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Updated over 14 years ago,

User Stats

121
Posts
44
Votes
Richard Graham
  • Real Estate Investor
  • Outer Banks, NC
44
Votes |
121
Posts

Freddie Mac wont pay negotiation fee

Richard Graham
  • Real Estate Investor
  • Outer Banks, NC
Posted

Hi every one. I have a deal I have been working on since October. Loan is with SunTrust (Freddie Mac). My LLC stepped out of the way to let the end buyer buy directly from the bank. Agent is only getting 3% and my negotiation company was going to get 3%, purchase price is 100% of BPO. Negotiator says we have final approval on the first but they (Freddie) will not pay the negotiation fee. What should I do. My LLC (the original buyer) still has Notice of Option on Property. Also end buyer has agreed to pay me $2500 for negotiations for him. Thanx Any help would be great.

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