reo: Are buyers just numbers to REO Asset Managers?
- 03/13/09 06:35 PM
Today, I had to have my buyers send a "Notice to Seller to Perform", to close escrow. The sellers are REO sellers. Usually it is the other way around, the seller giving the buyers notice to perform and close escrow.
My buyers have scheduled for the moving truck. They have to cancel last minute. They went into escrow January 10th, 2009. Asset manager scheduled their closing to March 13th. They signed loan docs March 5th. They have to drive 1 and 1/2 hour away to sign at the escrow company the REO seller chose for closing. They did not mind. … (0 comments)
Today, I had to have my buyers send a "Notice to Seller to Perform", to close escrow. The sellers are REO sellers. Usually it is the other way around, the seller giving the buyers notice to perform and close escrow.
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