Monday, February 23, 2015

Does a past mortgage loan attempt effect trying to get another through a different bank?

My dad is forcing my mom to pay him $38,000 or he'll make her sell the home we live in. They are divorced, btw. She tried to get a mortgage loan, but it got denied and now there's a court date set in March to set a day for the house to be auctioned off.
It was said that our property is not worth that much, but now people are telling us to get a second appraisal from a different bank because we have a lot of land, two barns, two sheds, a garage, and a medium sized house.
If we do this, will we have to wait the 4 weeks for the loan to be approved? Or will it be less time since we've already tried once? And will this affect the court date? Can it be pushed back due to her attempting to get this loan?
We can't afford a lawyer, so unless you can give advice on how to get one, then please don't say we should take Dad to court.

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