Posted by JPiper on May 16, 2000 at 22:04:13:
I’m sure you’ll get some other answers to this question. But in my opinion, two weeks is too long. It sounds to me like the broker can’t find a spot for you or your deal…one or the other.
You might try confronting the guy with what the delay is. It could be the property, it could be your income or time of employment…too tough to tell. Or it could be that the broker’s source for 95% financing dried up on him, and he’s trying to locate another. But it’s clear that the broker is not communicating the problem to you…and I would have a problem with that. Either get an answer as to what the problem is…or find another broker.