"Hello Sheila, same happen to me. Just instruct your friendly escrow company to handle the $5,000 "out of escrow" so that way you can move forward of the closing. Also, how long you wait to get the approval? I started a SS with…"
I have a transaction where PNC holds 1st and 2nd, both where originated at the same time. 1st is for $316 and the 2nd for $20K. I listed the property for $140K and after few days i got and offer from a local agent for the same amount. It's been 5 weeks already that i submitted the SS package and all they say is it can take up to 12 weeks to get an approval. I am afraid the buyers can walk away any time! Any suggestions how to escalate up this file?
"Hello Tom, i have a deal where is a FHA Short Sale with Wells Fargo, i already know the negotiator's name but is been over a month i submmited the paperwork and i have not receive any call from him, do you know any other name in that department…"
Short Sale Superstars, LLC and www.ShortSaleSuperstars.com does not necessarily 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.