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Old 04-06-2010, 10:08 AM
 
Location: Simmering in DFW
6,952 posts, read 22,688,447 times
Reputation: 7297

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unless you can get more details on the lien and the progress of satisfying it, your idea to find another place are what I'd be doing........
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Old 04-06-2010, 10:24 AM
 
Location: Barrington
63,919 posts, read 46,738,058 times
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Quote:
Originally Posted by postmortem View Post
Smells like second mortgage or HELOC
I agree. Sounds like negotiations between first lender and subsequent fell apart.
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Old 04-06-2010, 12:27 PM
 
28,453 posts, read 85,379,084 times
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Given that the OP sounds to desire to look for something that falls under the nice USDA program AND take advantage of the nice buyers incentives I would CERTAINLY still be shopping in a VERY big way.

This deal looks very unlikely to work out...
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Old 04-06-2010, 08:37 PM
 
Location: Montgomery Village, MD
516 posts, read 1,376,045 times
Reputation: 234
So we went and saw our only other option today, and sadly it was not 'the one' either so we are left with either sucking it up and purchasing a home we don't love or staying put and hoping for the house to work out or something better to come along.. blah.

Evidently it was lien that put ON the seller, like a judgement or something.
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