Does anyone know the answer to this question. I have a short sale with B of A. And they are paying as less as possible to close the deal. They wont pay HOA transfer fee as asked for in buyers offer. Now my buyer is saying he's not paying becasue he does need a copy of the CC & R's becasue he can get one from his friend who lives in the same association. Per my knowledge new cc & r's are needed for each new buyers name. He wants me to tell BofA and HOA he's not paying the HOA transfer fee $250, and lets close the deal. Can this be done???
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You need to have a fierce conversation with your buyer over $250.00. It is not worth your time, his time and the banks time to fight over this
Ask the attorney/title company! Ask the association! This may be similar to an "approval application" or a technical procedure! Buyer may be able to close, make sure someone gets it in writing!
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