Tools

Ask a Question
Start a Discussion
Close
Create an Email Alert

Alerts are a great way for you to stay up-to-date on things you care about. We will email you a list of the new items that match your criteria at a time of your choosing.

This alert is for the following:

Topic:
In Escrow for 2 months, then no closing... I was ...

How often would you like the alert emailed?

Frequency:

Immediately Daily Weekly
Maximum 20 emails/day

Save

Cancel E-mail alerts
RSS
Send to del.icio.us
Send to StumbleUpon
Print page

Partner Tools

Views: 107
US
State
Nearby States
- Alaska
- Alabama
- Arkansas
- American Samoa
- Arizona
- California
- Colorado
- Connecticut
- Washington D.C.
- Delaware
- Florida
- Georgia
- Guam
- Hawaii
- Iowa
- Idaho
- Illinois
- Indiana
- Kansas
- Kentucky
- Louisiana
- Massachusetts
- Maryland
- Maine
- Michigan
- Minnesota
- Missouri
- Northern Mariana Islands
- Mississippi
- Montana
- North Carolina
- North Dakota
- Nebraska
- New Hampshire
- New Jersey
- New Mexico
- Nevada
- New York
- Ohio
- Oklahoma
- Oregon
- Pennsylvania
- Puerto Rico
- Rhode Island
- South Carolina
- South Dakota
- Tennessee
- Texas
- Utah
- Virginia
- Virgin Islands
- Vermont
- Washington
- Wisconsin
- West Virginia
- Wyoming
Don't see it?

Find:

In Escrow for 2 months, then no closing... I was using an FHA 203K loan

Contributions: 5

Disc

:5

I was using an FHA 203K loan for a home that was in foreclosure. It took around 3 months to get everything in order, I was paying out of my pocket for inspections and what not. I had to pay for an FHA inspector as well, which was 900 dollars, as well as private inspectors. All in all, we could not buy the house because they said that there was a lack of comparables.....I was so furious that after 3 months of dealing with BS, I was out of a home and the thousands I spent for all the reports and inspections....

So the FHA called me and told me that there were taxes that still had to be paid on the property and that there were indeed comparables in the area, he said that I got screwed over and that off the record, that I would have a good case to sue.

What is the likelyhood that this is possible? I just cant believe that I wasted all that time and money only to be turned down at the end of it, literally a week before closing... Are there any roads to take for this??

Flag content

July 09 - US

RSS

Replies (1)

falsedawn
Contributions: 54

falsedawn

Contributions: 54

Q&A

:29
Disc

:25

View full profile

Consider it an expensive lesson and move on.
The only people who would benefit from litigation are the lawyers.

Flag content

July 09

Have a question? Ask it here.

Most Active Real Estate Agents

Conlon A Real Estate

431 listings

Local Expert
Teresa Young

328 listings

Local Expert
AdamShpritz

287 listings

Local Expert
DANIELLE HARRELL

179 listings

Local Expert
Chris Cooke

144 listings

Local Expert

See more real estate agents

Related Discussions

Discussion Are we doomed to rent or is there hope for us?

Last reply by Peter Numrich
1 hour 30 minutes ago

In Buying Process
39 Replies - 672 Views

Discussion Must-Know Details Before Renting Montreal Storage Units ? Part One

Posted by leonatodd8
2 hours ago

In Investing
No Replies - 4 Views

Discussion All About Snow

Posted by knight66s
3 hours ago

In Buying Process
No Replies - 12 Views

Discussion $8,000 tax credit for home buyers extended and expended

Last reply by Vivianne Rutkowski
4 hours ago

In Buying Process
217 Replies - 2313 Views

Discussion there is a house in my area that is abandoned. How do i find out who to contact on purchasing it?

Last reply by Tiffany Bond
15 hours ago

In Buying Foreclosures
5 Replies - 406 Views

See More

Guide Real Estate Buyer's Closing Costs

In Buying Process
Edited August 27

Guide List of Closing Costs and Fees

In Buying Process
Edited August 27

Guide About First-Time Home Buyer Tax Credit

In Home Buying
Edited July 22

Guide You've Opened Escrow

In Buying Process
Edited July 21

Guide Picking the Best Comps

In Using Zillow to buy
Edited May 04

See more articles about Home Buying

Current Mortgage Rates

Current Last Week

30 Year Fixed

15 Year Fixed

5/1 ARM

Get this widget

<div style="width:298px;height:123px;border:1px solid #adcfff;overflow:hidden;text-align:center;font-family:verdana,arial,sans-serif;font-size:8pt;line-height:13x;background-color:#eff3ff;letter-spacing:0;text-transform:none;">
		<div style="margin: 0 6px;">
			<div style="margin-top:6px;">
				<a href="http://www.zillow.com/Mortgage_Rates/#{scid=mor-wid-lthd}" target="_blank" style="font-size:9pt;color:#36b;text-decoration:none;font-weight:bold;">
				   
						Current
				   
				         
				   Mortgage Rates</a>
			</div>   
			
			<div style="color:#555;margin:5px 0 1px;">
				<span style="padding-left:137px;">Current</span>
				<span style="padding-left:23px;">Last Week</span>
			</div>

