I think I can post here now...
- Purchase Price: $195.000
- Property: Two Family
- Submitted offer on:06/08/2012
- Signed Purchased contract on : 06/12/2012
- Type of Loan: FHA
- Loan Rate: Not Lock yet...
- Loan Application submitted: 07/2012
- Loan approved: within the next 14 days
- Closing date: Somewhere around 9/24/2012
- Closed on: Pending
It was a short sale, it took the bank almost 3 months to give the ok. Now we're going for the appraisal, and I already got conditions from underwriting... So Hopefully everything will go fine with appraisal and we can close this sooner!
Edit2: Appraisal came back fine, no repairs needed. Closing will be defined, probably in the next 2 weeks. (Very HAPPY!)
Starting Score: 700
chan85 wrote:You guys don't know how long I have waited to post to this board! I contemplated waiting until AFTER I closed to post just because there have been soooo many speed bumps, but I have faith now that we are closing!
- Purchase Price: $95,000 (shortsale)
- Property: Two Story Townhouse, 2b/2b, 2 car garage, unfinished basement, and fenced back yard!
- Submitted offer on: 5/29/2012
- Signed Purchased contract on : 5/31/2012
- Bank Accepted Offer: 6/29/2012? sometime around then lol
- Type of Loan: FHA- GA Dream Home Ownership Down Payment Assistance Program ($5k towards down payment/closing costs)
- Loan Rate: 3.50%
- Loan Application submitted: 4/15/2012
- Loan approved: Preapproved 4/20/2012
- Committment letter received on: 8/17/2012
- Closing date: 8/27/2012 (after moving closing twice from 7/30 and 8/15!) 3PM!
- Closed on: Pendng
UPDATE: CLOSED YESTERDAY WITH NO PROBLEMS!!
LondonMassey wrote:
Purchase Price: $55,000
Property: Two Story 4 bedroom 2 1/5 bath built in 2006
Submitted offer on: 3/9/2012
Signed Purchased contract on : 3/14/2012
Type of Loan: FHA Loan Rate: 3.75%
Loan Application submitted: 2/6/2012
Loan approved: Pre-approval completed 2/6/12, accepted through DU 6/9/12, meet with Lender 6/18/12 to get file sent to a human for review
Close on: 7/23/12 also waiting for bank written approval to sale
Ughhhhhhhh it's a short sale...
Congrats and may those babies of yours be completely tuckered out from running up and down those stairs all last night! May they always appreciate everything their Mom went thru and sacrificed for them to have this joy. Again....SINGLE MOMS ROCK!
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