conventional that he would work with us but because of capital gains he has to close on june 1st with an FHA loan. What im confused about is that he could close in 30 days with conventional. and I just dont get it, why would it make a difference to a seller about my loan if he has to wait 50 days to close anyways?
does this make any sense to anyone?