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The property I am buying has multiple owners and one of them has filed chapter 13. So due to delays

Since the owner cannot close escrow on time, my loan got revised and now I am getting 0.5% more interest rate as I was getting 2 months ago
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June 18 2013 - San Mateo
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Answers (3)

Depends on the contract wording and clauses selected...  I would point out that your interest rate is un likely to go back down if you cancel this offer. So if your canceling buying a home right now , then look into the contract wording,
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June 19 2013
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owner filed chapter 13. due to that closing delayed and my loan got revised. My question is - can owner backout if selleres are not able close on time.
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June 18 2013
Sounds normal. Your question?
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June 18 2013
 
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