Point out potential reductions in income and property value (due to coronavirus) to mortgage lender before closing?

[KSLoanOptions]

IRS is going to be taking much longer to provide transcripts is what I have heard while we are all on a "break" for this coronavirus thing.

[rbwpi]

Originally Posted by GVLNATIVE

... (although I'm thinking about asking for a price reduction).

How would you react to the seller asking for a price increase if the value of the property increased after the contract was signed?

[SmartMoney]

Transcripts were never meant as an underwriting condition, but QA measure. Every lender has taken it a step too far. Most are waiving this condition if the file is clear to close