Sunday, September 29, 2013

Is FHA or VA Part of Your Transaction? Watch Out.

Well, it's looking as though the federal government will be shutting down faster than a bar in Utah. To know more about the who's and the what's, read this article in USA Today.

But if you've got an escrow set to close, if you're making an offer on a home or even thinking about it, and you're using an FHA or VA program, you need to plan accordingly. If the government shuts down, your escrow may not close and your offer will receive a different kind of scrutiny.

Yeah. There oughtta be a law or something.