DO you know if you can change buyers after approval issued?
Can you change buyers after the short sale approval has been issued and the ATP expired but they are willing to extend it for 2 months? I know they can BUT I was wondering if they will order a new appraisal or will it delay it any? Offer and net will be the exact same as current buyer.
I dont want them to order a new bpo since our current one is a good one! :)
Replies to This Discussion
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Permalink Reply by Ann Howard on
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I know you can with Bank of America if you change buyers within the allowed time frame of 5 days at least in California.
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Permalink Reply by joe beauchamp on
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Yes, delays - you will back up to having the ATP and start all over with the new buyer. Delays are much longer than they should be with WF or BofA - you didn't say which servicer. In any case, they have to check out your new buyer, just like they did with your old buyer.
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