Vent: My lender pulled out of a deal in Phoenix last minute

We were set to close on a small strip mall last Thursday, and the bank called on Wednesday saying their internal policy changed. This was after three months of due diligence. Has anyone else had a lender back out right before closing and how did you recover?

2 comments

2 Comments

jana_miller315d ago

Phoenix zoning laws ever cause that?

aaronf405d ago

The zoning board here is a special kind of stubborn.