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Bob - May 9th, 2007 10:00 PM

A few weeks after signing a P&S, we had to back out of of the deal because our mortgage company we were dealing with declined to give us a mortgage. We gave proper notice to the listing agent requesting the termination of the contract on those grounds (we had a financing contingency int he contract) and they came back saying they wanted some sort of proof, preferably a letter from the company declining us, but more preferably something from the people underwriting the mortgage. The company, out of courtesy, sent us a letter of decline that was forwarded to them. I'm starting to get weary that the sellers are trying hard to somehow hold on to our money by using these tactics. Is this normal procedure?


Fred - May 31st, 2007 4:19 AM

If you are in the South Florida region, I'll go through your interview process. I welcome the challenge :)
Www.FredTomaro.com


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