Complete certain repairs and a seller credit is negotiated

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Question: Jasmine Jones receives the Loan Estimate as well as the additional required disclosures 3 days after she made her loan application. She comparison shops loan rates and fees with several other creditors, obtains homeownership counseling and chooses to proceed with Big Bank creditor. The appraisal is ordered and the loan is processed. Closing is set for April 30. At the final walk-through of the property it is discovered that the seller did not complete certain repairs and a seller credit is negotiated.

Reference no: EM133378854

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