Janet English's Blog (1)

If lender is not communicating, do you have an obligation to communicate that offer has fallen through?

Do you immediately call the lender to say the offer is kaput when you haven't heard from the lender in weeks on end?

Do you wait until you hear from the lender, hoping against hope that the short sale approval process -- whatever it may be -- is working its way through the channels and by the time you hear from the lender you will have another offer?

Of course, when contacted by the lender you should explain the situation, but should you remain silent until that call…

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Added by Janet English on August 15, 2010 at 7:16am — 2 Comments

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