Valued Member
Posts: 48
Registered: ‎03-30-2008
Has anyone heard of this

There  is a foreclosed home I made an offer on with a fha 203k loan for financing.  I have two preapprovals because in order to make the offer, buyer had to be approved by the seller's lender as well.. which is BofA.  Well I hear back this week that my offer was accepted, but they want cash. Who does that and what is it called? I bank with BofA  and a very good customer(not that really matters) but....what is with this?  Anyone?