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Now, potential buyers are waiting in limbo for the government to reopen, leaving their futures and the housing recovery up in the air.
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USDA Buyers Stuck in Limbo as Shutdown Hurts Housing The USDA delays could cause a chain reaction in rural housing markets that reaches sellers, mortgage brokers, realtors, movers and builders.
USDA Buyers Stuck in Limbo as Shutdown Hurts Housing – The USDA delays will cause a chain reaction in rural housing markets that reaches sellers, mortgage brokers, Realtors, movers and builders, Nunziata said. Smith, who is buying the new house in Port.
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USDA loans can't close until the government reopens.. Government shutdown 2019: Homebuyers with USDA mortgages can't close on house sales. closed for 13 days,so the couple and their five children remain in limbo.
As the government shutdown continues, would-be homeowners are stuck waiting on USDA aid Last year, the agency provided housing assistance worth $18.4 billion in home loans, loan guarantees and grants.
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