Urgent! Please help!!!

To all the gurus here, please help!


Recently I just bought an investment house, the closing date is 3/23/12. The house is $140K.


I have a 25/75 loan in process. My loan agent is not sure if the money can be funded to escrow by then.


My question is: Can I fund the escrow by wiring my own cash to help close the deal on 3/23/12. And when the loan is also funded to Escrow (probably couple of days late), the escrow will then refund the cash balance to me.


Is this solution feasible?


Or is there a better solution?


Many many thanks for all your inputs!!!

所有跟帖: 

你应该让卖家延迟过户的时间。 -SunshineInCA- 给 SunshineInCA 发送悄悄话 (0 bytes) () 03/12/2012 postreply 14:00:54

Just tell your agent that you want to buy with cash -DoubleDelight- 给 DoubleDelight 发送悄悄话 (69 bytes) () 03/12/2012 postreply 15:28:47

Thanks so much for sharing your thoughts, but -sleepybird- 给 sleepybird 发送悄悄话 (349 bytes) () 03/12/2012 postreply 17:01:09

no. Escrow won't refund (lender will not fund if escrow already -jjj7- 给 jjj7 发送悄悄话 jjj7 的博客首页 (0 bytes) () 03/12/2012 postreply 19:56:10

cash buy first and then cash out.... -MrsKwok- 给 MrsKwok 发送悄悄话 (0 bytes) () 03/12/2012 postreply 17:48:02

Thank SunshineInCA, DoubleDelight, jjj7 and MrsKwok's help!!! -sleepybird- 给 sleepybird 发送悄悄话 (53 bytes) () 03/12/2012 postreply 21:05:20

让银行推迟auction -小八腊子- 给 小八腊子 发送悄悄话 小八腊子 的博客首页 (235 bytes) () 03/13/2012 postreply 00:14:05

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