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Should I worry?

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Anonymous
Not applicable

Should I worry?

Last time I spoke with the LO, he said we had to hope the house appraised at $136,000,because my Dad owes $126,000 and is selling it to me for that, but I need to get the gift of equity from him for almost $10,000 for down payment. Anyway, he said he emailed his appraisal guy and had him looking at comps. That was Thursday.

 

He said if I did not hear back on Friday, it would be early this week. I am just wondering if it is a good or bad sign that I have not heard by now. I am thinking if it was a no go for sure, I would have heard by now?? I am really on edge here. A lot rides on my buying this house soon.

Message Edited by forevergroovy on 09-21-2009 05:28 PM
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ShanetheMortgageMan
Super Contributor

Re: Should I worry?

Give your LO a call, they'll be happy to speak with you.
Free Mortgage Advice & Pre-Approvals (FHA, VA, USDA, Fannie, Freddie, Non-Prime, Construction, Renovation/Rehab, Commercial) since 2002
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