Anyone know why our offer would be approved so quickly with the sellers 1st loan through BOA and it's taking twice as long with the second. I know they want to get as much as possible but didn't think this would hold up the sale. The 1st department approved it within a week and as of May 27th, the selling agent is still working it out with the second. There was mention of BOA negotiating the money the home owner would have to come up with...could that be the hold up?
2nd Question...
Also, in CA when a short sale is involved...and there is a pool...can the home owner legally shut the water off? When we looked at the home, everything was looking good with the pool. A month later (revisiting the home), the pool is green, slimy, dead rodents floating and frogs living in the pool. The pump is off and there's no water to the house. The selling agent is having a hard time getting the owner to comply.
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