June 2017 closers

[dt3813]

I don't know if it's too early.... We are selling and buying. 

Buying:

purchase price: $470,500

signed contract: March 2017 with a Hubbard Clause our house had a contract 26th day on market

location: Connecticut 

property type: single family

new/existing: existing

loan type: conventional 90/10

loan rate: haven't locked

pre-approval 2/21/17 Desktop underwriting approval 4/7/17

appraisal: this week TBD

clear to close: TBD

closing date: 6/8/17

closed on:TBD

so far things are going well on the selling and the buying end......

[Anonymous]

Purchase Price: $356,000

Signed Contract: 01/30/2017

Location: CA

Property Type: Single-Family Home

New/Existing: New

Type of Loan: 30YR Conventional

Loan Rate: 3.625%

Pre-Approval: 01/21/2017

Appraisal: $363,000

Clear to Close: TBD

Closing Date: 06/23/2017

Closed On: TBD

[Anonymous]

Purchase Price: $220,000

Signed Contract: 04/2017

Location: MD

Property Type: Single-Family Home

New/Existing: Existing

Type of Loan: 30YR FHA

Loan Rate: TBD

Pre-Approval: 04/25/2017

Appraisal: TBD

Clear to Close: TBD

Closing Date: 06/02/2017

Closed On: TBD

[dt3813]

Appraisal is back. Much lower than I thought, but still works.

Buying:
purchase price: $470,500
signed contract: March 2017 with a Hubbard Clause our house had a contract 26th day on market
location: Connecticut
property type: single family
new/existing: existing
loan type: conventional 90/10
loan rate: haven't locked
pre-approval 2/21/17 Desktop underwriting approval 4/7/17
appraisal: $475,000
clear to close: TBD
closing date: 6/8/17
closed on:TBD

so far things are going well on the selling and the buying end......  This is not accurate anymore my buyers are making me crazy....

edited for spell check

[jdxprs1]

Refinance
purchase price: $160,000
location: Maryland
property type: single family
new/existing: existing
loan type: conventional
loan rate: 3.375% 15 year
pre-approval March 30 Desktop underwriting approval 4/23/2017
appraisal: this week 320,000
clear to close: TBD
closing date: 6/1/17
closed on:TBD I'm told date is moving up.

Zillow had house valued at 400k. Appraisal very low. Worried bank will attempt rate change since LTV is at 50% instead of the 40% I thought it would be.

[Calidreaming]

I'm actually closing 5/31 but there's no thread for May so I'll post here.

Appraisal came back $35K over purchase price.  We were worried because we bid over the list price

Buying:
purchase price: $365,000
signed contract: April 2017
location: GA
property type: single family
new/existing: existing
loan type:FHA (had to after snafu with 1099 inicome)
loan rate: 4.5%
pre-approval Desktop underwriting approval 4/10/17 backend DTI: 56.0 due to student loan DTI rules--found lender with no overlays
appraisal: $400K
clear to close: TBD
closing date: 5/31/17
closed on:TBD

We hope to close a few things early.  Things have been going really fast an smooth.  We got our loan committment letter 4/27

[Anonymous]

SO SO Excited!! The rate is a litle high my mid score was 671 though my soon to be hubbys was like 800, we needed both incomes. We are getting $10000 in closing costs paid from the builder though.

purchase price: $455,000

signed contract: December 2016

location: Texas

property type: single family

new/existing: New

loan type: conventional 90/10

appraisal: this week TBD

clear to close: May 16

Closing date: June 1 or 2

closed on:TBD

Its the home of our dreams!!

[Anonymous]

Buying: 1st time buyer
purchase price: $179,900
signed contract: 5/8/17
location: Tennessee
property type: single family
new/existing: existing
loan type: FHA 30yr
loan rate: 4.5%
pre-approval: 5/5/17
Sent to underwriting: 5/14/17
appraisal: 6/7/17 - $180,000
clear to close: TBD
closing date: 6/9/17
closed on:TBD


This waiting thing has been the hardest part so far. My loan officer has told me and told me everything looks great and not to sweat it. I'm so excited about potentially becoming a homeowner. I won't believe it until we sign the papers and have the keys. He assures me everything looks good though.

[Anonymous]

Buying: 1st time buyer
purchase price: $194,000
signed contract: 4/26/17
location: CA
property type: single family
new/existing: existing
loan type: 30yr Zero Down Conventional 
loan rate: 5.0%
pre-approval: 4/11/17
Sent to underwriting: 5/1/17
appraisal: Done on 5/12/17  $200k
clear to close: 06/19/17
closing date: 6/26/17
closed on:06/30/17

Waiting on the appraisal now. Should know more tomorrow. 

Update on 5/21/17: Appraisal came in good. Back to underwriting we go! Will hopefully get a better idea of closing date soon.

[jetsfan2013]

Buying: Purchase
purchase price: $140,000
signed contract: 5/15/17
location:  NC
property type: single family
new/existing: existing
loan type: FHA 30yr
loan rate: 4.0%
pre-approval: 5/13/17
Sent to underwriting: TBD
appraisal: TBD
clear to close: TBD
closing date: 6/28/17
closed on:TBD