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Market that property hard and find a new buyer. You will need to submit a whole new package unless you find some helpful soul at B of A. Once you notify them that your buyer has walked, they close the file and you have to start afresh. I personally aggressively market to get multiple offers to choose from, interview the agents of the best offers (for someone who is willing to stick it through) and submit the new offer. The last offer that I was told could be walked through by a supervisor in 10 minutes since the offer was the same (literally the same) ended up taking six months for approval and several negotiators. I just closed that transaction on Friday. Good luck.
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