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Permalink Reply by Mike Rosania on May 16, 2012 at 10:30am

Did they agree to the offer price? My most recent transaction took about 3 weeks to get written approval from that point with a verbal agreeemnt from negotiator regarding the price (net). It really depends on investor, mine is a Fannie deal with no MI.

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Permalink Reply by Keji Ogunleye on May 17, 2012 at 9:03am

It depends on your negotiator and investor.. I had one in offer analysis for almost 2months..., I had one in the stage for  less than1 week, and I have one right now that just got into that status and the negotiator informed me that she sent the file to QA for final review will take 48-72hrs

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Permalink Reply by Rick Maron on May 22, 2012 at 2:40am

Hi, I am at the same stage you are, have you made any more progress in the last few days?

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Permalink Reply by Kristen tateosian on May 23, 2012 at 4:22pm

Rick,

We actually got the short sale approval letter on Friday. The closing date says June 5th but we don't think it will happen because she has tax liens against the house that she needs to have removed. Hope you hear something soon!!

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Permalink Reply by Tamara Vannest on May 25, 2012 at 4:00am

Kristen - glad to see you are making progress! 

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Permalink Reply by Kristen tateosian on May 26, 2012 at 6:31pm

1 step forward.... 2 steps back....Closing dated extended to July 2nd by bank to allow seller to have  federal/state tax liens removed....is this ever going to end????

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Permalink Reply by K C on June 28, 2013 at 2:18am

Hello,

We are in the offer analysis stage as well. When your status changed to "offer analysis" did you receive a counter offer before being sent to the investor? We have been in this stage for probably a week and still waiting to hear something. The bank set our closing date to July 10th but not sure if that will happen since we haven’t heard about approval.

Thanks!

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Permalink Reply by Wayne Brooks on June 28, 2013 at 4:41am

Kristen, not trying to be non productive or critical, but whoever is negotiating this should have been aware of these liens, and working on them, from the beginning. They shouldn't "pop up" at the end.

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