Buying A Home
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Our tech team has launched updates to The Nest today. As a result of these updates, members of the Nest Community will need to change their password in order to continue participating in the community. In addition, The Nest community member's avatars will be replaced with generic default avatars. If you wish to revert to your original avatar, you will need to re-upload it via The Nest.
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Note: This only affects The Nest's community members and will not affect members on The Bump or The Knot.
Our tech team has launched updates to The Nest today. As a result of these updates, members of the Nest Community will need to change their password in order to continue participating in the community. In addition, The Nest community member's avatars will be replaced with generic default avatars. If you wish to revert to your original avatar, you will need to re-upload it via The Nest.
If you have questions about this, please email help@theknot.com.
Thank you.
Note: This only affects The Nest's community members and will not affect members on The Bump or The Knot.
Closing
Hello Everyone,
We were supposed to close on the 31st and i just spoke to our mortgage lender and she said that we wont be able to close in time (thats what she thinks). Since the seller is a little annoying we don't think he will want to extend.
So my Q is: How long did it take you to close? The mortgage lender said that now it takes about 45 days to close. My SIL closed in 3 weeks.
She said our papers were submited to the underwriter already and that we did get initial computer approval. We are still waiting on the appraisal to be done.
How long for the underwriter to approve?
Rita
Re: Closing
If you are not supposed to close until the 31st I wouldnt worry about it too much considering its only the 11th a lot can change from now until then. It depends on your area and your finances but where I am a usual close time is 30-45 days but it is different everywhere.
The type of loan you are getting may have something to do with the length needed. We are closing on a conventional and they said it would only take 4 weeks start to finish. I do know there are sometimes timing issues with FHA and USDA loans so maybe that is why it is going to take so long. At three weeks out I wouldn't think they would know there is going to be a delay.
We are doing conventional, so i guess we will see. Also, our property is still for sale and the guy did not take it down, is that normal?
Ditto PP. Although when we were under contract to sell our realtor changed the status in the MLS system but it did not pull over onto a lot of the listing websites like Realtor.com, etc. So I wouldn't be worried about that.
House we sold: 4 weeks after scheduled close - BOA FHA loan
House we bought: on time (small bank, traditional loan)
met DH 1995 ~ married DH 2006 ~ completed our family 2008
Life is good!