Replies to This Discussion

Permalink Reply by Jennifer Luna SFR on May 19, 2011 at 3:54am

Congrats! Did you counter the bank's counter? How many counters did you have? I have a file with BofA and it is going smoothly so far...

 

Permalink Reply by Celeste ODea on May 19, 2011 at 4:24am

We are experiencing the same thing.  BOA accepted 3 offers yesterday at the sales price offered.  Their counter was only a couple title company expenses (and we always add them because we know the bank has to counter "something.")  We also know that the bank will only pay 3% closing help and we tell the selling agents that up front, but suggest they request 6% so the bank has something to counter back.  It's working out like a dream.

Permalink Reply by Stephen Shafer on May 19, 2011 at 4:42am

On the one closing next week I had one counter but no big items getting 3% for buyer closing. On the one just approved it was a cash offer no counter and got 3% for buyers closing.

 

Permalink Reply by Celeste ODea on May 19, 2011 at 4:43am

Congrats, Stephen!  BOA must have made some internal changes...

Permalink Reply by Pamela Ann Zyski on May 19, 2011 at 4:52am

I've closed 2 files from B of A this month & I encountered helpful contacts on both. One was an FHA.  Both went smoothly...hope it continues.

Permalink Reply by Celeste ODea on May 19, 2011 at 5:11am

Awesome, Pamela.  I hope this continues too!  Sure makes our life easier...