Well, nothing should surprise me with Bank of America.
I submitted an offer in Equator on 4/14. Made it into negotiations and thought we were just about done. The offer was accepted by the negotiator and was told that it would be sent for investor approval. I called today and was told that the negotiator made a note in the file on 5/11 that the file can't go through Equator because it's a "government loan." I am being told to fax in the whole package and then wait 20 business days to be assigned to a negotiator.
Any advice? This is ridiculous!
Tags:
Thanks for all the help. Yes, I am the listing agent. Originally, the seller told me that it was a Fannie Mae loan, although now I'm starting to question that. On one of the mortgage statements it say's "Loan Type: 30 yr Conv Rural Econ w/PMI."
© 2024 Created by Short Sale Superstars LLC. Powered by
Short Sale Superstars, LLC and www.ShortSaleSuperstars.com does not endorse the real estate agents, loan officers, attorneys, real estate brokers and other participants listed on this site. These real estate profiles, blogs, blog entries and forums are provided here as a courtesy to our visitors to help them make an informed decision when buying or selling a short sale. Short Sale Superstars, LLC takes no responsibility for the content on these pages that are written by the members of this community.