[Yucatan2]

Swampy, we had a similar problem recently. We had our home in Virginia on the market and wanted to buy a re-sale in TV. Got an offer on our VA house in January, and the buyers were going through the process of home inspections, repairs, etc. The TV house we were watching went off the market, then back on at a lower price. We came down with a trailer load of stuff for storage and met with the realtor, made an offer for 10K less that night (before her open house the next day!) It was accepted. We go back to VA, and 3 days later OUR buyer's financing fell through! Luckily our VA house is paid for, but we still needed a mortgage for TV because we already had an equity loan. We used Sun Trust in an effort to avoid Citizens. I thought the loan process was a royal pain compared to our other home purchases, all pre-crisis. We have excellent credit, good income, very low debt and still were raked over the coals so to speak. Especially on the point of whether FL was to be our primary residence. The lenders have gone from giving anyone who breathes a loan, to being incredibly over-cautious. More than once we had wished we had sold our house first and paid cash down here. Closing was on time but as mentioned earlier, the title company barely came up with the cash to close amount in time for us to get to a bank for the cashier's check. Our home in VA is STILL for sale, hope we get another offer soon! I'm so glad the lending process is over and we are enjoying TV!