Trying to buy an investment property, but have to jump through hoops even through paying cash!

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Real Estate Agent with Keller Williams - Newark

I am a principle in a family owned investment company. We have been around for six years buying, selling and holding various properties throughout the years.  My company recently put an offer in on a bank owned property.  So far I have had to provide four, count them four different documents stating that I can actually sign the offer, sign for the financing and any and all documents for the entity.  In the six years we have been a legitmate business, filing taxes, filing all documents the state requires, paying various taxes when due throughout the year, I have never had the problems I'm having now.  We have bank accounts with different banks and lines of credits with those  bank.  I have never had problems opening these accounts with the same forms I provided this bank.  Is anyone else having this problem????

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Location:
Delaware
Tags:
investment properties
problems
banks taxes

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Rainer
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