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Updated over 8 years ago on . Most recent reply

User Stats

10
Posts
1
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Tyler H.
  • Las Vegas, NV
1
Votes |
10
Posts

Releasing EMD Early

Tyler H.
  • Las Vegas, NV
Posted

Was set to close on my first house on 9/12. Seller's name on purchase agreement didn't match the name listed on the LLC and we had to have an AKA signed for underwriting which required an extension to yesterday, 9/16. This process (I'm told, by RE Agent and Loan Officer) was difficult to resolve mostly due to the seller being out of the country. Yesterday, I signed an E-Mail docusign to extend COE on 9/23 after Loan Officer and RE Agent indicated the issue had been resolved and we would have Closing Disclosure by Monday to close by Thur/Fri. I am now being asked to sign another docusign extending COE to 9/23 and additionally release EMD to seller. Any questions or advice as this doesn't seem appropriate given the situation. Maybe I'm wrong, but that's why I'm here. Thanks in advance.

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