My realtor told me that the bank hired a new asset manager to take responsibility on a foreclosed home that...?

Answers:0   |   LastUpdateAt:2012-09-26 03:04:04  

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Asked at 2012-09-26 03:04:04
... I had made a single use on . In the process of trying to get my finances in order , the new manager revealed that he wants to sell the house " as is" excluding all contingencies , and on a " cash only " policy . The real estate agent said that this means that the bank does not exempt any offer you have to go through a loan process . The seller wants to sell the bank foreclosed home with cash only. MedlinePlus MedlinePlus My question then is , not a bank borrowing money from ( once the loan is accepted ) give the bank a paycheck seller fully come closing time ? What difference does it make if the buyer gives the bank the sale of a check in the amount or the bank accepted pay cuts them a check for the amount accepted ?
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