Sellers not meeting terms of sale?

[campion]

Originally Posted by SmartMoney

There you go - if you have a state bond loan, an extension shouldn't cost you to extend your lock one time. Ask. Your loan officer doesn't get paid if you don't close, so if you don't get the answer you want, call PHFA and ask them the policy on rate lock extensions - you don't have to give a name, tell them you are exploring options. (A state agency, and most government agencies, are very consumer friendly)

Do not close unless you are satisfied with the repairs. Most banks require you to sign a statement that the repairs are to your satisfaction, so do not sign that statement if not true. I don't see a downside if you can secure your lock and I think your chances are good to do that (and rates should be the same or maybe better).

I'd have to go back through some documents, but I think the rate lock is already good through August. We'll see what I find today at the walk through. If the seller can show me the report from the roofer, along with a warranty, and the other things he had to fix are ok, then maybe everything will be okay and I'll be able to close.