I had an offer in Feb. 2010 and now understand that I didn't handle all the info properly, at that time.
I resubmitted properly in April 2010 and spent the next 4 months on an all cash deal,( BOA website states a cash deal should take considerably less time), only to be requested 3 times in 10 days the same info. It got ridiculous. Never once was an email or phone call to the negotiator ever answered or return. THE ONLY WAY I GOT ANY ATTENTION WAS TO send an email to everyone on the list, as the negotiator just ignored me.
The final conclusion was a denial. The property has a huge mold issue and I truly do believe that this was not taken into consideration with the BPO or the investors, as to what the property can really sell for.
Does the condition of the house, that is - the huge mold problem and the unresolved water issue, adding to the mold issue, have any bearing on the BPO or the investors thinking?
It is almost impossible to be away from your computer with equator.com, as you are only given 2 days notice to get any docs/etc in or you face a possible kick-out and start over, while BOA/equator can take as long as they deem necessary . The process is maddening at best.
How could I have handled this differently so as not to have been such a time waster?
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