Help, I got short sale approval last week, but buyer was mad because interest rates went up and bank would not pay $750 for septic certification, which is a state law that seller take care of this. So, buyer cancelled. Meanwhile seller said he could not pay it and agents/lenders said they would cover it, but buyer cancelled anyway. Meanwhile, everyone has a cooler head this week, but apparently file has been killed in system as I tried to explain to bank that this was a state law and should be covered by bank.
Is there anyway to get file re-instated back to the original approval date??? Please advise, it seems my point of contact is out and we need to move forward fast to keep the COE the same. Thanks!
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Depends on the bank and if your file is being processed through Equator. If so, NO - its a complete do over.
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