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Updated over 8 years ago on . Most recent reply

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John Korn
  • Rental Property Investor
  • Pittsburgh, PA
10
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28
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Bank is demanding to see Inspection Report??

John Korn
  • Rental Property Investor
  • Pittsburgh, PA
Posted

We are already 1 week past Mortgage Commitment Date and 1 till closing and Bank is requesting to see Inspection Report.  Has anyone had this happen before?  I've never had happen before except for this bank....which i will never work with again.  This is just one of many issues with (Dollar Bank).  Horrible.  

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Chris Mason
  • Lender
  • California
10,791
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Chris Mason
  • Lender
  • California
ModeratorReplied

Hi @John Korn,

Have the real estate agents been doing this for longer than five minutes? Why is the inspection mentioned in the contract? Did you check in with them before sending in a snippit of an inspection?

This has the potential to blow your deal up, unless that inspection report listed virtually no issues. If the bomb drops, and you will know it when you see it if it does drop, your next phone call is to your agent to ask for a referral to a lender that is local to you that can deliver on speed.

  • Chris Mason
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