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What is the procedure for submitting an extension request? What if I need a second extension?

April 26, 2017extension procedure request

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What is the procedure for submitting an extension request? What if I need a second extension?

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A. Effective May 14, 2001, all extension requests must be submitted to the appropriate closing agent 5 days prior to the expiration of the contract. A letter must accompany the second extension request from the lender stating the purchaser is able to close within the requested extension period.