Quick Question for those in the know regarding 2nd
After many months of dealing with Ocwen and getting the short approved, I was just notified by her that there is a 2nd that will accept but it's bank of america. Of course, my buyer is an employee of bank of america and I was careful to make sure I didn't get him into any of those deals.
Well...the paperwork came over regarding the buyer and there is a certification needed to be signed that he's not a BOA employee or works for any affiliate. This paperwork is being requested even though they are the 2nd lien holder.
Is he excluded from being able to purchase the property even though they are just the 2nd?
Replies to This Discussion
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Permalink Reply by joe beauchamp on
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I suggest you go tweet @BofA_Help - they seem to be the best top level interface to start with. I think you need a "variance" on your situation and that will require someone at BofA to actually use his brain - you need high level. Everyone else will just quote the mantra.
The other possibility might be to get the 2nd to settle prior to closing so it is not a factor.
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Permalink Reply by Cyd Weeks on
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Thank you, I've tweeted as you advised...I'll see what kind of reply I get. I've also forwarded your advice to the listing agent handling the file. Thank you again.
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Permalink Reply by Michael Hayley on
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I bet you are excluded, but I am interested to see if it works out. Good luck!
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