Just more of a rant post. Last night we got word that the buyers for our house had to back out because of financing issues with their current lender (Rocket Mortgage). The end of their due diligence period was actually today. We were supposed to close on 06/04 and then close on our new house 06/06. Now we're not sure where to begin. Our realtor said he referred our buyers to a new lender but doesn't know time frames for anything new to potentially getting approved. We of course do not want 2 mortgages so the whole situation sucks. Anyone else deal with something similar and did it work out? What would you do in our situation?
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source https://www.reddit.com/r/RealEstate/comments/1kmc1k5/buyers_financing_didnt_go_through/
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