Both came up in the same conversation. They instructed me to send in the hardship letter again no later than October 6th, which was at least 60 days prior to the sale so they could work the DIL. They also said to give the buyer 3% off in closing costs and put it in the listing.
An offer came in at $350K with no closing costs. The bank said no, denied the first negotiators offer, wouldn't look at an addendum taking the price to $380K saying it was too late. Refused the DIL saying there wasn't enough time for the processing and took the home down in a full foreclosure telling me the client continued on with the sale instead of the DIL.
I didn't see that coming. What else should I get? Can I save someone else from the lesson? I guess when the word comes out as DIL I won't be confused that the negotiator is actually helping by offering a lower price.
**********************************
like buttons
Comments