Hi, I'm hoping someone here can give me some insight on this.

 

We submitted an offer on a short sale 5/20 with chase as the bank.  On June 25, a full blown appraisal was done and the bank told the listing agent they would have a decision on the sale within 10 days.  They also said they need additional documentation from the seller, and upon receiving that, could make a decision in 10 days.  The appraisal came back within range, and they indicated to the selling agent there would be no counter.

 

The problem is, this was 3 weeks ago.  It seems to me, assuming the seller has supplied the required documents, that the bank should have a decision made.  What makes matters worse is that the selling agent seems to have gone dark on us.  He won't return phone calls or emails.

 

Does anyone know how I can get this thing finished. It seems to me we are right there at the finish line.

 

Thanks,

 

Adam

Views: 54

Replies to This Discussion

Rule 1. Never trust the # of days they tell you.

Rule 2. Add at least 30 days to the days they tell you

Rule 3. Chase bank is one of the slowest if not the slowest on short sales.

My experience is the sale as Sameer's.

Marcy

Ditto...on Sameer's comments.  Just when you have the feeling that responses are coming quicker, you get hammered.

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