When to call it a day?
Am on my 6th buyer. Buyers walking due to B of A length of time to do anything.
I submitted offer with same net as last offer AND included the payment to PMI, that Old Republic PMI accepted and it's been 6 weeks and it's still in valuations. They got an appraisal back 2 weeks ago and have to give it the old eagle eye (even though it's the same as one they accepted in February).
My seller doesn't care what happens to property anymore. Any ideas why BAC can be so incredibly hard to work with? They say they're going to improve service. I even heard they were going to
use Wachovia's model. That sure hasn't happened yet.
I have another escrow with them where I have the buyer. There's a trustee sale set for April 21 and posted, but BAC says - "no, there's not". Who do you trust?
Replies to This Discussion
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Permalink Reply by Aneetra Isis Sherrell on
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Don't rely on them. Fannie Mae themselves sent me an email (through the [email protected] that was provided by my wonderful fellow short sale superstars, thanks!)saying that the sale for April 5 has been postponed while we work out HAFA. Ha! AMS got the same email I did, but since B of A is the servicer and they say they did not receive it so the sale was not postponed. The home owner got a note on the door that the property is now owned by Fannie Mae to get in contact with the listing broker. I have a Hamp rep that is working with Fannie to get this rescinded. He was not shocked, but said we would work it out. in the meantime AMS is still working the HAFA short sale.
Stay tuned.... -
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