We have a short sale with BOA (not through Equator) For discussion sake, the offer is $350,000, it was listed at $399,000. BOA has said that $16,000 is needed to make the deal work, that is what the MI Co. wants. The buyer is willing to increase the price to $366,000. BOA says it cannot be added to the sale price, it has to be cash to the closing. They want it to show as cash from seller, but the seller cannot pay. The buyer is now willing to bring the cash. Any suggestions from your experience on how to get this done.
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