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This process could not have been easier. Best real estate agent and loan processor ever. From offer to closing within 5 weeks. The home was built in a new neighborhood in 2009 and sold for 129,900. It's a foreclosure, and new homes are still being constructed in the neighborhood, which I've been told will help my equity, since they are selling for $119,000+
- Purchase Price: $81,000
- Property: 1983 sq ft home built in 2009
- Submitted offer on: 8/5/2012
- Signed Purchased contract on : 8/6/2012
- Type of Loan: FHA
- Loan Rate: 3.625
- Loan Application submitted: 8/6/2012
- Loan approved: 8/16/2012
- Closing date: 9/12/2012
Starting Score: 5/2012 TU 595, EQ 565, EX fako 547
I Finally closed!!!! So Happy I can finally post in this forum and say I am a Homeowner. It was a VERY Long process, but well worth it! Purchase Price: $150,000 Property: 1619 sq ft New Construction built 2012 Submitted offer on: 12/19/11 Signed Purchased contract on : 12/19/11 Type of Loan: FHA Loan Rate: 2.875% Loan Application submitted: 2/16/12 Loan approved: 2/28/12 Closing date: 9/6/12
Starting Score: TU 654 EQ 599
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