I represent the buyer in a short sale. The first and second belong to BofA. The listing agent is using lawyers to process the short sales. She just called me and told me that the lawyers told her that they cannot accept the documentations for the short sale with an offer. What they are saying is that they have to approve the short sale before an offer is accepted.So now, they are thinking of submitting it as a traditional short sale.
Anybody has an idea what is going on?
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