Bank of America 2 Listing Agent: "Can you stall the appraiser?"

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Real Estate Agent with RE/MAX Compass, formerly RE/MAX WHP 0524642

It's rare that I suggest that my seller accept a BOA approval letter, but when you have a listing with extenuating circumstances you have to do what you can sometimes to get the home sold. Yesterday the lender called & asked me to "dodge the appraiser for a few days." 


Someones not telling the truth.


The lender informed me that the buyer "was having doubts about buying the home and that he didn't want to cancel the appraisal altogether." 

Naturally my next call was to the agent representing the buyer. Billy the Buyer's Agent explained to me that the buyer was "excited about buying" and that he had no idea what the lender was talking about. 

 

1 more reason to be leary of Bank of America.  The only reason a lender stalls for the appraisal is because there are loan issues - meaning problems. 

Posted by

 

 
Greg Nino
, Houston area Realtor®.
Helping residential buyers, sellers and tenants 7 days a week.
Available @ 832-298-8555 

RE/MAX Compass (Formerly RE/MAX WHP)

www.GiveMeMyHomesValue.com

www.EverydayHoustonHomes.Com

 

 

The information contained in this blog is believed to be reliable and while every effort is made to assure that the information is as accurate as possible, the author of this blog, and its comments disclaim any implied warranty or representation about it's accuracy, completeness or appropriateness for any particular purpose. All information is copywritten and the property of Greg Nino.  

 

 

 

 

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bank of america approval
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Ed Silva
RE/MAX Professionals, CT 203-206-0754 - Waterbury, CT
Central CT Real Estate Broker Serving all equally

No that's not a good sign, but it doesn't necessarily have to be isolated to that particular bank. Although they do get some very strange notoriety.

Mar 22, 2017 05:27 PM #1
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