Am I the only one seeing this more and more? This year, the new thing seems to be that final water bills from the previous borrower, must be paid by the Realtor?
Then I have to submit for reimbursement, and my best hope is I get reimbursed in the next 90 days.
The listing commission on this latest property is $975, and I just found out there is an unpaid water bill for $245.24, that I have to pay, submit for reimbursement, and hope I get my money in less than 90 days.
I was told by my Asset Manager that New FNMA rules don't allow any expenses under $1000 to be on the settlement statement.
I don't want to lose these listings, but this is getting ridiculous.