ION, the Pre-Qualify isn't strong enough for the selling bank. So now I gotta go through the Pre-Approval process (another $125 fee). And more time. Ugg. So frustrating. Which apparently is basically applying for the mortgage itself. So hopefully this will save hassle down the road. And hopefully this one won't fall through, so all this won't be for nothing. But. Ugg. Crazy. If it does fall through, I really have to think, do I want to even look at short sales anymore? It's about all I can afford. But. Golly, the hassle is a hassle.

{{{omnis}}} You are doing what you can and I'm sure your calls mean a lot to your father right now. You can't change your siblings, no matter how much you might want to. As far as the short sale goes, I really hope this one comes through for you.

omnis, a pre-approval ought to be good for a certain period of time, so even if this sale falls through, you can go look at another house with pre-approval in hand, which will make the whole process much easier and quicker. My sister says never start looking at houses unless you have a pre-approval. It's like cash in hand.

Apparently (i'm still learning) the pre-certify is easy to get, and is just a "yup, we can do business with him" and gets your foot in the door. The pre-approval is specific to a property AND me, and is harder to get. So, not sure how much it would transfer to another property, should this one fall through.

omnis, a pre-approval ought to be good for a certain period of time, so even if this sale falls through, you can go look at another house with pre-approval in hand, which will make the whole process much easier and quicker. My sister says never start looking at houses unless you have a pre-approval. It's like cash in hand

Our pre-approval lasted for 3 months at a time. They do have to run your credit every time they do one, which can lower your credit rating.

What Zen said about pre-approval. It's key.

And please listen to Nora. I am glad she wrote what she did, because I kept wanting to say something but didn't feel I could string the right words together. And then Nora said it exactly right. You are not your siblings' keeper. Just keep doing what you personally can for your dad.

So, not sure how much it would transfer to another property, should this one fall through.

The pre-approval should still apply if you find another place in the same price range. If it is a pricier place you find next time, nsm.

The pre-approval is specific to a property AND me, and is harder to get. So, not sure how much it would transfer to another property, should this one fall through.

Unless this is peculiar to short sales, the pre-approval is specific to you and based on documented income, credit rating etc. But it does not tie you to a property.

It is a good thing you found this out, though omnis. A coworker was precertified, SOLD HER HOUSE, and then made the offer on the house she wanted. And then she, her mentally challenged brother, her niece and her niece's baby all had to move in with a friend while she is looking for another house.

wrod. Signed "knows too much about house paperwork, cause my mom used to do that at work." She can't explain how a reverse mortgage works so I'd say "Don't do it, old people! Resist the Fonz!"