Our latest fix and flip was scheduled to close this week however today we were informed by the bak that a second appraisal is required since the house is a rehab.And they want us the seller to pay for it! Has anyone else ever heard of this? They are also insisting on a detailed list of repairs that we made to the house.
The new buyer has already paid for a home inspection and a appraisal for his loan. What else will they come up with??
"Don't tell me I can't, Tell me how I can."