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Wasted $600 on a bridge loan that fell through last month
Took out a bridge loan in Austin to cover a down payment on a new house before the old one sold. Lender promised a 30 day close but dragged it to 45 days. By then the seller backed out and I lost the appraisal fee plus the loan origination. Anyone else get burned by a bridge loan timeline?
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the_cameron26d ago
Austin delays are brutal right now because sellers know they have leverage with all the cash buyers moving in from California. That 45 day drag killed your deal more than the lender did honestly.
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diana2026d ago
Real estate timelines are just a perfect example of how everyone's in a hurry but nothing can actually happen fast anymore. Even trying to get a simple contractor out for a repair quote these days feels like you're booking a wedding venue six months out.
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