...very often, funding (lender's) is centralized and that's where you (or the T/C) will fax the funding docs. Since this is an REO, the seller is not going to be at the table - since a lot of docs need BOTH buyer & seller's signatures, you will obviously only obtain buyer's. T/C will 'marry' the seller's signed docs with the buyer's signed, to obtain funding.
In my life, I've never been able to obtain funding authorization from a live person at the table - it's always sent to some distant, hazy Funding Land off in the distance. =) |
