Quote:
Originally Posted by flipper35
The credit union had already seen the pictures and was waiting on the appraiser, but the current appraisal was $15k above the asking price. The house was livable unless there was an issue with the foundation that we could not see.
There were ceiling tile missing.
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Here a broken or missing sink in the kitchen is enough that a CO can’t be issued.
You almost certainly lost out to an equivalent cash offer. Unless you were in escrow there’s nothing - other than ethics (from a bank - ha) - preventing them taking a different offer.
Their duty is to their investors and a guaranteed close now > wait some.