Updated over 11 years ago on . Most recent reply
Buyer's bank asking for my purchase price plus rehab costs
Wife just got a call that buyer's bank is asking about purchase price of the our first flip set to close on 3/8. they wanted to know the purchase price and rehab costs.
anyone know why they would need it. I want to be prepared for any issues etc.
Background: This house was purchased from a wholesaler and was never on MLS etc. I purchased house on 11/14 and it is set to close on 3/8.
Buyer's loan is FHA. I have not seen the appraisal. The buyer's inspection came back with some stuff and we fixed them all.
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