Almost got it done! Lender called for 2 appraisals. One came in fine, but the 2nd one was $2,600 short, and the lender said we HAD to use that one. So everyone gave a little and now are sorting through the repair list. It is like having a baby! The lender (owned buy a large national Real estate company ) is not local, so the poor LO has to constantly call and email to get clarification.
Moral of the story. ALL REAL-ESTATE IS LOCAL Use local lender with local underwriting. The LO needs to be able to walk down the hall and ask the underwriter questions, not email and be put on hold for a 1/2 hour.
Are you having problems like this? It has literally sucked about 10 hours of my time away and makes me not focused on my other business!
Comments(3)