How long are USDA 100% financing loans taking to get to closing in your area?
I am a seller here in North Carolina.
My agent thought he was being on the safe side by putting a date 6 weeks out on our contract. We were due to close next week. The house has been under contract, and thus off the maket during this time.
Now being told by the lender that the Rural Development office in Raleigh is running about 4 weeks behind, so the closing may not happen for a few more weeks.
If I had know this, I may have put a "continue to show" clause in the contract, just for back-up. Has anyone else done this?
I'm bummed. I thought I had cut the grass for the last time last weekend!
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