Bank of America ...help!

Here's my timeline... Oct 2011 made my first offer 305k plus 3% in closing March 2012 BOA countered at 315 plus the 3% closing I figured the end was near so I countered that same day at 310k and 3% closing figuring they'd take or counter back at the same. May 2012 they countered at 310k no closing... Haha good trick that's a worse offer! So I just gave in and countered back at their original offer 315 and 3% closing and figured done deal right? Wrong! Since then there had been an overload of forms being submitted multiple times with that status of my offer being 'under review'. I was running out of time come June so we escalated the file. Was told it'd be 5 business days to get a response.... And no response, so much for the escalation. Now just one week ago my realtor finally broke through to this escalation office and someone picked up the phone. This lady, Mary Adams, said she was surprised we hadn't received the approval already and to check equator by the end of the day. If it wasn't there just call her. Obviously it wasn't there so we've been calling for one week now with no response. Even tried the twitter thing two days ago and they said the file is under review... What else can we do?!?! 9 months with the exact contract the bank wanted! Help!

Replies

Bryant Tutas July 12, 2012 at 10:55pm

Every time you counter the file gets run back through the investor. After 2 counters the file is closed and you have to start over again. It sounds like you are getting very close to receiving the approval on this one. Keep pushing.

This reply was deleted.