Brief backstory for those new to our situation-
USDA Direct Loan for a house we’ve been under contract for since April 15th w/ original closing set for June 15th. Extension to July 31st.
File arrived at USDA closing agent’s office this past Wednesday, July 15th.
I just got a call from the freaked out seller (for sale by owner) saying her attorney told her our attorney was told by the USDA that closing would be in early August!
I’m about to throw up & the seller is upset at having to pay this month’s mortgage & not being able to close on their new construction home until we close on this one. There’s no way they’ll sign another extension unless we pay their mortgage payment for August.
All I can do is wait until Monday & make some phone calls, hoping to somehow speed this along. I can’t believe we may not move until next month.