RG's Blog (1)

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

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

Added by RG on November 2, 2010 at 5:09pm — No Comments

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