So this is my third time trying to buy this home. Summary started the process in 03/12 the FHA certicate for the condos was expired. The condos was approved by FHA so now I starting the loan process again. Last week I recevied this email for LO:
Since this is a relook and I never finished it the 1st time here’s what we need:
- Appraisal
- Title Work
- Lock and disclosures
- 3/22 signed TIL
- 5/9 signed TIL
- Completed inquiry letter for the inquiries listed on the credit report.
- Updated bank statements
- Updated paystubs
- Gift docs if she is still receiving
- Need an addendum to the contract adding the seller credit = $4987.50 ( I need help with this one)
- Proof of $1000 EMD – cancelled check and proof it cleared bank account. (I do not place a despoist down, is it required)
So I faxed over everthing but #10. and 11. The contract reads the seller will buy 1% of all fee and tranfer fee. I guess that is where they are getting that # from.
My question is do they want a letter for the seller saying they are going to buy that amount?
also what is #6..... please help
