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Updated almost 2 years ago,

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5
Posts
0
Votes
Jacob Koshy
Pro Member
  • Flipper/Rehabber
  • Plainfield, IL
0
Votes |
5
Posts

Is it okay to replace Financing choice on a short sale.

Jacob Koshy
Pro Member
  • Flipper/Rehabber
  • Plainfield, IL
Posted

I have an accepted offer for a bank short sale in the SW suburbs of Chicago. When I initially made the offer I put in the financing conditions based on my pre approval. Which is with a 25% down payment. While I was waiting to hear back from the bank I was able research and get pre approval with only a 15% down payment. Now what can I do if any, to get the bank to agree to my 15% down option. Would it be a hassle and scare away the bank or what have your experience been. Thank you.

  • Jacob Koshy
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