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Seller Wants $3000 Cash To Close .. Isn't This Illegal?

By
Real Estate Broker/Owner with Tutas Towne Realty, Inc and Garden Views Realty, LLC BK607690

 short sale agent network

This Week's Discussions

Seller wants $3000 cash to close .. isnt this illegal?

okay we are now 2 weeks from closing but the problems continue. Seller is expecting to receive $3000 moving money even though they did not…

Started by arod

29 28 seconds ago
Reply by Bryant Tutas

Does FL agent have DUTY TO DISCLOSE his affiliation with a 3rd party negotiator ?

Does an agent in a florida real estate transaction have a DUTY TO DISCLOSE his affiliations or relationship with a 3rd party company seekin…

Started by arod

6 3 minutes ago
Reply by Bryant Tutas

Buyer refuses to sign cancel instructions in CA

Here is a hum dinger of a question... successfully negotiated a triple lien and brought it in at a great price to an all cash buyer...buye…

Started by Hobuna National

17 4 minutes ago
Reply by Bryant Tutas

Why not have the buyer do inspections prior to submitting to the lender?

I am the listing agent on a property that has many problems. I knew that once we got to inspections after the lender approval, it would rev…

Started by Bill McKinley

15 7 hours ago
Reply by Satar Naghshineh

New Century?? I thought they were gone. Anyone have any experiences?

Had an agent call me yesterday and tell me to call her homeowner.  Homeowner has New Century Mortgage???  I have NOT done a New Century.  I…

Started by Smitty

4 13 hours ago
Reply by Brian Avery

GFE items, question

If you are buying a short sale and are contributing to 2nd lender, does the contribution amount have to be included in the GFE? My broker j…

Started by Sandy Mac

15 13 hours ago
Reply by Brian Avery

Submitting a new offer thru Equator

Anyone know the simplest way to have a file removed from "Held" status in Equator for a BOA file? The last buyer walked and I have a new of…

Started by Jeanine Whitehead

1 15 hours ago
Reply by Bryant Tutas

Ok, I just have to say it BofA, BOA / BANA

The new rollout of your changes STINKS as far as the messaging goes.  We work on MULTIPLE BOA files, so they send a message and all you get…

Started by Smitty

2 17 hours ago
Reply by Smitty

Can I notarize client affidavits?

With more and more notarized documents needed, I'm wondering, will banks balk if I get a notary license and notarize the signatures (while…

Started by Jim Schneider

3 21 hours ago
Reply by Jeff Payne
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Comments (4)

Cal Yoder
Keller Williams Elite - Lititz, PA
Homes For Sale in Lancaster PA - 717.413.0744

Bryant, thanks. I find the discussions on your website to be quite informative and helpful. Have a great week.

Cal

Apr 22, 2012 12:31 AM
Les & Sarah Oswald
Realty One Group - Eastvale, CA
Broker, Realtor and Investor

Bryant - thank you for all you have done for the shortsale community. Your website is where I go to get answers.

Apr 22, 2012 01:14 AM
Bryant Tutas
Tutas Towne Realty, Inc and Garden Views Realty, LLC - Winter Garden, FL
Selling Florida one home at a time

Thanks guy. I too love having the collective knowledge of our members to help me with short sales.

Apr 22, 2012 06:49 AM
Gary L. Waters Broker Associate, Bucci Realty
Bucci Realty, Inc. - Melbourne, FL
Eighteen Years Experience in Brevard County

Good stuff here. Even though I don't have that many short sales it always seems like the issues are relevant to the ones I do find myself involved with...thanks.

Apr 23, 2012 10:55 PM