Been going back and forth with the negotiator. He keeps telling me, "you will have the approval either today or tomorrow"....he keeps telling me this every day...finally I get this today from him. What do you think this means?
"Hello, well at this moment we have the MI approval on the 1st lien and the MI on the 2nd lien approved it however now the investor on the 2nd lien is holding the approval. The investor on the 2nd lien is having all their loans on hold due to insurance purposes. I honestly don't know when i can send you the approval letter but i do have all the approvals i just can't send you the approval until i get the final ok. It will hopefully be by early next week. I apologize but this just happen yesterday (the hold on the loans) other wise i would send you the approval today."
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Darren,
Don't hold you breath. I'm no realtor, I'm just a buyer but I hope you are communicating everything in writing with this guy.
Rich