"Hello Larry. I have a similar situation with "Heartwood 47 LLC, f/k/a Bank Atlantic." They are asking for $60k, 40% of the balance. Im wondering if you can share how you resolved your experience with them, did you present a counter…"
"I tried as hard as I could to negotiate out of the 1% fee on 2 deals but lost. Its take it or leave it. They got me on the figuciary duty to the owner to close on an approval, and they know it. The only good thing was they were rational and…"
"Joe, Im wondering about this: they are only asking for a pre-qual. They are apparently not insisting Buyer use GreenLight for the end loan. This is kind of like the builder who says, "you can use anyone you like for the financing, but we will…"
"Green Tree is the most strict, in my experience, of all the lenders on specifying what costs they will and will not pay. Heck, they refuse to pay a lot of normal closing costs. For example, they absolutely will not pay for a condo estoppel letter,…"
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