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Need help, trying to close on a house with BOA and nothing but problems :(?

Here's where I'm at: I'm trying to buy a HUD foreclosure through Bank of America. Your given 60 days to close the contract through HUD. I am coming up on 60 days. When BOA did the appraisal they said there was inadequate heat. I got an estimate from a heating contractor to remedy the issue (install wall furnace) and they said everything was fine. I'm on septic and NOTHING has been said about it. I was under the impression that it needed to be tested/inspected before a loan will be approved. I'm running out of time to appease the banks requirements, even if I get an extention. Like i said they havent said anything YET. Currently I'm just waiting for the bank to find representation to close the deal. I keep asking if there's "anything else I need to do before closing" and keep getting an answer of no. I'm just worried their going to bring up the septic at the last minute before I close, and I won't have time to remedy the problem, if there is one. Any help out there!? I am not trying to be reactive towards the system. The fact is I'm getting a steal on the house, and have no problem taking a home equity loan out, if there happens to be an issue with the septic. I'll have plenty of equity in the house at closing, I'm just worried that time may not come, and I'll lose my down payment and chance at a great deal on the house! And no, it is not an FHA insured mortgage, just a conventional through BOA. If anyone cares to look, or has the time. I found this resource which eases my mind a bit. http://www.rivercenter.uga.edu/education/upper_altamaha/pdf/fall06_memo_onsite_inspection_d'angelo.pdf A study that basically says septic inspections aren't mandated my lenders unless there is an obvious problem, or state/local gov'ts require it.

Public Comments

1. If you feel the septic might be an issue - why haven't you brought it up yourself? Be proactive, not just reactive. There are good loan officers and processors, and not so good ones at most large companies. This is why it is so important to find the right one up front, instead of just shopping for a company name or worrying about an 1/8 of a point. Get in there and do what you need to do to get the job done, or risk losing the house. Also, if necessary call through the branch manager, who may be able to step in to make sure it is going as it is supposed to be going.
2. I read your Article. I have applied for series of Loan in different loan companies online and end up loosing my money.I lost $2,400.00 in the hands those internet loan scammers, who claim to be loan lenders. I lost every penny i had till a friend directed me to Macro Loan House, were i applied for a loan of $46, 000.00 which was Approved and transfer to me. I will advcie you contact the company too for possible help. Company email: macroloans@gmail.com