FREE ADVICE: I have a purchase contract, representing the buyer, which was supposed to close on March 3. We’re still waiting on the mortgage commitment letter (good news it’s coming today). The bank forgot to order their appraisal. This is a local bank (not one I recommend), but unfortunately these incidents seem all to common. If you trust your realtor and he/she gives you a recommendation for a lender take it seriously. The lender could be the difference of closing or losing the house. Not all lenders are created equal.