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tc
ParticipantMy wife works for an HOA company. She had to have a special assesment done for some condos. It ended up costing everyone in the HOA a couple grand. So you can get a special assesment out of nowhere. Also BofA has three stages of approval. We got through the first stage with BofA excepting our 2% closing cost from the seller. However after the third stage it was removed from the contract. Of course they offered a loan mod to the seller so that didnt matter much.
Just asked the wife and she says that anything under 60% isn’t good. Below that and you risk having a special assesment if anything major stops working.ParticipantBest Property Inspections
ParticipantBest Property Inspections
ParticipantBest Property Inspections
ParticipantBest Property Inspections
ParticipantBest Property Inspections
ParticipantBe careful with B of A. I posted the other day about them pulling out of a short sale to do a loan mod for the sellers. But they also changed the terms of the sale on us twice. In the first stage they countered the price up. We accepted that and continued with the process. But after the third stage they adjusted the price again and took away the 2% closing cost. So be warned BofA is a bunch of crooks.
ParticipantBe careful with B of A. I posted the other day about them pulling out of a short sale to do a loan mod for the sellers. But they also changed the terms of the sale on us twice. In the first stage they countered the price up. We accepted that and continued with the process. But after the third stage they adjusted the price again and took away the 2% closing cost. So be warned BofA is a bunch of crooks.
ParticipantBe careful with B of A. I posted the other day about them pulling out of a short sale to do a loan mod for the sellers. But they also changed the terms of the sale on us twice. In the first stage they countered the price up. We accepted that and continued with the process. But after the third stage they adjusted the price again and took away the 2% closing cost. So be warned BofA is a bunch of crooks.
ParticipantBe careful with B of A. I posted the other day about them pulling out of a short sale to do a loan mod for the sellers. But they also changed the terms of the sale on us twice. In the first stage they countered the price up. We accepted that and continued with the process. But after the third stage they adjusted the price again and took away the 2% closing cost. So be warned BofA is a bunch of crooks.
ParticipantBe careful with B of A. I posted the other day about them pulling out of a short sale to do a loan mod for the sellers. But they also changed the terms of the sale on us twice. In the first stage they countered the price up. We accepted that and continued with the process. But after the third stage they adjusted the price again and took away the 2% closing cost. So be warned BofA is a bunch of crooks.
ParticipantWanted to lock in a good rate. And close before mid April.
ParticipantWanted to lock in a good rate. And close before mid April.
ParticipantWanted to lock in a good rate. And close before mid April.
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