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Thanks Much Steele. The agent already contribute to HOA so another contribution will be like doing this deal as pro bono...
Thanks much
Curious as to what they are charging per day and how long a delay are you looking at. And when asking for the removal I would make sure the lender knows you are already contributing to this closing and the well is dry.
Good luck.
Steele
Keji Iuyomade said:Thanks Much Steele. The agent already contribute to HOA so another contribution will be like doing this deal as pro bono...
Thanks much
As long as buyers are willing to agree to this per diem without a reciprocal arrangement -- that is the bank will pay that same per diem if the bank causes the delay -- the banks will continue to require this.
If your buyer is not willing or able to bring more money, just advise the bank and be ready to move on to another house. You just might be surprised that the bank agrees to forgo this, but don't count on it.
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