We put in an offer on a Bank of America short sale home in the middle of May. The offer was accepted by the sellers and we are now waiting on approval from the bank. We had the inspection done and everything came back fine. We also have our mortgage in place. When we first put in the offer the listing agent told us the process shouldn’t take long and told us to make the closing date June 28th. On June 18th the listing agent told us the bank said to move the closing date to July 10th since they think June would be a little tight to make. What does that mean? Do you think everything is going to get approved? We offered a little over asking price because we asked for some seller assist so our offer evens out to asking price. (the bank actually told the listing agent what to list the house at)

Is there any way to find out more information or what stage the bank is at?