Update: Prayers are working. I'm about to be homeless because of the shut down, but I still support our president!

I talked to the real estate agent about this,, and she said she would ask the seller. So...fingers crossed.

Good luck, OP.

You can sleep on my couch

Updates?

Been praying for ya buddy.

Thank you. Good news and bad news; I just got back after spending the past two days down there (house is 3 hours away from where I am now). We have pushed the close date back to the 18th, and the seller has agreed to rent us the place on a weekly basis if the shutdown continues past the 18th. So, that is a huge burden lifted.

Bad news is apparently my university pulled a class from me and gave it to someone else without telling me. This apparently dropped our household debt/income ratio to be 1.3% higher than the approved line. So I spend all day begging to teach anything extra at the university and looking at different loan options. FHA has a comparable loan, but requires a much larger down payment - and it's still a federal loan they can't issue with the shutdown. That is a backup option, and we are willing to just sell stuff until we get enough for that down payment if we have to - we should be able to squeak by with that but it might take another month to get it (since it has to go through the loan process again). Hopefully, I can pick up a few credits and get the original loan.

On the plus side, I talked to my father, who used to be a law professor, about our current renting situation. He did say we should have enough legal standing to get our down payment back, since state law overrides our lease agreement. Although he did say to not push for waving the lease break fee, because that requires proof I don't have (I just have hearsay), and with the loan up in the air, it's best to take what you definitely can get. He said wait until after everything has settled, and if the place is rented out within 2 weeks, then there may be some way to get that money back.

Our local news had an entire segment about people in my situation for all the crazy Canadian doubters.


[link to www.wbrc.com]

Last Edited by Zedakah on 01/08/2019 08:52 PM