Triangle Real Estate News

Wow!

After 2 attempts to close with other inexperienced Realtors the sellers were headed to Foreclosure..

I requested to let me have a shot and they did..

After less than 3 months in the process we closed on September 30th 2011 for $127,000 and $4000.00 in closing costs.

Both the sellers and buyers are very happy!

Bank of America originally wanted $144k from the buyer and a promissory letter of $6500.00 and a cash contribution of $2500.00 from the sellers.

This was not going to happen as the sellers had no money due to loss of income and the buyer did not want to counter their offer. The home was originally listed for $125k.

We countered to the bank and they came back with a final $136k counter take it or leave it. I decided to fight with a BPO dispute and sent my comps in and won the battle with Bank of America they agreed with my dispute and we were able to convince the buyers to increase the offer to $127k but still get the $4k in closing costs from Bank of America.

This was a huge relief for the sellers and they are so happy!


Posted by Julian Jahoo on October 5th, 2011 8:44 PMPost a Comment (0)

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