Hello,
On one of my short sales...
Received Chase (2nd) approval first on 10-14 with target closing date of 11-16
Didn't get US Bank's approval (1st) by 11-16
US Bank now requests an updated 2nd lien approval before they issue it, all other docs are in.
Chase requests US Bank's approval before they will update theirs with new date, actually tell me that their approval while expired is still valid and they wouldn't have an issue with updating once 1st approves.
File closed by US bank 11-30 with 10 day grace period to revive gives me 'til 12-07 (12-09 is Sunday)
Escalation at USBank tells me they will take 30 days to review a complaint
Buyer, seller and Title have been ready to close.
Emailed USB from processor to VP requesting approval, they replied noting expiration of second's letter, denying approval
Chase tells me to call the Dpt of Justice as 2nd approval isnt (or shouldn't be) required to get 1st..
Neither will budge
What to do?
Any thoughts?
Tags:
© 2024 Created by Short Sale Superstars LLC. Powered by
Short Sale Superstars, LLC and www.ShortSaleSuperstars.com does not endorse the real estate agents, loan officers, attorneys, real estate brokers and other participants listed on this site. These real estate profiles, blogs, blog entries and forums are provided here as a courtesy to our visitors to help them make an informed decision when buying or selling a short sale. Short Sale Superstars, LLC takes no responsibility for the content on these pages that are written by the members of this community.