So it doesn't look like we are going to be able to get this house either! Little background-Last month we found a flip house, offered on it, they accepted and we proceeded to closing. 6 days before closing we got a call from Countrywide saying they were cancelling all accounts that hadn't closed yet. That was us! We applied at a couple other places for financing but things had tightened up and even though we qualified for a loan it wasn't enough for that house so we went searching for a new one. We found this one! We were pretty excited because it could be someplace we actually wanted to stay. 1/2 an acre! Wahoo! We offered on it for what we were approved for they counter offered and we counter offered back at 7,000 more than what we were approved for thinking we could push it because our loan officer said it would probably be no problem. So we submitted our paperwork to get approved by the bank for the new offer. And guess what? Denied! Not only were we denied for the new offer but they said because things had changed that week we were no longer approved for the previous amou

nt. They said if we had applied a week earlier we would have got it. Suckola! So heres the house that would have been! By the way it h

as a basement.
1 comment:
Hey we feel ya. Not quite the same, but the same nonsense with this market and the loan issues.
Hang in there...
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