Asked by home buyer in CT, 06795 • Sat Aug 13, 2011
write all I put an offer for a house of 139k the asking price was 143k, then my agent got a counter offer as follows: Optimista LLC is countering to your client at 130k,which will include their 1k deposit and their closing costs of 3,170.00, leaving them approximately 125,830 as a final payout. ( of this next part is where everyone gets confused.) (optimista LLC) we will assign our contract immediately(releasing our position) to the buyer based on the aforementioned terms for (5,000),payable to Optimista LLC, after successfully closing escrow. If it goes through as a NON-HAFA short sale,we will include payment on the final HUD-1. If it is a HAFA sale,we will take the payment directly from the buyer AFTER the closing.(this is a HAFA federal mandate and we must adhere to it.) This process(offer) will save your client $4,000 from original offer(including our contract assignment fee)and you will keep your entire commission @3% if allowed by GMAC.( anyone heard of this?) is it legal in CT?
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