Wanna make offer, pre-approval fell through
Jun 18, 2017
32 Comments
Okay so I was half ass shopping for homes on Thursday and fell in love with this one home. Offers are being reviewed on Monday. Very little time.
I contact a lender, an agent, and a home inspector. Lender promises pre-approval by Monday. We get a pre inspection done on Sat. Start drafting offer with agent.
Then I hear from the lender today (sunday evening) that sorry cant pre-approve you. After keeping me on the hook for 2 days he tells me I have insufficient tax history in US (moved to US a year ago). This is something that he checked off earlier saying- wont be a problem.
Anyway I'm really wanting to make an offer tomorrow and I dont know what to do since an offer without pre approval in Seattle is a dead offer.
Any pointers?
comments
We make pretty decent monthly salaries to be sure, but not enough that a big house bill isn't going to turn into near-poverty.