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Permalink Reply by Jeff Payne on June 15, 2011 at 4:01am

Jaime, I have always had the thought that the MI company may know something that you don't in these cases.  have you pulled the sellers credit?  Good credit score could be the reason for the contribution.  The sellers are not always honest with us, maybe they have another account that they did not tell you about.

Try to get the $45,000 into a promissory note, that way the seller can pay it back over time instead of at once. The fact that they are not delinquent means that they will have a lesser hit on their credit. 

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