All Forum Posts by: Robert Kriedermann

Hello.

I've run into a problem where Bank of America won't take my "c" buyer I'm trying to hand them on a silver platter for a short sale I did all the work on. Basically they declined my original option contract. I already had another buyer lined up. I tried to step out of the deal and hand them the new buyer I found but they aren't taking it! The new contract from the new buyer is a standard offer to purchase for Wisconsin. The buyers have agreed to pay me $2500 as an option release fee which is also stated in the contract. It isn't even coming out of Bank of America's bottom line. Negotiator thinks I am trying to do something fraudulent and will not talk to me. They think the new buyer isn't real and that I am still trying to buy the property. They contacted the homeowners and told them they could do a deed-in-lieu or get foreclosed on. The offer the new buyers are giving them meets their price and all the guidelines they ask for. What can I do? BofA already approved the homeowners for the pre-foreclosure program and the offer meets all their criteria. Why would they do this?