Just bought a new house, questions on finance and home inspection

[lendingbubblecontinues]

pk92108–

Way to cheer on the newest member of the GF/FB club! May I assume that the “pk” portion of your handle refers to when you bought your home: the peak??

[Bugs]

From an appraisal standpoint I would not automatically assume the property will reappraise for the same amount as your purchase price. That’s particularly true if there’s more than a couple months lag between your contract date and the close of escrow. Remember, your builder is probably wheeling and dealing with a number of prospective buyers right now and there’s no telling whether your deal is as good as theirs’.

No matter what, a prudent lender will have any appraisal they get under these circumstances reviewed, closely, to ensure they don’t overencumber the property.

[Bugs]

From an appraisal standpoint I would not automatically assume the property will reappraise for the same amount as your purchase price. That’s particularly true if there’s more than a couple months lag between your contract date and the close of escrow. Remember, your builder is probably wheeling and dealing with a number of prospective buyers right now and there’s no telling whether your deal is as good as theirs’.

No matter what, a prudent lender will have any appraisal they get under these circumstances reviewed, closely, to ensure they don’t overencumber the property.

[Bugs]

From an appraisal standpoint I would not automatically assume the property will reappraise for the same amount as your purchase price. That’s particularly true if there’s more than a couple months lag between your contract date and the close of escrow. Remember, your builder is probably wheeling and dealing with a number of prospective buyers right now and there’s no telling whether your deal is as good as theirs’.

No matter what, a prudent lender will have any appraisal they get under these circumstances reviewed, closely, to ensure they don’t overencumber the property.

[Bugs]

From an appraisal standpoint I would not automatically assume the property will reappraise for the same amount as your purchase price. That’s particularly true if there’s more than a couple months lag between your contract date and the close of escrow. Remember, your builder is probably wheeling and dealing with a number of prospective buyers right now and there’s no telling whether your deal is as good as theirs’.

No matter what, a prudent lender will have any appraisal they get under these circumstances reviewed, closely, to ensure they don’t overencumber the property.

[Bugs]

From an appraisal standpoint I would not automatically assume the property will reappraise for the same amount as your purchase price. That’s particularly true if there’s more than a couple months lag between your contract date and the close of escrow. Remember, your builder is probably wheeling and dealing with a number of prospective buyers right now and there’s no telling whether your deal is as good as theirs’.

No matter what, a prudent lender will have any appraisal they get under these circumstances reviewed, closely, to ensure they don’t overencumber the property.

[bob2007]

Congratulations on finding a home you like at a price you feel is a good deal. For people here to criticize the purchase without knowing the price is ridiculous.

This may or may not be the bottom, but it definitely is not the peak.

[bob2007]

Congratulations on finding a home you like at a price you feel is a good deal. For people here to criticize the purchase without knowing the price is ridiculous.

This may or may not be the bottom, but it definitely is not the peak.

[bob2007]

Congratulations on finding a home you like at a price you feel is a good deal. For people here to criticize the purchase without knowing the price is ridiculous.

This may or may not be the bottom, but it definitely is not the peak.

[bob2007]

Congratulations on finding a home you like at a price you feel is a good deal. For people here to criticize the purchase without knowing the price is ridiculous.

This may or may not be the bottom, but it definitely is not the peak.

[bob2007]

Congratulations on finding a home you like at a price you feel is a good deal. For people here to criticize the purchase without knowing the price is ridiculous.

This may or may not be the bottom, but it definitely is not the peak.

[CDMA ENG]

CDMA ENG…

Hey SD Realtor,

would you mind defining the word “soft” in this statement?

“1 – Have you verified that there is no soft prepayment penalty for the loan that you get from the in house lender?”

Thanks in advance,

CE

[CDMA ENG]

CDMA ENG…

Hey SD Realtor,

would you mind defining the word “soft” in this statement?

“1 – Have you verified that there is no soft prepayment penalty for the loan that you get from the in house lender?”

Thanks in advance,

CE

[CDMA ENG]

CDMA ENG…

Hey SD Realtor,

would you mind defining the word “soft” in this statement?

“1 – Have you verified that there is no soft prepayment penalty for the loan that you get from the in house lender?”

Thanks in advance,

CE

[CDMA ENG]

CDMA ENG…

Hey SD Realtor,

would you mind defining the word “soft” in this statement?

“1 – Have you verified that there is no soft prepayment penalty for the loan that you get from the in house lender?”

Thanks in advance,

CE

[Author]

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