Indymac Question

[Audley Humes]

We've submitted a complete package to Indymac. They are as slow as they come. We sent over a standard P&S agreement with the addendum attached. They said it looks like we are trying to assign the contract, and they clsoed the workstation (as they call it).

Then we sent a letter explaining buyer was an Investor and will be taking title using his own funds and will not be assigning the contract. We stated the addendum was to provide full disclosure on the intentions of the buyer. They want the addendum removed? This could be a really sweet deal, and this is causing a problem. Anyone encounterred this or have any sugguestions? Thanks in advance.