I’ve got a client who, rather then bringing money to cover her down payment and closing costs, is being handed a sizable check at the the closing table along with the keys to her new house (which the buyer got at a very good price).
Make no mistake, it’s been a challenge. Between the bank who owns the property, the lender, the underwriter, the REO company, the inpector, the appraiser(s)….it’s been a protracted battle royale to get this deal done.
But worth it in the end.
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