RG
  • California
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First Name
R
Last Name
G
State
California
City
San Jose

RG's Blog

BofA intentionally increases the asking price for my short sale after a approved buyer backs out...wtf?

Posted on November 2, 2010 at 5:09pm 0 Comments

I am in a short sale with bofa. My home was appraised at 250K with similar places in the exact neighborhood selling for around $215. I owe $400 on the loan. So i get an offer for $250, which BofA approves. YEAHHHH!!!! I thought it would be smooth sailing...WAIT...NOT SO FAST!!!! after a grueling 4.5 months, the buyer decides to back out a week before close of escrow with some lame reason. What happens next is what confuses the heck out of me. So no big deal..we have other offers on the table.… Continue

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