Ruth A Bruestle's Discussions
Hafa short sale deayed by Bank of America screw ups
Started this discussion. Last reply by Kevin - Greenville, SC Jan 1, 2012. 4 Replies 0 Likes
I have a closing that was delayed friday because of a Bank of America screw up. Buyer did everything they were suppose to do and were ready to close. Bank of America has made multiple mistakes and…Continue
Ruth A Bruestle's Page
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- First Name
- Ruth
- Last Name
- Bruestle
- Are you a...
- Agent
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- Pa
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- Newtown
- My Profile
- Operating Principal of KW Yardley and KW Newtown. Real Estate sales since 1980. Typically in the top 1% in the country.. Beginning to have more short sales in our area and I want to be in the beginning and knowledgeable in the process
Ruth A Bruestle's Blog
short sale addendums and fees
Posted on March 12, 2010 at 7:31am 6 Comments 0 Likes
As a Broker of record I am seeing more agents doing individual negotiations for their sellers. They are attempting to collect an extra 1% and more for the extra time it takes. First question, liability speaking, shouldn't they have a signed addendun signed by buyer and seller what the extra fee is for and second question, isn't that considering commission income, third question, until the bank actually signs off and executes this agreement, should a deposit be put into an escrow account. Thanks… Continue
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