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Answers (3)
Best Answer
- Joseph Domino, "ScottsdaleAZHomes"
- Contributions:176
Stephanie,
You are doing good. I have had LO send docs 1 day before, needless to say we were late.
There is still plenty of time to close, barring any unforeseen problems.
Depending on how your contract was written, your loan docs and down payment probably need to be to title by May 6 before your EM is in jeopardy. If you do not get final approval by then, you will need to consider an extension to protect yourself. Your agent should be able to explain how your contract is written and what your responsibilities are.
You are doing good. I have had LO send docs 1 day before, needless to say we were late.
There is still plenty of time to close, barring any unforeseen problems.
Depending on how your contract was written, your loan docs and down payment probably need to be to title by May 6 before your EM is in jeopardy. If you do not get final approval by then, you will need to consider an extension to protect yourself. Your agent should be able to explain how your contract is written and what your responsibilities are.
- Spirit Messingham, "TucsonSpirit"
- Contributions:663
No worries, that is plenty of time. This is more of a question and concern for your lender. Make sure to stay in touch with them, even offer to pay for a "rush". Honestly, you have plenty of time, & you are in pretty good shape.
Best of luck.
Spirit
Best of luck.
Spirit
- StephanieJackson4
- Contributions:3
Thank you for answering, I have been so stressed about this whole process and loosing sleep over it. You just made me breath a little easier, Thank you
Stephanie
Stephanie
So we are suppossed to close May 12th 2011, but my LO just sent my papers to the underwritter on Fri
We are using the Lending Company Thats who my LO works for, In all honesty do you see me closing by May 12th or do I need to ask for an exstension
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