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Updated over 13 years ago,
BAC pre-qual with REO
Anyone ever run into a requirement to pre-qual for a loan with BAC for them to even look at an offer?
We made an all cash offer on a duplex that's REO by Bank of America and the listing agent required us to pre-qual with BAC before submitting it. Our offer included several proof of funds letters and they still required it. Anyone ever run into this?