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 My husband & I only got $600 for economic stimulus instead of the $1200 we qualified for. Why were we shorted?
The stimulus is supposed to be $1200 for married couples who make less than $75k/year. We even did the calculate feature on their website and were told to expect the $1200. However, in our checking ...


 A potential renter is interested in a rent to own lease of a rental property I own ?
Typically what percentage or amount of the lease to own option is used as building down payment monies. Any resources for what to include in one of these lease to own agreements ?...


 What to do after you serve a 3 day notice to a tenant that won't pay rent?
I have a tennant that hasn't pay her rent i already gave her a 3 day notice what should i do ...


 Bought a house, Old occupiers left items in it, been 5months now they want it back.. What are my rights?
Bought a house 5 months ago, The previous occupiers left a few items behind, and an order came through for them. I didnt have contact details and assumed they would be round to pick the items up! H...


 How do i get a house with $10,000.?
My credit score is about 520. I owe $5,000 total in credit. Is there anyway i qualify to get a house in or out of ny without having to pay off the 5,000 on my credit report....


 How do i find out the owner to an abandoned house?
there's an abandoned house that is really interesting.
i went in there one day and
the house was FULL of stuff.
BAGS and bags and bags of clothes shoes books alcohol. etc
u ...


 Can a person really sue my grandfather and win???
an ex tenet who was evicted is now sueing my grandfather for un returned security deposit. well that sounds nice but you cant take money from social security or his pention right? please provide your&...


 Whats a good website for real estate?
...


 Is it legal for a landlord to allow two separate beauty salons to operate out of the same building?
I am the owner of a beauty salon and have been operating out of this same building for the past seven years without any problems. Recently, the landlord rented the storefront next door out as a ...


 Where does a single mother with decent, steady income, yet no so perfect credit begin to get a mortgage loan.?
I have been trying to repair my credit for the past few months so I may purchase a home with no money down. How can I go to a closing with no money down?
Additional Details
I have been ...


 Landlords, apt mgrs, please read. move out question.?
Lived in the apartment 2 years. Originally had a roommate. He left a couple months ago, just picked up and left one day. I found out I was moving 1400 miles away. It was a very quick decision. I gave ...


 Urgent Renting Question?
If I have been renting an apartment for 10 years, and next month (July) I am planning on moving around 10th-15th, my landlord still requires us to pay the entire month's rent when we only want ...


 What to do if you can't be flexible on the price of your house?
My husband and I are putting our house back on the market. The price we have it at breaks us even. We won't make money and we won't lose money. That means we don't have an flexibility ...


 How can I stop paying rent without getting evictied until the landlord makes repairs?
We have repaired most things for th past 10 years but now we cant afford to do it anymore. and the outside wall of the house is collapsing, I have sent pictures for years and she just tells us to me ...


 Do landlords have a right to walk up in your apartment without your knowledge or prior notice?
I was out yesterday & today, & I come back, & the landlord left a message on my door, saying, "Clean this place up! It stinks."

I had an altercation 2 weeks ago with ...


 What is the site called were you can find out how much houses sold for ??
...


 On a short-sale, can a bank make a counter-offer higher than the listing price?
Two months ago, we put in an offer on a house. Details (using made-up numbers):

Last sale price: $300,000
Listing price: $200,000
Our offer: $210,000 (there were other offers)
...


 How can a landlord take your rent money and not pay off the 8 liens on the property he hasn't paid one dime.?
and never payoff the 8 liens he has against the property and the lawyers are getting ready to foreclose on the property.He hasn't contacted anyone about these 8 liens that he does not plan on ...


 What website do you use to start your search for Real Estate?
Trying to figure where to spend my marketing dollars!...


 Do you have to be married to buy a house together?
My boyfriend and I have been thinking of renting a house together, then we thought it would be a better idea to spend 600.00 a month on a house payment rather than throwing it away on rent. Can he ...



A G
Can an agreed mortgage offer be withdrawn?
                     
 




thepenismightier
Mortgage offers are generally legally binding until the expiration date specified in the offer.

The only valid reason for withdrawing an agreed mortgage offer is if some material condition had changed - for example, new information was discovered, you failed to provide information they requested, you've lost your job, incorrect information was provided on the application form, and so on.

If none of the above (or something similar) applies, you can insist that you get the mortgage. Consult with a lawyer to be sure.


dslandau
Yes. It's never final until you close. If you received a committement letter from a lender, it's usually conditional on meeting their underwriting guidelines. If you end up not being able to document something for their underwriter(s), they can withdrawal their offer.


Wantstohelpu
Rating
Hiya

It would be unusual - but yes, there may be a change of circumstances that mean it would happen like:

Death of the lender prior to exchange of contracts.

House burns down prior to exchange of contracts.

Something cropping up that makes the property unmortgageable, like it suddenly falls over a cliff.

New information regarding the borrower that may invalidate his application like false declarations of income or other inaccurate details

Forgery or fraudulent applications and so on........


angie n
offers of mortgage depend on validation,the information you supply to your lender,if the information is incorrect or the purchase price is lower the the buying price, then your lender is entailed to decline there offer


bostonianinmo
Without knowing the reason behind it it's hard to say but there are any number of legitimate reasons that it could be withdrawn.


derek g
Rating
if your circumstances have changed they can.


laurel g
Rating
If Escrow is still open, most anything can happen. After Escrow had CLOSED on one of my houses, the family decided NOT to pay for the home! In this case, the people had decided not to pay, because our neighbors were woderful people, educated and knowledgable.........Godparents of my son................BUT, they were people of color, and THAT just UPSET them, completely. This was not anything anyone had tried to 'hide' or anything.............but, THAT is why the people opted out of the deal. (I was so angry at these people, only BECAUSE they had hurt our friends' feelings and were just cruel! So, because they were being discriminatory about our friends, I did sue them. I got some money, enough to pay for my escrow filings, etc., and a bit more. Still, the only reason I did sue them, was for 'hurting our good friends'. (Can YOU imagine having your friends call you to say, "I"M SO SORRY! Those people were moving in, and they saw our daughter........so, they tore the 'sold' sign off, and started carrying everything back to their truck!" Well, I'll tell you this..............it made me furious that they had hurt this family, and I wanted them to realize it!


Faye W
Rating
Agreed mortgage offers with banks are vail for 6 months the only reason they could be withdrawn would be a change in your circumstances.


Crazy Cat Lady >^..^<
if its in writing I don't think so..Oral agreements are illegal


qwerty
Rating
usually there is a time period, maybe 3 months


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