any Realtors or financial people?

armchair_warrior · July 2007

One of my cousins was trying to buy a place.

he already put down 127,000 down. as 10% down. and seller agree to it.

now their lawyers are calling and want 570,000 down as a whole instead of the 127,000.

what would the reason be? they are insisting for that amount. my cousin obversely don't got that much in the bank. he needs to get a mortgage.

MOD · July 2007

This is a job for FREE MONEY NOW!!!!1%Down!!!

But seriously, that does sound dubious to me.

daver · July 2007

I would hope that since he has already put $127k down and the seller agreed to it, that he has that in writing in the form of a contract. At which point he can tell them to take a flying leap and honor the damn contract.

any Realtors or financial people?

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