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My Sister Has Put 20000 On A 69000 Home And Now Can't Get A Loan. Can Anyone Help Me?
My sister has put down 20000 on a home that the asking price is 69000 and now can't get a loan. Can anyone help?
asked 3 months ago
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As you do not indicate what state home is in: Most Real Estate Contracts contain a clause wherein it states (not verbatim): Should buyer be unable to obtain financing within ___ days said contract is null & void and any earnest monies being held in escrow shall be returned to buyer within ___ days upon proof of declination of said mortgage.
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answered 3 months ago
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