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Response to sorefeet (Original post)

Wed Apr 30, 2014, 09:31 AM

5. Is it the cold that is preventing painting?

If a closing is delayed, the lender may recalculate the interest rate and changes from what you locked in are possible. It's not really a rip-off, but rather market conditions that affect this.

If the exterior paint on the home has deteriorated, VA loan rules may require painting before signing off on the loan. You might want to check with a couple of more painting contractors on the job. If the current owner of the property is holding back on the repainting, and you can find a contractor who will do the job, you might be able to convince the owner to switch contractors.

I don't know, but I think you're perhaps misunderstanding the lender's communication. I'd get back with your loan office and get some clarification.

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sorefeet Apr 2014 OP
ananda Apr 2014 #1
pipoman Apr 2014 #2
Godhumor Apr 2014 #3
Old Codger Apr 2014 #4
sorefeet Apr 2014 #6
LineNew Reply Is it the cold that is preventing painting?
MineralMan Apr 2014 #5
sorefeet Apr 2014 #7
MineralMan Apr 2014 #8
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