Can you change buyers after the short sale approval has been issued and the ATP expired but they are willing to extend it for 2 months? I know they can BUT I was wondering if they will order a new appraisal or will it delay it any? Offer and net will be the exact same as current buyer.
I dont want them to order a new bpo since our current one is a good one! :)
Tags:
I know you can with Bank of America if you change buyers within the allowed time frame of 5 days at least in California.
Yes, delays - you will back up to having the ATP and start all over with the new buyer. Delays are much longer than they should be with WF or BofA - you didn't say which servicer. In any case, they have to check out your new buyer, just like they did with your old buyer.
© 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.