Signing Loan Documents
Hello BP Family! First off, thanks for all the information and assistance you provide for people like me who have more questions than answers. I've found the property in which I want to invest. I've been pre-approved for the asking price of the property ($24,900), and the mortgage banker at Quicken Loans has generated the documents based on that price. However, I do not plan on purchasing it for that price.
Should I be signing these loan documents for a number that may change, or should I negotiate a price that gets accepted by the seller and then sign the documents? Thanks in advance!
Stacey