<div style="background:#fff;height:60px;width:284px;border:1px solid #adcfff;text-align:left;">
				<div style="width:144px;float:left;">
					<div style="height:20px;background-color:#fff;">
						<div style="padding:3px 0 0 4px;"><a href="http://www.zillow.com/30_Year_Fixed_Mortgage_Rates/#{scid=mor-wid-ltt1}" target="_blank" style="text-decoration:underline;color:#36b;">30 Year Fixed</a></div>
					</div>
					<div style="height:20px;background-color:#eff7ff;">
						<div style="padding:3px 0 0 4px;"><a href="http://www.zillow.com/15_Year_Fixed_Mortgage_Rates/#{scid=mor-wid-ltt2}" target="_blank" style="text-decoration:underline;color:#36b;">15 Year Fixed</a></div>
					</div>
					<div style="height:20px;background-color:#fff;">
						<div style="padding:3px 0 0 4px;"><a href="http://www.zillow.com/5-1_ARM_Mortgage_Rates/#{scid=mor-wid-ltt3}" target="_blank" style="text-decoration:underline;color:#36b;">5/1 ARM</a></div>
					</div>
				</div>
					
				<iframe title="Current Mortgage Rates" frameborder="0" height="60" style="float:left;" scrolling="no" width="138" src="/mortgage/MortgageRateTableWidget.htm?wide=1&region=102001">
						Your browser doesn't support frames.  Visit 
					<a href="http://www.zillow.com/mortgage/" target="_blank" style="text-decoration:none; font-size:9pt; font-weight:bold;">Zillow Mortgage Marketplace</a> 
					to see this content.
				</iframe>
				<div style="clear:both;"></div>
			</div>
			
			<div style="margin:4px 6px 0;height:15px;width:276px;">
				<a href="http://www.zillow.com/mortgage/#{scid=mor-wid-ltgr}" target="_blank" title="Zillow Mortgage Marketplace" style="display:block;margin-left:4px;height:15px;width:145px;float:left;"><img src="/static/images/zillow-mortgage-logo-small.gif" alt="Mortgages, Home Loans, and Mortgage Quotes at Zillow Mortgage Marketplace" style="border:none;"/></a>
				   
				<a href="http://www.zillow.com/webtools/widgets/MortgageRateWidget.htm#{scid=mor-wid-ltget}" target="_blank" style="font-size:7pt;color:gray;text-decoration:none;float:right;margin:1px 5px 0 0;width:80px;">Get this widget</a>
			</div>
		</div>
	</div>

Need a Mortgage?

Zillow Mortgage Marketplace

Competitive rates
Accurate, custom quotes
Thousands of lenders

... and, it's free and anonymous

Get instant mortgage quotes

Loan type
Amount
ZIP code

Learn about Zillow Mortgage Marketplace

Zillow Poll:

Suggested by Artie Blume

Lenders are required to disclose YSP like brokers. does this mean they cant be paid YSP?

Yes- Both can make YSP

No- banks only get paid what they tell you about

Next poll
Suggest a poll

Be A Good Neighbor

Zillow® Advice depends on each member to keep it a safe, fun, and positive place. If you see abuse, flag it. More on our Good Neighbor Policy

All Results (41752)

Zillow FAQs (1)

Home Buying (12953)

Home Selling (2978)

Mortgage (20562)

Housing Market (866)

Local Topics (297)

Home Ownership (589)

Home Improvement (75)

Home Q&A (2032)

Pro-to-Pro (377)

Other (1022)

Tools

Create an Email Alert

This alert is for the following:

How often would you like the alert emailed?

Partner Tools

In Escrow for 2 months, then no closing... I was using an FHA 203K loan

Contributions: 5

Contributions: 54

Have a question? Ask it here.

Most Active Real Estate Agents

Related Discussions

Discussion Are we doomed to rent or is there hope for us?

Discussion Must-Know Details Before Renting Montreal Storage Units ? Part One

Discussion All About Snow

Discussion $8,000 tax credit for home buyers extended and expended

Discussion there is a house in my area that is abandoned. How do i find out who to contact on purchasing it?

Related Articles about Home Buying

Guide Real Estate Buyer's Closing Costs

Guide List of Closing Costs and Fees

Guide About First-Time Home Buyer Tax Credit

Guide You've Opened Escrow

Guide Picking the Best Comps

Need a Mortgage?

Get instant mortgage quotes

Be A Good Neighbor

Tools

Create an Email Alert

This alert is for the following:

How often would you like the alert emailed?

Partner Tools

Nearby States

In Escrow for 2 months, then no closing... I was using an FHA 203K loan

Contributions: 5

Replies (1)

Contributions: 54

Main Image

Have a question? Ask it here.

Most Active Real Estate Agents

Related Discussions

Discussion Are we doomed to rent or is there hope for us?

Discussion Must-Know Details Before Renting Montreal Storage Units ? Part One

Discussion All About Snow

Discussion $8,000 tax credit for home buyers extended and expended

Discussion there is a house in my area that is abandoned. How do i find out who to contact on purchasing it?

Related Articles about Home Buying

Guide Real Estate Buyer's Closing Costs

Guide List of Closing Costs and Fees

Guide About First-Time Home Buyer Tax Credit

Guide You've Opened Escrow

Guide Picking the Best Comps

Need a Mortgage?

Get instant mortgage quotes

Be A Good Neighbor