10:43 am – Central Time
Since I recorded this – the other Realtor sent me the email below this morning.
“This has been a new development in the last couple of days. One of the buyers on the loan does not have two years worth of tax returns being that he’s a 1099 employee. How the loan officer pre-approved him or didn’t realize this earlier, I don’t know. Essentially, my buyer has to find a W-2 job and provide a pay stub before closing as proof of income in order to receive financing.
Would your seller and her son be able to close electronically?”