Home › Forums › Closed Forums › Buying and Selling RE › My sale is getting sketchy – BofA shenanigans – advice needed!
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UCGal.
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October 14, 2010 at 4:10 PM #18074October 14, 2010 at 4:17 PM #618223
jpinpb
ParticipantAnyone else that’s interested in buying your place, i.e. back-up offers?
October 14, 2010 at 4:17 PM #618310jpinpb
ParticipantAnyone else that’s interested in buying your place, i.e. back-up offers?
October 14, 2010 at 4:17 PM #618859jpinpb
ParticipantAnyone else that’s interested in buying your place, i.e. back-up offers?
October 14, 2010 at 4:17 PM #618980jpinpb
ParticipantAnyone else that’s interested in buying your place, i.e. back-up offers?
October 14, 2010 at 4:17 PM #619296jpinpb
ParticipantAnyone else that’s interested in buying your place, i.e. back-up offers?
October 14, 2010 at 4:33 PM #618233permabear
ParticipantI think we could get one, although we did not accept any. We stopped showings because the offer was strong and my wife works from home with our kids, so showings were difficult.
I’m leaning towards writing a Notice to Perform (which they can’t fulfill), and then relisting the home. If they get their loan in order, they are welcome to write another offer.
I’m not trying to be mean, but I can’t imagine the nightmare if their subsequent funding falls through… and then I have strange people “renting” my place… who can’t get a loan, and decide to stop paying “rent”… and I have to evict. It makes my head hurt.
October 14, 2010 at 4:33 PM #618320permabear
ParticipantI think we could get one, although we did not accept any. We stopped showings because the offer was strong and my wife works from home with our kids, so showings were difficult.
I’m leaning towards writing a Notice to Perform (which they can’t fulfill), and then relisting the home. If they get their loan in order, they are welcome to write another offer.
I’m not trying to be mean, but I can’t imagine the nightmare if their subsequent funding falls through… and then I have strange people “renting” my place… who can’t get a loan, and decide to stop paying “rent”… and I have to evict. It makes my head hurt.
October 14, 2010 at 4:33 PM #618869permabear
ParticipantI think we could get one, although we did not accept any. We stopped showings because the offer was strong and my wife works from home with our kids, so showings were difficult.
I’m leaning towards writing a Notice to Perform (which they can’t fulfill), and then relisting the home. If they get their loan in order, they are welcome to write another offer.
I’m not trying to be mean, but I can’t imagine the nightmare if their subsequent funding falls through… and then I have strange people “renting” my place… who can’t get a loan, and decide to stop paying “rent”… and I have to evict. It makes my head hurt.
October 14, 2010 at 4:33 PM #618989permabear
ParticipantI think we could get one, although we did not accept any. We stopped showings because the offer was strong and my wife works from home with our kids, so showings were difficult.
I’m leaning towards writing a Notice to Perform (which they can’t fulfill), and then relisting the home. If they get their loan in order, they are welcome to write another offer.
I’m not trying to be mean, but I can’t imagine the nightmare if their subsequent funding falls through… and then I have strange people “renting” my place… who can’t get a loan, and decide to stop paying “rent”… and I have to evict. It makes my head hurt.
October 14, 2010 at 4:33 PM #619306permabear
ParticipantI think we could get one, although we did not accept any. We stopped showings because the offer was strong and my wife works from home with our kids, so showings were difficult.
I’m leaning towards writing a Notice to Perform (which they can’t fulfill), and then relisting the home. If they get their loan in order, they are welcome to write another offer.
I’m not trying to be mean, but I can’t imagine the nightmare if their subsequent funding falls through… and then I have strange people “renting” my place… who can’t get a loan, and decide to stop paying “rent”… and I have to evict. It makes my head hurt.
October 14, 2010 at 4:41 PM #618238davelj
ParticipantJust an idea… you could charge them a large deposit – say a few months’ rent – that they would get back on a pro-rated basis once the sale closed. That might mitigate some – but not all – of the hassle in case the funding disappears.
October 14, 2010 at 4:41 PM #618325davelj
ParticipantJust an idea… you could charge them a large deposit – say a few months’ rent – that they would get back on a pro-rated basis once the sale closed. That might mitigate some – but not all – of the hassle in case the funding disappears.
October 14, 2010 at 4:41 PM #618874davelj
ParticipantJust an idea… you could charge them a large deposit – say a few months’ rent – that they would get back on a pro-rated basis once the sale closed. That might mitigate some – but not all – of the hassle in case the funding disappears.
October 14, 2010 at 4:41 PM #618994davelj
ParticipantJust an idea… you could charge them a large deposit – say a few months’ rent – that they would get back on a pro-rated basis once the sale closed. That might mitigate some – but not all – of the hassle in case the funding disappears.
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