My buyer needs 3% cc's from Chase to close on an FHA loan.  Got a verbal from negotiator to 3% but when the paperworks comes there are no lender fees accounted for - no origination fee, etc. 

Any thoughts or strategies would be appreciated.

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Tell the Buyer they need to increase their offer to allow for costs, ask Seller to contribute if able, see if the agents will contribute from commissions.
You can also escalate this, I would say with 99% certainty there is flexibility in what your negotiator is telling....

ALWAYS REMEMBER - -it is ok to say "not good enough", and, that negotiators GET PAID TO GET AS MUCH CASH AS POSSIBLE FROM YOU AND YOUR SELLER...again, don't be afraid to tell them NO to what they are offering!!!

;-)
Thanks Ben - I can always count on you. We agreed to there nominal increase in PP with the understanding that they would contribute 3% to cc's but looking at the paperwork and checking the numbers it doesn't add up. I may just call the executive office next.

Ben Benita said:
Tell the Buyer they need to increase their offer to allow for costs, ask Seller to contribute if able, see if the agents will contribute from commissions.
You can also escalate this, I would say with 99% certainty there is flexibility in what your negotiator is telling....

ALWAYS REMEMBER - -it is ok to say "not good enough", and, that negotiators GET PAID TO GET AS MUCH CASH AS POSSIBLE FROM YOU AND YOUR SELLER...again, don't be afraid to tell them NO to what they are offering!!!

;-)
Donna - Glad to help, try these 2 numbers and plead your case:

Executive Resolution Group for Chase, 866-605-9253
and
888-310-7995 (Executive office for Chase) - EXCELLENT number

persons here DO have the authority to make things happen, or, give you a real "no BS" answer on what is and is not allowed....

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