We saved for months and years for our down-payment on a new house.
We waited until we were at a comfortable level of savings before we started to look.
We spent weeks looking at run-down house after run-down house.
Last week we found the house we wanted, a little less land (only 4.6 acres), needs a lot of work to get it to where we would want it, but livable as it currently is.
We put in an offer, went back and forth with the seller, and finally agreed to her final counter offer on Sunday at 10:04pm.
Went to the bank yesterday and everything looks good, except, that now they feel we need another $17,000 for our down-payment. in 2 months!
"Well just get someone to give you $20,000" the loans officer said! What world do these people live in?!
We do not have someone to just "give" us $20,000, and we can't come close to adding that into the account in the next 2 months!
We are waiting for the last mortgage lender to tell us their opinion and then we have no choice but to back out of the deal.
We see no other options and are all beat down tremendously. I have spent the last two days randomly bursting into tears and can no-longer think straight.
Three months until our lease is up and back to square one.
No comments:
Post a Comment