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Caliber/RESNET will not extend short sale approval

Posted by P Nicolas Velecico on January 15, 2017 at 10:07am in Short Sale Discussions

 Sheriff Sale is scheduled for 2/2/17 , we had a short sale approval expire on 1/10/17 

 Was proceesing file myself through RESNET , Caliber is the servicer , when we did 

 not close they cancelled the file , cant get anyone to help , all we need is an extension 

 to 1/30/17 and we can close before the Sheriff Sale .

 NJ is judicial foreclosure state , they will not get posession for 8-9 months , does not make sense to go through with a Sheriff Sale when you have a willing and approved buyer 

Any ideas ? the investor is US BANK , do I have a  shot at maybe getting the investor to contact the servicer so they will approve it ? 

The reason I am being given that they cannot look at file again is because the Sheriff Sale date is less than 37 days out 

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Replies

  • Jonathan Katz January 15, 2017 at 4:09pm

    Did they close the file out of Res.net?

    How long until the buyer can close?

    I'd be escalating to higher ups to plead the case for an extension.

    Brett@ishortsalenow.com

    310-564-6389

    www.ishortsalenow.com

    • P Nicolas Velecico > Jonathan Katz January 22, 2017 at 12:38pm

      they sent message that file in inactive
      Sheriff Sale 2-2-17
      Buyer and seller can close this week

This reply was deleted.
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