Definition of alleviate for English Language Learners. : to reduce the pain or trouble of (something) : to make (something) less painful, difficult, or severe.
A mortgage commitment letter can take up to 4 weeks after an appraisal is complete so it is very important to set an appraisal date. Also note that in this market appraisals do not always come in at or above your accepted offer and an appraisal lower than accepted offer will lead to a renegotiation or change of terms. mortgage commitment letter can take up to 4 weeks after an appraisal is complete so it is very important to set an appraisal date. Also note that in this market appraisals do not always come in at or above your accepted offer and an appraisal lower than accepted offer will lead to a renegotiation or change of terms.
Typically, a sales contract will denote that a home buyer has a certain number of days to submit a mortgage commitment letter. For instance, a real estate sales contract might reflect a buyer's duty to present a mortgage commitment letter within 15 days of the acceptance date.or instance, a real estate sales contract might reflect a buyer's duty to present a mortgage commitment letter within 15 days of the acceptance date.