Quote:
Originally Posted by obert
Anyone have thoughts on what this will or could do to the market?
I am in the final stage of selling a home. As in paperwork is being made up for me and the buyer to sign off on. They gave me less than 30 days for everything to be finalized. Think I will be okay?
My hope is to seal this deal and then let the market drop so I can buy another home.
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There's a high probability that the lender will have to obtain, with regards to your buyer, a verbal verification of employment within ten business days of closing.
So obviously there is a possibility of a problem if the buyer has been laid off. As time ticks on that probability may increase.