Too late to use mortgage contingency ?? PA state?
Hi I need timely advice.
I am under contract to buy a home. After a lot of negotiating with hard balling sellers I accepted the home inspection contigency.
(The roof is illegally installed so they gave money towards it)
I had food poisoning and was running a 104 temp when I was dealing with them. I realised that because of 2 of the 4 bedrooms are not heated and are in an attic that they can't be called bedrooms.
The comps change dramatically with this house only considered a 2 bedroom. :(
Now its too late to use home inspection as get out clause.
And the RE agent is related to the sellers so her attitude is that I should just buy it and sell it immediately if Im not happy.
My mortgage lender may have just ordered an appraisal.
Is there anyway I can ask my mortgage person to turn me down ?
Im putting down 50%, so is it impossible for my mortgage person to say I was denied ?Should I tell them the new facts ?
Im really freaking out here. Any help incredibly appreciated
Too late to use mortgage contingency ?? PA state?opera sheet musicWow, I'd hate to be the agent representing the sellers. Our opinions: Tell your lender the story and watch what happens. Don't ask the lender to do anything but tell them to act in their best interest.
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