Do you believe the shutdown will cause closing delays of some loans?

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Oct 06, 2013 Views1,449 Answer a Question

#1 Awarded – Best Answer
About 10 years ago
The potential certainly exist for FHA and VA loans. Also, some conventional loans if the buyer has a commission sales or compensation positions. Most lenders require a copy of the last two years taxes to be provided by the IRS. Since this office is closed the buyer could face a delay in their closing.
About 10 years ago
NAR had provided this update on the situation for Realtors and consumers to utilize. This webpage will be kept current, and each new update is dated.

Here's the link to their informative article, please share it with your clients and other Realtors. Hope this helps our members,

http://www.realtor.org/articles/government-shutdown-updates
source:
http://www.realtor.org/articles/government-shutdown-updates <br>
About 10 years ago
Hi Diane,

Both Veronica and myself posted some links to reference regarding the shut down and its possible affects on real estate. (See a couple threads down). Check those out for some good information.

Darby

Disclaimer: Answers provided are just opinions and should not be accepted as advice.
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