Bob Kelly
  • California
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La Mesa
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I have been a Realtor since 1990. Work with my wife Tina. Did our first short sale around 1992.

Bob Kelly's Blog

1st Lien Holder requiring Seller Contribution

Posted on April 28, 2011 at 4:40pm 0 Comments

Can a 1st lien holder require the seller to make a cash contribution? The 1st is with GMAC, the negotiator told us the seller had to contribute, they would not allow the buyer to contribute. Does anyone have a good contact at GMAC?

Bob Kelly 619-445-6556…


Indymac reduce commission

Posted on October 6, 2010 at 2:02pm 1 Comment

Just got a 1st td approval letter from Indymac, where they have reduced the commission to 5%. Has anyone had any luck going back at this point and getting the commission back up to 6% after getting the approval letter with Indymac?


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