Wednesday, October 28, 2009

They Picked Apart our Buyer's Agreement...

So first B of A picked apart our agreement with our buyer, and asked for a bunch of stuff to basically verify the agreement... then turned around and said we can't use the contract agreement, since we still hold the mortgage (and the mortgage is with them) so we have to do a renter's agreement. They are all worried about a "Buy and Bail"... we're going to make the payment, we could make the payment if we didn't have a buyer, and my credit has been perfect since it started, and I'm not about to screw it up now by bailing on a mortgage. So we've provided them with a renter's agreement... Also had to resend copies of our buyer/renter's (whatever) check stub and driver's license... had to lighten up the license for them, and it was easier to just resend the check stub vs waiting on them to dig for it.

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