My buyer asked/requested that my realtor pay $400 to them to have their interest rate lock extended. I offered to pay $200 towards having my buyer's interest rate lock extended - I dont want to lose a buyer over such a small amount of money.
My realtor emailed me back and said that the buyer extended their interest rate lock. I think their lock was for something like 5.2% or 5.4%, somewhere in there. They will be reimbursed somehow when the deal closes.
So we're back to waiting for my second lender to approve the $5K acceptance instead of the $14K that they had stated in their letter. My realtor assured me that they will comply with their original, verbal $5K offer.
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