Pending decline

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  • #72397
    SkinsNation
    Participant

    Yesterday my lender status was pending suspended, today it says pending decline with the same condition which is to have the seller agree to drop the price $250 to match the appraisal. Any insight on why this went from suspended one day to decline today? My realtor sent the addendum to drop the price by $250 today to the sellers. There obviously going to sign it but we just haven’t gotten it back yet. Any insight will help

    #72400
    Nelsont
    Member

    I wouldn’t worry about it. Suspend means they reached a stopping point. Decline means meet the condition or else. Why it was one and then the other is probably an internal thing and why it only took 1 day is also probably internal. But since you are going to meet the condition it won’t matter.

    #72403
    TTrumble
    Member

    Hello SkinsNation,

    Nelsont explained it well. Long story short, just get the addendum completed and submitted and you will be fine.

    Tim Trumble
    Online Operations, NACA

    #72406
    SkinsNation
    Participant

    Thanks NelsonT and TTrumble for your responses

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