Transfer Appraisal

QuestionsTransfer Appraisal
Audra Marcantel asked 6 years ago

My loan  didn’t close due to HOA not haivng Budget Reserves.  I have a new Lender who has no problem with the HOA not having Reserves. And I have a better deal with new Lender.  The new Lender sent me an Appraisal Transfer Letter to give to Chase.   Is Chase known to transfer Appraisal?   Also, I am hoping the Seller ( REO Property) grant me an extention since I have a new Lender.   If they don’t I still get all of my earnest money back because the loan didn’t close due to the issue with HOA.  

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