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jrsygirl9Participant
thank you for the offer. i had completed a FHA approved appraisal prior to putting in the offer so i knew where i was at with this property. The BPO only came in 20k above the appraisal. We negotiated it out and this deal should close rather quickly. i will just be very happy when i am done and rid of the drama of it all. I will especially be happy of ridding our LL of collecting more money from us, and not having to deal with his stupid antics anymore.
Thanks again for the offer and the support!
jrsygirl9Participantthank you for the offer. i had completed a FHA approved appraisal prior to putting in the offer so i knew where i was at with this property. The BPO only came in 20k above the appraisal. We negotiated it out and this deal should close rather quickly. i will just be very happy when i am done and rid of the drama of it all. I will especially be happy of ridding our LL of collecting more money from us, and not having to deal with his stupid antics anymore.
Thanks again for the offer and the support!
jrsygirl9Participantthank you for the offer. i had completed a FHA approved appraisal prior to putting in the offer so i knew where i was at with this property. The BPO only came in 20k above the appraisal. We negotiated it out and this deal should close rather quickly. i will just be very happy when i am done and rid of the drama of it all. I will especially be happy of ridding our LL of collecting more money from us, and not having to deal with his stupid antics anymore.
Thanks again for the offer and the support!
jrsygirl9Participantthank you for the offer. i had completed a FHA approved appraisal prior to putting in the offer so i knew where i was at with this property. The BPO only came in 20k above the appraisal. We negotiated it out and this deal should close rather quickly. i will just be very happy when i am done and rid of the drama of it all. I will especially be happy of ridding our LL of collecting more money from us, and not having to deal with his stupid antics anymore.
Thanks again for the offer and the support!
jrsygirl9ParticipantOne last note… We agreed to withdrawl the sept rent from escrow and pay to him in exchange for him signing the short sale offer. We have already been in contact with the bank so (small investment bank- easy to get through to negotiator) looks like we will own this property in about 30 days.
the rest of the rent is being escrowed should there be a hold up with the sale. No one gets any money until the transaction is complete. Once we own the house he gets any rent monies due.
On a personal note… I think the law that allows LL’s to collect rent on a foreclosing property with no intent to resolve the loan is pretty crappy. That law should be changed.
jrsygirl9ParticipantOne last note… We agreed to withdrawl the sept rent from escrow and pay to him in exchange for him signing the short sale offer. We have already been in contact with the bank so (small investment bank- easy to get through to negotiator) looks like we will own this property in about 30 days.
the rest of the rent is being escrowed should there be a hold up with the sale. No one gets any money until the transaction is complete. Once we own the house he gets any rent monies due.
On a personal note… I think the law that allows LL’s to collect rent on a foreclosing property with no intent to resolve the loan is pretty crappy. That law should be changed.
jrsygirl9ParticipantOne last note… We agreed to withdrawl the sept rent from escrow and pay to him in exchange for him signing the short sale offer. We have already been in contact with the bank so (small investment bank- easy to get through to negotiator) looks like we will own this property in about 30 days.
the rest of the rent is being escrowed should there be a hold up with the sale. No one gets any money until the transaction is complete. Once we own the house he gets any rent monies due.
On a personal note… I think the law that allows LL’s to collect rent on a foreclosing property with no intent to resolve the loan is pretty crappy. That law should be changed.
jrsygirl9ParticipantOne last note… We agreed to withdrawl the sept rent from escrow and pay to him in exchange for him signing the short sale offer. We have already been in contact with the bank so (small investment bank- easy to get through to negotiator) looks like we will own this property in about 30 days.
the rest of the rent is being escrowed should there be a hold up with the sale. No one gets any money until the transaction is complete. Once we own the house he gets any rent monies due.
On a personal note… I think the law that allows LL’s to collect rent on a foreclosing property with no intent to resolve the loan is pretty crappy. That law should be changed.
jrsygirl9ParticipantOne last note… We agreed to withdrawl the sept rent from escrow and pay to him in exchange for him signing the short sale offer. We have already been in contact with the bank so (small investment bank- easy to get through to negotiator) looks like we will own this property in about 30 days.
the rest of the rent is being escrowed should there be a hold up with the sale. No one gets any money until the transaction is complete. Once we own the house he gets any rent monies due.
On a personal note… I think the law that allows LL’s to collect rent on a foreclosing property with no intent to resolve the loan is pretty crappy. That law should be changed.
jrsygirl9ParticipantOne last note… We agreed to withdrawl the sept rent from escrow and pay to him in exchange for him signing the short sale offer. We have already been in contact with the bank so (small investment bank- easy to get through to negotiator) looks like we will own this property in about 30 days.
the rest of the rent is being escrowed should there be a hold up with the sale. No one gets any money until the transaction is complete. Once we own the house he gets any rent monies due.
On a personal note… I think the law that allows LL’s to collect rent on a foreclosing property with no intent to resolve the loan is pretty crappy. That law should be changed.
jrsygirl9ParticipantOne last note… We agreed to withdrawl the sept rent from escrow and pay to him in exchange for him signing the short sale offer. We have already been in contact with the bank so (small investment bank- easy to get through to negotiator) looks like we will own this property in about 30 days.
the rest of the rent is being escrowed should there be a hold up with the sale. No one gets any money until the transaction is complete. Once we own the house he gets any rent monies due.
On a personal note… I think the law that allows LL’s to collect rent on a foreclosing property with no intent to resolve the loan is pretty crappy. That law should be changed.
jrsygirl9ParticipantOne last note… We agreed to withdrawl the sept rent from escrow and pay to him in exchange for him signing the short sale offer. We have already been in contact with the bank so (small investment bank- easy to get through to negotiator) looks like we will own this property in about 30 days.
the rest of the rent is being escrowed should there be a hold up with the sale. No one gets any money until the transaction is complete. Once we own the house he gets any rent monies due.
On a personal note… I think the law that allows LL’s to collect rent on a foreclosing property with no intent to resolve the loan is pretty crappy. That law should be changed.
jrsygirl9ParticipantOne last note… We agreed to withdrawl the sept rent from escrow and pay to him in exchange for him signing the short sale offer. We have already been in contact with the bank so (small investment bank- easy to get through to negotiator) looks like we will own this property in about 30 days.
the rest of the rent is being escrowed should there be a hold up with the sale. No one gets any money until the transaction is complete. Once we own the house he gets any rent monies due.
On a personal note… I think the law that allows LL’s to collect rent on a foreclosing property with no intent to resolve the loan is pretty crappy. That law should be changed.
jrsygirl9ParticipantOne last note… We agreed to withdrawl the sept rent from escrow and pay to him in exchange for him signing the short sale offer. We have already been in contact with the bank so (small investment bank- easy to get through to negotiator) looks like we will own this property in about 30 days.
the rest of the rent is being escrowed should there be a hold up with the sale. No one gets any money until the transaction is complete. Once we own the house he gets any rent monies due.
On a personal note… I think the law that allows LL’s to collect rent on a foreclosing property with no intent to resolve the loan is pretty crappy. That law should be changed.
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