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Suzanne: It sounds like you have had the unfortunate experience of running into these folks! As you probably noticed, I posted this over a year ago, and received only one other response. Fortunately, I was able to get this ss approved and closed in 4/10, after much back and forth with a manger at Franklin. Based on the 1 success story I was able to find online after much scouring of the net, I actually called the realtor and spoke with her. Initially I went in starting at 5% of the balance, in addition to the $3K from BofA. After being rejected numerous times, or no response, I finally spoke with a manager. They agreed to settle on 10% of the original balance at close, in additon to the $3K from first, and the seller had to sign a promissory note for $10K over 5yrs. At the end, seller did not want to sign note, or bring in any money for that matter! Both myself and buyer agent ended up giving buyer credit from our comissions in order to get the deal done, with buyer bringing in a small chunck, and seller signing note (after a family intervention). I am happy to have this experience in my past, and would definitely think twice about working with this company again. By the way, I beleive Franklin was purchased by HNB and all notes/servicing transferred to them. You may want to try to speak with Sharon Ratton, who was the same manager that the other agent had spoke with over a year prior. Good luck to you and God Bless!
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