Q: How did a buyer make it to closing without submitting tax paperwork? He had a pre-approval.
Edit for facts and clarity.
I accepted a contract on my house from a pre approved VA buyer. We went through inspection, title and on the day of closing it turns out he couldn’t get a loan, due to not filing 2017 Tax Returns. I am now out two months of payments and will have to deal with weary buyers.
Out here in Arizona to get pre approval, you need to submit tax paperwork. How could a person get pre approval without submitting tax paperwork, outside of fraud. Not talking about pre qualified.
How could a lender issue his pre approval?
Our closing attorney said “I have never seen anything like this before in twenty years”
A: There is simply not enough information to answer this question. As long as you had nothing t
A: There is simply not enough information to answer this question. As long as your father had nothing to do with the VA loan application, the problem, if there even is one, is not your father's. Interesting situation, if true, but I would not worry. Not your issue.
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