Finally after 9 months of horrible waiting time as a buyer, i got the approval from both 1st and 2nd bank. every thing is done from my side. 2nd bank ( Chase) has already extended approval twice and their 2nd approval is expiring tomorrow. i found out that seller has difficulty to move out and aksing for 2 more weeks. still seller is in the property i can not close.
for your information seller had around 35K loan with Chase and first bank is paying 3500 and i am as a buyer paying around 6000 to get the approval. however, now their approval is expering tomorrow. sellers agent is planing to ask for another 2 weeks of extension.
does any body has an experience with this? how feasilble is to get the extesion for 2 more weeks.
thanks for your expert openion and looking foward to your good wishes so i can get this deal smoothly and get into this house as soon as possinle.
thanks
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I am so with Jeff here. GET IT CLOSED! Screw those extensions. Evict the Seller if you have to after close, which isn't easy, but you'll get your house. It's so hard to get approvals, why let a lazy Seller mess you up?
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