Legal Question in Real Estate Law in Virginia
I am interested in putting an offer on a short sale. I have been approved for a mortgage loan and have my letter of approval. The bank that is selling the short sale wants to do an underwriting to see if I qualify. Is that normal? They are not funding my loan. I really like the house. My loan officer said it was not normal and that they may just want my business. Should I just put in my offer and tell them I do not want them to pull my credit because I have a lender and have been approved for a loan?
Asked on 11/25/09, 2:31 am
1 Answer from Attorneys
Michael Hendrickson
Law Office Michael E. Hendrickson
You could tell them that you would prefer (that they not)rather than you "do not want them to pull (your) credit"...
Answered on 12/02/09, 8:44 am